fbpx
Print this page
Saturday, 13 June 2015 14:54

What’s in a brand?

Written by 

The John Deere logo is probably recognised by anyone in agriculture, but a 2014 Top 100 of Global Brands and their perceived values produced by Interbrand showed JD was even recognised by the greater public, coming in at 79th position with a value of $5.12 billion.

Surprisingly, there were no other recognised brands with an agricultural leaning other than Caterpillar, probably better known for its construction equipment, that came in at 61st with a value of $6.8b.

No surprises then to see Apple as the most recognised brand (value $118b), Toyota 43rd ($43b), Mercedes 10th ($34.2b) and Ford down at 39th ($10.8b).

Interestingly, the readily recognised ‘leaping deer’ was first registered by Deere in 1876 when it was more locally known as The Moline Plow Company, its core business producing about 60,000 ploughs a year.

The original trademark showed a deer bounding over a log – a huge mistake by the designer because it featured an African deer not the Native American white tailed deer that appeared in later versions of the trademark.

Deere has updated its logo about six times since the late 19th century. The last change in 2000 was to a deer with its hind legs planted firmly on the ground, signifying the heritage and roots of the company, while the leaping deer with raised front legs captured the essence of a company moving boldly into the new millennium.

What’s certain is that the next time this logo gets a tweak it won’t cost $26 million and will always feature the leaping deer.

More like this

Combine harvester put through its paces in Oz

Twelve months after its release, the all-new John Deere S7 combine harvester has been put through its paces across a range of grain-growing regions, so producers can see first-hand its potential productivity and efficiency benefits.

Precision essentials plan saves money, drives tech adoption

Designed to allow customers to adopt technology and reduce costs, John Deere’s Precision Essentials Programme, offers those customers the option to either buy all their precision agriculture (PA) technology upfront, or select only the hardware and software that will be most valuable to their business.

Satellite helping unlock on-farm potential

John Deere has started the New Year with the release of JDLink Boost, using a satellite connectivity solution to ensure customers continue seamless work in fields with little to no cellular coverage.

Milk Sustainability Centre launched

The recently announced Milk Sustainability Centre – a collaboration between global giant John Deere and milking and feed specialists De Laval – is said to deliver dairy farmers a new tool to enhance efficiency and sustainability, while also rising to the challenges of changing regulations that affect their businesses.

Featured

NZEI unhappy with funding cut for teachers

Education union NZEI Te Riu Roa says that while educators will support the Government’s investment in learning support, they’re likely to be disappointed that it has been paid for by defunding expert teachers.

EU regulations unfairly threaten $200m exports

A European Union regulation ensuring that the products its citizens consume do not contribute to deforestation or forest degradation worldwide threatens $200m of New Zealand beef and leather exports.

Bionic Plus back on vet clinic shelves

A long-acting, controlled- release capsule designed to protect ewes from internal parasites during the lambing period is back on the market following a comprehensive reassessment.

National

Top ag scientist to advise PM

A highly experienced agricultural scientist with specialist knowledge of the dairy sector is the Prime Minister's new Chief Science Advisor.

Machinery & Products

Hose runner saves time and effort

Rakaia-based equipment manufacturer Pluck’s Engineering will soon start production of a new machine designed to simplify the deployment and retrieval…