Mention the country France, and many
would picture Paris, La Ville-Lumière
– the City of Lights, The Paris Fashion Week,
Cannes Film Festival, luxurious Bordeaux wines and vineyards,
French Alps, famous landmarks such as Eiffel Tower,
Louvre Museum, Palace of Versailles and Arc de Triomphe,
friendly and wealthy people as well as their love culture.
France is widely known as a remarkable destination
for everyone from romantic couples to art and architecture
lovers, wine tasters, fashionistas and even skiers.
With 79 million visitors per year, France is considered
as one of the most popular tourist destinations in the
European countries (http://www.brandchannel.com/papers_review.asp?sp_id=572).
However, besides tourism, people and culture, France
is also branded and wanted for their brands of diversified
industries including in fashion, automobiles, tires,
cosmetics and beauty, and many more. There are several
types of brands in the market – product brands,
retail brands, service brands, franchise brands and
of course, corporate brands. With a combination of quality
and elegance that are built to last through time, France
has created many global brands that also include Pinault-Printemps-Redoute
(PPR), Michelin, PSA Peugeot Citroën and L’Oréal
Group.
Since the 17th century, France is loved and celebrated
for its haute couture brands. Today, Paris is considered
one of the world’s fashion capitals to many premier
designers and fashion houses alongside Tokyo, London,
Milan and New York City (http://en.wikipedia.org/wiki/French_fashion).
Founded in 1963 by billionaire, François Pinault,
Pinault-Printemps-Redoute (PPR) is a French multinational
holding company that offers prestigious sub-brands of
haute couture products. Through time, PPR has transformed
itself from a conglomerate to the third-largest luxury
retail group in the world, making them wanted and recognised.
With consumers’ brand loyalty and brand confidence
towards PPR’s sub-brands such as Yves Saint Laurent,
Balenciaga, Gucci and Bottega Veneta, PPR has captured
mind share and market share globally, making them one
of the leading brands in the fashion industry.
Another strong French brand is Michelin. First in the
global tyre market, Michelin is successfully known and
branded all over the world for its durable and quality
tires for all types of automobiles. With its excellent
Research & Development (R&D), Michelin develops
new innovations and solutions every year for the convenience
of its consumers (http://www.michelin.com/corporate/).
Furthermore, Michelin has great brand recognition for
its brand mascot – the Michelin Man, or otherwise
known as Bibendum, a stack of tires that resembles
a human shape. The brand mascot projects a happy and
warm brand image for everyone to remember and associate
with. Bibendum is considered retro chic and
a French national brand icon. The mark of the brand’s
strength is when the brand mascot can stand alone without
the Michelin brand name, yet still retains the same
brand recognition that captured total brand recall around
the globe (http://www.brandchannel.com/features_profile
.asp?pr_id=212).
As Europe’s second biggest car maker, PSA Peugeot
Citroën is also a great example of a wanted brand.
This French brand exports its automobiles across the
world, including in Europe, Japan and Malaysia. What
makes this brand so famous and wanted? Its range of
eco-friendly vehicles enables the brand to confirm its
environmental leadership in the automobile world. For
the third consecutive year, it has sold more than one
million vehicles worldwide emitting less than 140g of
carbon dioxide per kilometre. Also recognised as the
European leader in fuel efficient cars, they are determined
to reduce fuel consumption and emissions. This is an
advantage for the brand as the world is driving towards
eco-friendly solutions to protect the environment for
a greener future. (http://www.psa-peugeot-citroen.com/en/psa_group/).
L’Oréal Group, the world’s largest
cosmetics and beauty company is not only famous in France,
but all over the world too. Headquartered in Paris,
L’Oréal Group has 100 years of expertise
in cosmetics and is ranked among the 100 most sustainable
companies worldwide. The brand consists of 23 global
sub-brands of cosmetics, hair colouring, hair care,
skin care, sun protection and perfumes products. Truly
comprehensive and accessible, L’Oréal Group’s
sub-brands including L’Oréal Paris, L’Oréal
Professionel, Vichy, Lancôme and The Body Shop
are actively distributed across 130 countries reaching
a billion consumers of diverse cultural origins –
American, Italian, French, Japanese, Chinese, Indian,
Malaysian and many more. These sub-brands are also recognised
as world brand leaders in their particular market. L’Oréal
Group’s R&D made its brands wanted and loved
all over the world, by developing new formulas in the
fields of skin and hair (http://www.loreal.com).
Strong brands of France can help to instil significant
brand knowledge and brand value throughout their sub-brands
through brand diversifications, to grow the culture,
people, systems, training, positioning, promotion, distribution
and alignment of these sub-brands for further development
and expansion. Right branding also assists in distinguishing
their brands from other competitors in the market, positioning
them as leaders in their respective markets. This strategy
will build better brand perception in the minds of the
consumers for total brand awareness and brand recall.
Moreover, right branding also helps to reap in greater
mind share and market share for its sub-brands that
will surely increase the Return On Investments (ROI)
and brand equity of France.
Through branding excellence, it turns France into a
prominent country in exporting and offering quality
and exclusive brands and products from all kinds of
industries. And recently, the success of French brands
is one of the contributing factors to France being the
fifth-largest economy country in the world, after the
United States of America, Japan, Germany and the United
Kingdom, making the country branded, wanted and loved
everywhere
(http://www.brandchannel.com/papers_review.asp?sp_id=572).
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