Building brand community_pgp31335
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Transcript of Building brand community_pgp31335
BUILDING BRAND COMMUNITIES
Brand community is a specialized community of consumers and employees whose identification and activities focus around the brand
1TO CREATE BRAND RESONANCE
Brand community lies in the top most
stage of “Brand Building”
2TO CREATE VALUE AND BOND
FUNCTIONAL VALUE
ECONOMIC VALUE
EMOTIONAL VALUE
FINANCIAL BOND
SOCIAL BOND
STRUCTURAL BOND
Created by Brand communities
3TO ADDRESS SOCIAL NEEDS
Brand communities
lead to fulfilment of
needs of ‘Love and
belongingness’
4TO SEEK MULTIPLE OTHER BENEFITS
Customer insight
Increased product
knowledge
Customer satisfacti
onBrand loyalty
Customer engagem
ent
KNOW THY CUSTOMER
CREATE A MESSAGE AND POSITIONING
USE POSITIVE EMOTIONS
CREATE UNIQUE CONTENT
EMPOWER COMMUNITY MEMBERS
The world-famous motorcycle co. sponsors the HOG which by 2011 had 12mn members world-wide sharing a simple mission,
“To Ride and Have Fun”
The company invests in yearly rallies for the HOG members, who enthusiastically participate in large numbers..
“It’s a matter of pride” is what they say..
The perfect ‘Brand Extensions’, Merchandise and biking accessories are well appreciated by the Harley riders!
Harley Davidson Museum…The unique customer engagement model!
The company actively manages the Harley community by leveraging social media through high end videos, user contests, rally announcements, etc.
It also provides a larger platform for customer interaction
THE VIBRANT APPLE COMMUNITY-another quintessential example of Brand Communities that exist!
Facilitating discussions, query solving & announcements by company for its users..
Find your user group and talk about how much you LOVEEEE APPLE- quite an idea!
Seeking participation through social media and Google forums, after all..
BRAND COMMUNITY IS SOMETHING YOU PARTICIPATE IN!
ELEMENTS OF A STRONG BRAND COMMUNITYStrong Brand
Story/Myth
Need for Collaboration Unique Culture
Identifiable Brand Elements
DISTINGUISH BETWEEN MYTHS AND REALITY
BUSINESS STRATEGY MARKETING STRATEGY
BRAND COMMUNITY
BRAND COMMUNITY: Exists to serve the people, not the business
Brand communities are not love-fests for faithful brand advocatesSmart companies embrace the conflicts that make
communities thrive
Opinion leaders build strong communityCommunities are strongest when everyone plays a role
Online networks are just one tool, not a communication strategy
Successful brand communities are tightly managed and controlledOf and by the people, communities defy managerial control
Funding and
resource allocatio
n
Negative associati
on
Challenges in brand
extension
Internal resistan
ceSynergies
• Brand communities are specialised communities of custumers
• They are established to create brand resonance, value and bond as well as address the social needs of consumers and create customer engagement
• Harley Davidson and Apple are the look up to examples of Brand Communities
• Developing pioneering Brand communities require clarity of difference between reality and myth as well as the capability to overcome challenges involved
This deck has been prepared by Nirali Raichura as a part of the PGP course- Brand Management taught by Prof. Sameer Mathur, IIM Lucknow
DISCLAIMER
Marketing Professor 2009 – 2013
Ph.D. and M.S. (Marketing) 2003 – 2009
Marketing Professor 2013 –
Indian Institute of Management, Lucknow
21
Prof. Sameer Mathur