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Color Matters


Spectrum from Plastics Color Corporation

Why Color Matters
 

>> Color presents an image of impressive quality.
>> Color can assist in attracting new customers.
>> Color makes a company appear more successful.
>> Color makes a business appear larger to clients.

Source: Xerox Corporation and International Communications Research study
 


Color Matters

Is being blue worth $80 million? It is if you're in the search engine business… and you're the right shade of blue. Microsoft learned this valuable color lesson while designing their new Bing search engine. Testing of multiple shades of blue revealed that a favored soft shade "lacked a bit of confidence," said Bing User Experience Manager Paul Ray in a presentation at the Mix10 conference in Las Vegas. By switching to a bolder shade—something very similar to the blue used by industry leader Google—Bing may have struck gold. "That blue, based on the user engagement it would bring… would make $80 to $100 million," noted Ray.

The link between color and profitability isn't just limited to the electronic world. Consider what the Heinz corporation did to sell 10 million bottles of ketchup in seven months. They took a staple product long associated with the color red—and made it green. The result, says color psychologist and branding expert Jill Morton, was $23 million in sales and the highest sales increase in the brand's history. "All because of a simple color change," notes Morton.

If choosing the right color can have such a dramatic impact on branding and product sales, what happens when you choose the wrong color? In the case of Crystal Pepsi, the switch from a well-established colored soft drink to something that was clear just didn't resonate with consumers, even though the taste hadn't changed. "After lackluster sales, the product was discontinued after only a year," explains Eric Markowitz in this 2010 Inc.com article.

Markowitz said case studies "have shown that 60-80 percent of purchase decisions are based on color." Packaging color can be equally important. While a picture on a package may or may not be worth a thousand words, a thousand words will never equal one well-chosen color. According to Branding Strategy Insider, the words on a package "are actually the least important component of the packaging mix. In fact, the operative communications hierarchy puts color atop the list, with shapes, symbols and words following in that sequence. When approaching a package redesign it is this hierarchy of semiotics that ultimately drives sales in the store aisles."

Clearly, color matters. And it doesn't take a multi-million dollar research and test marketing effort to find your perfect shade. Morton says a focus on three primary factors can help start anybody down the road to color success:

  1. Analyze the timeless psychological effects of a color. Start by thinking about the evolutionary roots of a color—the context of a color before civilization introduced contemporary meanings.
  2. Evaluate the traditional colors used in your business sector. The best way to do this is to make a list of well-known businesses or products in your area and review their color choices in logos and marketing pieces.
  3. Consider an acceptable color alternative or a shift away from traditional colors. Some of the largest brands have made bold color choices. For example, look at H&R Block. It's worth noting that H&R Block's green broke the blue tradition for financial institutions and signaled a forward-thinking brand and fresh approach to their market.

No matter how you arrive at your color choices, you'll want to make sure your colors hold true through production. For products constructed from plastics, the production process will influence the type of colorants used and the form they take. For example, dry color blends are a cost effective process for rotational molded products. In other plastic production systems liquid colors can provide substantial cost savings. Your resin and colorant supplier can be of great help in selecting the combination that results in the optimum cost structure for the finished product.
 

For more information, please visit www.plasticscolor.com or call 800-922-9936.

The Art & Science of Color PLASTICS COLOR CORPORATION
14201 Paxton Avenue
Calumet City, IL 60409
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