Brands that Punch Above Their Weight
I’ve now heard this phrase several times over the past few months and decided to do a little detective work on the topic over the holidays. And talking to family, friends and people in the know, it is quite clear that, when asked, almost everyone can come up with
their 3-4 nominations for brands that fit this description. And as you will see later, the list includes some very attractive brand names.
Defining What We Mean
For a brand to punch above its weight, it must have a disproportionately higher awareness, reputation and/or chatter-factor relative to its actual size and share of market.
Some of the Brands that Qualify
In alphabetical order, they include:
Isolating the Unifying Elements
Individually, every one of these brands has extra-ordinary strength and appeal in its own right but the more intriguing issue centers around what unifying attributes link them all together. From my assessment, there are 6 common themes:
- Heavy on authenticity: all of the brands have real history and heritage that help create a deep sense of authenticity and genuineness that pervades everything about the brand.
- Culture-influencing: these brands have all managed to influence and shape modern-day culture despite several operating in functional categories such as cleaning and technology
- Mission-driven: these brands all have a palpable sense of mission about them – a mission that guides and inspires both their organization as well as their customers. Many have a very proactive social responsibility stance
- Product innovators: all of these brands disrupted the status quo with their game-changing product and in the process brought us a something new and different
- Cult following: all of these brands have a large and vocal band of followers who believe in the brand, promote the brand and participate increasingly in building the brand
- Innate style: in some instances, this is brought to life through a retail experience but in every case, there is something inherently stylish about the brand and the product
As I think through this list of brands, I am sure ‘punching above our weight” was never the initial intent of any of them as they set out on their brand-life. But whatever their purpose, all have arrived at a similar sort of place – most of them interestingly without the help of big traditional advertising campaigns.
What strikes me about this attractive group of brands more than anything else is the fact that they have an intuitive understanding about the need to be distinctive – whether it be in attitude, in product performance, in experience, in occasion or in design. Seems to me therefore that the leaders of all of these companies, either instinctively or professionally, realized the value of positioning in creating and managing a desirable and successful brand.
The fact that they are not financial giants and don’t appear on the top 100 brand list doesn’t matter – they should still be the inspiration for many who do…they are that good!!
Tom Huetz
January 27, 2010 at 2:50 pmThank you for the insights, Simon! I hope you don’t mind, I listed some top-line facts about each of the brands you cited and a link to Wikipedia for each. Initially, I was interested to find out when and where each of the brands were founded. For what it’s worth, 8 of 14 were founded in California or New England.
Ben and Jerry’s
– founded in 1978
– Vermont
– hippies
– $12k initial investment
– http://en.wikipedia.org/wiki/Ben_and_Jerry%27s
Burt’s Bees
– founded in 1984
– Maine
– first sales = $200
– http://en.wikipedia.org/wiki/Burt%27s_Bees
In-N-Out Burger
– founded in 1948
– California
– NOT franchised; all locations within a days ride from headquarters
Method Products
– founded in 2001
– California
– commitment to sustainability
– http://en.wikipedia.org/wiki/Method_Products
POM Wonderful
– founded in 2002
– California
– controversial animal testing until 2007
– distinct packaging design
– http://en.wikipedia.org/wiki/POM_Wonderful
SIGG
– founded in 1908
– Switzerland
– focused on bottles in 1998
– “world’s toughest bottle”
– liner now BPA-Free
– collector’s appeal
– http://en.wikipedia.org/wiki/Sigg
McIlhenny Tabasco
– founded in 1868
– Louisiana
– family owned
– first packaged in discarded cologne bottles
– http://en.wikipedia.org/wiki/McIlhenny_Company
Burton
– founded in 1977
– Vermont
– first boards made by hand in garage
– http://en.wikipedia.org/wiki/Burton_Snowboards
Illy
– founded in 1933
– Italy
– 1935 invented 1st auto coffee machine
– invented method of packaging coffee via pressurization
– http://en.wikipedia.org/wiki/Illy
Lululemon Athletica
– founded in 1998
– Vancouver, Canada
– subsidiary company called OQOQO focuses on clothing made from sustainable fabrics
– cult connections?
– http://en.wikipedia.org/wiki/Lululemon_athletica
MINI Cooper
– new concept hit market in 2001
– first generation was designed by Frank Stephenson
– MINI, is all-capitalized to distinguish it from its predecessor
– Beer can exhaust
– http://en.wikipedia.org/wiki/Mini_(BMW)
Red Bull
– developed by Dietrich Mateschitz between 1984-87
– Austria
– originally an energy drink from Thailand called “Krating Daeng” which is the literal translation of Red Bull in Thai
– Gives you Wings!
– http://en.wikipedia.org/wiki/Red_bull
Timberland
– founded in 1952
– Boston, mass
– footwear designed for hiking and mountaineering, though popular as a primary element of fashion
– in 2007, 78th best employer to work for
– Company is also active in community service
– http://en.wikipedia.org/wiki/The_Timberland_Company
Trader Joe’s
– founded in 1958
– California
– named after its founder, Joe Coulombe
– Privately held
– Started as “Pronto Markets”
– May 2009 issue of Consumer Reports ranked Trader Joe’s the second-best supermarket chain in the nation
– http://en.wikipedia.org/wiki/Trader_joes
Tom Huetz
January 27, 2010 at 2:53 pmOops..missed one!
http://en.wikipedia.org/wiki/In-n-out