Book Number Three: Aaker on Branding: 20 Principles that Drive Success – David Aaker
- Only academic – 15 books, articles, etc.
- Professor Emeritus – Haas School of Business, University of CA Berkeley
- Consults, Awards and Vice-Chairman for profit
- Compact presentation of the core principles from everything he has learned and written.
- Thinks about brands and business as a promise, a relationship, and a journey.
- Relevance, benefits, resilience…and fun!
- More important, platform for strategic options that affects financials, growth, life.
- Because he recognized that brands are assets with value…brand equity:
- If you have a name, you have a brand.
- Human body – value of elements = $160 (Oprah, Tiger, Kardashians)
- Bottom line: A brand will benefit if it can develop an actionable higher purpose.
- Quote by Dick Bruner, "The business of a club is to raise the member’s standard of living."