Power Brands

Asia Pacific Marketing Institute
Asia Pacific Marketing InstituteAcademic Practitioner at Asia Pacific Marketing Institute
Power Brands

     Overview
Definition of a Power Brand
 A power brand identifies a company, product
 or service and has high awareness and recall
 with customers and is associated with a very
 successful global company’s.
Advantages of Power Brands
 •  Improved perceptions of        •  Larger margins
    product performance            •  More inelastic consumer
 •  Greater loyalty                   response
 •  Less vulnerability to          •  Greater trade cooperation
    competitive marketing          •  Increased marketing
    actions                           communications
 •  Less vulnerability to crises      effectiveness
                                   •  Possible licensing
                                      opportunities
Power Brands
Power Brands
Power Brands

  •  Assessing BRAND POWER

                       BRAND DEPTH


    BRAND LENGTH          POWER   BRAND BREADTH


                       BRAND WEIGHT


  Source: Interbrand
Power Brands

    •  Assessing BRAND POWER


                      The influence or dominance
                      that a brand has over its
                      category or market (more than
                      just market share)



                       BRAND WEIGHT


 Source: Interbrand
Power Brands

  •  Assessing BRAND POWER


                      The stretch or extension that
                      the brand has achieved in the
                      past or is likely to achieve in
     BRAND LENGTH     the future (especially outside its
                      original category)




 Source: Interbrand
Power Brands

     •  Assessing BRAND POWER


                     The breadth of franchise that
                     the brand has achieved both in
                     terms of age spread, consumer
                     types and international appeal   BRAND BREADTH




Source: Interbrand
Power Brands

     •  Assessing BRAND POWER

                       BRAND DEPTH


                     The degree of commitment that the
                     brand has achieved among its
                     customer base and beyond. The
                     proximity, the intimacy and the
                     loyalty felt for the brand.



Source: Interbrand
Power Brands

  •  Assessing BRAND POWER

                       BRAND DEPTH


      BRAND LENGTH        POWER   BRAND BREADTH


                       BRAND WEIGHT


  Source: Interbrand
Brand Vision


  To build successful brands while
   your competitors turn their
   brands into commodities start
   with a five-step process
                     Kevin Clancy, Copernicus, Counter Intuitive
Brand Building
 •  Kevin Clancy Copernicus’s 5 Step Process



                             Transform-                 Model-Based    Obsessive
  Inspirational                                                                    Diagnostic
                               ational                   Marketing    Implement-
     Vision                                                                         Metrics
                              Strategy                   Planning        ation




  Source: Kevin Clancy, Copernicus, Counter Intuitive
Brand Vision
 MUST BE:
 So big, so bold and so audacious that
  expressing it – never mind executing it – has
  a transformational effect. You start to
  become what you want to be. The dream
  and the reality fuse.
                             Source: Kevin Clancy, Copernicus, Counter Intuitive


         i.e. YOU NEED A BIG HAIRY VISION
Brand Vision Checklist
  ü  Inspirational & uplifting; it moves people
  ü  Exciting; it gets the blood pumping
  ü  Aspirational; it is barely attainable
  ü  Readable; it is clearly communicated
  ü  Unique/special/different
  ü  Very specific, not general
  ü  Connotes superiority or domination
  ü  Bold and brash; it oozes with confidence
  ü  Causes people to want to invest in/work for the
      company or buy the company’s products
  ü  Transformational, revolutionary, not evolutionary
Brand Vision
 •  Let’s review some published vision
    statements
 •  Assign them a college grade from 0
    to 100.




  Kevin Clancy, Copernicus, Counter Intuitive
Brand Vision
 A beverage company
 “We exist to create value for our shareholders
   on a long-term basis by building a business
    that enhances the company’s trademarks.”




                                               Grade = 63

 Kevin Clancy, Copernicus, Counter Intuitive
POWER BRANDS
•  Allow Consumers to clearly identify and
   specify products which genuinely offer
   added value.
•  Deep respect for the way products fit into
   consumer’s lives = “core” of success
•  Consumer Relationship = Loyalty
•  Social Changes in their favor
Brand Vision
 A beverage experience company
    “To have bigger brand awareness then
                 Coca-Cola.”




                                           Big Hairy
                                         Audacious Goal

 Source: David Sutton, Zyman Marketing
Brand Vision
 A technology company
 “To eclipse IBM as the #1 technology
   company in the world.”




                                               Grade = 91


 Kevin Clancy, Copernicus, Counter Intuitive
Brand Vision
 A gasoline company
 “We will become the dominant brand in the
   service station industry and beyond – with
   the friendliest, fastest, cleanest stations
   everywhere – one of the most admired
   brands on the planet.”


                                               Grade = 96


 Kevin Clancy, Copernicus, Counter Intuitive
Top Brands 2010
Nine ways to manage your brand as
  an asset

1.  Formally link business and brand strategy

2.  Create a unique and relevant Brand Identity

3.  Create a clear and distinct Positioning

4.  Extend your brand strategically

5.  Build a strategic Brand Architecture

6.  Evaluate and align touch points

7.  Consistently deliver on your Brand Contract

8.  Practice effective global brand management

9.  Set the organization up for success
You are welcome to contact Nigel Bairstow at B2B
Whiteboard your source of B2B Asia / Pacific
marketing advice

http://www.linkedin.com/pub/nigel-bairstow/6/41b/726

http://twitter.com/#!/b2bwhiteboard

http://www.b2b.whiteboard.com
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Power Brands

  • 1. Power Brands Overview
  • 2. Definition of a Power Brand A power brand identifies a company, product or service and has high awareness and recall with customers and is associated with a very successful global company’s.
  • 3. Advantages of Power Brands •  Improved perceptions of •  Larger margins product performance •  More inelastic consumer •  Greater loyalty response •  Less vulnerability to •  Greater trade cooperation competitive marketing •  Increased marketing actions communications •  Less vulnerability to crises effectiveness •  Possible licensing opportunities
  • 6. Power Brands •  Assessing BRAND POWER BRAND DEPTH BRAND LENGTH POWER BRAND BREADTH BRAND WEIGHT Source: Interbrand
  • 7. Power Brands •  Assessing BRAND POWER The influence or dominance that a brand has over its category or market (more than just market share) BRAND WEIGHT Source: Interbrand
  • 8. Power Brands •  Assessing BRAND POWER The stretch or extension that the brand has achieved in the past or is likely to achieve in BRAND LENGTH the future (especially outside its original category) Source: Interbrand
  • 9. Power Brands •  Assessing BRAND POWER The breadth of franchise that the brand has achieved both in terms of age spread, consumer types and international appeal BRAND BREADTH Source: Interbrand
  • 10. Power Brands •  Assessing BRAND POWER BRAND DEPTH The degree of commitment that the brand has achieved among its customer base and beyond. The proximity, the intimacy and the loyalty felt for the brand. Source: Interbrand
  • 11. Power Brands •  Assessing BRAND POWER BRAND DEPTH BRAND LENGTH POWER BRAND BREADTH BRAND WEIGHT Source: Interbrand
  • 12. Brand Vision To build successful brands while your competitors turn their brands into commodities start with a five-step process Kevin Clancy, Copernicus, Counter Intuitive
  • 13. Brand Building •  Kevin Clancy Copernicus’s 5 Step Process Transform- Model-Based Obsessive Inspirational Diagnostic ational Marketing Implement- Vision Metrics Strategy Planning ation Source: Kevin Clancy, Copernicus, Counter Intuitive
  • 14. Brand Vision MUST BE: So big, so bold and so audacious that expressing it – never mind executing it – has a transformational effect. You start to become what you want to be. The dream and the reality fuse. Source: Kevin Clancy, Copernicus, Counter Intuitive i.e. YOU NEED A BIG HAIRY VISION
  • 15. Brand Vision Checklist ü  Inspirational & uplifting; it moves people ü  Exciting; it gets the blood pumping ü  Aspirational; it is barely attainable ü  Readable; it is clearly communicated ü  Unique/special/different ü  Very specific, not general ü  Connotes superiority or domination ü  Bold and brash; it oozes with confidence ü  Causes people to want to invest in/work for the company or buy the company’s products ü  Transformational, revolutionary, not evolutionary
  • 16. Brand Vision •  Let’s review some published vision statements •  Assign them a college grade from 0 to 100. Kevin Clancy, Copernicus, Counter Intuitive
  • 17. Brand Vision A beverage company “We exist to create value for our shareholders on a long-term basis by building a business that enhances the company’s trademarks.” Grade = 63 Kevin Clancy, Copernicus, Counter Intuitive
  • 18. POWER BRANDS •  Allow Consumers to clearly identify and specify products which genuinely offer added value. •  Deep respect for the way products fit into consumer’s lives = “core” of success •  Consumer Relationship = Loyalty •  Social Changes in their favor
  • 19. Brand Vision A beverage experience company “To have bigger brand awareness then Coca-Cola.” Big Hairy Audacious Goal Source: David Sutton, Zyman Marketing
  • 20. Brand Vision A technology company “To eclipse IBM as the #1 technology company in the world.” Grade = 91 Kevin Clancy, Copernicus, Counter Intuitive
  • 21. Brand Vision A gasoline company “We will become the dominant brand in the service station industry and beyond – with the friendliest, fastest, cleanest stations everywhere – one of the most admired brands on the planet.” Grade = 96 Kevin Clancy, Copernicus, Counter Intuitive
  • 23. Nine ways to manage your brand as an asset 1.  Formally link business and brand strategy 2.  Create a unique and relevant Brand Identity 3.  Create a clear and distinct Positioning 4.  Extend your brand strategically 5.  Build a strategic Brand Architecture 6.  Evaluate and align touch points 7.  Consistently deliver on your Brand Contract 8.  Practice effective global brand management 9.  Set the organization up for success
  • 24. You are welcome to contact Nigel Bairstow at B2B Whiteboard your source of B2B Asia / Pacific marketing advice http://www.linkedin.com/pub/nigel-bairstow/6/41b/726 http://twitter.com/#!/b2bwhiteboard http://www.b2b.whiteboard.com