It is fruity, fun and affordable ever since the Great Depression.
Inventor, Edwin Perkins created Kool-Aid in downtown Hastings. Perkins concocted Kool-Aid in a brick building in 1927. This fruity, colorful drink is now 90 years old and still thriving today.
How does this brand stay popular for so long? Because they have a significant level of brand awareness. Each year the brand continues to be extremely popular, even though it is over 50 years old.
Be Cool like Kool Aid:
The reasons why Kool-Aid is so successful today, is because they go beyond the predictable attribute of just fruity flavors and bright colors. If you haven’t noticed already when walking down the beverage aisle, they have plenty of competitors nowadays. However, it is still difficult to beat Kool-Aid’s value: A single packet– priced as low as 29 cents at Kmart. This makes Kool-Aid an obvious choice for budget-conscious families.
It was a Hit During the Great Depression:
When the Great Depression hit only a year after Kool-Aid’s launch, Perkins cut the price from a dime to just a nickel making the brand into the affordable, must-have, delicious beverage that it is.
However, the most important ingredient in Kool-Aid’s lifespan is its mascot. Kool-Aid’s mascot is a smiling pitcher that was created in 1954, and by the 1970s, it morphed into a character that bursts out yelling “Oh, Yeaahh!”
Not only is this brand delicious on a hot summer day, but it also friendly and affordable for consumers. Since Kool-Aid’s increase in recognition, they have gained a strong base of loyal consumers that know they can count on them for the best product in their industry.
Let’s Face It:
The marketplace is filled with competing brands to make their product or service the most popular among consumers. Without the right brand image and strategy, your company can fall flat on revenue opportunities. A few things to keep in mind:
- Target Specific Audience Segments. If you want to garner awareness for your brand, then it is important to first understand who exactly you want to reach. To do this, hone in on capturing attention from key consumers and buyers. This can include influencers and corporate decision makers.
- Leverage Search Engine Optimization (SEO). These days, consumers are constantly searching the internet using key words that relate to your product or service. In this case, Search Engine Optimization (SEO) will be useful for improving the search ranking in Google. Ultimately, this will help drive your SEO to the top of rankings and increase the likelihood of brand awareness.
- Establish Social Media Presence. Most people use social media to research information about products and they ask friends for recommendations. It is crucial to establish a social media presence that will put your brand right in front of consumers. This gives your brand the opportunity to make your brand relevant to buyers.
Once you build awareness in your brand, you will begin to experience a rise in business growth and profit margins. Not only is building brand awareness important, but maintaining and growing strong relationships with your loyal consumers.