This document outlines Keller's Customer-Based Brand Equity (CBBE) model for building brand equity. It discusses how brands convey meanings and benefits to influence consumer choice. Quality experiences and brand resonance can positively impact brand equity. Keller's CBBE model examines how consumer learning, feelings, perceptions and opinions become linked to a brand over time through consistent marketing. The strategic brand management process involves developing brand plans, implementing marketing programs, measuring performance, and sustaining equity.
Brand management is the analysis and planning on how that brand is perceived in the market. Developing a good relationship with the target market is essential for brand management. Tangible elements of brand management include the product itself; look, price, the packaging, etc. The intangible elements are the experience that the consumer has had with the brand, and also the relationship that they have with that brand.Brand management is a function of marketing that uses special techniques in order to increase the perceived value of a product
Brand management is the analysis and planning on how that brand is perceived in the market. Developing a good relationship with the target market is essential for brand management. Tangible elements of brand management include the product itself; look, price, the packaging, etc. The intangible elements are the experience that the consumer has had with the brand, and also the relationship that they have with that brand.Brand management is a function of marketing that uses special techniques in order to increase the perceived value of a product
A brand value chain is a structured approach to assessing the sources and outcomes of brand equity and the manner by which marketing activities create brand value.
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.
A lot more info can be located on my website : https://digibowl.wordpress.com/2016/03/30/what-is-brand-identity-a-closer-look-at-the-brand-identity-prism/
A brand value chain is a structured approach to assessing the sources and outcomes of brand equity and the manner by which marketing activities create brand value.
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.
A lot more info can be located on my website : https://digibowl.wordpress.com/2016/03/30/what-is-brand-identity-a-closer-look-at-the-brand-identity-prism/
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
For too many years marketing and sales have operated in silos...while in some forward thinking companies, the two organizations work together to drive new opportunity development and revenue. This session will explore the lessons learned in that beautiful dance that can occur when marketing and sales work together...to drive new opportunity development, account expansion and customer satisfaction.
No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
Videos are more engaging, more memorable, and more popular than any other type of content out there. That’s why it’s estimated that 82% of consumer traffic will come from videos by 2025.
And with videos evolving from landscape to portrait and experts promoting shorter clips, one thing remains constant – our brains LOVE videos.
So is there science behind what makes people absolutely irresistible on camera?
The answer: definitely yes.
In this jam-packed session with Stephanie Garcia, you’ll get your hands on a steal-worthy guide that uncovers the art and science to being irresistible on camera. From body language to words that convert, she’ll show you how to captivate on command so that viewers are excited and ready to take action.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
The Forgotten Secret Weapon of Digital Marketing: Email
Digital marketing is a rapidly changing, ever evolving industry--Influencers, Threads, X, AI, etc. But one of the most effective digital marketing tools is also one of the oldest: Email. Find out from two Houston-based digital experts how to maximize your results from email.
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Email has the best ROI of any digital tactic
It can be used at any stage of the customer journey
It is increasingly important as the cookie-less future gets closer and closer
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
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Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
Everyone knows the power of stories, but when asked to come up with them, we struggle. Either we second guess ourselves as to the story's relevance, or we just come up blank and can't think of any. Unlocking Everyday Narratives: The Power of Storytelling in Marketing will teach you how to recognize stories in the moment and to recall forgotten moments that your audience needs to hear.
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Understand Why Personal Stories Connect Better
How To Remember Forgotten Stories
How To Use Customer Experiences As Stories For Your Brand
First Things First: Building and Effective Marketing Strategy
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Key Takeaways:
-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
A.I. (artificial intelligence) platforms are popping up all the time, and many of them can and should be used to help grow your brand, increase your sales and decrease your marketing costs.In this presentation:We will review some of the best AI platforms that are available for you to use.We will interact with some of the platforms in real-time, so attendees can see how they work.We will also look at some current brands that are using AI to help them create marketing messages, saving them time and money in the process. Lastly, we will discuss the pros and cons of using AI in marketing & branding and have a lively conversation that includes comments from the audience.
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Attendees will learn about LLM platforms, like ChatGPT, and how they work, with preset examples and real time interactions with the platform. Attendees will learn about other AI platforms that are creating graphic design elements at the push of a button...pre-set examples and real-time interactions.Attendees will discuss the pros & cons of AI in marketing + branding and share their perspectives with one another. Attendees will learn about the cost savings and the time savings associated with using AI, should they choose to.
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1) Romance Your Customers - Retention
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The What, Why & How of 3D and AR in Digital CommercePushON Ltd
Vladimir Mulhem has over 20 years of experience in commercialising cutting edge creative technology across construction, marketing and retail.
Previously the founder and Tech and Innovation Director of Creative Content Works working with the likes of Next, John Lewis and JD Sport, he now helps retailers, brands and agencies solve challenges of applying the emerging technologies 3D, AR, VR and Gen AI to real-world problems.
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Applications of 3D and AR in Digital Commerce,
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Tools to create, manage and publish 3D and AR in Digital Commerce.
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
In this session, Demandbase’s Stephanie Quinn, Sr. Director of Integrated and Digital Marketing, Devin Rosenberg, Director of Sales, and Kevin Rooney, Senior Director of Sales Development will share how sales and marketing shapes their day-to-day and what key areas are needed for true alignment.
2. A brand comes to embody a promise about the
goods it identifies, a promise about quality,
performance, or other dimensions of value, which
can influence consumers' choices among competing
products.
3. Brand can convey six level of meaning (Kotler):
Attribute: durable, prestigious, well engineered, and expensive
Benefits: functional, emotional and self expressive
Values: high performance, safety
Culture: German culture, organized, efficient, high quality
Personality: austere, aggressive, no-nonsense person
4. Quality of experience
Experience economy is a new kind of emerging economy in which increasing
numbers of industrial practitioners find out the importance of capitalizing on
the customer experience (Xu & Chan, 2010).
Competitive environment delivers quality of experience rather than quality of
service (Klaus & Maklan, 2007).
5. There is a relationship between quality of experience
and overall brand equity.
6. Brand Equity
Brand equity refers to the marketing effects or outcomes that accrue to a
product with its brand name. Consumers believe that a product with a well-
known name is better than products with less well known names.
The value of brand equity is the “expected future revenue”.
7. Benefits of Brand Equity:
Enabling buying decisions
Builds Customer Loyalty
Builds Market Share
Protect Market Share
Helps Command Higher Price
Create a Halo Effect
Assists Product, Service and Business Expansion
8. Brand experience is also lead to
positive brand equity
Brand awareness: Consumers are aware of the brand.
Brand recognition: Consumers recognize the brand and know what it
offers versus competitors.
Brand trial: Consumers have tried the brand.
Brand preference: Consumers like the brand and become repeat
purchasers. They begin to develop emotional connections to the brand.
Brand loyalty: Consumers demand the brand and will travel distances
to find it. As loyalty increases so do emotional connections until there is
no adequate substitute for the brand in the consumer’s mind.
Brand Maintenance: Sustain that loyalty and positive brand equity for
years to come.
9. building brand equity with keller’s
Customer-Based Brand Equity model
Keller’s CBBE model is marketing focus
The basic premise of the CBBE concept is that the power of a brand lies in what
customers have learned, felt, seen, and heard about the brand as a result of their
experiences over time.
10. Strategic Brand Management
SBM involves the design and implementation of marketing programs and
activities to build, measure, and manage brand equity.
Strategic brand management process has four main steps:
1- Identifying and developing brand plans
2- Designing and implementing brand marketing program
3- Measuring and interpreting brand performance
4- Growing and sustaining brand equity
11. Identifying and developing brand plans
It clears understanding of what the brand is to represent and how it should be
positioned with respect to competitors.
Brand Positioning Model: Describes how to guide integrated marketing to
maximize competitive advantages.
Brand Resonance Model: Describes how to create intense, activity loyalty
relationships with customers.
Brand Value Chain: Means to trace the value creation process for brands,
to better understand the financial impact of brand marketing expenditures and
investments.
12. Brand Positioning delivers:
Mental maps
Competitive frame of reference
Points-of-parity and points-of difference
Core brand associations
Brand mantra
Positioning requires defining our desired or ideal brand knowledge
structures and establishing points-of-parity and points-of-difference to establish
the right brand identity and brand image.
Positioning Model answers to these questions:
• Who the target consumer is?
• Who the main competitors are?
• How the brand is similar to these competitors?
• How the brand is different from them?
13. Brand Resonance
Ensure identification of the brand with customers and an association of the
brand in customers’ minds with a specific product class, product benefit, or
customer need.
Firmly establish the totality of brand meaning in the minds of customers by
strategically linking a host of tangible and intangible brand associations.
Elicit the proper customer responses to the brand.
Convert brand responses to create brand resonance and an intense, active
loyalty relationship between customers and the brand.
14. Those four steps represent a set of fundamental questions that
customers invariably ask about brands—at least implicitly. The four
questions (with corresponding brand steps in parentheses) are:
Who are you? (brand identity)
What are you? (brand meaning)
What about you? What do I think or feel about you? (brand responses)
What about you and me? What kind of association and how much of a
connection would I like to have with you? (brand relationships)
15.
16. The Brand Value Chain
Stage 1: The brand value creation process begins when the firm invests in a
marketing program targeting actual or potential customers.
Stage 2: The associated marketing activity then affects the customer mind-
set—what customers know and feel about the brand—as reflected by the
brand resonance model
Stage 3: This mind-set, across a broad group of customers, produces the
brand’s performance in the marketplace—how much and when customers
purchase, the price that they pay, and so forth
Stage 4: Finally, the investment community considers this market to arrive at
an assessment of shareholder value in general and a value of the brand in
particular
18. Brand elements:
sometimes called brand identities, are those trademarkable devices that serve to
identify and differentiate the brand. The main ones are brand names, URLs,
logos, symbols, characters, spokespeople, slogans, jingles, packages, and
signage.
Criteria for Choosing Brand Elements:
1. Memorable
Easily recognized
Easily recalled
2. Meaningful
Descriptive
Persuasive
3. Likable
Fun and interesting
Rich visual and verbal imagery
Aesthetically pleasing
4. Transferable
Within and across product categories
Across geographic boundaries and cultures
5. Adaptable
Flexible
Updatable
6. Protectable
Legally
Competitively
19.
20. Designing and implementing brand
marketing program
positioning the brand in the minds of customers and achieving as much brand
resonance as possible.
Brand-building product, pricing, channel, and communication strategies must
be put into place.
21.
22.
23. “The challenge for marketers in building a strong brand
is ensuring that customers have the right type of
experiences with products and services and their
accompanying marketing programs so that the desired
thoughts, feelings, images, beliefs, perceptions,
opinions, and so on become linked to the brand.”
Kevin Lane Keller
24. Branding is built over time by the company supporting its brand
strategy and in everything it does. Therefore all employees must work
as ambassadors of the brand and be consistent in how they present
the brand, Aaker.
Accrue: to increase in value or amount gradually as time passes
Premise: a statement or idea that is accepted as being true
Two questions often arise in brand marketing: What makes a brand strong? and How do you
build a strong brand? To help answer both, we introduce the concept of customer-based brand
equity (CBBE).
What do different brands mean to consumers? and How does the brand knowledge of consumers affect their response to marketing
activity?
The CBBE concept approaches brand equity from the perspective of the consumer— whether the consumer is an individual or an organization or an existing or prospective customer.
A brand has positive customer-based brand equity when consumers react more favorably to a product and the way it is marketed when the brand is identified than when it is not.
A brand has negative customer-based brand equity if consumers react less favorably to marketing activity for the brand compared with an unnamed or fictitiously named version of the product.
ROMI
Return On Marketing Investment
ROMA
Return On Marketing Assets
Points-of-Difference Associations. Points-of-difference (PODs) are formally defined as
attributes or benefits that consumers strongly associate with a brand, positively evaluate, and
believe that they could not find to the same extent with a competitive brand.39 Although myriad
different types of brand associations are possible, we can classify candidates as either functional,
performance-related considerations or as abstract, imagery-related considerations.
Points-of-Parity Associations. Points-of-parity associations (POPs), on the other hand, are
not necessarily unique to the brand but may in fact be shared with other brands. There are three
types: category, competitive, and correlational.
Category points-of-parity represent necessary—but not necessarily sufficient—conditions
for brand choice. They exist minimally at the generic product level and are most likely at the expected
product level. Thus, consumers might not consider a bank truly a “bank” unless it offered
a range of checking and savings plans; provided safety deposit boxes, traveler’s checks, and
other such services; and had convenient hours and automated teller machines. Category POPs
may change over time because of technological advances, legal developments, and consumer
trends, but these attributes and benefits are like “greens fees” to play the marketing game.
Competitive points-of-parity are those associations designed to negate competitors’ pointsof-
difference. In other words, if a brand can “break even” in those areas where its competitors
are trying to find an advantage and can achieve its own advantages in some other areas, the brand
should be in a strong—and perhaps unbeatable—competitive position.
Correlational points-of-parity are those potentially negative associations that arise from
the existence of other, more positive associations for the brand. One challenge for marketers is
that many of the attributes or benefits that make up their POPs or PODs are inversely related.
In other words, in the minds of consumers, if your brand is good at one thing, it can’t be seen
as also good on something else. For example, consumers might find it hard to believe a brand
is “inexpensive” and at the same time “of the highest quality.” Figure 2-6 displays some other
examples of negatively correlated attributes and benefits.
The brand does not have
to be seen as literally equal to competitors, but consumers must feel that it does sufficiently well
on that particular attribute or benefit so that they do not consider it to be a negative or a problem.
Salience: highlight
To
better understand the ROI of marketing investments, however, another tool is necessary. The
brand value chain is a structured approach to assessing the sources and outcomes of brand equity
and the manner by which marketing activities create brand value.44 It recognizes that many
different people within an organization can affect brand equity and need to be aware of relevant
branding effects. The brand value chain thus provides insights to support brand managers, chief
marketing officers, managing directors, and chief executive officers, all of whom may need different
types of information.
The brand value chain has