Reading

The shelf behind the argument.

Books I go back to. The Brand Trilemma is built on the marketing thinking collected here. The reason the industry keeps starving the Equity corner is older, and it sits outside marketing: a flaw in how people read evidence. So the list runs on two shelves, marketing and uncertainty.

I have read the books listed here. The obvious missing names, Byron Sharp and Kevin Keller among them, are on the shelf and not yet read. They will appear once I have read them.

Lineage

The marketing shelf

The thinking the Brand Trilemma is built on.

  1. The Long and the Short of It cover

    The Long and the Short of It

    Les Binet & Peter Field 2013

    The direct parent of the model. Binet and Field put a number on the split the industry keeps ignoring: roughly 60% of budget to brand, 40 to activation, and the two do different jobs rather than fight over the same one. The Trilemma adds a third corner, Identity, and turns their split into a map you can plot a brand onto. If you read one thing on this shelf, read this.

    Buy at Waterstones

  2. Positioning: The Battle for Your Mind cover

    Positioning: The Battle for Your Mind

    Al Ries & Jack Trout 1981

    Older than most of what gets called strategy, and still the clearest thing written on the Identity corner. Ries and Trout's claim is that a position lives in the customer's head, not on the product: you win by owning a simple idea before anyone else does. The examples are dated and the tone is brash. The core idea is bulletproof, and my essay on why positioning is a bet, not a slogan starts from it.

    Buy at Bookshop.org

  3. Managing Brand Equity cover

    Managing Brand Equity

    David Aaker 1991

    The book that argued brand equity was an asset worth a line on the balance sheet, back when the phrase barely had a definition. Aaker breaks the Equity corner into parts you can actually manage: awareness, associations, loyalty, perceived quality. The cases are thirty years old and it reads like the textbook it is. The frame underneath still holds, and it is where the word equity on this site gets its precise meaning.

    Buy at Blackwell's

Why it happens

The uncertainty shelf

Why the countable keeps beating the important.

  1. Thinking, Fast and Slow cover

    Thinking, Fast and Slow

    Daniel Kahneman 2011

    Kahneman gave the starving a name. What you see is all there is: the mind builds its story from the evidence in front of it and never stops to ask what is missing. In a budget meeting the dashboard is what sits in front of everyone, so the dashboard becomes the whole case. Equity was never on the screen, so it never enters the argument. I reach for this whenever someone calls a number the data, as if the rest of reality had signed it off.

    Buy at Bookshop.org

  2. Fooled by Randomness cover

    Fooled by Randomness

    Nassim Nicholas Taleb 2001

    The one that taught me to distrust a good quarter. Taleb's subject is the run of luck that looks exactly like skill until the distribution catches up. Half the performance results I have ever presented were partly demand somebody else built, or plain variance wearing the costume of cause. He is repetitive and he is rude about it, and it is worth reading anyway. The chapter on survivorship should be handed out at every case-study session.

    Buy at Bookshop.org

  3. The Black Swan cover

    The Black Swan

    Nassim Nicholas Taleb 2007

    Silent evidence is the Brand Trilemma's central claim in two words. What survives to be measured is the loud, converting minority. The demand your brand created that never resolved into a click leaves no mark on the model, so the model decides it never happened. Read the chapter on the narrative fallacy and you will never again quite believe the tidy story about why last month's sales moved.

    Buy at Bookshop.org

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