ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Retail and Marketing

Building Distinctive Brand Assets

September 6, 2018
Reading Time: 4 mins read

The CEOs of nine financial trade associations, including ABA, wrote to newly confirmed Secretary of Labor Alexander Acosta today requesting a meeting on the Department of Labor’s fiduciary rule.

By Becarren Schultz

If you work in marketing, you’re more than familiar with the need to emphasize your brand’s unique selling proposition. You have to know what sets your company apart from the competition and then play to those strengths.

But it’s a balancing act. You can’t be so different from the rest of your industry that nobody knows what you do. The key is to stand out without being too far out. You want to distance yourself from your competitors, but not the entire industry.

What’s the difference between different and distinct?

Think of the last time you were in an art museum. You don’t need to know much about Impressionist painters to be able to tell a Monet from a Renoir—they’re distinct from each other, but not so very different. The last time you went to an art museum, you probably noticed all the Impressionists were grouped together, while Cubist paintings were displayed alongside other Cubist paintings, and so on. Impressionism and Cubism are different styles of painting, but with distinct artists within each group.

This is what we mean when we say marketers should look for ways to make their brands distinct, without being different. You want people to know immediately that your brand is a bank, but you also want to link your brand to specific products/services.

Building recognition.

It’s common knowledge that:

  • Ace is the place with the helpful hardware man.
  • Burger King is home of the Whopper.
  • A box with a smile-shaped arrow on it means that your Amazon order has arrived, as expected.

This can only be done through strong branding and repetition.

Branding includes assets like your company’s logo, the color (or colors) of that logo, taglines, advertising styles, and even personalities or characters. For example, can you think of Progressive Insurance without thinking of Flo? The company has worked hard to include that character in all their advertising efforts and to present her to the public again and again.

The result? Everyone recognizes Flo and thinks of Progressive Insurance when they see her. That’s branding that sets the company apart as distinct from its competitors. Just like McDonald’s has Ronald McDonald and Disney has Mickey Mouse. These are just a couple examples of companies that have created characters and then worked hard to associate them with their brands.

It’s worth noting here that advertising has to do more than just convince people to buy—it has to take up mental space so that the brand becomes readily available to them. It needs to solidify itself in the minds of consumers so that, when they see something that relates to the brand (whether it’s the logo, the tagline, or a character) they immediately think of the brand, even without naming the brand itself. Think of McDonald’s golden arches or Mickey Mouse’s ears. They’re simple symbols that immediately bring to mind a specific brand. This is what Professor Byron Sharp has famously coined, mental availability. (For more on this, read Byron Sharp’s book, How Brands Grow).

Understanding buying behavior.

Having distinctive brand assets doesn’t guarantee that consumers will buy from that brand, but it does make it more likely. Here’s why. Humans are primed to prefer that which is familiar, which means if they recognize your brand, they’re more likely to buy from you—or at least consider you.

That said, it takes more than recognition to acquire new customers. You also have to make connections between your brand and what it is you’re selling. When you think of chicken nuggets, you probably think of McDonald’s. When you’re craving a Frosty, you might think of Wendy’s.

This is another element of distinction. Chicken McNuggets are just chicken tenders, which are sold in fast food restaurants all over the country. But by linking them with the McDonald’s name (and brand), McDonald’s makes you think of their restaurants when you want chicken nuggets. The same goes for Wendy’s Frosty, which is just a milkshake (another product that’s available at various restaurants all over the country), but by giving their own name for it, they have effectively claimed that particular product as their own.

TD Bank has entered this territory with its “Green Room” campaign. Featuring a series of commercials that portray a funny, relatable financial advisor chatting with customers on a comfy tufted couch, the campaign portrays financial planning at TD Bank as easy and accessible—just as bank customers want it to be. And it turns the distinctive green couch into a potential symbol for the bank’s value proposition.

https://www.youtube.com/watch?v=xT2k2KV5Qa4&list=PLf5N6dqfQaNR5YubXtNagUiU9HQyqwIhB&t=0s&index=2

The importance of consistency.

Finally, you have to consistently deliver on the promises your brand makes. Chicken McNuggets, for example, taste the same in McDonald’s locations all over the country. No matter where you are, you know what you’re getting. The same goes for everything else on their menu. We all have our adventurous sides, but sometimes we want to know exactly what to expect. That’s when we tend to turn to the brands we already know and love. And if reliability in fast food is important to consumers, you can imagine how they feel about financial services.

Think outside the box.

Once you have a strong brand, you can start relating it to things well outside your normal products/services, as long as you make sure to link it back to the brand. A good example of this is the Ronald McDonald House, which helps raise money for children in need. Because McDonald’s has always promoted itself as a family-friendly establishment with things like kid’s meals that make it easy for parents to feed (and entertain) their kids while on the go, it makes sense for the company to support efforts to help children. They strengthened this association by naming the organization after their brand’s character. Now, despite the controversies regarding the quality and nutritional value of McDonald’s food, the Ronald McDonald House has created a halo effect, which casts a more positive light on the restaurant. We could go on about how philanthropy is also good for brands, but that’s a story for another day.

Becarren Schultz is director of client development at Ameritest, a provider of branded content research and communications consulting services. Email: [email protected].

Tags: Branding
ShareTweetPin

Related Posts

Poll: Growing deposits top priority for midsize banks in 2023

The real value of bank deposits goes beyond yield

Economy
October 22, 2026

Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.

Banking on podcasts

Banking on podcasts

Retail and Marketing
October 20, 2026

Podcasts can offer insight and expertise that adds value and builds banks’ credibility.

Five tips to juice community bank board performance

New survey probes community banks’ plans for digital assets

Community Banking
October 6, 2026

Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to the Conference of State Bank Supervisors' 2026 community bank survey released today. 

The Shift from Demographic Marketing

The Shift from Demographic Marketing

Retail and Marketing
October 1, 2026

SPONSORED CONTENT PRESENTED BY ALKAMI What generational banking trends reveal about the shift from demographic marketing to anticipatory relationships Financial institutions have spent years asking how to attract younger account holders, retain older ones, and tailor the banking...

Podcast: Creating seamless customer experiences

Podcast: Creating seamless customer experiences

ABA Banking Journal Podcast
September 30, 2026

How does First Horizon Bank's growing regional bank franchise meet consumers' digital needs? 

ABA honors five banks with national bank marketing awards

ABA honors five banks with national bank marketing awards

Newsbytes
September 24, 2026

ABA recognized five banks for outstanding marketing initiatives during the 2026 ABA Bank Marketing Conference in Austin, Texas.

NEWSBYTES

ABA to livestream portions of annual convention general sessions

October 22, 2026

FinCEN investigating Greek bank for alleged Iranian ties

October 22, 2026

Studies gauge fraud costs for banks, financial services

October 22, 2026

SPONSORED CONTENT

The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026
Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

September 8, 2026

PODCASTS

Podcast: Proactively managing the core provider relationship

October 22, 2026

Podcast: How community banks can keep farmers farming in turbulent times

October 14, 2026

Podcast: The birth of American money and how it triggered a revolution

October 8, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.