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Part II

Defining and evaluating Brand Equity / Brand Strength Defining Brand Identity Value Structure Map Brand experience

PSU - 2006 - Global Brand Management - Alain Hutinel

EVALUATING THE BRAND STRENGTH ON THE MARKET

From Motivationist Marketing Models to Brand Strength & Brand Equity


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Motivationist models inputs


Favorability of Attitudes with the brand name Familiarity with the brand name Image profile Perceptual maps Preference Behavorial models

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Favorability of Attitudes and Degree of Familiarity


++ + +
Brand C Brand D

Attitudes

--

Familiarity
Brand A

Brand B

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Is this ever possible ????!!

Image profile of the brand


Criteria 1 Criteria 2 Criteria 3 +++ A B C ---

Brand + Product

Criteria ... n
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Prestige cars among managers

Perceptual maps
A car prestigious to own
High * Jaguar * Alfa Toyota(Lexus) * * Audi *Saab Honda(legend)* Volvo

* Mercedes BMW *

A financially effective car


Low

High

Low
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Preference Models
100 % Knowers Preferers 70% Non Knowers 15% 0

Indifferents
25% 15% 0
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Rejectors

Behavorial models
Brand A Brand B

Repurchase Positive Triers Satisfied Total market

Aware

Which is strongest ???


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We are looking for Brand Strength &/or Equity = Brand Capacity to create Meanings and Added Value
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EVALUATING BRAND STRENGTH &/or EQUITY


1) What we must know 2) On what criteria is Brand strength measured ? 3) Where do we stand in the brand building continuum ?

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2 approaches : Keller & Aaker (+ Hutinel)

Customer approach : Keller General Market approach : Aaker +

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Customer Based Brand Equity

ACCORDING TO KELLER

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Rationale of Customer-Based Brand Equity Model


Basic premise: Power of a brand resides in the minds of customers Challenge is to ensure customers have the right types of experiences with products & services and their marketing programs to create the right brand knowledge structures:

Thoughts Feelings Images Perceptions Attitudes


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Building Customer-Based Brand Equity


Building a strong brand involves a series of steps as part of a branding ladder A strong brand is also characterized by a logically constructed set of brand building blocks. We need to :

Identifie areas of strength and weakness

Provide guidance to marketing activities

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CUSTOMER-BASED BRAND EQUITY PYRAMID

4. RELATIONSHIPS = RESONANCE What about you & me?

3. RESPONSE = JUDGMENTS FEELINGS

What about you?

2. MEANING = PERFORMANCE IMAGERY What are you?

SALIENCE
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1. IDENTITY =

Who are you?


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Salience Dimensions

Depth of brand awareness


Ease of recognition & recall Strength & clarity of category membership

Breadth of brand awareness


Purchase consideration Consumption consideration

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Performance Dimensions

Primary characteristics & supplementary features Product reliability, durability, and serviceability Service effectiveness, efficiency, and empathy

Style and design


Price
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Imagery Dimensions

User profiles
Demographic & psychographic characteristics Actual or aspirational Group perceptions -- popularity

Purchase & usage situations


Type of channel, specific stores, ease of purchase Time (day, week, month, year, etc.), location, and context of

usage

Personality & values


Sincerity, excitement, competence, sophistication, & ruggedness

History, heritage, & experiences


Nostalgia Memories
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Brand quality
Value Satisfaction

Judgment Dimensions

Brand credibility
Expertise

Trustworthiness
Likability

Brand consideration
Relevance

Brand superiority
Differentiation
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Feelings Dimensions
Warmth Fun Excitement Security Social approval Self-respect

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Resonance Dimensions

Behavioral loyalty
Frequency and amount of repeat purchases

Attitudinal attachment
Love brand (favorite possessions; a little pleasure) Proud of brand

Sense of community
Kinship Affiliation

Active engagement
Seek information Join club Visit web site, chat rooms
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Customer-Based Brand Equity Model

ConsumerBrand Resonance

INTENSE, ACTIVE LOYALTY

Consumer Judgments

Consumer Feelings

RATIONAL & EMOTIONAL REACTIONS

Brand Performance

Brand Imagery

POINTS-OFPARITY & POINTS-OFDIFFERENCE

Brand Salience

DEEP, BROAD BRAND AWARENESS

Sub-Dimensions of CBBE Pyramid


LOYALTY ATTACHMENT COMMUNITY ENGAGEMENT

QUALITY CREDIBILITY CONSIDERATION SUPERIORITY

WARMTH FUN EXCITEMENT SECURITY SOCIAL APPROVAL SELF-RESPECT

PRIMARY CHARACTERISTICS & SECONDARY FEATURES PRODUCT RELIABILITY, DURABILITY & SERVICEABILITY SERVICE EFFECTIVENESS, EFFICIENCY, & EMPATHY STYLE AND DESIGN PRICE

USER PROFILES PURCHASE & USAGE SITUATIONS PERSONALITY & VALUES HISTORY, HERITAGE, & EXPERIENCES

CATEGORY IDENTIFICATION NEEDS SATISFIED

We are looking for Brand Strength = Brand Capacity to create Meanings and Added Value
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General Market Approach

ACCORDING

TO AAKER & HUTINEL

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AWARENESS

QUALITY PREFERENCE IMAGE & ASS. PROPERTY

LOYALTY

BRAND STRENGTH
(EQUITY)

VALUE FOR THE CUSTOMER

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VALUE FOR THE FIRM

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Brand preference
If a customer / prospect is interested by the product price, or its caracteristics or usage etc... and is not convinced in the Brands advantage, then the Brand preference is weak and the Brand added value also weak. Intensity of Brand Preference Probably the best measurement of attitudinal strength towards the brand, of brand loyalty and of brand value to the individual costumer as well as to the firm.

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BRAND EQUITY & MARKETING ASSETS

RATE OF LOYALTY CAPACITY TO BUILD IT


LEVEL AND SCOPE OF AWARENESS

LEVEL & DISTINCTIVENESS OF PERCEIVED QUALITY


MEASURED STRENGTH OF IMAGE AND IDENTITY

UNIQUENESS OF PERCEIVED POSITIONNING


PREFERENCE POWER OF PERCEIVED BENEFITS
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McDo

5F ( 70 cents) - Hamburger at any time


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Awareness +
What is it ? - T.O.M - Spontaneous - Aided

+ ..... ?

+ Saliency - connotations - familiarity - perceived value - activeness - esteem - power - notoriousness/ - reputation
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The Image of the Brand Itself

Definition : All associations suggested by the Brand + respect trustworthiness innovativeness creativity

meanings ascribed, values attachment affective measures wantibility personality affectivity power ....
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Levels of brand Loyalty or Strength of Brand Link


Promotes the Brand Trustfull, likes the Brand Satisfied, but still could change

Conservative to the Brand, but not really satisfied


Indifference toBrand the brand PSU - 2006 - Global
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Brand Strength Building Continuum

Bond

Affinity

Advantage

Performance Relevance

Presence

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Brand Strength
Level & depth of loyalty (Intensity of) Preference Awareness + saliency Quality Image, positionning, associations selling value price premium potentiality how much bonding ?

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Towards Brand Identity

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The Brand Mental Map


Brand Y
Brand Z

Your Brand

fun

store
friendly
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flashlights

The Brand Chinese Picture

An Object An animal A celebrity A country A location An atmosphere A painting

Synonymous Brands Antonymous Brands

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Most typical Physical offer and salient aspects Of Brand

Most typical/salient aspects of Brand Persona Most typical/active apects of Brand Culture & Ligitimacy

Nature & activeness of Relation established by Brand

BRAND IDENTITY

Brand Non-Adepts Set of mind of Brand & of Brand Adepts

Brand Adepts set of mind of Brand & of PSU - 2006 - Global Brand 43 Management - Alain Hutinel themselves

Brand Personality Factors and facets

Sincerity : down-to-earth, Honest, Wholesome, Cheerful Excitement : Daring, Spirited, Imaginative, Upto-date Competence : Relaible, Intelligent, successful Sophisitication : upper-class, charming, brilliant Ruggedness : outdorsy, tough
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ATTRACTIVE
0,4 0,3 0,2

RELIABLE

0,1 0 -0,1 -0,2 -0,3 -0,4

CHARMING

ENTHUSIAST

CLASSIC

ELEGANT

CREATIVE

Nike

Adidas

Figure 1: Personality Profiles of the Sportswear Brands

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ATTRACTIVE
0,3 0,2

RELIABLE

0,1 0 -0,1 -0,2 -0,3

CHARMING

ENTHUSIAST

CLASSIC

ELEGANT

CREATIVE

Coca

Pepsi

Figure 2: Personality Profiles of the Cola Brands

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The model Behind the profile

Attitude towards the Brand Commitment Brand Personality Figure 3: Conceptual framework Involvement

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The Brand Value Structure Map

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Lifestyles are expressions of sub-cultures

Signs : icons, indexes & Symbols Heroes


Rituals

Expressions of Values cultures

BRAND ?

A value is a broad Tendency to prefer a certain state of affairs over others


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Brand experience

A brand is essentially a container for a costumers complete experience with the offer and the company. (Sergio Zyman)

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Total Brand Experience

Individual experience Shared experience Individual/shared experience Hybrid experience = more than one of the 5 basic experiential modules : Sense, Feel, Think, Relate & Act.
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The Experiential Grid


Experiential modules

Mkt Com

Identities

Products

Cobran- Environ Web ding ment

People

Sense Feel Think Relate Act


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16 types of Consumption emotions & experience


Anger
Frustrated, Angry, Irritated

Discontent
Unfulfilled, Discontented,

Worry
Nervous, worried, tense

Sadness
Depressed, sad, miserable

Fear
Scared, afraid, panicky

Shame
Embarrassed,ashamed,h umiliated

Envy
Envious, jealous

Loneliness
Lonely, homesick

Romantic
Sexy, romantic, passionate

Love
Loving, sentimenta, warmhearted

Peacefulness
Calm, peaceful

Contentment
Contented, fulfilled

Optimism
Optimistic, encouraged, hopeful

Joy
Happy, pleased, joyful

Excitement Other
Excited, Thrilled, Enthusiastic Guilty, Proud, eager . PSU - 2006 - Global Brand Management - Alain Hutinel 54

Related Experiences

Social Identities Social Categorization Social Influence Social roles Kin relations Cultural Values Group membership Brand communities
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Brand Equity Measurement


Basic brand audit surveys.

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Brand Tracking Studies


Structure 1. Brand Awareness and usage 2. Brand Judgments 3. Brand Performance 4. Brand Imagery 5. Brand Feelings 6. Brand Resonance 7. Preference 8. .
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Brand Awareness & Usage/Experience

Spontaneous, aided awareness Usage state Spontaneous Established trial associations Next purchase ? Competitive set (usage, Competition trial) awareness Level of familiarity
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Brand Judgments
Relative to Brand Relative to Brand Offer Business Entity Attitudes Innovative ? Satisfaction level, Knowledgeable ? compared Trustworthy ? Recommend to others ? Likable ? Value for money ? Concern about customers What is best sold by the ? brand ? Concerned about society ? What you like best ? Admirable ? What is different ? Quality of management ? Superior, most satisfying vs others ? . PSU - 2006 - Global Brand
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Brand Performance Convenience Efficiency Quality All aspects of brand offer specific features, benefits, promises, positionnings ..

Brand Imagery Admiration Respect Down-to-earth Daring Up-to-date Reliable Successful Upper class Charming Out-doorsy .
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Brand Feelings Warmth ? Fun ? Excitement ? Security ? Social Approval/enhancem ent ? Self-respect ? .

Brand Resonance

Do you consider yourself as loyal ? Occasionaly .. To would do anything to buy ? Love ? Identification with users ? Connected to the Brand ? Recommend the Brand ? Interest in Brand achievments ? Proudness of using ? Follow news ? Go to website ? Own Stock ?
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PSU - 2006 - Global Brand Management - Alain Hutinel

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