SlideShare a Scribd company logo
1 of 21
BRAND EQUITY, IMAGE, AND
PERSONALITY
Presented By: Harender Singh
BRAND EQUITY, IMAGE, AND PERSONALITY
1) Brand Equity
2) Consumer Knowledge about Brand
3) Type of Brand Associations
4) Brand Personality Association
5) Why are Brand Personality Associations Important? – Importance to
Marketers
6) Why are Brand Personality Associations Important? – Importance to
Consumers
7) When are Brand Personality & Associations are important
8) Implementing a Brand Personality Strategy
9) Executing a Brand Personality Strategy
Brand Equity
• High Awareness
• Loyal Consumers
• High Reputations for perceived quality
• Access to scarce distribution channels
• Personality associated with the brand
Equity of the brand is “captured in the name & the symbol
of the brand”
Brand Equity : David A Aaker Framework
• Consumer prefer high equity
brands because they find then
easy to approach.
• Brand can charge higher prices
as consumer feels more
confident , satisfaction
• Brand can run more efficient
marketing programs
• Less retailer incentives
• Costs less to launch brand
extension
• Brand therefore command a
higher asset value
Brand Equity : David A Aaker Framework
• Brand has having equity not only with consumer but with the distributors
trade too.
• Example – Coca Cola has incredible worldwide distribution(Company states
it want to be “within an arm’s reach of desire” anywhere)
Consumer Knowledge about Brand : Kevin
Lane Keller
Consumer Knowledge about Brand : Kevin
Lane Keller
• Brand equity is to increase the consumer awareness & familiarity
with it.
• Nature of association that advertisement creates with in the brand
• Brand not physical entity but the consumers thinks , feels & visualizes
when consumer see the brand’s symbol or name
• Stronger brands have more shape and substance – ALEX BIEL
Type of Brand Associations – Alex Biel
Type of Brand Associations – Alex Biel
• Association can be hard or soft, , dealing with tangible / functional
attributes like speed, price
• Example :
• Apple Computes being youthful
• Prudential Insurance being stable
Brand Personality Association
• Components of Brand Images
• Attributes
• Brand Personality
• Brand’s image as encompassing all the associations that a consumer
has for that brand
• Thoughts, Feelings, Images
• Colors, Sounds, Smells
• Mc Donald’s Character – Youthful, Having Fun
Brand Personality Association
• A brand that acquire a distinctive
personality may get strongly associated
with a certain value and strongly attract
people who attach great importance to the
value
• Example :
• Pontiac cars positioned themselves as
“building excitement” and are likely to attract
that value segment
• Apple INC always try to deliver superb user
experience, innovation, lifestyle .
Brand Personality Association
• Example :
• Betty Crocker , Involving more than 3000 women & found that in general
,Betty Crocker was viewed as a company that is
• Honest & dependable
• Friendly
BUT
• Out of Date
• Old & Traditional
• A manufacturer of ‘old standby’
Why are Brand Personality Associations
Important? – Importance to Marketers
• By creating a favorable and linked brand personality a marketer can
set a brand apart.
• Which offer enable the marketer to gain market share or change to
higher price.
• A brand personalities is often unique , non perceptible .
• Competitor can match brand features but usually can’t duplicate the
brand personality.
• Advertisement should have long term goal not short term .
• Higher consumer awareness and loyalty leads to stream of
repurchase
Why are Brand Personality Associations
Important? – Importance to Consumers
• By acquiring specific brands we also acquire for yourself the meaning
that they symbolize.
• As part of self-defining process, consumer select those brands that
have a brand personality that is congruent with their own self-
concept – so consumer tries to match with the personality of the
brand.
When are Brand Personality & Associations are
important
• If a consumer is not enough to an expert in a product or service , then
the consumer is more likely to relay on the image created through
advertisement. Example – Food, Drinks, fragrance
When are Brand Personality & Associations
are important
•People with high self-monitoring are more
sensitive to imagery advertising appeals then a
low self-monitors.
Implementing a Brand Personality Strategy
• Researching Brand Personality Associations
• Direct & Quantitative
• Indirect & Qualitative
• Quantitative- Consumer rate a brand , and/or users of that brand on
various personality adjectives
• Consumer may rate pepsi high on scales for the adjectives of being
competitive, aggressive
• Study on 50 personality related to the brands
• 39% Hotel Inn Cheerful , Friendly
• 6% Bird’s eye cheerful
• Disadvantages: Consumers may be unable or unwilling to give their
true opinions
Implementing a Brand Personality Strategy
• Qualitative
• Provide Brand name & ask first set of word come in the mind
• Example – McDonals’s – Big Macs, Ronald McDonald
• People like burger king _______________
• Ask consumer to relate brand with animal , people etc
• Example – KFC – A Zebra (Strips on KFC Bucket)
Implementing a Brand Personality Strategy
• Targeting Brand Personality
• Bank is advertising good service – then personality must obviously be
friendly but efficient.
• Nike – Emotions of competitions , determination, achievement
• CK – Core value of ‘sexiness’
Demographic of the target segment plays a major
role here
Executing a Brand Personality Strategy
• Endorser – Nike shoes gained tremendous personality with the player like –
Michael Jordan & Andre Agassi.
• Executional Elements – Choice of music, color , Typography
• Symbols -
• Consistency -
Thank You

More Related Content

What's hot

role of brand ambassador in building strong brand equity...
role of brand ambassador in building strong brand equity...role of brand ambassador in building strong brand equity...
role of brand ambassador in building strong brand equity...Debasis Sahoo
 
Brand identity, brand personality & brand image
Brand identity, brand personality & brand imageBrand identity, brand personality & brand image
Brand identity, brand personality & brand imageSunny Bose
 
Dynamics of Brand Personality
Dynamics of Brand PersonalityDynamics of Brand Personality
Dynamics of Brand PersonalitySj -
 
Branding: Session 1, introduction to branding 2012 2013
Branding: Session 1, introduction to branding 2012 2013Branding: Session 1, introduction to branding 2012 2013
Branding: Session 1, introduction to branding 2012 2013John Verhoeven
 
Brand Personality - Introduction to Branding
Brand Personality - Introduction to BrandingBrand Personality - Introduction to Branding
Brand Personality - Introduction to BrandingRai University Ahmedabad
 
A Brief Intro to Branding
A Brief Intro to BrandingA Brief Intro to Branding
A Brief Intro to BrandingElizabeth Brown
 
Brand Personality & Consumers - by Pat Bolger
Brand Personality & Consumers - by Pat BolgerBrand Personality & Consumers - by Pat Bolger
Brand Personality & Consumers - by Pat Bolgerpbolg
 
What is branding? - Acquired Edge
What is branding? - Acquired EdgeWhat is branding? - Acquired Edge
What is branding? - Acquired EdgeAcquired Edge
 
Product definition and Brand Models
Product definition and Brand ModelsProduct definition and Brand Models
Product definition and Brand Modelsgyaanmasti
 
Brand Personality And Identity
Brand Personality And IdentityBrand Personality And Identity
Brand Personality And IdentityGOEL'S WORLD
 
Brand identity8
Brand identity8Brand identity8
Brand identity8pankajmkp
 
Chapter 2 customer based brand equity
Chapter 2 customer based brand equity Chapter 2 customer based brand equity
Chapter 2 customer based brand equity Mohammed Jaffri
 
How a good brand grows your business
How a good brand grows your businessHow a good brand grows your business
How a good brand grows your businessLawrence Chan
 

What's hot (18)

role of brand ambassador in building strong brand equity...
role of brand ambassador in building strong brand equity...role of brand ambassador in building strong brand equity...
role of brand ambassador in building strong brand equity...
 
Brand identity, brand personality & brand image
Brand identity, brand personality & brand imageBrand identity, brand personality & brand image
Brand identity, brand personality & brand image
 
Brand Personality
Brand PersonalityBrand Personality
Brand Personality
 
Dynamics of Brand Personality
Dynamics of Brand PersonalityDynamics of Brand Personality
Dynamics of Brand Personality
 
Branding: Session 1, introduction to branding 2012 2013
Branding: Session 1, introduction to branding 2012 2013Branding: Session 1, introduction to branding 2012 2013
Branding: Session 1, introduction to branding 2012 2013
 
Brand Personality - Introduction to Branding
Brand Personality - Introduction to BrandingBrand Personality - Introduction to Branding
Brand Personality - Introduction to Branding
 
A Brief Intro to Branding
A Brief Intro to BrandingA Brief Intro to Branding
A Brief Intro to Branding
 
Brand Personality & Consumers - by Pat Bolger
Brand Personality & Consumers - by Pat BolgerBrand Personality & Consumers - by Pat Bolger
Brand Personality & Consumers - by Pat Bolger
 
What is branding? - Acquired Edge
What is branding? - Acquired EdgeWhat is branding? - Acquired Edge
What is branding? - Acquired Edge
 
Brand Equity
Brand EquityBrand Equity
Brand Equity
 
Customer Based Brand Equity (CBBE) by Leroy J. Ebert
Customer Based Brand Equity (CBBE) by Leroy J. EbertCustomer Based Brand Equity (CBBE) by Leroy J. Ebert
Customer Based Brand Equity (CBBE) by Leroy J. Ebert
 
Product definition and Brand Models
Product definition and Brand ModelsProduct definition and Brand Models
Product definition and Brand Models
 
Brand Personality And Identity
Brand Personality And IdentityBrand Personality And Identity
Brand Personality And Identity
 
Brand identity8
Brand identity8Brand identity8
Brand identity8
 
Chapter 2 customer based brand equity
Chapter 2 customer based brand equity Chapter 2 customer based brand equity
Chapter 2 customer based brand equity
 
Brand personality
Brand personalityBrand personality
Brand personality
 
Brand identity
Brand identity Brand identity
Brand identity
 
How a good brand grows your business
How a good brand grows your businessHow a good brand grows your business
How a good brand grows your business
 

Similar to Brand equity

Principle of Marketing : Branding
Principle of Marketing : Branding Principle of Marketing : Branding
Principle of Marketing : Branding Sakinah Mohd Shukri
 
Branding and advertising of financial services
Branding and advertising of financial servicesBranding and advertising of financial services
Branding and advertising of financial servicesAngle Angel
 
Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Jawad Chaudhry
 
Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Siddanna Balapgol
 
MKT 465 ch 3 seh part1 (1).pptx
MKT 465 ch 3 seh part1 (1).pptxMKT 465 ch 3 seh part1 (1).pptx
MKT 465 ch 3 seh part1 (1).pptxRedAakash
 
Fashion communication and branding ppt
Fashion communication and branding pptFashion communication and branding ppt
Fashion communication and branding ppttinsayeasfaw
 
Brand Management
Brand Management Brand Management
Brand Management Anujith KR
 
Define Your WoW! Factor – Create an Unforgettable Brand
Define Your WoW! Factor – Create an Unforgettable BrandDefine Your WoW! Factor – Create an Unforgettable Brand
Define Your WoW! Factor – Create an Unforgettable BrandVerticalResponse
 
Chap 2, customer based brand equity
Chap 2, customer based brand equityChap 2, customer based brand equity
Chap 2, customer based brand equityRajesh Kumar
 
Route to building great brands
Route to building great brandsRoute to building great brands
Route to building great brandsBolaji Okusaga
 

Similar to Brand equity (20)

Handy Guide for Brand Building
Handy Guide for Brand BuildingHandy Guide for Brand Building
Handy Guide for Brand Building
 
Brand and brand equity
Brand and brand equityBrand and brand equity
Brand and brand equity
 
Principle of Marketing : Branding
Principle of Marketing : Branding Principle of Marketing : Branding
Principle of Marketing : Branding
 
Branding and advertising of financial services
Branding and advertising of financial servicesBranding and advertising of financial services
Branding and advertising of financial services
 
Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)
 
Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Brand equity-1231962670717439-3
Brand equity-1231962670717439-3
 
Mm unit 3point1
Mm unit 3point1Mm unit 3point1
Mm unit 3point1
 
Mm unit 3point1
Mm unit 3point1Mm unit 3point1
Mm unit 3point1
 
MKT 465 ch 3 seh part1 (1).pptx
MKT 465 ch 3 seh part1 (1).pptxMKT 465 ch 3 seh part1 (1).pptx
MKT 465 ch 3 seh part1 (1).pptx
 
Brand Equity
Brand EquityBrand Equity
Brand Equity
 
Brand management
Brand managementBrand management
Brand management
 
Fashion communication and branding ppt
Fashion communication and branding pptFashion communication and branding ppt
Fashion communication and branding ppt
 
Brand Management
Brand Management Brand Management
Brand Management
 
Brand personality
Brand personalityBrand personality
Brand personality
 
Brand equity
Brand equityBrand equity
Brand equity
 
Define Your WoW! Factor – Create an Unforgettable Brand
Define Your WoW! Factor – Create an Unforgettable BrandDefine Your WoW! Factor – Create an Unforgettable Brand
Define Your WoW! Factor – Create an Unforgettable Brand
 
Brand strategy
Brand strategyBrand strategy
Brand strategy
 
Chap 2, customer based brand equity
Chap 2, customer based brand equityChap 2, customer based brand equity
Chap 2, customer based brand equity
 
what is a brand
what is a brandwhat is a brand
what is a brand
 
Route to building great brands
Route to building great brandsRoute to building great brands
Route to building great brands
 

Recently uploaded

Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...CIO Business World
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptxMasterPhil1
 
SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?Searchable Design
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfmarcuslary231
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationAli Raza
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?Juan Pineda
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project VideoSineadBidwell
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingJuan Pineda
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceDamien ROBERT
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garsiderobwhite630290
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一s SS
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfEastern Online-iSURVEY
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)Jomer Gregorio
 

Recently uploaded (20)

Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptx
 
SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?SORA AI: Will It Be the Future of Video Creation?
SORA AI: Will It Be the Future of Video Creation?
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdf
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store Optimization
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?
 
Storyboards for my Final Major Project Video
Storyboards for my Final Major Project VideoStoryboards for my Final Major Project Video
Storyboards for my Final Major Project Video
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
Social Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdfSocial Samosa Guidebook for SAMMIES 2024.pdf
Social Samosa Guidebook for SAMMIES 2024.pdf
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO Copywriting
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
 
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon GarsideInbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
Inbound Marekting 2.0 - The Paradigm Shift in Marketing | Axon Garside
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdfSnapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
Snapshot of Consumer Behaviors of March 2024-EOLiSurvey (EN).pdf
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)
 

Brand equity

  • 1. BRAND EQUITY, IMAGE, AND PERSONALITY Presented By: Harender Singh
  • 2. BRAND EQUITY, IMAGE, AND PERSONALITY 1) Brand Equity 2) Consumer Knowledge about Brand 3) Type of Brand Associations 4) Brand Personality Association 5) Why are Brand Personality Associations Important? – Importance to Marketers 6) Why are Brand Personality Associations Important? – Importance to Consumers 7) When are Brand Personality & Associations are important 8) Implementing a Brand Personality Strategy 9) Executing a Brand Personality Strategy
  • 3. Brand Equity • High Awareness • Loyal Consumers • High Reputations for perceived quality • Access to scarce distribution channels • Personality associated with the brand Equity of the brand is “captured in the name & the symbol of the brand”
  • 4. Brand Equity : David A Aaker Framework • Consumer prefer high equity brands because they find then easy to approach. • Brand can charge higher prices as consumer feels more confident , satisfaction • Brand can run more efficient marketing programs • Less retailer incentives • Costs less to launch brand extension • Brand therefore command a higher asset value
  • 5. Brand Equity : David A Aaker Framework • Brand has having equity not only with consumer but with the distributors trade too. • Example – Coca Cola has incredible worldwide distribution(Company states it want to be “within an arm’s reach of desire” anywhere)
  • 6. Consumer Knowledge about Brand : Kevin Lane Keller
  • 7. Consumer Knowledge about Brand : Kevin Lane Keller • Brand equity is to increase the consumer awareness & familiarity with it. • Nature of association that advertisement creates with in the brand • Brand not physical entity but the consumers thinks , feels & visualizes when consumer see the brand’s symbol or name • Stronger brands have more shape and substance – ALEX BIEL
  • 8. Type of Brand Associations – Alex Biel
  • 9. Type of Brand Associations – Alex Biel • Association can be hard or soft, , dealing with tangible / functional attributes like speed, price • Example : • Apple Computes being youthful • Prudential Insurance being stable
  • 10. Brand Personality Association • Components of Brand Images • Attributes • Brand Personality • Brand’s image as encompassing all the associations that a consumer has for that brand • Thoughts, Feelings, Images • Colors, Sounds, Smells • Mc Donald’s Character – Youthful, Having Fun
  • 11. Brand Personality Association • A brand that acquire a distinctive personality may get strongly associated with a certain value and strongly attract people who attach great importance to the value • Example : • Pontiac cars positioned themselves as “building excitement” and are likely to attract that value segment • Apple INC always try to deliver superb user experience, innovation, lifestyle .
  • 12. Brand Personality Association • Example : • Betty Crocker , Involving more than 3000 women & found that in general ,Betty Crocker was viewed as a company that is • Honest & dependable • Friendly BUT • Out of Date • Old & Traditional • A manufacturer of ‘old standby’
  • 13. Why are Brand Personality Associations Important? – Importance to Marketers • By creating a favorable and linked brand personality a marketer can set a brand apart. • Which offer enable the marketer to gain market share or change to higher price. • A brand personalities is often unique , non perceptible . • Competitor can match brand features but usually can’t duplicate the brand personality. • Advertisement should have long term goal not short term . • Higher consumer awareness and loyalty leads to stream of repurchase
  • 14. Why are Brand Personality Associations Important? – Importance to Consumers • By acquiring specific brands we also acquire for yourself the meaning that they symbolize. • As part of self-defining process, consumer select those brands that have a brand personality that is congruent with their own self- concept – so consumer tries to match with the personality of the brand.
  • 15. When are Brand Personality & Associations are important • If a consumer is not enough to an expert in a product or service , then the consumer is more likely to relay on the image created through advertisement. Example – Food, Drinks, fragrance
  • 16. When are Brand Personality & Associations are important •People with high self-monitoring are more sensitive to imagery advertising appeals then a low self-monitors.
  • 17. Implementing a Brand Personality Strategy • Researching Brand Personality Associations • Direct & Quantitative • Indirect & Qualitative • Quantitative- Consumer rate a brand , and/or users of that brand on various personality adjectives • Consumer may rate pepsi high on scales for the adjectives of being competitive, aggressive • Study on 50 personality related to the brands • 39% Hotel Inn Cheerful , Friendly • 6% Bird’s eye cheerful • Disadvantages: Consumers may be unable or unwilling to give their true opinions
  • 18. Implementing a Brand Personality Strategy • Qualitative • Provide Brand name & ask first set of word come in the mind • Example – McDonals’s – Big Macs, Ronald McDonald • People like burger king _______________ • Ask consumer to relate brand with animal , people etc • Example – KFC – A Zebra (Strips on KFC Bucket)
  • 19. Implementing a Brand Personality Strategy • Targeting Brand Personality • Bank is advertising good service – then personality must obviously be friendly but efficient. • Nike – Emotions of competitions , determination, achievement • CK – Core value of ‘sexiness’ Demographic of the target segment plays a major role here
  • 20. Executing a Brand Personality Strategy • Endorser – Nike shoes gained tremendous personality with the player like – Michael Jordan & Andre Agassi. • Executional Elements – Choice of music, color , Typography • Symbols - • Consistency -