Mind shareAdvertising ultimately seeks to establish what is called mind share (or share of mind). When people think of examples of a type or category of product, they think of a limited list (referred to as an evoked set). Any product included in an evoked set has mind share. The more easily remembered (referred to as top of mind), the greater the share of mind of that product. Marketers try to maximize their product's share.
Dominant mind share
At the extreme, mind share is the status a brand can achieve when it co-exists with deeper, more empirical categories of objects. Kleenex, for example, can distinguish itself as a type or brand of tissue. But, because it has gained significant mind share amongst consumers, it is frequently used as a term to identify any tissue, even if it is from an opposing brand. One of the most successful firms to have achieved this is Hoover, whose name was for a very long time synonymous with vacuum cleaner (and Dyson has subsequently managed to achieve similar status, having moved into the Hoover market with a more sophisticated model of vacuum cleaner).
Mind share can be established to a greater or lesser degree depending on product and market. In Texas, for example, it is common to hear people refer to any soft drink as a Coke, regardless of whether it is actually produced by Coca-Cola or not (the more accurate term would be 'cola').
A legal risk of having dominant mind share is that the name can become so widely accepted that it becomes a generic term, and loses trademark protection (referred to as a genericized trademark). Examples include:
- "Aspirin" is a special case—the US government took the trademark away from Bayer during the first World War, not because the term was being used generically, but as "enemy property," because Bayer is a German company.
- see genericized trademark for a list
|List of Marketing Topics||List of Management Topics|
|List of Economics Topics||List of Accounting Topics|
|List of Finance Topics||List of Economists|
In popular lexicon, a group of people who operate with a great deal of synergy can be thought of as having a mind share. This is the ideal state of a group.