Chapter 3 465
Chapter 3 465
Chapter 3 465
Brand Resonance
and Brand Value
Chain
4. RELATIONSHIPS =
What about you and me?
3. RESPONSE =
What about you?
2. MEANING =
What are you?
1. IDENTITY =
Who are you?
Sub-Dimensions of CBBE
Pyramid
LOYALTY
ATTACHMENT
COMMUNITY
ENGAGEMENT
WARMTH
QUALITY FUN
CREDIBILITY EXCITEMENT
CONSIDERATION SECURITY
SUPERIORITY SOCIAL APPROVAL
SELF-RESPECT
CATEGORY IDENTIFICATION
NEEDS SATISFIED
Resonance
• Intense Active Loyalty
•Apple Lifestyle &
Communities
• Apple Collectors/ Aficionados
Judgments
• High Quality (Precision &
Engineering)
• Innovation • Cutting Edge Feelings
Technology • Social Status • Customer
• Quality at the premium price Satisfaction • Feeling Proud,
• Product Centric Comfortable, Satisfied
Performance
• Greater Support for Multi Imagery
Tasking •Smooth User Experience • Human Silhouette • White
• User Friendly • Speed • Exclusivity • Shell Shape •
Performance Translucent Pearl White
• Unique Operating System • •Steve Jobs
High Price
• Serviceability • Long Lasting Salience
APPLE – THINK DIFFERENT
Ipod, Macbook, Ipad, I Tunes
Brand Building Blocks
Brand Salience
• Breadth & Depth of awareness
• Product Category Structure
Excitement
Competence
Sophistication
Ruggedness
Sincerity
Excitement
Competence
Sophistication
Ruggedness
Examples Brand
Personality Sincerity
Excitement
Competence
Sophistication
Ruggedness
Examples Brand Personality
Sincerity
Excitement
Competence
Sophistication
Ruggedness
Judgment Dimensions
•Brand quality
• Value
• Satisfaction
•Brand credibility
• Expertise
• Trustworthiness
• Likeability
Feelings Dimensions
• Warmth
• Fun
• Excitement
• Security
• Social Approval
• Self-respect
Resonance Dimensions
•Behavioral loyalty
• Frequency and amount of repeat purchases
•Attitudinal attachment
• Love brand (favorite possessions; “a little pleasure”)
• Proud of brand
•Sense of community
• Kinship
• Affiliation
•Active engagement
• Seek information
• Join club
2.22
• Visit website, chat rooms
The Brand Value Chain
Value stages
Marketing Program Investment
• Any marketing investment that can contribute to the
value of the brand.
• Its success is enhances by the multipliers
Associations (Image)
Attitude (Intention;
Acceptability)
Activity (WOM)
27
Marketplace conditions multiplier
Competitive superiority: how effective are
the marketing investments of competing
brands
Channel and other intermediary support:
how much brand reinforcement and selling
effort is being put forth by the marketing
partners
Customer size and profile: what types of
customers are attracted to the brand
Market Performance
Price Premiums and Elasticity
How much extra are consumers willing to spend on the product because of
the brand?
Effect of price on demand
Market share
Whether marketing programs are increasing sales
Brand Expansion
Brand extensions become easier
Adds enhancements to revenue systems
Cost Structure
Reduced Marketing Expenditure????
All efforts are likely to be more effective
Same effectiveness can be achieved at lower cost
Brand Profitability
Investor sentiment
multiplier
•Market Dynamics
• Interest rates, supply of capital
•Growth Potential
• Prospects of brand
• Prospects of industry
• PEST
•Risk Profile
• How vulnerable is the brand
•Brand Contribution
• How important is the brand to the firm’s
portfolio