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Kia Motors Brand Audit Mackin Bannon, Liz Gibbons, Rachel Greenberg, Meredith Starrs, Michelle Werner

Kia Motors Brand Audit - dvqlxo2m2q99q.cloudfront.netdvqlxo2m2q99q.cloudfront.net/.../244313/file/kia-brand-audit.pdf · Kia Motors Brand Audit Mackin Bannon, Liz Gibbons, Rachel

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Page 1: Kia Motors Brand Audit - dvqlxo2m2q99q.cloudfront.netdvqlxo2m2q99q.cloudfront.net/.../244313/file/kia-brand-audit.pdf · Kia Motors Brand Audit Mackin Bannon, Liz Gibbons, Rachel

Kia Motors Brand Audit

Mackin Bannon, Liz Gibbons, Rachel Greenberg, Meredith Starrs, Michelle Werner

Page 2: Kia Motors Brand Audit - dvqlxo2m2q99q.cloudfront.netdvqlxo2m2q99q.cloudfront.net/.../244313/file/kia-brand-audit.pdf · Kia Motors Brand Audit Mackin Bannon, Liz Gibbons, Rachel

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Contents

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Industry and Brand Assessment

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Brief History of the Brand

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Market Share

18.9

18.6

14 8.1

7.3

33.1

Toyota Motor Corp.

General Motors Corp.

Ford Motor Co.

Hyundai-Kia Automotive Group

Honda Motor Co. Ltd.

Other

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Industry Size and Revenue

Industry

Kia

M/C

F

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Major Trends

Millennials entering the

workforce

Environmental concerns

Rises in loan duration

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Customer Wants and Needs

Higher MPG

Technology integration

Electric and hybrid cars

Safety

Luxury/style aspect

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Key Competitors

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Product Innovations

Safety

Technology

Environment

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Customer-Based Brand Equity Assessment

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Brand Awareness

16%

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Brand Awareness

16% 98%

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Brand Awareness

82% 13%

The Power to Surprise

16%

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Brand Awareness

Social Media

Traditional Media

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Brand Associations

Survey Results

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Brand Associations

Customer-Generated Online Reviews

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Brand Associations

The Problem

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Customer-Based Brand Equity

Brand Salience

Honda:

Toyota:

Ford:

Chevrolet:

Kia:

61%

60%

47%

26%

16%

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Customer-Based Brand Equity

Brand Performance

Kia doesn’t rank top 5: Kia does rank top 5:

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Customer-Based Brand Equity

Brand Imagery

Mean: 2.42/5.00

Mean: 2.76/5.00

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Customer-Based Brand Equity

Consumer Judgments

Mean: 2.78/5.00

Mean: 2.33/5.00

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Customer-Based Brand Equity

Consumer Feelings

Warmth:

Fun:

Excitement:

Security:

Social Approval:

Self-Respect:

2.29/5.00

2.80/5.00

2.58/5.00

2.62/5.00

2.36/5.00

2.36/5.00

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Customer-Based Brand Equity

Consumer-Brand Resonance

Mean: 4.11/5.00 (negatively correlated)

Mean: 1.80/5.00

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Customer-Based Brand Equity

Takeaways

Lack of significant

product issues

Improve warmth in

light of service

complaints

Brand equity is

struggling

Polarizing ads

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Brand Portfolio Analysis

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Brand Portfolio Structure

Hyundai

Kia

Luxury

K900

Cadenza

Sedan

Forte

Optima

Rio

Compact

Forte Koup

Forte5

Rio 5-door

SUV & Crossover

Sportage

Soul

Sorento

Minivan

Sedona

Hybrid

Optima Hybrid

Electric

Soul EV

Features

UVO

Warranty

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Subbrand Strategy

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Strategic Brands

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Strategic Brands

Optima

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Strategic Brands

Soul

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Strategic Brands

Sorento

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Future Power Brands

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Linchpin Brands

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Silver Bullet Brands

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Cash Cow Brands

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Visual Identity

Logo Design:

Color Schemes:

Font:

Brand Character:

Spokesperson:

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Verbal Identity

Slogan:

Name:

Tone of Voice in Ads:

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Strategic Recommendations

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New Logo

A New Look for a New Campaign

•Kia Motors

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Brand Characters

Dancing Hamsters on Social Media

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Celebrity Endorser

Anna Kendrick

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CEO Apology

“Bring us to your leader”

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Questions?