What Do Brand Mean to Us

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What Brands means to us

Transcript of What Do Brand Mean to Us

Page 1: What Do Brand Mean to Us

What Brands means to us

Page 2: What Do Brand Mean to Us

Corporate Brand & Aim Corporate Brand should:

differentiate the company from its competitors and other

entities in favourable way for itself

should create value for the consumer

Aim: To influence people in a desired way so that the image of

the entity, the sender, will develop as is wished by the sender.

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Everything can be branded Branding is more of creating an identity.

Anything & everything can be branded including: Products

Services

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Everything can be branded Countries

Cities

Individuals (constructing an identity for oneself)

Suonenjoki Darjeeling

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Importance of Brand – Consumer’s View

Brands – 2 way

approach

Sender Focused

(Company)

Consumer Focused

• Sender Focused – Brand Identitye.g. – Facebook, Reality shows

• Consumer Focused – Brand Image

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Brands from Customers View Levy – “people buy things not only for what they can do,

but also for what they mean”

Consumer consumption choice = product utilities + Brand

symbol

E.g. – Nike, Adidas, Puma etc.

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Identity Construction Process Consumer – Need for consumption

Brand + Image/Symbol

Product Utilities

+ve/-ve memory (if +ve memory)

Association with the Brand

Purchase/ Not purchase (if purchase)

Repurchase No Purchase

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Brand relationships live on also after our death

Brand Image

Constructed over time

Process is dynamic and

relationalEarlier

memories

Experiences from multiple

sources

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BRAND COMMUNITIES

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Meaning-

A specialised, non-geographically bound community, based

on a structured set of social relationships among the

admirers of a brand.

e.g. Harley Owners Group

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3 Dimensions of a brand Community

Citroen 2CV-case study

1. Consciousness of a kind- Group of people feel

a collective similarity to another group and feel

they are different from others.

2. Ritual and traditions- The way in which people

greet and welcome one another.

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3 Dimensions of a brand Community

3. Moral obligation-

o The club members share the clubs history and stories from the earlier and what

is expected from its members.

o The members share appreciation and technical solutions of the brand and the

beliefs with the other members of the community

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Factors affecting Consumer’s Brand Image

Culture CompanyConsumer

’s Own Experienc

e

Earlier Images

over Time

Other Important Sources

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Brands as citizen-artists “McDonaldization” of the culture.

o Efficiency- minimization of time

o Calculability- objective should be quantifiable

(e.g., sales) rather than subjective (e.g., taste).

o Predictability- Standardized and uniform services

o Control Through the Substitution of Nonhuman for Human Technology

o The Irrationality of Rationality

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Moral of the Case Important to understand brands from consumer’s perspective

Factors affecting Consumer’s brand image:

o Brand Culture

o Consumer’s own experience

o Company/ Sender

o Earlier images over time

o Other important sources (friends, relatives etc.)

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