Measuring Brand Equity Using Kapferer Model

Measuring Brand Equity Using Kapferer
model
PRODUCT& BRAND MANAGEMENT
What is a brand?
Brands vs. Products
Five Levels of Product
Importance of Brands to Consumers
Importance of Brands to Firms
Brand Equity Concept
Strategic Brand Management
Strategic Brand Management Process
Strategic Brand Management Process
Steps Key Concepts

Mental maps
Identify and establish Competitive frame of reference
brand positioning and values Points-of-parity and points-of-difference
Core brand values
Brand mantra
Plan and implement Mixing and matching of brand elements

brand marketing programs Integrating brand marketing activities
Leveraging of secondary associations
Brand value chain

Measure and interpret Brand audits
brand performance Brand tracking
Brand equity management system
Brand-product matrix
Grow and sustain Brand portfolios and hierarchies
brand equity Brand expansion strategies
Brand reinforcement and revitalization
CHOOSING BRAND ELEMENTS TO BUILD BRAND EQUITY
Criteria for Choosing Brand Elements
• Memorability
• Meaningfulness
• Likability
• Transferability
• Adaptability
• Protectability
Tactics for Brand Elements
• A variety of brand elements can be chosen that
inherently enhance brand awareness or facilitate the
formation of strong, favorable, and unique brand
associations.
– Brand names
– URLs
– Logos and symbols
– Characters
– Slogans
– Packaging
MARKETING IMAGINATION & THE PASSIONPOINT
BRAND POSITIONING & VALUES
Brand Positioning
• Is at the heart of the marketing strategy
• “. . . the act of designing the company’s offer

and image so that it occupies a distinct and
valued place in the target customer’s minds.”
Philip Kotler
Determining a frame of reference
• What are the ideal points-of-parity and points-

of-difference brand associations vis-à-vis the
competition?
• Marketers need to know:
– Who the target consumer is
– Who the main competitors are
– How the brand is similar to these competitors
– How the brand is different from them
Target Market
• A market is the set of all actual and potential
buyers who have sufficient interest in, income
for, and access to a product.
• Market segmentation divides the market into
distinct groups of homogeneous consumers
who have similar needs and consumer
behavior, and who thus require similar
marketing mixes.
• Market segmentation requires making
tradeoffs between costs and benefits.
Criteria for Segmentation
• Identifiability: Can we easily identify the

segment?
• Size: Is there adequate sales potential in the
segment?
• Accessibility: Are specialized distribution outlets
and communication media available to reach the
segment?
• Responsiveness: How favorably will the segment
respond to a tailored marketing program?
Brand Positioning Guidelines
• Two key issues in arriving at the optimal
competitive brand positioning are:
– Defining and communicating the competitive frame
of reference
– Choosing and establishing points-of-parity and
points-of-difference
CREATING PASSIONBRANDS
JUST ANOTHER BRAND OR A PASSIONBRAND
Customer-Based Brand Equity
• Differential effect
– Differences in consumer response
• Brand knowledge
– A result of consumers’ knowledge about the
brand
• Consumer response to marketing
– Choice of a brand
– Recall of copy points from an ad
– Response to a sales promotion
– Evaluations of a proposed brand extension
Sources of Brand Equity
• Brand awareness
– Brand recognition
– Brand recall
• Brand image
– Strong, favorable, and unique brand associations
Customer-Based Brand Equity Pyramid
4. RELATIONSHIPS =
RESONANCE What about you and me?
3. RESPONSE =
JUDGMENTS FEELINGS
What about you?
2. MEANING =
PERFORMANCE IMAGERY What are you?
1. IDENTITY =
SALIENCE
Who are you?
Sub-Dimensions of CBBE Pyramid
LOYALTY
ATTACHMENT
COMMUNITY
ENGAGEMENT
WARMTH
QUALITY FUN
CREDIBILITY EXCITEMENT
CONSIDERATION SECURITY
SUPERIORITY SOCIAL APPROVAL
SELF-RESPECT
PRIMARY CHARACTERISTICS & USER PROFILES

SECONDARY FEATURES PURCHASE & USAGE
PRODUCT RELIABILITY, SITUATIONS
DURABILITY & SERVICEABILITY PERSONALITY &
SERVICE EFFECTIVENESS, VALUES
EFFICIENCY & EMPATHY HISTORY, HERITAGE
STYLE AND DESIGN & EXPERIENCES
PRICE
CATEGORY IDENTIFICATION
NEEDS SATISFIED
From Identity to Reality
Corner No. 1: Ideology
Aspects of Brand
• BRAND IMAGE
– How the brand is now perceived
• BRAND IDENTITY
– How strategists want the brand to be perceived
• BRAND POSITION
– The part of the brand identity and value proposition to be
actively communicated to a target audience
Brand Identity Planning
Extended
core
Brand As Product Brand as Brand As Brand As

Organization Person Symbol
1. Product Scope
1. Organizational 1. Personality 1. Visual
2. Product
Attributes Imagery and
Attributes 2. Brand-
metaphors
2. Local vs. customer
3. Quality/Value
Global relationship 2. Brand
4. Uses Hreritage
5. Users
6. Country
Brand Name BRAND EQUITY IS …
Awareness
Brand
Loyalty
Perceived
Quality
Brand
Associations
The Kapferer Brand Identity Prism
PICTURE OF SENDER
Physique Personality
EXTERNALISATION INTERNALISATION
Relationship Culture
Reflection Self-Image
PICTURE OF RECIPIENT

Measuring Brand Equity Using Kapferer Model

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Measuring Brand Equity Using Kapferer

Steps Key Concepts

Plan and implement Mixing and matching of brand elements

Brand value chain

• “. . . the act of designing the company’s offer

• What are the ideal points-of-parity and points-

• Identifiability: Can we easily identify the

PRIMARY CHARACTERISTICS & USER PROFILES

Brand As Product Brand as Brand As Brand As

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