Brand Strategy and Implementation

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BRAND STRATEGY AND IMPLEMENTATION Michael Lang
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Transcript of Brand Strategy and Implementation

BRAND STRATEGY

AND IMPLEMENTATION

Michael Lang

© ML4Marketing, 2012. All rights reserved.

The Marketing Mindset 2

© ML4Marketing, 2012. All rights reserved.

The Customer: Your King And Your Queen 3

© ML4Marketing, 2012. All rights reserved.

The Royal Formula 5

© ML4Marketing, 2012. All rights reserved.

The Villain 6

© ML4Marketing, 2012. All rights reserved.

Why Care About Brands Consumer Point Of View

Orientation and information

The brand functions as an information and orientation

guide. Increases market transparency.

Trust building

The brand acts as a signal for quality of performance.

Reduces the perceived risk by communicating security in

acquisition, use and disposal.

Symbol

The symbolic benefit of a brand can, for example, be an

increase in prestige in the social or occupational

environment.

7

© ML4Marketing, 2012. All rights reserved.

Why Care About Brands Manufacturer Point Of View

Effective brand strategies enable sustainable profit

and growth

Price premium

Customer loyalty

Cross selling

Recommendation

Employee satisfaction & pride

8

© ML4Marketing, 2012. All rights reserved.

How To Think About Brands At The Intersection Of Projection And Perception

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Content

Design

Actions

Process

Value

Prop

Brand Image

Perception Projection

© ML4Marketing, 2012. All rights reserved.

How To Think About Brands The Goodwill Factor

10

Product Benefit Consumer Goodwill +

Brand Value

© ML4Marketing, 2012. All rights reserved.

Corporate Brand Management A Process Perspective

11

Brand Strategy

Definition Develop Brand Strategy based

on corporate strategy across all

businesses

Brand Monitoring Continuously monitor brand

performance and identify areas

of improvement

Brand Strategy

Implementation Create and implement programs

to support brand strategy

© ML4Marketing, 2012. All rights reserved.

Do People Know Your Brand? 12

I’ve heard

about that

brand before.

I think about

this brand

among others.

This brand

comes to mind

first.

© ML4Marketing, 2012. All rights reserved.

What Are People Talking About? 13

?

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Raise Awareness,

Sharpen Profile, Increase Consistency 14

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The Definition Of A Brand 15

A brand is the condensed

expression of a credible peak

performance to ensure

orientation and trust.

1. Know your peak performance

2. Condense them

3. Express and deliver them

© ML4Marketing, 2012. All rights reserved.

From Brand Promise To Communication 16

Brand

Promise

Value Proposition Brand Communication

• Message

• Story

• Target Audience

• Media Channels

• Social

• Relationship

• Activation

• Engagement

• Experience

© ML4Marketing, 2012. All rights reserved.

Brand Strategy The Fundamentals Below The Surface

17

Logo

Brand Name

Brand Style

Brand Design

Communications

Marketing

Brand Touch Points

Brand Programs

Brand Rules

Brand Portfolio

Brand Positioning

Fans

Breeding Grounds

Brand Cores

Peak Performance

Brand

Strategy

Brand

Image

Cause

E

ffect

© ML4Marketing, 2012. All rights reserved.

Brand Architecture

A brand architecture manages the relationships within complex brand systems.

Well set-up brand architectures avoid that brands within one system disturb each

other. They allow for a clear separation or a clear relationship in between

individual brands.

Strategically built brand architectures can make competitive attacks more difficult,

raise market entry barriers and speed up market entries

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Strong brands have a strategically sound and smart brand architecture, which gives

orientation to all stakeholders and reflects well the image of the brand(s)

© ML4Marketing, 2012. All rights reserved.

Development Of A Brand Architecture From Corporate Strategy To Brand Strategy

19

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Executing A Brand Architecture Holistic Approach According To Kotler

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• Investors

• Customers

• Authorities

• Vendors/Partner

• Ethics

• Environment

• Legal

• Community

• Product/Service

• Communications

• Media/PR

• Trade

• Board

• Executive Team

• All Departments

• All Hierarchies

Internal Marketing

External Marketing

Relationship Marketing

Socially Responsible Marketing

HOLISTIC

APPROACH

© ML4Marketing, 2012. All rights reserved.

Create A Champion Brand: 4A’s

1. Alignment

Match expectations

2. Attachment

Evoke emotions

3. Authenticity

Be true and transparent

4. Advocacy

Be an advocate for your consumer, the society and the

environment

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© ML4Marketing, 2012. All rights reserved.

Living The Brand Walking The Talk

22

© ML4Marketing, 2012. All rights reserved.

The Highest Honor Years To Earn, Seconds To Break

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© ML4Marketing, 2012. All rights reserved.

Thank You! 24

A brand for a company is like a

reputation for a person. You earn

reputation by trying to do hard things

well.

- Jeff Bezos