In the world of branding, there are two essential concepts that are worth understanding – house mark and product mark. A house mark is a term used to describe a company’s trade name or corporate name, while a product mark refers to the specific brand names used to identify individual products or services offered by the company.
To better understand these concepts, let’s take a look at an example. Parle, one of India’s leading biscuit manufacturers, is a house mark. It is the corporate name that represents the company as a whole. However, within the Parle brand, there are several product marks or brand names that are easily recognizable – Monaco, Buttercup, Krackjack, and Hide & Seek, to name a few.
While a company’s house mark is essential for branding, it is the product mark that consumers are more likely to remember. These product marks are specific to the products or services being offered, and they are often the first thing that consumers will associate with a company.
For instance, when someone says “Monaco,” the first thing that comes to mind is a crispy, salted biscuit made by Parle. Similarly, “Buttercup” is associated with Parle’s range of butter cookies. These product marks allow companies to differentiate their products from those of their competitors, and they help to create a strong brand identity.
A company’s house mark and product marks work together to create a cohesive brand image. While the house mark represents the company’s values and mission, the product marks help to create a specific identity for each product or service offered. This allows consumers to easily identify and differentiate between different products and services within the same brand.
In conclusion, understanding the difference between a house mark and a product mark is important for any company looking to build a strong brand identity. While the house mark represents the company as a whole, it is the product marks that consumers are more likely to remember. By creating strong product marks that are easily recognizable and associated with quality, companies can build a loyal customer base and increase brand awareness.