Difference between Trademark and Brand | What, Why and Reasons
When
launching a firm, many decisions must be made, some of which must be made
before and after the start of operations. Choosing a brand name is one of the
most crucial considerations. While many individuals may not be able to
tell the difference between trademark and brand, they are distinct in several
respects.
What is a brand?
It is a
brand name for a company's products and services that conjures up positive
images and feelings in the consumer's mind. Personality, culture, identity,
image, character, reputation, and essence are all components of a brand. As a
result, the named elements define the value of a brand.
Because
of their importance, brand names are frequently protected by their
corporations, and if they are not, the brand's aspects can be freely exploited
by others.
Although
a brand name affords no legal protection against external usage, it does
provide a perceived value that only the brand can supply, as well as
recognition.
What is a trademark?
A trade
name, logo, colour, sound, or phrase that connects a corporation to its
services or products.
The main
benefit of a trademark registration
online is that it gives a corporation legal protection, allowing it to take
legal action against someone who uses the brand name without permission.
Words,
brand names, signatures, colour schemes, gestures, packaging, and noises, to
name a few, can all be protected by trademarks.
Apart
from the legal advantages of a trademark, other advantages include assurance of
product and service quality, promotion of goodwill, improved branding strategy,
and the ability to differentiate the trademark from comparable brands.
To avoid
legal action in cases where trademarked brand names are implicated, it is
critical to conduct research on brand names before using them.
What Are the Differences Between a Brand and a
Trademark?
Purpose
A brand
is a term that links to a company's products and services and creates
favourable pictures and feelings in the consumer.
A
trademark, on the other hand, is a registered trade or brand name, logo,
colour, sound, or phrase that distinguishes a firm from its services or
products.
Legal Protection
While a
brand does not have any legal protection against other individuals using it, a
trademark does.
Fundamental Vision
Consumers
use the brand name as a "memory heuristic," a quick and easy approach
to recall the desired product or service. A brand's name is an important
component.
It is
used to speak, write, or identify a product or service in order to distinguish
it from others in the same group or category.
The
trademark should not be confused with the core concept of a brand name. The commercial
source or origin of the items or services is linked to the trademark.
It is
referred to as a "badge of origin" in theory. In simple terms, a
trademark is a legally protected brand name or portion of a brand name.
Types
Actual
word (initials of anything), Description (name with product benefits),
International word (word from some other language), Founder's name (names of
real people), and Combination are only a few examples of brand names (combining
multiple words to make one).
Service
marks (source of goods), whimsical, random, and suggestive trademarks
(strongest and protected trademarks), just descriptive, descriptive, generic
(weakest trademarks), and trade name are all forms of trademarks (identifying
company as a whole).
Association
The brand
name is linked to the culture, personality, vision, and reputation of the
company. Simply put, the brand name aids in answering the question "what
is the company all about?" Packaging, symbol, and colour scheme are all
trademarked. It will safeguard your brand by preventing competitors from using
the same description, which could lead to consumer confusion.
Limitations
Your
trademark name is only protected in the state where it is registered. It means
that no one else can use your brand name in the same state. However, you can't
stop other states from doing so in a different type of business or industry.
The intellectual property that protects your brand identification by legally
establishing that your mark is not being used elsewhere is known as a trademark.
Also, it gives government protection.
Duration of Use
Unless
and until your brand name is prohibited at the local level or is being used by
someone else owing to non-registration, there is no time limit on how long you
can use it. A trademark can be used for ten years and is protected throughout
that time, according to the United States Patent and Trademark Office.
"Renew
between the fifth and sixth year following registration and within the year
before the end of every ten years by filing an Affidavit of use,"
according to the ten-year period.
Why is it important to know the difference between
Trademark and Brand?
Trademark registration
online gives the legal protection of a brand awarded by the Trademark and
Patent Office. A brand is a business image that develops over time. Also, has a
reputation of excellence in the eyes of customers.
A brand
aids in the identification of a firm and its products or services. A trademark
aids in the prevention of competitors copying the brand image. Forging
substantially similar identities to confuse the marketplace.
These are
some of them:
- Identity
- Image
- Personality
- Character
- Culture
- Essence
- Reputation
These factors, when considered collectively,
establish a brand's market worth.
Other
people can use a brand that hasn't been registered or trademarked without the
worry of being penalised. The unauthorized use of a trademark is punishable if
it is registered.
The brand
name is simply the moniker by which the company want to be recognised.
Trademarks, sometimes known as service marks, are legal symbols that symbolise
a brand, usually a business, and its goods and services.
While the
public recognises the company by its brand, the trademark protects certain
characteristics of that brand. These include, but are not limited to, the
following:
- The
company's name
- Distinct
labelling
- Signatures
- Words
- Symbols
- Packaging
- Colour
palettes
- Sound
or sensory impressions
- Movements
Reasons to Use a Trademark Instead of a Brand
A
trademark or service mark is important to safeguard against your brand
misappropriation.
Marks can
be used to prevent others from not just utilising your brand. Also,
establishing one that is so similar to yours that it confuses customers.
Moreover, leading them to believe they are purchasing a product linked with
you. "Brand confusion" is the term for this situation.
Trademark
protection is automatic. If you need to sue someone to protect your trademark,
you will bear the burden of evidence to show that the mark was yours first.
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