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9
CREATING BRAND EQUITY
Presented by

Marie Ada Angelique de Silva
SSS MMDP
February 7, 2014
Outline
I.

Definition of a Brand, Branding
and Brand Equity
II. The Role of Branding
III. Models for Building Brand Equity
IV. Factors for Building Brand Equity
Starbucks
Globe
Breast Cancer Awareness
Rolex
Dove
WWF
Youtube
What is a brand?
A brand is defined as a name, term,
sign, symbol or design, or a
combination of them, intended to
identify the goods or services of one
seller or group of sellers and to
differentiate them from those of
competitors.
What is branding?
Branding is endowing products
and services with the power of the
brand.
What is branding equity?
Brand equity is the added value
endowed on products and
services, which may be reflected
in the way consumers, think,
feel, and act with respect to the
brand.
What is the power of a
brand?
•
•
•
•

Signals a level of quality
Creates entry barriers
Customers pay higher prices
Competitive advantage
BrandZ: Brand Dynamics Pyramid
Strong Relationship

Bonding
Advantage
Performance
Relevance

Presence
Weak Relationship
Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 9-21
Brand Resonance Model: Pyramid
Stages of Brand Dev’t.

Relationships

Brand Building Blocks
Resonance

Objective
Intense,
active loyalty

Positive,
accessible
reactions

Response

Judgements/
Feelings

Meaning

Performance /
Imagery

Strong, favorable
& unique

Identity

Salience

Deep, broad
brand awareness
3 Drivers for Building
Brand Equity
• Brand elements
• Product, service and accompanying
marketing activities and supporting
programs
• Other associations directly transferred
to the brand by linking it to some
other entity
Brand Element Choice Criteria
• Memorable
• Meaningful
• Likeable
• Transferable
• Adaptable
• Protectable
Secondary Sources of
Brand Knowledge
Managing Brand Equity
• Reinforcement
• Revitalization

Devising a Brand Strategies
• New brand elements for new products
• Apply existing brand elements
• Combination of new and exisiting
Summary
•
•
•
•

Brand … Branding … Brand Equity
Roles of branding
Models for building brand equity
Drivers of brand equity

Creating brand equity increases
product value and strong identity
End

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Chapter 9 creating brand equity

  • 1. 9 CREATING BRAND EQUITY Presented by Marie Ada Angelique de Silva SSS MMDP February 7, 2014
  • 2. Outline I. Definition of a Brand, Branding and Brand Equity II. The Role of Branding III. Models for Building Brand Equity IV. Factors for Building Brand Equity
  • 3.
  • 5.
  • 7.
  • 9.
  • 10. Rolex
  • 11.
  • 12. Dove
  • 13.
  • 14. WWF
  • 15.
  • 17. What is a brand? A brand is defined as a name, term, sign, symbol or design, or a combination of them, intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors.
  • 18. What is branding? Branding is endowing products and services with the power of the brand.
  • 19. What is branding equity? Brand equity is the added value endowed on products and services, which may be reflected in the way consumers, think, feel, and act with respect to the brand.
  • 20. What is the power of a brand? • • • • Signals a level of quality Creates entry barriers Customers pay higher prices Competitive advantage
  • 21. BrandZ: Brand Dynamics Pyramid Strong Relationship Bonding Advantage Performance Relevance Presence Weak Relationship Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 9-21
  • 22. Brand Resonance Model: Pyramid Stages of Brand Dev’t. Relationships Brand Building Blocks Resonance Objective Intense, active loyalty Positive, accessible reactions Response Judgements/ Feelings Meaning Performance / Imagery Strong, favorable & unique Identity Salience Deep, broad brand awareness
  • 23. 3 Drivers for Building Brand Equity • Brand elements • Product, service and accompanying marketing activities and supporting programs • Other associations directly transferred to the brand by linking it to some other entity
  • 24. Brand Element Choice Criteria • Memorable • Meaningful • Likeable • Transferable • Adaptable • Protectable
  • 26. Managing Brand Equity • Reinforcement • Revitalization Devising a Brand Strategies • New brand elements for new products • Apply existing brand elements • Combination of new and exisiting
  • 27. Summary • • • • Brand … Branding … Brand Equity Roles of branding Models for building brand equity Drivers of brand equity Creating brand equity increases product value and strong identity
  • 28. End