Professional Documents
Culture Documents
Chapter 3
Chapter 3
3.1
Building a Strong Brand: The Four Steps of Brand
Building
2.2
Four Questions Customers ask of Brands
2.3
Brand Building Blocks
Notice the ordering of the steps in this branding ladder
Six brand building blocks with customers that we can assemble in a
pyramid, with significant brand equity only resulting if brands reach the
top of the pyramid.
The left side of the pyramid represents a more rational route and the
right side of the route represents a more emotional route.
2.4
Customer-Based Brand Equity Pyramid
4. RELATIONSHIPS =
Intense active loyalty What about you and me?
RESONANCE
Positive, accessible
reaction 3. RESPONSE =
JUDGMENTS FEELINGS What about you?
2.5
Sub-Dimensions of CBBE Pyramid
LOYALTY
ATTACHMENT
COMMUNITY
ENGAGEMENT
WARMTH
QUALITY FUN
CREDIBILITY EXCITEMENT
CONSIDERATION SECURITY
SUPERIORITY SOCIAL APPROVAL
SELF-RESPECT
CATEGORY IDENTIFICATION
NEEDS SATISFIED
Salience Dimensions
Brand salience measures various aspects of the awareness of the brand and
how easily and often the brand is evoked under various situation and
circumstances.
Breadth and Depth of Awareness
Depth of brand awareness- The depth of brand awareness measures how
likely it is for a brand element to come to mind, and the ease with which
it does so
Ease of recognition and recall
Consumption consideration
2.7
প্রথভত আমভ ততোভোকে চোই এে েো চোকষ আমভ ততোভোকে চোই
মিতীষত আমভ ততোভোকে চোই ডোইকন ও ফোোঁকষ আমভ ততোভোকে চোই
তৃতীষত আমভ ততোভোকে চোই তদখো নো তদখোষ আমভ ততোভোকে চোই
তল মন্ত য ততোভোকে চোই নো-ফরো েথোষ আমভ ততোভোকে চোই
মনঝু ভ অন্ধেোকয ততোভোকে চোই ীকলন্দু
য য তেোন নতু ন novel-এ
যোতকবোয কর আমভ ততোভোকে চোই ঠোত্ কত ফো আকফোরতোকফোকর
েোকরয কেকোকয ততোভোকে চোই অকফোধে েমফতোষ ঠুুংময তখষোকর
কন্ধেয অফেোক ততোভোকে চোই Slogan-এ Slogan-এ ঢোেো তদষোকর
কফোখী ঝক আমভ ততোভোকে চোই তদষোকর
আলোকশয তভকঘ আমভ ততোভোকে চোই মরর তচৌধুযীয তপকর আো গোকন
শ্রোফকণ শ্রোফকণ আমভ ততোভোকে চোই তচৌযোমষোয ফোোঁম ভুখমযত প্রোকণ
অেোরকফোধকন আমভ ততোভোকে চোই বুকর মোওষো মভোুংশু দত্ত'য ুকয
তই েকফেোয অনুকযোকধয আকয
েকফেোয েরেোতো কযয কথ ততোভোকে চোই, ততোভোকে চোই
ুকযোকনো নতু ন ভুখ ঘকয ইভোযকত ততোভোকে চোই, ততোভোকে চোই
অগুমন্ত ভোনুকলয ক্লোন্ত মভমিকর অনুকযোকধ-মভনমতকত ততোভোকে চোই
অকচনো িুটিয তিোোঁষো তু মভ একন মদকর তফদনোয আমতযকত ততোভোকে চোই
নোগমযে ক্লোমন্তকত ততোভোকে চোই দোফীদোওষো-চোমদোষ ততোভোকে চোই
এে তপোোঁিো োমন্তকত ততোভোকে চোই রজ্জো-মিধোষ আমভ ততোভোকে চোই
ফহুদূয তোঁ কি এক ততোভোকে চোই অমধেোয ফুকঝ তনষো প্রখয দোফীকত
এ জীফন বোকরোকফক ততোভোকে চোই োযোযোত তজকগ আোঁেো রোেু িমফকত
তচৌযোস্তোয তভোক, এ, তদোেোকন মিমিক েমফতোয িকন্দ বোলোষ
কয, গকে-গ্রোকভ, এখোকন-ওখোকন গকদেয মুক্তিকত ফোোঁচোয আোষ
ঘোকি-ফন্দকযঅকচনো এ, তচনো অন্দকয তশ্রণীীন ভোকজয মচয ফোনোষ
ফোমর, ততোে, েোোঁথো, ুকযোকনো চোদকয ঠোণ্ডো মদনফদকরয মখকদ বযো তচতনোষ
ীকতয যোকত তরকয আদকয মিধোিকন্দয মদন তঘোচোয স্বকে
েমেোকঠ, তচৌেোকঠ, ভোদুকয, োকোক োভেফোকদয গোন ঘুকভ জোগযকণ
োম, যোগ-অমবভোকন, ঝগো আকোক মফকষোকব-মফপ্লকফ ততোভোকে চোই
ততোভোকে চোই, ততোভোকে চোই বীলণ অম্ভকফ ততোভোকে চোই
ততোভোকে চোই, ততোভোকে চোই োমন্ত-অোমন্তকত ততোভোকে চোই
এই মফভ্রোমন্তকত ততোভোকে চোই 2.8
প্রথভত আমভ ততোভোকে চোই
Salience Dimensions
Product Category Structure
To fully understand brand recall, we need to appreciate product category
structure, or how product categories are organized in memory.
Marketers assume that products are grouped at varying levels of
specificity and can be organized in a hierarchical fashion.
Thus, in consumers’ minds, a product hierarchy often exists with
Product class information at the highest level (flavored and Non-
flavored)
Product category information at the second-highest level (Alcoholic
and Nonalcoholic)
Product type information at the next level (wine, beer or spirits)
2.10
Salience Dimensions
Strategic Implications
The product category hierarchy shows us not
only the depth of awareness matters but also the
breadth.
The brand must not only be top-of-mind and have
sufficient “mind share,” but it must also do so at
the right times and places.
2.11
Brand Performance Dimensions
Brand performance: describe how well the product or service meets
customers more functional needs. It is intrinsic properties of the brand,
inherent product and service characteristics.
Objective assessment of quality and
What extent brand satisfy utilitarian, aesthetic and economic
customer needs and want of the product and service category
Five important types of attributes and benefits often underline brand
performance:
Primary characteristics and supplementary features
Product reliability, durability, and serviceability
Service effectiveness, efficiency, and empathy
Style and design
Price 2.12
Imagery Dimensions
Brand Imagery depends on the extrinsic properties of the product and
services, including the ways in which the brand attempts to meet customer
psychological and social needs. It is the way people think about a brand
abstractly rather than what they think the brand actually does. Four
main types of intangible can be linked to a brand:
User profiles
Demographic and psychographic characteristics
Actual or inspirational
Group perceptions—popularity
Brand quality: Brand attitudes are consumers’ overall evaluation of a brand and often
form the basis for brand choice. Attitudes generally depends on specific attributes and
benefit of the brand.
Value
Satisfaction
Brand credibility: the extent to which consumers see brand as credible in terms of three
dimensions:
Expertise: competent, innovative and market leader
Brand consideration: depends in the part on how personally relevant customer find
the brand.
Relevance
Brand superiority
Differentiation 2.14
Feelings Dimensions
Warmth
Fun
Excitement
Security
Social Approval
Self-respect
2.15
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 website, chat rooms
2.16
Customer-Based Brand Equity Model
RATIONAL &
Consumer Consumer EMOTIONAL
Judgments Feelings REACTIONS
POINTS-OF-
PARITY &
Brand Brand POINTS-OF-
Performance Imagery DIFFERENCE
DEEP, BROAD
Brand Salience BRAND
AWARENESS
Application:
Identify the Key Drivers of Brand Equity
Performance Judgment
0.65
0.49
Resonance
0.17 0.66
0.58
0.24
Imagery Feelings
Brand Building Implications
Customers own brands.
Don’t take shortcuts with brands.
Brands should have a duality.
Brands should have richness.
Brand resonance provides important focus.
2.19
The Brand Value Chain
Customer mindset
In what way have customers been changed as a result of the marketing program?
How have those changes manifested themselves in customer mind-set?
Customer mind-set includes everything that exist in the minds of customers with
respect to a brand: thoughts, feelings, experiences, images, perception, beliefs and
attitudes.
Five dimensions are important measures of customer mind-set: brand awareness,
association, attitudes, brand attachment, and brand activity.
Customer multiplier
The extent to which value created in the minds of customers affects market
performance
It depends on factors such as competitive superiority, channel support, and
customer size and profile 8.22
Value Stages
Market performance
How do customers respond in the marketplace? Six main ways.
Market multiplier
The extent to which the value generated through brand market
performance is manifested in shareholder value
It depends on factors such as market dynamics, growth potential, risk
profile, and brand contribution
Shareholder value:
Based on available current and forecasted information about a brand,
financial market place formulates opinions and assessments that have very
direct financial implications for the brand value.
Three particularly important indicators are the stock price, price /earnings
multiple, and overall market capitalization for the firm..
8.23