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    STRATEGICBRANDMANAGEMENTBUILDING, MEASURING, ANDMANAGINGBRANDEQUITY

    Book by: Kevin Lane Keller

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    STRATEGICBRANDMANAGEMENT

    Part I: Opening Perspectives

    Part II: Identifying and Establishing BrandPositioning and Values

    Part III: Planning and Implementing BrandMarketing Programs

    Part IV: Measuring and InterpretingPerformance

    Part V: Growing and Sustaining Brand Equity Part VI: Closing Perspectives

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    PARTIII: PLANNINGANDIMPLEMENTINGBRAND

    MARKETINGPROGRAMS

    Chapter 4: Choosing Brand Elements to BuildBrand Equity

    Chapter 5: Designing Marketing Programs to BuildBrand Equity

    Chapter 6: Integrating Marketing Communicationsto Build Brand Equity

    Chapter 7: Leveraging Secondary BrandKnowledge to Build Brand Equity

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    CHAPTER4: CHOOSINGBRAND

    ELEMENTSTOBUILDBRANDEQUITYBook by: Kevin Lane Keller

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    Brand Elementsare sometimes called as

    Brand Identities Names

    URLs

    Logos

    Symbols

    Characters

    Spokespeople

    Slogans Jingles

    Packages

    Signage

    What is brand elements?

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    Marketers should use brand elements to

    Enhance Brand awareness Facilitate formation of strong, favorable, and unique

    brand association

    Elicit strong judgments and feelings

    The test of brand-building ability of the brandelement is

    What consumer would think or feel

    about the product if they knew only itsbrand element

    What is brand elements?

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    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

    1.Memorability

    2.Meaningfulness

    3.Likability

    4.Transferability

    5.Adaptability6.Protectability

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    Offensive strategies

    Defensive strategies

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    Isko laga dala, to life jing-a la la

    1.Memorability

    It should facilitate recallor recognition

    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

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    PepsiNothing official about it American ExpressDont leave home without it IBM thinkpadI th ink, therefore PolaroidWe dont have negatives

    Brand awareness& Salience

    AdidasForever sports Wills Navy cutMade for each other CrestLook Ma No cavities Birla mutual fundThe name inspires Trust

    2.Meaningfulness

    How well the brandconveys

    General information aboutthe nature of the productcategory

    Specific information about

    particular attributes andbenefits of the brand

    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

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    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

    3.Likability

    Aesthetically appealing

    Visually, verbally otherway likable

    Rich in imagery

    Inherently fun &

    interesting

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    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

    4.Transferability

    Extent to which brandelement adds to the

    brand equity of NEWPRODUCT

    How useful is the brand

    for line or categoryextension

    Less specific is the name

    more easily it can be

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    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

    5.Adaptability

    Adaptability over time

    More adoptable andflexible the brand elementis the easier it is toupdate it

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    SIX CRITERIA FOR CHOOSING BRANDELEMENTS

    6.Protectability

    Protectable legally and ina competitive sense

    Marketer should Choose brand element that can

    be legally protectedinternationally

    Formally register them with theappropriate legal bodies

    Vigorously defend trademarksfrom unauthorized competitiveinfringement

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    Philco, the Philadelphia

    Storage Battery

    Company prevented

    Philips from using Philips

    brand name in US.Hence Philips sold there

    products under brand

    name Norelco in US.

    Later they purchased

    Philco, and now can usePhilips name. But they

    still retained Norelco

    brand name for US

    products

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Apple logo

    Simple but well-known word

    Distinctive in the product category

    Meaning gave friendly shine

    Warm brand personality

    Easily transferable geographically andculturally

    Provides platform for sub-branding like

    Macintosh

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    Unfortunately it is difficult to get a perfect brand name

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Brand Names

    Brands names can be an extremelyeffective shorthand means ofcommunications

    Naming guidelines: Descriptive:describes function literally: Air

    India

    Suggestive:Suggestive of a benefit:Feviquick, Medimix, m-seal, Dr Fixit

    Compounds:Combination of two or moreunexpected words: PRAJ

    Classical:Real words with no obvious tie-in to company: Tortoise

    Fanciful:Coined words with no obvious

    meaning: SX4

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Brand Names Brand names that are simple and easy to

    pronounce or spell, familiar andmeaningful, and different, distinctive andunusual can obviously improve brandawareness

    Brand name can reinforce an importantattribute or benefit association that makesup its product positioning

    Naming procedures

    1. Define objectives

    2. Generate names

    3. Screen initial candidates

    4. Study candidate names

    5. Research the final candidate6. Select the final name

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    http://www.globus.in/
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    OPTIONSANDTACTICSFORBRANDELEMENTS

    URLs (Universal Resource Locator) Domain

    names

    Every three letter combination and virtually allwords in a English dictionary have beenregistered

    Protecting brand names from unauthorizeduser is a issue threatening brands

    At the peak of the internet boom, investorspaid $7.5 millions for business.com, $2.2million for autos.com and $1.1 millions forbingo.com. Many of these common noun

    sites failed

    Many firms adopted i or e in the beginning.

    These names also failed over the period of

    time

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Logos and symbols

    Logos play critical role in building brandequity and essentially brand awareness.

    Logos range from corporate names or

    trademarks written in distinctive form toentirely abstract designs that may becompletely unrelated to the word mark,corporate name or corporate activity

    Strong word mark and no logo: Coco-

    cola, Kit-kat

    Abstract logo: Mercedes star, Rolexcrown, Nike swoosh, Olympic rings

    Many logos fall in between

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Logos and symbols

    Many logos fall in between these twoextreme

    Some are literal representation of the

    brand name: Apple logo, Red cross Some can be pictorial: American

    Express, Nirma

    Some logos may show certain physicalelement, McDonalds arches

    Consumer survey shows use of surveyenhances consumer impression ofcompanies

    Abstract logos may be distinctive and

    recognizable BUT they may lackinherent meanin .

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Characters

    Character represents a special type ofbrand symbol- one that takes on humanor real-life characteristics

    Some are animated like Pillsburyspoppin

    Some are like Ronald

    Because they are colourful and rich inimagery, brand characters tend to beattention getting and quite useful forcreating brand awareness

    It can help brand break through clutter

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Slogans

    Slogans are short phrases that communicatedescriptive or persuasive information about thebrand. They often appear in advertising but can

    play an important role on packaging and inother aspects of the marketing program. Likebrand name they are shorthand devices to buildbrand equity.

    Dominos: Hungry Kya

    Citi: Citi never sleeps

    American Express: never go out without it

    Maser card: For everything else, there is

    Master card

    LIC

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Jingles

    Jingles are musical messages written around the brand.Typically composed by professional songwriters, they oftenhave enough catchy hooks and choruses to become almost

    permanently registered in the minds of listeners. In radiodays jingles were very important.

    Because of musical nature jingles are not as transferableas other brand elements. They can communicate brandbenefits, but they often convey product meaning in a

    nondirect and fairly abstract fashion They are most valuable in enhancing brand awareness.

    Because of repetition of brand name it allows consumersmultiple encoding opportunities

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    OPTIONSANDTACTICSFORBRANDELEMENTS

    Packaging

    Packages have long history from leaves and animal skin

    It works the best at the moment of truth

    Strongest association of packaging is look of the

    packaging

    What comes to your mind when you remember Coke: abottle

    Innovation in packaging may increase sale of the product

    substantially Different sizes of packs can further increase sales

    It is also called as last five seconds of marketing,

    permanent media the last salesman

    Consumers have a color vocabulary. Some brands have

    color ownership. Red: Coke, Colgate

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    PUTTINGITALLTOGETHER

    Consistency of brand elements. Thecohesiveness of the brand identitydepends upon consistency of brandelements

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