1. A product is something that is
made in a factory;
a brand is something that is
bought by a customer
Stephen King
2. WHAT IS A BRAND ?
A mental expression of an
‘experience’
offered by a product / service
The experience is colored by our
environment, values, beliefs and needs
3. BRAND AWARENESS
Ability to identify a brand under different
conditions
Brand Recognition
Correctly recognize the brand
Brand Recall
Ability to retrieve the brand from memory
when the product category is mentioned/
thought of
6. BRAND ASSOCIATIONS
Attributes
Descriptive features that characterize a product
service
What we think the product / service is or has and
what is involved in its purchase and use
Product related - performance, service,
product class
Non-product related - price, packaging, user
imagery, intangible imagery
7. BRAND ASSOCIATIONS
Benefits
Values attached to product attributes. What we think the
product can do for us
Functional
Experiential
Symbolic
Perceived quality is a combination of the associated
attributes and benefits that are salient for the brand
Overall impression of the brand / value judgement
based on the cumulative effect of various brand
associations in our mind
8. BRAND MEMORY
Memory and knowledge consist of a set of
Nodes - small centers of stored information
Links - connections between nodes
A node is activated when encoding external
information and storing it or when retrieving
information from our long term memory
Other nodes are switched on depending on
the content and strength of association
9. BRAND IMAGE
Image of the provider of the product / service
and brand
Functional / Hard attributes like size, technology,
process and financial strength
Non-functional / Soft attributes like history,
leadership.
Image of the user
Psychographic - lifestyle, personality, traditional,
modern, sophisticated
Demographic - Age, income, education
10. BRAND MANAGEMENT
Managing the expectation of experience
by :
- Building on those experiences which add
value
- Eliminating those experiences which are
negative
Keeping the brand experience relevant to
changing consumer lifestyles and
expectations, technology and competition.
11. SUCCESSFUL BRANDS
Transcend physical attributes
Take on a distinct character of their own, both
recognizable and reassuring
Build relationships with the consumer
Capture consumer aspirations and fulfill
expectations which in turn creates a bond
Belong to the consumer
25. Lovemarks are a game-breaking
A Lovemark
Lovemarks deliver enduring
is a product, connections between a company, its
people, its brands and its customers
service or
Lovemarks belong to
entity that
people who love them
inspires
Lovemarks are the ultimate premium
profit generators
loyalty beyond
reason
opportunity to reinvent branding
27. LOVEMARKS
LOV
High Love
High Respect
RK
EMA
Advocated
Known for things I care about
BRANDS
Low Love
High Respect
Known for things that are
different
Known for good things
PRODUCTS
Low Love
Low Respect
Known for something
Known
Unknown
FADS
High Love
Low Respect