Building brand community_pgp31335

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BUILDING BRAND COMMUNITIES

Transcript of Building brand community_pgp31335

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BUILDING BRAND COMMUNITIES

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Brand community is a specialized community of consumers and employees whose identification and activities focus around the brand

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1TO CREATE BRAND RESONANCE

Brand community lies in the top most

stage of “Brand Building”

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2TO CREATE VALUE AND BOND

FUNCTIONAL VALUE

ECONOMIC VALUE

EMOTIONAL VALUE

FINANCIAL BOND

SOCIAL BOND

STRUCTURAL BOND

Created by Brand communities

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3TO ADDRESS SOCIAL NEEDS

Brand communities

lead to fulfilment of

needs of ‘Love and

belongingness’

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4TO SEEK MULTIPLE OTHER BENEFITS

Customer insight

Increased product

knowledge

Customer satisfacti

onBrand loyalty

Customer engagem

ent

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KNOW THY CUSTOMER

CREATE A MESSAGE AND POSITIONING

USE POSITIVE EMOTIONS

CREATE UNIQUE CONTENT

EMPOWER COMMUNITY MEMBERS

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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”

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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..

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The perfect ‘Brand Extensions’, Merchandise and biking accessories are well appreciated by the Harley riders!

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Harley Davidson Museum…The unique customer engagement model!

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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

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THE VIBRANT APPLE COMMUNITY-another quintessential example of Brand Communities that exist!

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Facilitating discussions, query solving & announcements by company for its users..

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Find your user group and talk about how much you LOVEEEE APPLE- quite an idea!

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Seeking participation through social media and Google forums, after all..

BRAND COMMUNITY IS SOMETHING YOU PARTICIPATE IN!

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ELEMENTS OF A STRONG BRAND COMMUNITYStrong Brand

Story/Myth

Need for Collaboration Unique Culture

Identifiable Brand Elements

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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

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Funding and

resource allocatio

n

Negative associati

on

Challenges in brand

extension

Internal resistan

ceSynergies

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• 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

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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

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Prof. Sameer Mathur