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Example of
VICKS VAPORUB
INSIGHT
Uncovering the true
reasons for consumer
reaction / drive
BELIEFS
Persuade
the
consumer
through existing
and new beliefs
CHOICES
Spur the consumer
to act on beliefs
and active goals
GOALS
Drive
consumer
preference through
goals
Bases of Differentiation
Features
Quality
Premium price
Repeat purchase
Loyalty
Positive word of mouth
Brand Image
Creating a positive brand image takes marketing programmes
that link strong, favourable and unique associations to the
brand ( Keller, 2008)
Brand Association can be formed :
- from direct experience
- from other commercial or nonpartisan sources
- from Word of Mouth
- by assumptions or inferences consumers make
about the brand itself
Strength of Brand Associations
- Brand attributes descriptive features that
characterise a product or service
- Brand benefits personal value and meaning that
consumers attach to product or service attributes
POSITIONING
the
competitors products
USP
Differences to promote
Underpositioning
Overpositioning
Confused positioning
Doubtful positioning
In fact, a company can solve the problem of
mix by utilising the positioning problem
marketing
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Companies
may
think
they
can
reposition
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A Soft Drink
Different from Colas
Intriguing Effect (a Soft Drink in the UN-COLA
Segment)
This is done with the help of perceptual maps that enable us to see
which brands are closer to ours and therefore represent our closest
competitors.
Perceptions or Brand Positions can be changed even if the product is
the same this is known as Brand Repositioning , example
Microsoft
Cadbury,
: Apple,
Starbucks
http://pencilscoop.com/2013/04/5-amazing-examples-of-successful-r
ebranding
It is important to find a position in the consumers perceptual space,
occupy that position and defend it,
example
: MAGGI Noodles
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Loyalty
Attachment
Engagement
Sub-dimensions of
Brand Building
Exercise
Quality
Credibility
Consideration
Superiority
Primary Characteristics
Secondary Features
Product Reliability
Style and Design
Price
Warmth
Fun
Excitement
Security
Social Approval
Self - Respect
User Profile
Purchase and Usage Situation
Personality and Values
History, Heritage and Experiences
Category Identification
Needs Satisfied
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