The document discusses various qualitative and quantitative techniques for measuring sources of brand equity by capturing customer mindsets. It describes qualitative techniques like free association, projective techniques, and the Zaltman Metaphor Elicitation Technique (ZMET). Quantitative awareness, image, brand responses, and brand relationships are also covered. Comprehensive models for measuring customer-based brand equity are outlined, including the Brand Dynamics model, Equity Engines, and Young & Rubicam's Brand Asset Valuator (BAV) which uses five pillars to assess brand health.
Brand Amplitude's perspective on measuring brand equity. Includes definition of brand equity, review of brand equity measurement approaches by leading academics and practitioners (Keller, Aaker, Reichfeld, Rust, Gregory, Gerzema, more). Includes examples of brand measures and in-depth examination of share tiering approach to measuring equity.
Professor Keller is right now conducting various studies that deliver techniques to assemble, measure, and oversee brand value. Textbooks written by him on those subjects course reading on those subjects, Strategic Brand Management, has been embraced at top business schools and leading firms around the globe and has been proclaimed as the "Bible of Branding." Consolidating the most recent industry thinking and improvements, this investigation of brands, brand value, and strategic brand management combines a comprehensive theoretical foundation with numerous techniques and practical insights for making better day-to-day and long-term brand decisions–and thus improving the long-term profitability of specific brand strategies. In this slides, you will get the synopsis of brand management. For details, please read the main book.
Brand Amplitude's perspective on measuring brand equity. Includes definition of brand equity, review of brand equity measurement approaches by leading academics and practitioners (Keller, Aaker, Reichfeld, Rust, Gregory, Gerzema, more). Includes examples of brand measures and in-depth examination of share tiering approach to measuring equity.
Professor Keller is right now conducting various studies that deliver techniques to assemble, measure, and oversee brand value. Textbooks written by him on those subjects course reading on those subjects, Strategic Brand Management, has been embraced at top business schools and leading firms around the globe and has been proclaimed as the "Bible of Branding." Consolidating the most recent industry thinking and improvements, this investigation of brands, brand value, and strategic brand management combines a comprehensive theoretical foundation with numerous techniques and practical insights for making better day-to-day and long-term brand decisions–and thus improving the long-term profitability of specific brand strategies. In this slides, you will get the synopsis of brand management. For details, please read the main book.
Branding
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Measuring Sources of Brand Equity -Brand ManagementAqib Syed
Measuring the sources of brand equity.
The use of social media platforms and websites to promote a product or service. (Wikipedia)
Refers to techniques that target social networks and applications to spread brand awareness or promote particular products. (Techopedia)
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it's my material for the training workshop of "Intro to Branding & Brand Management" that has been held among other 7 workshops of #elkottab training event organized by E3langi.com in November 2014
Exposure, Attention and Interpretation -Consumer BehaviorAqib Syed
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Exposure provides consumers with the opportunity to pay attention to available information but in no way guarantees it.
Exposure
Kinds of Exposure
Examples of exposure
Attention
Kinds of Attention
Examples of Attention
Interpretation
Kinds of Interpretation
Examples of Interpretation
Presentation concerns developing online sales by wineries as an additional channel. Especially important now after the wildfires that will likely reduce wine tourism, and with that a potential decline in direct sales of wines through tasting room and club sales. Study uses the research tradition of cognitive economics. It discovers three distinct consumer mindsets towards online wine sales by wineries, the emotions driving interest in online wine sales, and three suggested strategies that will increase sales by 56%.
Branding
Leveraging Secondary Brand Association
Managing Brand Over Time, Brand Reinforcement & Brand Revitalization to help the growth of customers and Manage brand equity
Secondary Brand Association - Leveraging Secondary Brand Associations to Buil...TanveerHossainRayvee
Leveraging Secondary Brand Association to build Brand Equity. Brand Association is very essential to build brand equity as it helps the audience to recall about the brand. For example, Close up reminds us about fresh breathing.
Measuring Sources of Brand Equity -Brand ManagementAqib Syed
Measuring the sources of brand equity.
The use of social media platforms and websites to promote a product or service. (Wikipedia)
Refers to techniques that target social networks and applications to spread brand awareness or promote particular products. (Techopedia)
Intro to Branding & Brand management - ElkottabMuhammad Omar
it's my material for the training workshop of "Intro to Branding & Brand Management" that has been held among other 7 workshops of #elkottab training event organized by E3langi.com in November 2014
Exposure, Attention and Interpretation -Consumer BehaviorAqib Syed
Exposure, Attention and Interpretation -Consumer Behavior
Exposure provides consumers with the opportunity to pay attention to available information but in no way guarantees it.
Exposure
Kinds of Exposure
Examples of exposure
Attention
Kinds of Attention
Examples of Attention
Interpretation
Kinds of Interpretation
Examples of Interpretation
Presentation concerns developing online sales by wineries as an additional channel. Especially important now after the wildfires that will likely reduce wine tourism, and with that a potential decline in direct sales of wines through tasting room and club sales. Study uses the research tradition of cognitive economics. It discovers three distinct consumer mindsets towards online wine sales by wineries, the emotions driving interest in online wine sales, and three suggested strategies that will increase sales by 56%.
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A brief look into brand identity and some of the models involved with its such as the brand identity prism. as well as examples of Nikes Identity prism and Jaguars identity prism.
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New research proves consumers prefer brands that offer unique experiences. Many are even willing to pay more for unique brand experiences. Check out our global research on brand experience trends and learn how to apply these insights to your brand.
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MEASURING SOURCES OF BRAND EQUITY: CAPURING CUSTOMER MINDSET
1. 9.1
CHAPTER 9:CHAPTER 9:
MEASURING SOURCES OF BRAND EQUITY:MEASURING SOURCES OF BRAND EQUITY:
CAPURING CUSTOMER MINDSETCAPURING CUSTOMER MINDSET
Kevin Lane KellerKevin Lane Keller
Tuck School of BusinessTuck School of Business
Dartmouth CollegeDartmouth College
2. 9.2
Qualitative Research TechniquesQualitative Research Techniques
Free associationFree association
What do you like best about the brand? What are itsWhat do you like best about the brand? What are its
positive aspects?positive aspects?
What do you dislike? What are its disadvantages?What do you dislike? What are its disadvantages?
What do you find unique about the brand? How is itWhat do you find unique about the brand? How is it
different from other brands? In what ways is it thedifferent from other brands? In what ways is it the
same?same?
3. 9.3
Free AssociationsFree Associations
LEVI’S
501
High quality, long lasting,
and durable
Blue denim, shrink-to-fit
cotton fabric, button-fly,
two-horse patch,
and small red pocket tag
Feelings of self-confidence
and self-assurance
Comfortable fitting
and relaxing to wear
Honest, classic,
Contemporary, approachable,
independent, and universal
Appropriate for outdoor
work and casual social
situations
Western, American,
blue collar, hard-working,
traditional, strong,
rugged, and masculine
BENEFITS
ATTRIBUTES
Symbolic
Usage ImageryUser Imagery
Brand Personality
Functional
Product-Related
Experiential
4. 9.4
Qualitative Research TechniquesQualitative Research Techniques
Projective techniquesProjective techniques
Diagnostic tools to uncover the true opinions andDiagnostic tools to uncover the true opinions and
feelings of consumers when they are unwilling orfeelings of consumers when they are unwilling or
otherwise unable to express themselves on theseotherwise unable to express themselves on these
mattersmatters
5. 9.5
Projective TechniquesProjective Techniques
Consumers might feel that it would be sociallyConsumers might feel that it would be socially
unacceptable to express their true feelingsunacceptable to express their true feelings
Projective techniques are diagnostic tools toProjective techniques are diagnostic tools to
uncover the true opinions and feelings ofuncover the true opinions and feelings of
consumersconsumers
Examples:Examples:
Completion and interpretation tasksCompletion and interpretation tasks
Comparison tasksComparison tasks
6. 9.6
New approach: ZMETNew approach: ZMET
Zaltman Metaphor Elicitation TechniqueZaltman Metaphor Elicitation Technique
(ZMET)(ZMET)
ZMET is “a technique for elicitingZMET is “a technique for eliciting
interconnected constructs that influence thoughtinterconnected constructs that influence thought
and behavior.”and behavior.”
7. 9.7
ZMETZMET
The guided conversation consists of a series of stepsThe guided conversation consists of a series of steps
that includes some or all of the following:that includes some or all of the following:
Story tellingStory telling
Missed imagesMissed images
Sorting taskSorting task
Construct elicitationConstruct elicitation
The most representative pictureThe most representative picture
Opposite imagesOpposite images
Sensory imagesSensory images
Mental mapMental map
Summary imageSummary image
VignetteVignette
8. 9.8
Brand Personality and ValuesBrand Personality and Values
Brand personalityBrand personality refers to the human characteristicsrefers to the human characteristics
or traits that can be attributed to a brand.or traits that can be attributed to a brand.
The Big FiveThe Big Five
Sincerity (down-to-earth, wholesome, and cheerful)Sincerity (down-to-earth, wholesome, and cheerful)
Excitement (daring, spirited, imaginative, and up-to-Excitement (daring, spirited, imaginative, and up-to-
date)date)
Competence (reliable, intelligent, and successful)Competence (reliable, intelligent, and successful)
Sophistication (upper class and charming)Sophistication (upper class and charming)
Ruggedness (outdoorsy and tough)Ruggedness (outdoorsy and tough)
Jennifer Aaker, 1997Jennifer Aaker, 1997
10. 9.10
Experiential MethodsExperiential Methods
By tapping more directly into their actual home, work,By tapping more directly into their actual home, work,
or shopping behaviors, researchers might be able toor shopping behaviors, researchers might be able to
elicit more meaningful responses from consumers.elicit more meaningful responses from consumers.
Advocates of the experiential approach have sentAdvocates of the experiential approach have sent
researchers to consumers’ homes in the morning to seeresearchers to consumers’ homes in the morning to see
how they approach their days, given business travelershow they approach their days, given business travelers
Polaroid cameras and diaries to capture their feelingsPolaroid cameras and diaries to capture their feelings
when in hotel rooms, and conducted “beeper studies”when in hotel rooms, and conducted “beeper studies”
in which participants are instructed to write down whatin which participants are instructed to write down what
they’re doing when they are paged.they’re doing when they are paged.
12. 9.12
AwarenessAwareness
RecognitionRecognition
Ability of consumers to identify the brand (and itsAbility of consumers to identify the brand (and its
elements) under various circumstanceselements) under various circumstances
RecallRecall
Ability of consumers to retrieve the actual brandAbility of consumers to retrieve the actual brand
elements from memoryelements from memory
Unaided vs. aided recallUnaided vs. aided recall
13. 9.13
AwarenessAwareness
Corrections for guessingCorrections for guessing
Any research measure must consider the issue of consumersAny research measure must consider the issue of consumers
making up responses or guessing.making up responses or guessing.
Strategic implicationsStrategic implications
The advantage of aided recall measures is that they yieldThe advantage of aided recall measures is that they yield
insight into how brand knowledge is organized in memoryinsight into how brand knowledge is organized in memory
and what kind of cues or reminders may be necessary forand what kind of cues or reminders may be necessary for
consumers to be able to retrieve the brand from memory.consumers to be able to retrieve the brand from memory.
The important point to note is that the category structure thatThe important point to note is that the category structure that
exists in consumers’ minds—as reflected by brand recallexists in consumers’ minds—as reflected by brand recall
performance—can have profound implications for consumerperformance—can have profound implications for consumer
choice and marketing strategy.choice and marketing strategy.
14. 9.14
ImageImage
Ask open-ended questions to tap into theAsk open-ended questions to tap into the
strength, favorability, and uniqueness of brandstrength, favorability, and uniqueness of brand
associations.associations.
These associations should be rated on scales forThese associations should be rated on scales for
quantitative analysis.quantitative analysis.
15. 9.15
Brand ResponsesBrand Responses
Research in psychology suggests that purchaseResearch in psychology suggests that purchase
intentions are most likely to be predictive of actualintentions are most likely to be predictive of actual
purchase when there is correspondence between thepurchase when there is correspondence between the
two in the following categories:two in the following categories:
Purchase IntentionsPurchase Intentions
Action (buying for own use or to give as a gift)Action (buying for own use or to give as a gift)
Target (specific type of product and brand)Target (specific type of product and brand)
Context (in what type of store based on what prices andContext (in what type of store based on what prices and
other conditions)other conditions)
Time (within a week, month, or year)Time (within a week, month, or year)
16. 9.16
Brand RelationshipsBrand Relationships
Behavioral loyaltyBehavioral loyalty
Brand substitutabilityBrand substitutability
Other brand resonance dimensionsOther brand resonance dimensions
For example, in terms of engagement, measuresFor example, in terms of engagement, measures
could explore word-of-mouth behavior, onlinecould explore word-of-mouth behavior, online
behavior, and so forth in depthbehavior, and so forth in depth
18. 9.18
Brand DynamicsBrand Dynamics
The Brand Dynamics model adopts aThe Brand Dynamics model adopts a
hierarchical approach to determine the strengthhierarchical approach to determine the strength
of relationship a consumer has with a brand.of relationship a consumer has with a brand.
The five levels of the model are:The five levels of the model are:
PresencePresence
RelevanceRelevance
PerformancePerformance
AdvantageAdvantage
BondingBonding
19. 9.19
Equity EnginesEquity Engines
This model delineates three key dimensions of brandThis model delineates three key dimensions of brand
affinityaffinity——the emotional and intangible benefits of athe emotional and intangible benefits of a
brandbrand——as follows:as follows:
Authority:Authority: The reputation of a brand, whether as a long-The reputation of a brand, whether as a long-
standing leader or as a pioneer in innovationstanding leader or as a pioneer in innovation
Identification:Identification: The closeness customers feel for a brand andThe closeness customers feel for a brand and
how well they feel the brand matches their personal needshow well they feel the brand matches their personal needs
Approval:Approval: The way a brand fits into the wider social matrixThe way a brand fits into the wider social matrix
and the intangible status it holds for experts and friendsand the intangible status it holds for experts and friends
20. 9.20
Young & Rubicam’s Brand AssetYoung & Rubicam’s Brand Asset
Valuator (BAV)Valuator (BAV)
There are five key components of brand health in BAVThere are five key components of brand health in BAV
—the five pillars.—the five pillars.
Each pillar is derived from various measures that relateEach pillar is derived from various measures that relate
to different aspects of consumers’ brand perceptionsto different aspects of consumers’ brand perceptions
and that together trace the progression of a brand’sand that together trace the progression of a brand’s
development.development.
DifferentiationDifferentiation
EnergyEnergy
RelevanceRelevance
EsteemEsteem
KnowledgeKnowledge
21. 9.21
240,000+ consumers240,000+ consumers
Up to 181 categoriesUp to 181 categories
137 studies137 studies
40 countries40 countries
8 years8 years
56 different brand56 different brand
metricsmetrics
Common methodologyCommon methodology
BrandAsset® Valuator (BAV)BrandAsset® Valuator (BAV)
22. 9.22
Four Primary AspectsFour Primary Aspects
How Brands Are BuiltHow Brands Are Built
Knowledge
• The culmination of brand building efforts;
acquisition of consumer experience
Esteem • Consumer respect, regard, reputation; a
fulfillment of perceived consumer promise
Relevance • Relates to usage and subsumes the five Ps of
marketing; relates to sale
Differentiation • The basis for consumer choice; the essence of
the brand, source of margin
23. 9.23
Room to grow...
Brand has power to build relevance.
D > R
0
10
20
30
40
50
60
70
80
90
100
Differentiation Relevance
Healthy Brands Have GreaterHealthy Brands Have Greater
Differentiation than RelevanceDifferentiation than Relevance
Examples:
Harley Davidson
Yahoo!
AOL
Williams-Sonoma
Ikea
Bloomberg Business News
24. 9.24
R > D
0
10
20
30
40
50
60
70
80
90
100
Differentiation Relevance
Uniqueness has faded; price becomes
dominant reason to buy.
Brands with greater Relevance than DifferentiationBrands with greater Relevance than Differentiation
Are in Danger of Becoming CommoditiesAre in Danger of Becoming Commodities
Examples:
Exxon
Mott’s
McDonald’s
Crest
Minute Maid
Fruit of the Loom
Peter Pan (peanut butter)
25. 9.25
E > K
0
10
20
30
40
50
60
70
80
90
100
Esteem Knowledge
Brand is better liked than known.
More Esteem than Knowledge Means, “I’dMore Esteem than Knowledge Means, “I’d
like to get to know you better”like to get to know you better”
Examples:
Coach leatherwear
Tag Heuer
Calphalon
Movado
Blaupunkt
Pella Windows
Palm Pilot
Technics
26. 9.26
K > E
0
10
20
30
40
50
60
70
80
90
100
Esteem Knowledge
Brand is better known than liked.
Too Much Knowledge Can Be Dangerous:Too Much Knowledge Can Be Dangerous:
“I know you and you’re nothing special”“I know you and you’re nothing special”
Examples:
Plymouth
TV Guide
Spam
Woolworths
Chrysler
Maxwell House
National
Enquirer
Sanka
29. 9.29
BRAND STATUREBRAND STATURE
BRANDSTRENGTHBRANDSTRENGTH
Base: USA Total Adults BAV 1999Base: USA Total Adults BAV 1999
00
2020
4040
6060
8080
100100
00 2020 4040 6060 8080 100100
PlymouthPlymouth
BazookaBazooka
Ivory SnowIvory Snow
PertPert
RolaidsRolaids
KedsKeds
Howard JohnsonHoward Johnson
TWATWA
GreyhoundGreyhound
Arizona Iced TeaArizona Iced Tea
AeropostaleAeropostale
Newman’s OwnNewman’s Own
Sundance ChannelSundance Channel
DreamWorksDreamWorks
Bloomberg BusinessBloomberg Business
NewsNews
CDnowCDnow
IKEAIKEA
Coca-ColaCoca-Cola
Ocean SprayOcean Spray
NikeNike
Pepperidge FarmPepperidge Farm
M&MsM&Ms
DisneyDisney
Jeopardy!Jeopardy!
HallmarkHallmark
San PellegrinoSan Pellegrino
Sun MicrosystemsSun Microsystems
WiredWired
Quest TelecommQuest Telecomm
NokiaNokia
iVillage.comiVillage.com
NetGrocerNetGrocer
IridiumIridium
USA 1999 PowerGrid SampleUSA 1999 PowerGrid Sample
30. 9.30
Y&R Resonance ResearchY&R Resonance Research
Usage
Loyalty (60%)
Attachment (30%)
Community Engagement
Resonance
ACE
(10%)
15%
Base: 2001 BAV Data
31. 9.31
0
50
100
0 50 100
Brand Stature
BrandStrength Attached
Loyal
Community
Resonance
Engaged
Non-Loyals
Resonance
Engaged
Community
Attached
Loyal Users
Non-Loyal Users
Base: BAV USA Adults 2001
Differentiation
Y&R Resonance Research with BAVY&R Resonance Research with BAV
32. 9.32
Average U.S. Packaged Goods BrandAverage U.S. Packaged Goods Brand
Proportion
of Consumers
Consumer
Loyalty
7%
Bonded
32%
Advantage
35%
Performance
43%
Relevance
76%
Presence
38%
19%
17%
13%
20%
33. 9.33
Commonalty Between the Basic BAVCommonalty Between the Basic BAV
Model and the CBBE FrameworkModel and the CBBE Framework
BAV’s knowledge relates to CBBE’s brand awarenessBAV’s knowledge relates to CBBE’s brand awareness
and familiarity.and familiarity.
BAV’s esteem relates to CBBE’s favorability of brandBAV’s esteem relates to CBBE’s favorability of brand
associations.associations.
BAV’s relevance relates to CBBE’s strength of brandBAV’s relevance relates to CBBE’s strength of brand
associations (as well as perhaps favorability).associations (as well as perhaps favorability).
BAV’s energy relates to CBBE’s favorability ofBAV’s energy relates to CBBE’s favorability of
associations.associations.
BAV’s differentiation relates to CBBE’s uniqueness ofBAV’s differentiation relates to CBBE’s uniqueness of
brand associations.brand associations.
Editor's Notes
The largest worldwide brand study, enabling Y&R to speak to the issue on the agenda, Brands and Financial Performance, but also enabling me to speak about brands the way consumers do. It’s helpful to think about Brands as you think about Relationships--
how brands are built
how they progress
how they can go sour
and how to re-build damaged ones
I’m going to talk about the
So here’s the first check point. Is this a relationship with a future? If Differentiation, as we say, is greater than Relevance…
(refer to the slide)
If Relevance is greater than Differentiation...
So here’s the first check point. Is this a relationship with a future? If Differentiation, as we say, is greater than Relevance…
(refer to the slide)
If Relevance is greater than Differentiation...
So here’s the first check point. Is this a relationship with a future? If Differentiation, as we say, is greater than Relevance…
(refer to the slide)
If Relevance is greater than Differentiation...
So here’s the first check point. Is this a relationship with a future? If Differentiation, as we say, is greater than Relevance…
(refer to the slide)
If Relevance is greater than Differentiation...
OK, so here’s the cheat sheet.
I’m Miss Lonelyhearts and I’m checking out what you’re telling me about the brands.
I want to know about Brand Strength and Brand Stature and what they tell me about pursuing the relationship further.