Blue: the most common color in financial services. A look at fifty top financial services brands found almost half had blue logos and another seven had blue elements in their logos. We weren’t too surprised with this result: blue is actually a great color. As we examined in our last Color Series post, blue…
“We’re looking for a unique brand color for our company. We really want to stand out.”
“Well, red would really differentiate your company.”
“How about green? Green has very strong positive associations and….”
“Nope. We don’t want to look like we’re jumping on the ‘green’ bandwagon.”
“Purple is unique…”
“Are you kidding? You might as well suggest pink.”
“Well, pink WOULD stand out…”
“We all like blue. Let’s go with blue.”
There’s no denying the popularity of blue in corporate America. With its connotations of clear skies, clean water and the national flag (not to mention blue jeans, our national uniform), it’s a natural choice. And since 40% of people claim it as their favorite color, it’s unlikely to offend anyone.
But blue hasn’t always had the same connotations it has today. For example, in contemporary America, we associate blue with baby boys, but in the early 1900s, blue was considered a delicate and girlish color while pink was thought to be a stronger color more appropriate for boys. (In Belgium, this is still the case.)
For centuries, blue was a rare color. Before industrialization led to the chemical mass production of dyes and pigments, it was made from hard-to-find minerals and elements (such as cobalt, which can be toxic), and was an expensive luxury. So blue was associated with royalty, authority and power.
Culturally, blue can have different meanings in different parts of the world. In American politics it connotes left-leaning, but in the United Kingdom, blue is the official color of the conservative party. In Germany, “being blue” (“blau sein”) means being drunk.
In truth, blue has so many meanings and references it’s nearly innocuous. Feeling blue, once in a blue moon, blue-ribbon quality — for every negative connotation there are two or more positive ones. No wonder it remains the top choice for corporate brands.
Of course, one pitfall of popularity is ubiquity. Blue may still connote power and authority, but it’s no longer rare, particularly in financial services brands.
As strategists and designers, we are always curious about the use of color in culture and business. Recently, we took a look at brand colors in the top 100 technology firms. While the range of colors and combinations is varied, we noted a few intriguing themes.
For tech company colors, blue is always true
Today, in the United States, red can represent anything from stop signs, fire trucks, blood, passion, danger and even Coca-Cola and Netflix. Color is deep-rooted in society, and meanings change over time, depending greatly on culture.
Consider the fact, for example, that in the European Union, Australia, New Zealand, South Korea and China…