Me-Too Brands: Vacuums
Vacuum cleaners: did anyone think this was an industry that could be radically reinvented into product lines where people would willingly pay over $500 for a unit?We can probably thank Dyson for these recent innovations. They finally created a vastly superior product and charge a handsome premium for it. The best part is that people are happy to pay for it and continue to sing the product's praises. Enter the copycat branding.
Walking through the vacuum section of any store, you will notice an interesting phenomenon. Many of the units on display have copied the body style and characteristic yellow highlights of the Dyson models (and also some of their premium pricing). This isn't all that uncommon: mimic the style, but not the functionality, of your premium competitors. Buyers aren't necessarily tricked into thinking this is the same product, but they are comforted by the fact that this less expensive alternative bears a superficial resemblance to the high-status version. Perhaps there is a little status-seeking in this as well.
Riding on the coattails of a successful competitor is, obviously, not uncommon. We see it with cars, clothing, accessories (think women's purses), electronics, and many other consumer products. The problem with this is that the copycats, almost always of inferior quality, end up eroding the first-mover's brand. Next time you shop, keep your eye out for who is the leader and who is the follower and note some of the product trends. You might want to turn that eye onto your organization's brand as well--are you the leader or are you the follower?
Labels: best practices, Branding commentary, branding trends







