Professional Documents
Culture Documents
Managing a brand has two aspects: The brand as it is intended to be brand identity The brand as it is actually perceived brand image
BRAND IDENTITY
Brand Identity A unique set of brand associations that the brand strategist aspires to create or maintain. These associations represent what the brand stands for and imply a promise to customers from the organization members. It is a strategic exercise to spell out a brands domain
Brand Identity defines what the brand is & what it intends to become, what is the brands essence, its core proposition, its uniqueness and its focus
Brand Identity Perspectives -- How a brand may create value for its customers:
1. 2. 3. 4. Brand as a product Brand as an organization Brand as a person Brand as a symbol
Brand as a Product
Focus what all product related associations would be created - Product attributes, quality, users, uses, etc. e.g., Visa & cards; Cherry Blossom & boot polish; Orient fans & PSPO Johnson&Johnson for babies Wills - lifestyle
Brand as an Organization
Focus company or organization that makes or markets it. Organizations achieve extraordinary excellence in aspects which customers value e.g., Hewlett Packard & 3M innovation; Motorola quality; British Airways People sensitive culture
Brand as a person
Focus conceived or perceived human like traits (both demographic & psychographic) in the brand. An appealing brand personality is created using human associations. Through images portrayed in communication, sponsorship, symbols, brand ambassadors, etc. Benefits a vehicle of self expression, relationship between customer & brand, communicate product attributes e.g., Omega, Mercedes, MRF
Brand as a Symbol
Anything which represents the brand could be a symbol Focus ability to gain recognition & recall 3 types: Visual image, metaphor, heritage of the brand e.g., golden arches of McDonald, LIC symbol
OUTER CORE
Design
Character
Product
INNER CORE
Slogan sss The spiritual centre/ brand essence/ brand soul Packaging
Logo/Symbol
Personality
Brand Name
Slogan : The great family nourisher Heritage : The company has been in business of providing nourishment for decades Personality : Protecting, caring, supportive, concerned Value Proposition : Helps you perform your role better in life. Good health and living.
4. Relationship ability of the brand to forge customer relationships; carries various hooks on which the bonds are created. e.g., Nike success, guts, individuality, initiative & spontaneous action 5. Reflection image of its buyers whom it seeks to address. e.g., Whirlpool upper middle class, young couple, well educated, well employed, urban 6. Self image how a customer sees himself/herself in relation to the brand. e.g., a person buying a CFCfree air-conditioner may feel he is expressing his concern for environment.
Reflection is target customers outward facade, while selfimage is internal reflection.
BRAND CHECK
Monitoring of brand image and environment on an on-going basis. Focuses on a brands constituent dimensions. Investigation into three aspects of a brand:
Brand Awareness Reflected in: a. Brand recognition ability to identify the brand elements b. Brand recall ability to retrieve the brand from memory - aided & unaided recall
Brand Image Involves the following checks: a. Brands primary associations - first word that comes to mind b. Brand associations uncovering whatever is associated with the brand name
i. ii. Simple association inventory listing whatever comes to mind when one thinks about the brand Relative brand image profile analysis converting the brand associations into a semantic differential scale
iii. Attitude to the brand analysis to uncover the relationship between attitude & behaviours; involves three steps: Uncovering the beliefs what all associations come to mind when the brand is thought of Belief strength how likely is it that the brand has an attribute Evaluation how good or bad is it for the brand to have that attribute
c. Brand personality represents the human dimension; asking respondents to visualize the brand as a person & describe his/her characteristics
Brand Positioning Identifying positioning errors a. Under positioning buyers lack of understanding about the brand b. Over positioning only narrow image of the brand c. Confused positioning brand trying to associate with many things, resulting in confusion d. Doubtful positioning consumers finding it hard to believe the claims made by the brand
Pricing Breadth - Provides greater pricing flexibility & opportunity to enjoy representation across a wider spectrum of customers. e.g., Platinum, Gold, Silver & Classic in the card line Capacity Utilization - Extension as a means of utilizing excess capacity Quick Gains - Generates more sales quickly & relatively inexpensively; new brand launches being costly with dismal success rate. Competitive Reasons More extensive product line helps to get access to more shelf space at the expense of competition. e.g., HLL products
Trade Demands - Trade partners exert pressures on to extend line to meet their unique marketing strategy needs arising out of channel or store specialization. e.g., premium stores, mass stores, speciality stores, frill-free stores, designer stores, etc. Counter Competition To counter or neutralize competition. e.g., Close-Up & Colgate Gel Image Benefits - An opportunity to build a positive image &renew it
BRAND EXTENSIONS
Involves using an existing brand name to launch a product in a different category use of a brand name established in one product class to enter another product class
Company expertise products emanating from a common expertise pool e.g., Honda cars, Honda gensets, Honda scooters & Honda lawnmowers Customer franchise to meet the diverse needs of a customer group e.g., Johnson & Johnson baby shampoo, J&J baby talc, J&J baby oil & J&J baby diapers Brand distinction to cash in on a brand distinction already achieved e.g., Parachute(coconut nourishment) Parachute hair oil, Parachute shampoo, Parachute cream
Brand image or prestige based on brands exclusive image or prestige value e.g., Cartier jewellery, Cartier watches, Cartier purses, Cartier pens Distinctive taste, ingredient or component brand equity based on a combination or any of taste, ingredient or component e.g., Nescafe coffee, Nescafe biscuits, Nescafe cold coffee, Nescafe milk supplement
GOOD, BAD & UGLY EXTENSIONS The Good Extensions parent brand contributing +vely to the extended product ;extended product succeeds, parent brand benefits e.g., Dettol soap, Nirma soap The Bad Extensions - when name does not help the extension; extension fails to lift off e.g., Ponds toothpaste, Nirma toothpaste, Pierre Cardin writing instruments The Ugly when the extension creates undesirable attribute associations, hurting quality perceptions; extension fails to lift off, damages the parent brand
BRAND EXTENDABILITY
Depends on brands character, whether the brand is a : Product brand little difference between product & brand e.g., Rose brand flour Formula brand a standard procedure has been used to make the product e.g., cooking oil, food & pickle categories Know-how brand expertise in a specialized area e.g., Honda(engines), Amul(milk processing) Interest brand defined by its centre of interest e.g., Gillette(mens grooming), Whirlpool(home)
Philosophy brand acquiring more intangible character & orientation e.g., Armani, Cartier Easier to extend Philosophical & symbolic brands Narrow zone of extension Product & Knowhow brands
Parent and the extension must have a good fit