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    Brand and Branding

    Jean Noel Kapferer

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    Branding dilemma

    What is brand?

    Name,sign, symbol,intended to identify goods

    & services of one seller from another Branding is decommodification of product

    Brand identityPerspectives of

    Marketer

    Brand image

    Perspectives of

    Consumer

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    Brand name

    A rose by any other name would not smell as

    sweet

    Brand name provides an identity whichdifferentiates

    Key marketing concept of positioning, imagery

    are centered around brand name

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    Product logic(marketing mix) to

    brand logic (meaning and value)

    Product

    Brand

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    Brand identity prism

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    Brand Culture

    Shared,Stories,images &

    associations

    The Firm PopularCulture

    Influencers Customers

    Brand Stories

    Brand Stories

    BrandStories

    BrandStories

    Brand Culture - Authors

    DouglasB.Holt

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    Brand value

    Brand culture (accepted truth about product) cangreatly enhance brand value

    Difference between what a consumer will pay for

    branded product and a physically identical productwithout brand

    Reputational value perceived product quality

    Relationship value trusted as a long term partner

    Experiential value Shape experience of product

    Symbolic value which expresses values &identities

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    BRAND ARCHITECTURE

    Handling of a large product portfolio

    Brand-product relationship

    Six models in the brand-product relationship

    The product brand;

    The line brand;

    The range brand;

    The umbrella brand;

    The source brand and;

    The endorsing brand

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    The Product Brand Strategy

    It involves the assignment of a particularname to one, and only one, product as well asone exclusive positioning.

    The result of this strategy is that each newproduct receives its own brand name thatbelongs only to it

    For example, Procter & Gamble-detergentmarket by brands ariel, vizir,dash and soapmarket by camay ,zest etc.

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    The Line Brand Strategy

    This strategy involves the exploitation of

    successful concept by extending it but by stayingvery close to the product

    For example, LOreal hair line products

    The Range Brand Strategy

    It bestow a single brand name and promotethrough a single promise a range of products

    belonging to the same area of competence For example, in food sector it is heinz, green giant

    etc.

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    Umbrella Brand Strategy

    The same brand supports several products indifferent markets.

    Each of them has its own advertising tool and

    its own communications

    The main advantage of umbrella strategy is

    the capitalisation on one single name and

    economies of scale on an international level

    For example, TATA, Palmolive etc.

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    Source Brand Strategy

    This is identical to umbrella brand strategy except for

    the point that they are no longer called by one genericname

    Two tier brand structure

    Sub-branding

    For example, AMUL Masti Dahi

    Endorsing Brand Strategy

    It gives approval to a wide variety of products grouped

    under product brands, line brands or range brands The brand endorsement can be indicated in a graphic

    manner by placing the emblem or in a nominal way

    For example, Johnson products with duck

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    Brand Equity

    FinancialGoodwill, over a period of time

    What is to be measured

    Clear understanding of concept Consumer way of determining the brand

    What are the measures

    Critical, Continuous, Creative You can manage what is under your control

    How to measure

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    Brand Equity

    Brand doesnt exist in isolation it has to beunderstood in relation to category

    Differential account of brand reflecting in behavior

    The brand image consumer feels, thinks and

    experiences(the cognitive and affective mixes) Cognitive

    Affective

    Connative - Brand Loyalty

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    Brand Equity BRANDZ Model

    Bonding

    Advantage

    Performance

    ,

    Relevance

    Presence

    Nothing else beats it

    Does it offer somethingbetter than others

    Can it deliver?

    Does it offer

    me something

    Do I

    know

    about it

    Strong relationship/

    high share of

    category expenditure

    Weak relationship/Low shareof category expenditure

    / /

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    Brand Equity - Resonance Model

    4.Relationship=whatabout u and me?

    3.Response= whatabout you?

    2.Meaning= what

    are you?

    1.Identity = who areyou?

    Intense, activeloyalty

    Positive , accessiblereactions

    Points-of-parity &

    difference

    Deep, broad brandawareness

    Salience

    Perfor

    mance

    Imagery

    Res

    ona

    nce

    Judg

    men

    ts

    Feeli

    ngs

    BrandBrand

    building

    blocks

    Stages ofbrand

    developmentBranding objective at

    each stage

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    Adapting to Market

    Culture

    Personality

    Self projection

    Physique

    Reflection Relationship

    Brand style

    Brand Kernel

    Brandthemes

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    Meaning evolve over a period of time, It is

    relational, Categories also get redefined -

    Brand Management.

    Aligning of People, Structure, Processes.

    Engagement and Complexity should not

    disable our thinking/knowledge.

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    Thank You