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Brand Resonance and The Brand Value Chain

brand management chapter 3

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Mehul Nandwana
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100% found this document useful (1 vote)
91 views15 pages

Brand Resonance and The Brand Value Chain

brand management chapter 3

Uploaded by

Mehul Nandwana
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Copyright © 2015 Pearson India Education Services Pvt. Ltd.

CHAPTER: 3
Brand Resonance
and the Brand
Value Chain

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Learning Objectives

• Define brand resonance.


• Describe the steps in building brand resonance.

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Define the brand value chain.
• Identify the stages in the brand value chain.
• Contrast brand equity and customer equity.

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Building A Strong Brand: The Four
Steps of Brand Building
• Brand salience

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Brand performance
• Brand imagery
• Brand judgments
• Brand feelings
• Brand resonance

 
• Brand-building implications

Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e


By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Figure 3.1: Customer-Based Brand
Equity Pyramid

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Salience

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Performance

Describes how well the brand:


• Meets customers’ more functional needs.

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Rate on objective assessments of quality.
• Satisfies utilitarian, aesthetic, and economic customer needs
and wants in the product or service category .

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Imagery
• User profile/imagery

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Purchase and usage situations/imagery

• Brand personality and values

• Brand history, heritage, and experiences

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Judgements
• Quality

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Credibility

• Consideration

• Superiority

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Feelings
Customers’ emotional responses and reactions to the brand.

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


Relate to the social currency evoked by the brand.

Feelings can be:


• Experiential and immediate, increasing in level of intensity.
• Private and enduring, increasing in level of gravity.

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Resonance
• Behavioral loyalty

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Attitudinal attachment

• Sense of community

• Active engagement

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Brand Building Implications

• Customers own the brand

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


• Do not take shortcuts with brands

• Brands should have a duality

 
• Brands should have richness

• Brand resonance provides important focus

Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e


By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Figure 3.2: Subdimensions of Brand
Building Blocks

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Figure 3.5: Brand Value Chain

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
To Sum up...
Implications of brand value chain
• A necessary condition for value creation is a well-funded,

Copyright © 2015 Pearson India Education Services Pvt. Ltd.


well-designed, and well-implemented marketing program.
• Value creation requires more than the initial marketing
investment.
• Allows to estimate shareholder value and the investor
sentiment multiplier through investor analysis and

 
interviews.

Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e


By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob
Copyright © 2015 Pearson India Education Services Pvt. Ltd.
Thank you.

 
Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 4e
By Kevin Lane Keller, Ambi M. G. Parameswaran and Isaac Jacob

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