By: Alexandra Bigley
March 2024
Brand Marketing 101
University of London
School of Business
Summary
PART 1
PART II
PART III
PART IV
PART V
By: Alexandra Bigley
March 2024
PART I
Brand Identity
& Image
Brand Identity
Brand Identity: Unique characteristics that influence a brand’s perceived personality, appearance, and behavior. A brand’s identity encompasses tangible and intangible elements, including its history, name, personality, and visual identity.
Brand Image
Brand Image: How an audience perceives and interprets signals coming from a brand through different touch points. In other words, brand image comes from the audience.
Example: Volvo Brand Identity and Image
Volvo is the IDENTITY. Safe is the IMAGE. Safety is the core purchasing behavior.
Brand Purpose
Brand purpose: a company's reason for being and the things it stands for aside from the usual business goals and objectives.
Brand Purpose: Employee Engagement
Brand Purpose: Company Examples
3 E Model of Value Creation
The three values: Effectiveness, Efficiency, Experience
Effectiveness: Products and services need to be the requisite of quality to be considered, but any value difference is quickly imitated. Like most maturing industries, each product or service delivered is nowhere near the incremental value of the past.
Efficiency: Prices must be competitive to be considered, but with few exceptions it’s not the reason you’re chosen over your closest competitors.
Experience (Key Differentiator):Designing and delivering stimulating differentiated experiences.
Recognize that your product & services only exist to create value for consumers.
PART 1 – Recap
By: Alexandra Bigley
March 2024
PART II
Brand Design
& Delivery
Why Brand Experiences Matter
Brand
‘Why you exist’
A promise
Experience
‘What you do’
The proof
A successful brand experience evokes a positive emotional connection with its audience. Customers go through a range of emotions (like happiness, inspiration or nostalgia) when they interact with a brand, and when the experience is positive, it creates a lasting impact that fosters brand loyalty.
Digital Brand Experiences
The term digital brand experience refers to the overall experience a consumer has with a brand at all digital touchpoints. Those can be for example: website, blog, social media channels, apps, chatbots and augmented reality.
Benefits: More efficient, cost-effective, personalization opportunities, enhances and enriches the experience.
Designing Brand Experiences
Note: Build the brand in the image of the consumer.
Steps to Designing the Brand Experience (the spine of a brand’s customer journey)
Example: The Airbnb Experience
Airbnb's focus on the customer experience is reflected in its range of unique and personalized accommodation options, its user-friendly interface, its commitment to safety and security, and its commitment to innovation.
Signature Pricing + IRONMAN Example
Turn pricing into something that brings the brand to life or that shines a light one the unique aspects or key differentiators of the brand.
Example:
Why Brand Experiences Matter
By: Alexandra Bigley
March 2024
PART III
Brand Leadership & Alignment
Connecting the Dots
Alignment with business, brand, and behavior in the process of creating consumer value.
Business: Organizational purpose, vision, mission, and strategies
Brand: customer value proposition and positioning
Behavior: organizational values, employee value proposition, competency framework, and leadership model.
From Silos to Synchrony
Manage the brand across silos for a consistent customer experience.
Inverted Pyramid customer value model: The opposite of a top down approach. Instead, frontline employees interfacing with customers is at the top followed by supporting functions and management. The frontline is paramount for a positive customer experience.
360 degree feedback is essential for thinking about collaboration across functional silos to ensure a consistent customer experience. Build systems and structures on the back end that to deliver a seamless, on-brand experience.
The sales funnel (awareness, consideration, conversion, loyalty) can be the enemy of building customer-centric brands. Focusing on the customer journey and those different touch points that create the overall experience. Shift from sales perspective to customer perspective.
Brand Portfolio Management
A Branded House serving different customers. A portfolio of products and services.
Different value proposition for the same group of customers.
Map brands inside the organization. Think about their strategic role what customers they serve, and the nature of the promise.
Need to be very clear about what are the segments the different product/service lines are serving.
Each sub-brand needs is different, so establish different personas, while unifying under the Master Brand.
Think about your brands as not just a promise to the customer but as a way of delivering that promise through the organization.
Key Takeaways
Key Takeaways Cont’d