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DEVELOPING BRAND STRATEGY:
A CONSUMER CENTRIC APPROACH
TIE INSTITUTE KNOWLEDGE SERIES ON BRANDING & MARKETING
MUMBAI, 27 NOVEMBER 2010
3/18/2022 1
WHAT IS A BRAND?
3/18/2022 2
Brands as signatures
have existed for a long time….
3/18/2022 3
Brands as signatures
have existed for a long time….
3/18/2022 4
Brands as signatures
have existed for a long time….
3/18/2022 5
Brands as signatures
have existed for a long time….
3/18/2022 6
Brands as signatures
have existed for a long time….
3/18/2022 7
Brands as signatures
have evolved over time….
3/18/2022 8
Brands as signatures
have evolved over time….
3/18/2022 9
Brands as signatures
have evolved over time….
3/18/2022 10
What is a Brand?
3/18/2022 11
“A term, sign, symbol or design, or a combination
of these, intended to identify the goods or
services of one seller and to differentiate it from
those of competitors.”
American Marketing Association
WHY BRANDING?
3/18/2022 12
How Branding Helps the Owner?
3/18/2022 13
• Functional:
– Trade Mark - Protection
– Copyright and design protection
– Simplify product tracing
• Symbolic:
– Emotions
– Personality
– Belief system
– Relationship with the consumers
Branding:
How does the consumer benefit?
• Functional:
– Identifying the owner to assign responsibility
– Defining expectations
• Emotional:
– Reassurance – feeling of security
– Tribal – sense of belonging
3/18/2022 14
Two Views of A Brand
3/18/2022 15
Buyer
Seller
FIRST PRINCIPLE…
What companies sell &
What consumers buy
Are not the same things…
3/18/2022 16
Exercise:
Write down what you are selling
3/18/2022 17
Seller?
Write down on a
piece of paper…
Charlie Perfume
What they are Selling?
Perfume
What Consumers are buying?
Smelling &
Feeling
Attractive
3/18/2022 18
Pepsodent
What they are Selling?
Toothpaste
What Consumers are buying?
Reassurance
Of Oral
Protection
from Germs
3/18/2022 19
Cleartrip.Com
What they are Selling?
Online
Travel
Booking
What Consumers are buying?
Reassurance
of most
competitive
price
3/18/2022 20
Tata Nano
What they are Selling?
The
Cheapest
Car
What Consumers are buying?
Improved life
status
3/18/2022 21
Exercise: Now ask yourself what the
consumer is buying?
3/18/2022 22
Buyer?
Write down on a
piece of paper…
Then, compare with
your first answer…
Four Questions of Brand Building
Who Am I?
• Brand Name
• Heritage
• Category
What can I do
for you?
• Product
Benefits
• Reasons to
believe
How would I
make you feel?
• Emotional
Benefits
• Reasons to
believe
What role do I
play in your life?
• The larger
purpose
• How do I
improve life?
23
Pepsodent Toothpaste
Who Am I?
• Brand Name
• Heritage
• Category
What can I do
for you?
• Product
Benefits
• Reasons to
believe
How would I
make you feel?
• Emotional
Benefits
• Reasons to
believe
What role do I
play in your life?
• The larger
purpose
• How do I
improve life?
24
Who Am I?
• Pepsodent
• Challenger to
Colgate
• Oral health
What can I do
for you?
• Fight against
oral germs
longer
• Clinically
proven
How would I
make you feel?
• Confident that
my family is
well protected.
• Even when
they indulge
What role do I
play in your life?
• Make me a
better mom!
• By allowing
occasional
indulgences
Pepsodent Toothpaste
Who Am I?
• Brand Name
• Heritage
• Category
What can I do
for you?
• Product
Benefits
• Reasons to
believe
How would I
make you feel?
• Emotional
Benefits
• Reasons to
believe
What role do I
play in your life?
• The larger
purpose
• How do I
improve life?
25
Who Am I?
• Pepsodent
• Challenger to
Colgate
• Oral health
What can I do
for you?
• Fight against
oral germs
longer
• Clinically
proven
How would I
make you feel?
• Confident that
my family is
well protected.
• Even when
they indulge
What role do I
play in your life?
• Make me a
better mom!
• By allowing
occasional
indulgences
Pepsodent Toothpaste
Who Am I?
• Brand Name
• Heritage
• Category
What can I do
for you?
• Product
Benefits
• Reasons to
believe
How would I
make you feel?
• Emotional
Benefits
• Reasons to
believe
What role do I
play in your life?
• The larger
purpose
• How do I
improve life?
26
Who Am I?
• Pepsodent
• Challenger to
Colgate
• Oral health
What can I do
for you?
• Fight against
oral germs
longer
• Clinically
proven
How would I
make you feel?
• Confident that
my family is
well protected.
• Even when
they indulge
What role do I
play in your life?
• Make me a
better mom!
• By allowing
occasional
indulgences
Pepsodent Toothpaste
Who Am I?
• Brand Name
• Heritage
• Category
What can I do
for you?
• Product
Benefits
• Reasons to
believe
How would I
make you feel?
• Emotional
Benefits
• Reasons to
believe
What role do I
play in your life?
• The larger
purpose
• How do I
improve life?
27
Who Am I?
• Pepsodent
• Challenger to
Colgate
• Oral health
What can I do
for you?
• Fight against
oral germs
longer
• Clinically
proven
How would I
make you feel?
• Confident that
my family is
well protected.
• Even when
they indulge
What role do I
play in your life?
• Make me a
better mom!
• By allowing
occasional
indulgences
Branding is about delivering INTANGIBLE
benefits
3/18/2022 29
Branding is about delivering INTANGIBLE
benefits
3/18/2022 30
Branding is about delivering INTANGIBLE
benefits
3/18/2022 31
Branding is about delivering INTANGIBLE
benefits
3/18/2022 32
Branding is about delivering INTANGIBLE
benefits
3/18/2022 33
Branding is about delivering INTANGIBLE
benefits
3/18/2022 34
HOW TO BUILD BRANDS?
3/18/2022 35
Brand Building Journey
• Deep understanding of the Competition
• Define the Target Consumers
• Understand Consumer’s Mindset
• Zero in on the Key Consumer Insight
• Define Brand’s Personality & Core Values
• Define Brand’s Benefits (functional & emotional)
• Define the source of authority
• Identify the key differentiator
• Identify the Brand DNA
3/18/2022 36
Hygiene Factors
CATEGORY GENERICS
Key Insight
THE MOST IMPORTANT CONSUMER TRUTH
THAT WOULD DRIVE OUR BRAND
Brand Benefits:
Functional: WHAT THE BRAND DOES
PHYSICALLY
Emotional: HOW THE BRAND MAKES
YOU FEEL
Proofs:
REASONS TO BELIEVE THE
BRAND BENEFITS
Differentiator:
KEY POINT OF DIFFERENCE
FROM COMPETITORS – THE
REASON WHY CONSUMERS
WOULD CHOOSE THE
BRAND
Brand Identifier
HOW THE BRAND IS NOTICED BY
THE SIX SENSES?
Brand Personality
HOW THE BRAND WOULD
BEHAVE?
Brand Essence
DISTILLATION OF THE CORE DNA
Competitive Environment
WHO LOSES IF WE WIN?
Target Consumer
•DEMOGRAPHICS
•LIFESTYLE
•MINDSETS
Brand Values
WHAT WOULD THE BRAND
DIE FOR?
BRANDMAP : Tool to define Brand Positioning
Hygiene Factors
CATEGORY GENERICS
Key Insight
THE MOST IMPORTANT CONSUMER TRUTH
THAT WOULD DRIVE OUR BRAND
Brand Benefits:
Functional: WHAT THE BRAND DOES
PHYSICALLY
Emotional: HOW THE BRAND MAKES
YOU FEEL
Proofs:
REASONS TO BELIEVE THE
BRAND BENEFITS
Differentiator:
KEY POINT OF DIFFERENCE
FROM COMPETITORS – THE
REASON WHY CONSUMERS
WOULD CHOOSE THE
BRAND
Brand Identifier
HOW THE BRAND IS NOTICED BY
THE SIX SENSES?
Brand Personality
HOW THE BRAND WOULD
BEHAVE?
Brand Essence
DISTILLATION OF THE CORE DNA
Competitive Environment
WHO LOSES IF WE WIN?
Target Consumer
•DEMOGRAPHICS
•LIFESTYLE
•MINDSETS
Brand Values
WHAT WOULD THE BRAND
DIE FOR?
BRANDMAP EXERCISE:
THANK YOU
PRANESH.MISRA@BRANDSCAPESWORLDWIDE.COM
39

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Branding Strategy: A customer centric approach by Pranesh Misra

  • 1. DEVELOPING BRAND STRATEGY: A CONSUMER CENTRIC APPROACH TIE INSTITUTE KNOWLEDGE SERIES ON BRANDING & MARKETING MUMBAI, 27 NOVEMBER 2010 3/18/2022 1
  • 2. WHAT IS A BRAND? 3/18/2022 2
  • 3. Brands as signatures have existed for a long time…. 3/18/2022 3
  • 4. Brands as signatures have existed for a long time…. 3/18/2022 4
  • 5. Brands as signatures have existed for a long time…. 3/18/2022 5
  • 6. Brands as signatures have existed for a long time…. 3/18/2022 6
  • 7. Brands as signatures have existed for a long time…. 3/18/2022 7
  • 8. Brands as signatures have evolved over time…. 3/18/2022 8
  • 9. Brands as signatures have evolved over time…. 3/18/2022 9
  • 10. Brands as signatures have evolved over time…. 3/18/2022 10
  • 11. What is a Brand? 3/18/2022 11 “A term, sign, symbol or design, or a combination of these, intended to identify the goods or services of one seller and to differentiate it from those of competitors.” American Marketing Association
  • 13. How Branding Helps the Owner? 3/18/2022 13 • Functional: – Trade Mark - Protection – Copyright and design protection – Simplify product tracing • Symbolic: – Emotions – Personality – Belief system – Relationship with the consumers
  • 14. Branding: How does the consumer benefit? • Functional: – Identifying the owner to assign responsibility – Defining expectations • Emotional: – Reassurance – feeling of security – Tribal – sense of belonging 3/18/2022 14
  • 15. Two Views of A Brand 3/18/2022 15 Buyer Seller
  • 16. FIRST PRINCIPLE… What companies sell & What consumers buy Are not the same things… 3/18/2022 16
  • 17. Exercise: Write down what you are selling 3/18/2022 17 Seller? Write down on a piece of paper…
  • 18. Charlie Perfume What they are Selling? Perfume What Consumers are buying? Smelling & Feeling Attractive 3/18/2022 18
  • 19. Pepsodent What they are Selling? Toothpaste What Consumers are buying? Reassurance Of Oral Protection from Germs 3/18/2022 19
  • 20. Cleartrip.Com What they are Selling? Online Travel Booking What Consumers are buying? Reassurance of most competitive price 3/18/2022 20
  • 21. Tata Nano What they are Selling? The Cheapest Car What Consumers are buying? Improved life status 3/18/2022 21
  • 22. Exercise: Now ask yourself what the consumer is buying? 3/18/2022 22 Buyer? Write down on a piece of paper… Then, compare with your first answer…
  • 23. Four Questions of Brand Building Who Am I? • Brand Name • Heritage • Category What can I do for you? • Product Benefits • Reasons to believe How would I make you feel? • Emotional Benefits • Reasons to believe What role do I play in your life? • The larger purpose • How do I improve life? 23
  • 24. Pepsodent Toothpaste Who Am I? • Brand Name • Heritage • Category What can I do for you? • Product Benefits • Reasons to believe How would I make you feel? • Emotional Benefits • Reasons to believe What role do I play in your life? • The larger purpose • How do I improve life? 24 Who Am I? • Pepsodent • Challenger to Colgate • Oral health What can I do for you? • Fight against oral germs longer • Clinically proven How would I make you feel? • Confident that my family is well protected. • Even when they indulge What role do I play in your life? • Make me a better mom! • By allowing occasional indulgences
  • 25. Pepsodent Toothpaste Who Am I? • Brand Name • Heritage • Category What can I do for you? • Product Benefits • Reasons to believe How would I make you feel? • Emotional Benefits • Reasons to believe What role do I play in your life? • The larger purpose • How do I improve life? 25 Who Am I? • Pepsodent • Challenger to Colgate • Oral health What can I do for you? • Fight against oral germs longer • Clinically proven How would I make you feel? • Confident that my family is well protected. • Even when they indulge What role do I play in your life? • Make me a better mom! • By allowing occasional indulgences
  • 26. Pepsodent Toothpaste Who Am I? • Brand Name • Heritage • Category What can I do for you? • Product Benefits • Reasons to believe How would I make you feel? • Emotional Benefits • Reasons to believe What role do I play in your life? • The larger purpose • How do I improve life? 26 Who Am I? • Pepsodent • Challenger to Colgate • Oral health What can I do for you? • Fight against oral germs longer • Clinically proven How would I make you feel? • Confident that my family is well protected. • Even when they indulge What role do I play in your life? • Make me a better mom! • By allowing occasional indulgences
  • 27. Pepsodent Toothpaste Who Am I? • Brand Name • Heritage • Category What can I do for you? • Product Benefits • Reasons to believe How would I make you feel? • Emotional Benefits • Reasons to believe What role do I play in your life? • The larger purpose • How do I improve life? 27 Who Am I? • Pepsodent • Challenger to Colgate • Oral health What can I do for you? • Fight against oral germs longer • Clinically proven How would I make you feel? • Confident that my family is well protected. • Even when they indulge What role do I play in your life? • Make me a better mom! • By allowing occasional indulgences
  • 28. Branding is about delivering INTANGIBLE benefits 3/18/2022 29
  • 29. Branding is about delivering INTANGIBLE benefits 3/18/2022 30
  • 30. Branding is about delivering INTANGIBLE benefits 3/18/2022 31
  • 31. Branding is about delivering INTANGIBLE benefits 3/18/2022 32
  • 32. Branding is about delivering INTANGIBLE benefits 3/18/2022 33
  • 33. Branding is about delivering INTANGIBLE benefits 3/18/2022 34
  • 34. HOW TO BUILD BRANDS? 3/18/2022 35
  • 35. Brand Building Journey • Deep understanding of the Competition • Define the Target Consumers • Understand Consumer’s Mindset • Zero in on the Key Consumer Insight • Define Brand’s Personality & Core Values • Define Brand’s Benefits (functional & emotional) • Define the source of authority • Identify the key differentiator • Identify the Brand DNA 3/18/2022 36
  • 36. Hygiene Factors CATEGORY GENERICS Key Insight THE MOST IMPORTANT CONSUMER TRUTH THAT WOULD DRIVE OUR BRAND Brand Benefits: Functional: WHAT THE BRAND DOES PHYSICALLY Emotional: HOW THE BRAND MAKES YOU FEEL Proofs: REASONS TO BELIEVE THE BRAND BENEFITS Differentiator: KEY POINT OF DIFFERENCE FROM COMPETITORS – THE REASON WHY CONSUMERS WOULD CHOOSE THE BRAND Brand Identifier HOW THE BRAND IS NOTICED BY THE SIX SENSES? Brand Personality HOW THE BRAND WOULD BEHAVE? Brand Essence DISTILLATION OF THE CORE DNA Competitive Environment WHO LOSES IF WE WIN? Target Consumer •DEMOGRAPHICS •LIFESTYLE •MINDSETS Brand Values WHAT WOULD THE BRAND DIE FOR? BRANDMAP : Tool to define Brand Positioning
  • 37. Hygiene Factors CATEGORY GENERICS Key Insight THE MOST IMPORTANT CONSUMER TRUTH THAT WOULD DRIVE OUR BRAND Brand Benefits: Functional: WHAT THE BRAND DOES PHYSICALLY Emotional: HOW THE BRAND MAKES YOU FEEL Proofs: REASONS TO BELIEVE THE BRAND BENEFITS Differentiator: KEY POINT OF DIFFERENCE FROM COMPETITORS – THE REASON WHY CONSUMERS WOULD CHOOSE THE BRAND Brand Identifier HOW THE BRAND IS NOTICED BY THE SIX SENSES? Brand Personality HOW THE BRAND WOULD BEHAVE? Brand Essence DISTILLATION OF THE CORE DNA Competitive Environment WHO LOSES IF WE WIN? Target Consumer •DEMOGRAPHICS •LIFESTYLE •MINDSETS Brand Values WHAT WOULD THE BRAND DIE FOR? BRANDMAP EXERCISE: