http://money.cnn.com/2012/01/24/technology/apple_store_sales/index.htm
The link above is an article about how the value of a single Apple store compars to the value of the White House. It says that the total value by each square foot is almost the same with a single Apple store. The Apple store is worth $4,709 per foot and the White House is $4,752. This does not mean all the Apple stores that are all over the world, but just ONE single apple store compared to the White House.
In class we are learning about product quality. One of the nine dimensions of product quality is reputation. The article says that one of the main reasons that Apple is doing so well is not only because of their products, but because of their brand identity. Their brand identity goes along with their reputation for having trendy designs, reliable, and top quality products.
Other companies that did not create this brand identity for its reputation do not have the same kind of intangible qualities for its product. If you see a picture of a white apple you automatically know that its an Apple brand product. Even if you just see an apple, the fruit, you think of Apple and how you want their new iPad. The fact that I have to insert “the fruit” so you do not mistake it for the store is an example of their reputation. Whenever you hear the word apple you are probably thinking of the store and do not remember you actually eat them. When you even read the title of this post, you could probably picture an Apple store with its clear glass walls and huge Apple on the front and you can picture the White House just as clearly if not a little less.
This dimension of product quality is not seen in many other companies. If you think of Dell there is no such image that comes up to your mind except for just a regular laptop. Picture a Dell store. I can’t and I am not even sure if they have one other than selling them through retailers like Best Buy. That should be a problem. If you ask any random person what the logo for Dell is they probably won’t even know that inside the circle of their logo one of the letters of the word Dell is actually sideways.
My question is should reputation be one of the most important dimensions for product quality? Should other companies follow Apple’s example and try to create an identity for themselves that others can see as an icon?