Powerbrands là như thế nào ?
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Transcript of Powerbrands là như thế nào ?
Power Brands
Overview
Definition of a Power Brand
A power brand identifies a company, product or service and has high awareness and recall with customers and is associated with a very successful global company’s.
Advantages of Power Brands • Improved perceptions of
product performance • Greater loyalty • Less vulnerability to
competitive marketing actions
• Less vulnerability to crises
• Larger margins • More inelastic consumer
response • Greater trade cooperation • Increased marketing
communications effectiveness
• Possible licensing opportunities
Power Brands
Power Brands
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND DEPTH
BRAND WEIGHT
BRAND LENGTH BRAND BREADTH POWER
The influence or dominance that a brand has over its category or market (more than just market share)
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND WEIGHT
The stretch or extension that the brand has achieved in the past or is likely to achieve in the future (especially outside its original category)
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND LENGTH
The breadth of franchise that the brand has achieved both in terms of age spread, consumer types and international appeal
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND BREADTH
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND DEPTH
The degree of commitment that the brand has achieved among its customer base and beyond. The proximity, the intimacy and the loyalty felt for the brand.
• Assessing BRAND POWER
Power Brands
Source: Interbrand
BRAND DEPTH
BRAND WEIGHT
BRAND LENGTH BRAND BREADTH POWER
Brand Vision
To build successful brands while your competitors turn their brands into commodities start with a five-step process
Kevin Clancy, Copernicus, Counter Intuitive
Brand Building
• Kevin Clancy Copernicus’s 5 Step Process
Inspirational Vision
Transform- ational
Strategy
Model-Based Marketing Planning
Obsessive Implement-
ation
Diagnostic Metrics
Source: Kevin Clancy, Copernicus, Counter Intuitive
Brand Vision MUST BE: So big, so bold and so audacious that
expressing it – never mind executing it – has a transformational effect. You start to become what you want to be. The dream and the reality fuse.
Source: Kevin Clancy, Copernicus, Counter Intuitive
i.e. YOU NEED A BIG HAIRY VISION
Brand Vision Checklist ü Inspirational & uplifting; it moves people ü Exciting; it gets the blood pumping ü Aspirational; it is barely attainable ü Readable; it is clearly communicated ü Unique/special/different ü Very specific, not general ü Connotes superiority or domination ü Bold and brash; it oozes with confidence ü Causes people to want to invest in/work for the
company or buy the company’s products ü Transformational, revolutionary, not evolutionary
Brand Vision
• Let’s review some published vision statements
• Assign them a college grade from 0 to 100.
Kevin Clancy, Copernicus, Counter Intuitive
Brand Vision
A beverage company “We exist to create value for our shareholders
on a long-term basis by building a business that enhances the company’s trademarks.”
Kevin Clancy, Copernicus, Counter Intuitive
Grade = 63
• Allow Consumers to clearly identify and specify products which genuinely offer added value.
• Deep respect for the way products fit into consumer’s lives = “core” of success
• Consumer Relationship = Loyalty
• Social Changes in their favor
POWER BRANDS
Brand Vision
A beverage experience company “To have bigger brand awareness then
Coca-Cola.”
Source: David Sutton, Zyman Marketing
Big Hairy Audacious Goal
Brand Vision
A technology company “To eclipse IBM as the #1 technology
company in the world.”
Kevin Clancy, Copernicus, Counter Intuitive
Grade = 91
Brand Vision
A gasoline company “We will become the dominant brand in the
service station industry and beyond – with the friendliest, fastest, cleanest stations everywhere – one of the most admired brands on the planet.”
Kevin Clancy, Copernicus, Counter Intuitive
Grade = 96
Top Brands 2010
Nine ways to manage your brand as an asset
1. Formally link business and brand strategy
2. Create a unique and relevant Brand Identity
3. Create a clear and distinct Positioning
4. Extend your brand strategically
5. Build a strategic Brand Architecture
6. Evaluate and align touch points
7. Consistently deliver on your Brand Contract
8. Practice effective global brand management
9. Set the organization up for success
You are welcome to contact Nigel Bairstow at B2B Whiteboard your source of B2B Asia / Pacific marketing advice http://www.linkedin.com/pub/nigel-bairstow/6/41b/726 http://www.b2b.whiteboard.com
http://twitter.com/#!/b2bwhiteboard