HTM231 Sp10 Ch08 Branding Suh Hee Choi

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March 22, 2010 (HTM 231) Choi 1 Brands and Branding Brand Identity The outward manifestation of the essence of a corporate brand, product brand, service brand or branded environment (Landor Associates, 2005) Brand Image Consumers’ perceptions about a brand, as reflected by the brand associations held in consumer memory” Brand Association

Transcript of HTM231 Sp10 Ch08 Branding Suh Hee Choi

Page 1: HTM231 Sp10 Ch08 Branding Suh Hee Choi

March 22, 2010 (HTM 231) Choi

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Brands and Branding

Brand Identity

The outward manifestation of the essence of a corporate brand, product brand, service

brand or branded environment (Landor Associates, 2005)

Brand Image

“Consumers’ perceptions about a brand, as reflected by the brand associations held in

consumer memory”

Brand Association

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http://i.imgur.com/rg35g.jpg

Point of Parity (POP)

Benefits that might be shared with other brands in a certain category.

Category points of parity : benefits that consumers expect from a certain product

category (expected product level)

Point of Difference (POD)

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.

_________________’s POP

_________________’s POD

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Four Components of “Destination” Brand Image

(Nepal)

Four Components of Brand Image

(Store)

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