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ELEMENTS TO BUILD
BRAND EQUITY
Building
Customer-Based Brand Equity
Brand knowledge structures depend on:
The initial choices for the brand elements
The supporting marketing program and
the manner by which the brand is
integrated into it
Other associations indirectly transferred
to the brand by linking it to some other
entities
4.2
Memorability
Meaningfulness
Likability
Transferability
Adaptability
Protectability
4.3
Memorability
Brand elements should inherently be
memorable and attention-getting,
and therefore facilitate recall or
recognition.
4.4
MEMORABLE
How easily is the
brand element
recalled and
recognized.
Short brand
names.
Meaningfulness
Brand elements may take on all kinds of
meaning, with either descriptive or
persuasive content.
Two particularly important criteria
General information about the nature of the
product category
Specific information about particular attributes
and benefits of the brand
MEANINGFUL
Is the brand
element
credible and
suggestive of
the
corresponding
category.
Inherent
meaning.
Likability
Do customers find the brand element
aesthetically appealing?
Descriptive and persuasive elements
reduce the burden on marketing
communications to build awareness.
4.8
LIKABLE
How aesthetically
appealing is the
brand element.
Concrete brand
names.
Transferability
How useful is the brand element for
line or category extensions?
To what extent does the brand
element add to brand equity across
geographic boundaries and market
segments?
Which Country
4.10
Adaptability
The more adaptable and flexible the
brand element, the easier it is to
update it to changes in consumer
values and opinions.
For example, logos and characters
can be given a new look or a new
design to make them appear more
modern and relevant.
4.12
Googles Up to
date
Adaptation
Protectability
Marketers should:
1. Choose brand elements that can be
legally protected internationally.
2. Formally
register
chosen
brand
elements with the appropriate legal
bodies.
3. Vigorously defend trademarks from
unauthorized
competitive
infringement.
4.14
Brand Names
Like any brand element, brand
names must
be chosen with the
six general criteria of memorability,
meaningfulness,
likability,
transferability,
adaptability,
and
protectability in mind.
4.17
4.18
and
Brand associations
The explicit and implicit meanings
consumers extract from it are important.
In particular, the brand name can
reinforce an important attribute or
benefit association that makes up its
product positioning.
Singapore Airlines
Overnite Express
Amul dairy whitener
Sugar free
Suggestive
Suggestive of a benefit
Head and Shoulders
Shampoo
Close-up toothpaste
Classical
Jatra
Balaji Telefilms
Arbitrary
(real
words without direct
connection)
Apple
Orange
Mango
Fanciful
Pepsi
Ariel
Define objectives
Generate names
Screen initial candidates
Study candidate names
Research the final candidates
Select the final name
4.23
Naming Procedures
1. Define the branding objectives in terms
of the six general criteria
URLs
URLs (uniform resource locators)
specify locations of pages on the web
and are also commonly referred to as
domain names.
A company can either sue the
current owner of the URL for
copyright infringement, buy the
name from the current owner, or
register all believable variations of its
brand as domain names ahead of
4.26
URLs
Characters
A special type of brand symbolone that
takes on human or real-life characteristics
Some are animated like Pillsburys Poppin
Fresh Doughboy, Peter Pan peanut butters
character, and numerous cereal characters
such as Tony the Tiger, Capn Crunch, and
Amul girl.
4.32
Slogans
Slogans
are
short
phrases
that
communicate descriptive or persuasive
information about the brand.
Slogans are powerful branding devices
because, like brand names, they are an
extremely efficient, shorthand means
to build brand equity
What the brand is?
What makes it special?
4.35
Slogans
Benefits
They help to build brand awareness
(e.g. Lux:Beauty bar of film stars)
Make strong links between the brand
and product category(Frooti :Fresh N
Juicy)
They can help to reinforce the brand
positioning and desired POD (Thanda
Matlab Coca Cola)
Packaging
Packaging involves the activities of
designing and producing containers
or wrappers for a product.
Objectives of packaging:
Identify the brand
Convey information
Facilitate product transportation and
protection
Assist at home storage
Aid product consumption
Packaging
Benefits:
Assist in product recognition
Packaging can create strong POD that
permits a higher margin (e.g.
perfume).
Tango
The packaging for soft drink Tango is
BLACK. Black is a colour thats
rejected for food since its associated
with rotting and disease.
The colour black gave the product
the required drama
It stood out in the shelves
Highlighted the fruit graphic
Aroused a strong reaction
4.43
4.44
Packaging
Can
Consumption
Influence
4.45
Jingles
Jingles are musical messages written
around
the brand. Typically
composed
by
professional
songwriters, they often have enough
catchy hooks and choruses to
become
almost
permanently
registered in the minds of listeners
sometimes whether they want them
to or not!
Jingles are perhaps most valuable in
enhancing brand awareness.
4.46