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Todays Agenda
Its all about clarifying our passion:
Assignment # 1
The importance of Why?
Brand vision as a strategic platform
Brand identity as a strategic platform
A brand identity exercise
Project teams
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http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html
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Emirates exists to connect people with the world through a new lens of perception
Discovery communications exists to satisfy peoples curiosity about the world and the universe
Google exists to immediately satisfy every curiosity
Coca-Cola exists to inspire moments of happiness
Apple exists to empower creative exploration and self-expression
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ELICITING
JOY
Activating
experiences of
happiness,
wonder and
limitless
possibility
EVOKING
PRIDE
Giving people
increased
confidence,
strength,
security and
vitality
Enhancing the
ability of people
to connect with
one another
and the world in
meaningful
ways
INSPIRING
EXPLORATI
ON
IMPACTING
SOCIETY
Helping people
explore new
horizons and
new
experiences
Affecting
society broadly,
including by
challenging the
status quo and
redefining
categories
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Values, mission
Personality
Benefits
Attributes
Ingredients
moisturizing cream
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Global
Brand Leaders
A
which businesses thrive
when making
the world
a future
better in
place
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BRAND
Iconclasm
ESSENCE:
Service quality - consistent, best-of-category quality delivered with
CORE
humour and flair
IDENTITY:
Innovation - first with truly innovative, value-added features and
services
Fun and entertainment - a fun and entertaining company
Value for money - provide value in all of its offerings, never just the highpriced
option
EXTENDED
Underdog
- fighting established bureaucratic firms with a new creative
offering
IDENTITY:
Personality - flaunts rules, sense of humour, even outrageous, underdog,
willing to attack establishment, competent, always does a good job, high
standards
Virgin symbols
VALUE benefits - a value offering, with quality, plus innovative
Functional
features
delivered with flair and humour
PROPOSITION:
Emotional benefits - pride in linking to the underdog with an attitude, fun,
good times
Self-expressive benefits - willingness to go against the establishment, to
be a bit outrageous
BRAND RELATIONSHIP:
Brand Essence
(1-3 words)
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Extended Identity
Other important elements, organized into meaningful
groupings
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Emotional benefits
Occurs when purchase/use gives customer positive
feeling
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Relationship?
Normally based on value proposition
May emanate from identity in certain circumstances
Credibility [We will discuss the element in a subsequent lecture]
Brand may not always drive purchase decision
directly
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Points to Remember
Worth considering:
o Does it capture an element important to the brand and its
ability to provide customer value or support customer
relationships
o
o
o
o
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Working with your project team craft a Brand Identity Statement for
Tiffany & Co. using Aakers framework.
Brand Strategists are often expected to infer a brands platform by
conducting a rigorous analysis of the brands business strategy and
actions in the marketplace.
So start by briefly thinking through what you know about each brands
business strategy. What is their market? How do they compete: Their
Purpose, Mission, Values, Value Proposition, assets and competencies
and their functional area strategies and programs? (Pay specific
attention to the 5Ps) Then focus your discussion on the various
leverage points in the Brand Identity System part of Aakers model to
determine the core identity, extended identity, value propositions and
essence of the brand. Then draft the Identity Statement.
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The 5Ps
Product
Place
Price
People
Promotion
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EXTENDED
IDENTITY:
VALUE
PROPOSITION:
BRAND RELATIONSHIP:
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Next Week
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