branding essentials: understanding, building and developing powerful brands

126
Branding essentials: Understanding, building and developing powerful brands Antonio Monerris Tormo Socio – fundador / Partner Brain

Post on 17-Oct-2014

1.617 views

Category:

Business


0 download

DESCRIPTION

Concepts, thoughts and thesis about branding offered at International Marketing Master of EAE Business of Barcelona. The session intends to define essentials and key ideas about branding

TRANSCRIPT

Page 1: Branding essentials: Understanding, building and developing powerful brands

Branding essentials: Understanding, building and developing powerful brands

Antonio Monerris Tormo Socio – fundador / Partner Brain

Page 2: Branding essentials: Understanding, building and developing powerful brands

Everyone talks about branding but it does not always mean the same thing ...

Page 3: Branding essentials: Understanding, building and developing powerful brands

What is a brand?

Page 4: Branding essentials: Understanding, building and developing powerful brands

BRANDING 2000 Ac

Page 5: Branding essentials: Understanding, building and developing powerful brands

‘An identifying mark burned on livestock…. With a branding iron’

The Oxford English Dictionary

Etymology

Page 6: Branding essentials: Understanding, building and developing powerful brands

Milestones of contemporary culture

Page 7: Branding essentials: Understanding, building and developing powerful brands

Meta - brands

Page 8: Branding essentials: Understanding, building and developing powerful brands

The brand is more than a name

The brand is more than to be identified with a sector or category

The brand is more than a vague assessment of quality, tradition and trust

Page 9: Branding essentials: Understanding, building and developing powerful brands

The brand is more than a corporate denomination, a "trademark", more than just a name with more or less awareness or just a fortunate logo ...

Page 10: Branding essentials: Understanding, building and developing powerful brands

A brand is …

It is a meaningful and structured perception in the consumer's mind, capable of triggering spontaneous associations of ideas that influence the consumer transaction process with a product or service

Page 11: Branding essentials: Understanding, building and developing powerful brands

Memories that support opinions that influence decisions

The brand interferes with consumer value judgments...

Page 12: Branding essentials: Understanding, building and developing powerful brands

A brand is a credible assurance and sets us apart from all the "noise" around us

Page 13: Branding essentials: Understanding, building and developing powerful brands

The primitive function of the brand

To reduce the uncertainty ...

Buying is to decide, deciding is to risk.... It is an experience conflict between desire and fear to frustration

The purchase is "unsafe" in an objective or subjective sense

The brand is primarily and essentially a transactional reassurance

Page 14: Branding essentials: Understanding, building and developing powerful brands

New dimensions of branding

A Commercial Brand = A name, phrase, sign, symbol, or logo OR a combination of these which identifies products or services and differentiates them from the competition

Place Brand = A brand for a specified territory that utilizes branding strategy to add measurable, economic, social and cultural value to cities, regions and countries

(American Marketing Assoc., 2005)

Page 15: Branding essentials: Understanding, building and developing powerful brands

If a brand is not able to evoke a specific idea or value and fails to suggest more than platitudes is an "underdeveloped" Brand

Page 16: Branding essentials: Understanding, building and developing powerful brands

A brand is a relevant & transcendent value

Danone Mission:

o Group DANONE helps people around the world grow, live better and get more out of life through tastier, more varied and healthier food products -every day.

Page 17: Branding essentials: Understanding, building and developing powerful brands

The brand should evoke what psychological and emotional means to me in the physical transaction ... It is not the name of the offer, it is the memorable evocation of what it means to me.

Page 18: Branding essentials: Understanding, building and developing powerful brands

Why doing branding?

A strong brand: o Provides memorability

o Helps selling products

o Allows a "price gap"

o protects you from the competition

o Improves the efficiency of marketing and communication

o It is an intangible value and profitable asset

Page 19: Branding essentials: Understanding, building and developing powerful brands

Brand functional business Task

To facilitate economic or persuasive transactions in a relational security environment, optimizing receiver satisfaction and increasing the value of the active agent in the transaction

Page 20: Branding essentials: Understanding, building and developing powerful brands

The brand is the will to become and to mean something in the consumer's mind

The brand should always be a proposition

Page 21: Branding essentials: Understanding, building and developing powerful brands

What are the implications of doing "branding"?

Branding involves a "long-term plan" to build and maintain a distinctive, positive and a competitive reputation both internally and externally.

It Only could be achieved through a harmonized and a conscious strategic approach.

Page 22: Branding essentials: Understanding, building and developing powerful brands

... Like people, brands reach their fullness when they are self-defined and have unique references

Page 23: Branding essentials: Understanding, building and developing powerful brands

The needs pyramid

Physiological needs

Safety

News. Socials

Self Esteem (Ego needs)

Self-fulfillment

Hygienic Factors

Social factors

MASLOW HERZBERG

Page 24: Branding essentials: Understanding, building and developing powerful brands

The pyramid of differentiation

Trustworthy

Healthy

Good Value

Tradition

High Quality

Cares about costumers

Trendy Carefree

Friendly

Prestigious Original Stylish

Different Distinctive

A Leader

High Performance

Progressive Dynamic Innovative

SUBSTANCE

EMOTION

ENERGY

VIEW

WISDOM

Unique

Reliable

Page 25: Branding essentials: Understanding, building and developing powerful brands

Branding Tool Box :

Page 26: Branding essentials: Understanding, building and developing powerful brands

Fundamentals of “critical brand performances”

Brand Entity

Brand Channels Brand Outputs

Page 27: Branding essentials: Understanding, building and developing powerful brands

Strategic Arquitectural Model cornerstones

Brand intelligence: o Defining brand entity & self

o Management of perceptual dimensions

Brand Outputs o Outputs transactions through which the brand achieves its

deliverable as brand and meets expectations

Brand Channels: o The path that connects the brand to establish dialogue and

links

Page 28: Branding essentials: Understanding, building and developing powerful brands
Page 29: Branding essentials: Understanding, building and developing powerful brands

… Becoming Arquitectural cornerstones

Brand Entity

Brand Channels Brand Outpus

Attractiveness and

emotional bondings

Belonging & engagement

Satisfaction, consistency

Tangible & transactional

Delivery

“Stickiness”

Cognitive presence &

Decision making conditioning

Transactional performance

Page 30: Branding essentials: Understanding, building and developing powerful brands

Brand development models

Page 31: Branding essentials: Understanding, building and developing powerful brands

Brand FOUNDATIONS

Brand DELIVERY

Brand SELF

Page 32: Branding essentials: Understanding, building and developing powerful brands

Brand FOUNDATIONS

SUBSTANCE The elements of the tangible reality of the brand and contextual issues that may influence their performance.

Page 33: Branding essentials: Understanding, building and developing powerful brands

Brand DELIVERY

THE FACTS The promise that the brand makes the consumer. The power to generate business for the company through a different proposal that is relevant in the consumer's mind.

Page 34: Branding essentials: Understanding, building and developing powerful brands

Brand SELF

THE MEANING The deepest value of the brand (symbolic and metaphorical) with ability to connect with the mind and life of the consumer.

Page 35: Branding essentials: Understanding, building and developing powerful brands

BR

AN

D

FO

UN

DA

TIO

NS

BR

AN

D

DELIV

ER

Y

BR

AN

D S

ELF

Brand Facts

Psychological Insights

Competitive Set

Brand Ownables

Functional Delivery

Emotional Delivery

Reason Why

Core Values

Brand Essence

Brand Personality

Critical Point of difference

Page 36: Branding essentials: Understanding, building and developing powerful brands

1. ATTRIBUTES, CHARACTERISTICS AND KEYWORDS

Brand Essence Building

2. FUNCTIONAL BENEFITS

5. Ownables

3. EMOTIONAL BENEFITS

4. PROJECTIVE FACTORS

6. Personality

8. Core Values

7. Key brand Benefit

Page 37: Branding essentials: Understanding, building and developing powerful brands

The culmination of the development efforts of the brand, it is related to the customer experience

knowledge knowledge

Esteem Esteem Reputation, respect and consideration for the consumer: it relates to the fulfillment of the promise perceived by the consumer

relevance relevance How appropriate is the brand for consumers. It relates to the use and integrates the 5 P of the marketing mix, it is directly related to the sale

differentiation differentiation The reason for the brand. The base consumer choice

Brand stature

Brand vitality

How do we build brands?

Page 38: Branding essentials: Understanding, building and developing powerful brands

D R E K

D R E K

D R E K

High

Low

High Low

Declining

Leadership

D R E K New

Niche

BRAND DIMENSION

(Esteem and Familiarity)

BR

AN

D V

ITA

LIT

Y

(Dis

tin

ctio

n a

nd

Rel

evan

ce)

Challenger

Mistaken

Process of growth and brand crisis

Page 39: Branding essentials: Understanding, building and developing powerful brands

Brand Portfolio Management

Page 40: Branding essentials: Understanding, building and developing powerful brands

Vertical Structure

+ abstract

Brand self

+ material

Brand Output intensive

Benefit segment

applicable

Page 41: Branding essentials: Understanding, building and developing powerful brands

Brand Extension

.

Brand Umbrellisation

Brand Endorsement

Sub-brand has the control. Core brand Has the control.

Sub-brand has the control.

BRAND

Page 42: Branding essentials: Understanding, building and developing powerful brands

MARS (Energy)

Brand Extension

BONNE MAMAN

(Nostalgia)

NIVEA

(Care)

Page 43: Branding essentials: Understanding, building and developing powerful brands

KINDER (Healthy indulgence)

Brand Umbrellisation

GILLETTE (High Technology)

Page 44: Branding essentials: Understanding, building and developing powerful brands

Brand Endorsement

CRUNCH (Crunch)

NESQUIK (Fun)

« Caring »

Page 45: Branding essentials: Understanding, building and developing powerful brands

Health

Kids/ Teens

Health

Healthy

Deserts

Basic

Health

Active

Health

Growth

Guardian angel Best yogurt in

the world

Don’t Stop

Champions

Healthy

Snack

It recharges

you

Danone bodies

You will work

better

It renews you

It protects your

defenses

Energy to eat up

llife

Restoration of

traditions

It provides

you more

Smoothness

Low acidity

Selected fruit

Enjoy taking care

of yourself

With the Master’s

secret

Page 46: Branding essentials: Understanding, building and developing powerful brands

Corporate &

Umbrella

brand

Refrigerated

Pescafresca-Pizzanova

Frozen Meals

ingredient Dish

Brand

+

descriptor

Concept

& V

alu

e

Appreciatory and identifying concepts Sub-brands

Page 47: Branding essentials: Understanding, building and developing powerful brands

EMOTALK

Page 48: Branding essentials: Understanding, building and developing powerful brands

"People like to feel ... whatever it is”

Virginia Wolf

Page 49: Branding essentials: Understanding, building and developing powerful brands

... any rational decision to be operational involves emotions or "concerns". No decision can be fully objective and emotional or sentimental involvement

Page 50: Branding essentials: Understanding, building and developing powerful brands

any proposal for the leading brands (cognitive & persuasive) should be linked to a relevant field of emotional impact helping to establish a lasting connection with consumers

Page 51: Branding essentials: Understanding, building and developing powerful brands

Propietary emotion Appropriate emotion/ significant / agent of purpose

Argumentative Structures Deliveries – benefits – Structures or concepts

Cognitive Foundations Attributes – meaning links– “evidences”

Page 52: Branding essentials: Understanding, building and developing powerful brands

direct involvement with experiences of onself or others vulnerability

Page 53: Branding essentials: Understanding, building and developing powerful brands

The radiant health - self-image is important in connection with the need for self-esteem, acceptance and achievement

Page 54: Branding essentials: Understanding, building and developing powerful brands

Intestinal transit connects with feelings of bodily discomfort, stress, anger and discomfort associated with constipation

Page 55: Branding essentials: Understanding, building and developing powerful brands

growth and parental satisfaction connected with emotions that lead to protection, care and expectations of achievement

Page 56: Branding essentials: Understanding, building and developing powerful brands

Do we manage fear and the sense of vulnerability?

Page 57: Branding essentials: Understanding, building and developing powerful brands

Do we know how to manage the joy and extraversion, the feeling of achievement and progress about themselves or others?

Page 58: Branding essentials: Understanding, building and developing powerful brands

Do we know how to talk with the feelings of the consumer?

Page 59: Branding essentials: Understanding, building and developing powerful brands

Brand Belief Power

The views of successful brands connect with fundamental human emotions and truths

Page 60: Branding essentials: Understanding, building and developing powerful brands

We need an inclusive and inspiring brand idea

Page 61: Branding essentials: Understanding, building and developing powerful brands

Virgin

Believes that the interests of ordinary people are abused by big, faceless, monopolistic corporations

Stands up for the little guy …and has a bit of fun in doing so

Page 62: Branding essentials: Understanding, building and developing powerful brands

Colgate

Believes that people can face the world with more confidence if they know they have a healthy mouth

Uses the power of scientific knowledge to keep your mouth in perfect health

Page 63: Branding essentials: Understanding, building and developing powerful brands

Apple

Apple believes the power of individuality should triumph

So its entire culture is designed to challenge the traditional way

Page 64: Branding essentials: Understanding, building and developing powerful brands

Mercedes

Mercedes believes that precision is the key to control in life

It sets the quality standard for German engineering in the cars it builds

Page 65: Branding essentials: Understanding, building and developing powerful brands

BMW

BMW believes life should be lived with heightened emotions

So it strives to create the ultimate driving pleasure

Page 66: Branding essentials: Understanding, building and developing powerful brands

Sony

Sony believes that we are all dreamers who like to let our imagination play

It designs products to ensure the ‘play’ button delivers entertainment that is always a few steps ahead of your imagination

Page 67: Branding essentials: Understanding, building and developing powerful brands

Body Shop

Believes that cosmetics industry has become a parody of the selfish Superficiality of the well-to-do

So it embraces a down to earth, societally conscious approach to be more inclusive

Page 68: Branding essentials: Understanding, building and developing powerful brands

... It is time to move into action

Page 69: Branding essentials: Understanding, building and developing powerful brands

"In the factory we manufacture products, in the stores we sell hope“

Charles Revson , fundador de Revlon

Page 70: Branding essentials: Understanding, building and developing powerful brands
Page 71: Branding essentials: Understanding, building and developing powerful brands

Behind Starbucks there is a powerful theory

Third place theory o Working ... Home .. and Starbucks

o A romantic -evocative touch

o affordable Luxury

o An urban oasis

o Casual social interaction

A fully reinvention of coffee experience

A total experience of 360 º, capable of enriching people ("personal growth")

An ideology by itself, which imposes itself as a reference point

Page 72: Branding essentials: Understanding, building and developing powerful brands

The centrality of the consumer is the key today …and it means "visualize" a more demanding consumer, impulsive and obsessed with getting more value for money

Page 73: Branding essentials: Understanding, building and developing powerful brands

How can we renovate or reinvent our relationship?

Page 74: Branding essentials: Understanding, building and developing powerful brands

Key areas

sensation

Sentiment

thought

action

relationship

Page 75: Branding essentials: Understanding, building and developing powerful brands

Sensation

Page 76: Branding essentials: Understanding, building and developing powerful brands
Page 77: Branding essentials: Understanding, building and developing powerful brands

provocative power of the surfaces

“The substance of style”

Page 78: Branding essentials: Understanding, building and developing powerful brands

Sentiment

Page 79: Branding essentials: Understanding, building and developing powerful brands

It's about creating "feeling"

Suggestion that evokes a feeling, an emotion

Through product design and space

With Settings that evoke a feeling ... A Mood ... An emotion…

Page 80: Branding essentials: Understanding, building and developing powerful brands

Ampelmannchen Nostalgia

Page 81: Branding essentials: Understanding, building and developing powerful brands

Soup feeling

Page 82: Branding essentials: Understanding, building and developing powerful brands

Thought

Page 83: Branding essentials: Understanding, building and developing powerful brands

New ideas that illuminate a new vision

"You have thought ..."

"We believe that ..."

“You should be able to …”

Page 84: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 85: Branding essentials: Understanding, building and developing powerful brands

Action

Page 86: Branding essentials: Understanding, building and developing powerful brands

Suggest an active change ...

It invites us to live a change

it proposes physical changes that change our view

it proposes new behaviors or lifestyles

it calls to action.

Page 87: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Adidas, impossible is nothing

Page 88: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Decathlon : try it, do it

Page 89: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Gillette : Change your idea of shaving

Page 90: Branding essentials: Understanding, building and developing powerful brands

Relationship

Page 91: Branding essentials: Understanding, building and developing powerful brands

It suggests new relationship alternatives

It allows or changes the way you relate to others

It involves connecting with other people

It provides a sense of belonging

It Creates user communities

Page 92: Branding essentials: Understanding, building and developing powerful brands

Palm Tugsten... Blackberry

Page 93: Branding essentials: Understanding, building and developing powerful brands

Harley Davidson

Page 94: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Cirque de Soleil

Page 95: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 96: Branding essentials: Understanding, building and developing powerful brands

Dove ... “Real beauty”

Page 97: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 98: Branding essentials: Understanding, building and developing powerful brands
Page 99: Branding essentials: Understanding, building and developing powerful brands

Apple challenges IBM ... 1984

Page 100: Branding essentials: Understanding, building and developing powerful brands
Page 101: Branding essentials: Understanding, building and developing powerful brands
Page 102: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

•“Customer centrics”

•Own brand to the limit

•Service

•There is only one

manager... The

Consumer

•Devoted ... Trained...

Totally client focussed

Page 103: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 104: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 105: Branding essentials: Understanding, building and developing powerful brands

| VINIZIUS/ YOUNG & RUBICAM

Page 106: Branding essentials: Understanding, building and developing powerful brands

Challenges and opportunities for the future

Inside-Out branding & consumer empowerment

Page 107: Branding essentials: Understanding, building and developing powerful brands

"Today the brands are the people"

The emerging role of social media and consumer involvement in configuring and managing brands.

Page 108: Branding essentials: Understanding, building and developing powerful brands

The unique power is the preference.

Based on ties and relations that allow us to anticipate desires and preferences.

108

Page 109: Branding essentials: Understanding, building and developing powerful brands

We live in a new world in which John Lennon and Mercadona (almost) say the same: Power to the People.

109

Page 110: Branding essentials: Understanding, building and developing powerful brands

Making Consumer an essential part of the being and living brands is the only way to counteract an environment "unpowered".

110

Page 111: Branding essentials: Understanding, building and developing powerful brands

The power of brands is in complete and continuous intimacy with consumers

111

Page 112: Branding essentials: Understanding, building and developing powerful brands

How will these brands be based on "Understanding & empathy for people"?

112

Page 113: Branding essentials: Understanding, building and developing powerful brands

open structures constantly changing

They will be flowing, transiting, processing and constant updating.

Brands will be an open source.

113

Page 114: Branding essentials: Understanding, building and developing powerful brands

To hear and understand is not enough. It is imperative to turn that into active listener.

114

Page 115: Branding essentials: Understanding, building and developing powerful brands

Openness, sharing, peering…

The new corporate paradigm

Page 116: Branding essentials: Understanding, building and developing powerful brands

eleven propositions for a renewed framework of branding Being authentic, being unique, being shared:

Page 117: Branding essentials: Understanding, building and developing powerful brands

The brand is the will of being and meaning something in the consumer's mind.

Brands should always be a proposition, related to a meaningful insight

Page 118: Branding essentials: Understanding, building and developing powerful brands

If a brand is not able to invoke a specific idea or value and it fails to suggest more than fuzzy things, it becomes an "underdeveloped" brand. Meaningless awareness is a waste of money.

Page 119: Branding essentials: Understanding, building and developing powerful brands

Branding of a city should involve a "long-term plan" to build and maintain a distinctive, positive and competitive perceptions, both internally and externally.

Page 120: Branding essentials: Understanding, building and developing powerful brands

The mastery of branding is knowing to laddering from matter into meaning

Page 121: Branding essentials: Understanding, building and developing powerful brands

…We should believe in the power of brand beliefs: because the views and beliefs of successful brands connect with fundamental human emotions and truths.

Page 122: Branding essentials: Understanding, building and developing powerful brands

People actively shape brands today. Participation and social networks are essential in shaping and managing brands.

Page 123: Branding essentials: Understanding, building and developing powerful brands

Knowledge and empathy for people is the only thing that cannot be copied, manufactured or become a commodity

123

Page 124: Branding essentials: Understanding, building and developing powerful brands

brands might become demobrands:

spaces constantly meeting and dialoguing with public. Demobrands that can be defined as "meanings in common", in which the owner of the brand and its target co-manage the shared meanings.

Page 125: Branding essentials: Understanding, building and developing powerful brands

The branding of a city is also a lightweight form of power and influence. It is a kind of "soft power“, because it allows to seduce wills without coercion; a very important form of power in a multilateral and fragmented world

Page 126: Branding essentials: Understanding, building and developing powerful brands

“The love you get is equal to the love you give”