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MM6016 BRANDING AND MARKETING COMMUNICATION

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Presentation on theme: "MM6016 BRANDING AND MARKETING COMMUNICATION"— Presentation transcript:

1 MM6016 BRANDING AND MARKETING COMMUNICATION
BRAND AUDIT & BRAND RESEARCH Master of Business Administration School of Business and Management Institut Teknologi Bandung

2 Definition Keller (2008, p. 126): “Brand audit is a comprehensive examination of a brand to discover its sources of brand equity”

3 Concept of Brand Audit External-oriented Customer-focused
Assess the health of the brand Uncover the sources of brand equity Suggest ways to improve and leverage the brand equity

4 Brand Audit Perspective
A brand audit reguires understanding sources of brand equity from the perspective of both the firm and the consumer. The Firm perspective It is necessary to understand exactly what product and services are currently being offered to the consumer and how they are being marketed and branded The Consumer perspective It is necessary to dig deeply in their minds and tap perceptions and beliefs to uncover the meaning of brands and products

5 Brand Audit Steps Keller (2008):
Brand Inventory  provide a current, comprehensive profile of how all the products and services sold by a company are marketed and branded Brand inventory analysis includes the following descriptions: The names, logos, symbols, characteristic, packaging, slogans, or other trademark used The inherent product attributes or historical characteristics of the brand and pricing, communications, distribution policies, and any other relevant marketing activity related to the brand

6 Brand Audit Steps 2. Brand Exploratory  provide detailed information about what consumers think of the brand. Brand exploratory is reserach acitivity designed to identify potential sources of brand equity. Activities that useful for brand exploratory are : Reviewing past studies Interviewing relevant personnel to get some insight. Do qualitative and quantitave research for the wide range

7 By Keller Based on above figure, The data in brand inventory, will help brand flush out the bottom left quadrant and tell the position of brand are claiming out there in the world The data in brand exploratory, will help brand fill out the top two slices of the piece, telling the brand position by customers currently think and what customer value for the brand

8 Brand Audit Worksheets
MM6016 Branding and Marketing Communication Brand Audit Worksheets

9 Types of Worksheets Market Analysis Target Audience
Competitive Analysis Point of Differentiation (POD) Brand Traits Brand Positioning Brand Message Brand Credentials Marketing Communication Brand Measurement

10 180MM subscribers, 9 million web users (53% between 18 and 27),
+9.3% growth yoy, QWERTY market Internet penetration doubled in the past 4 years (45% mail, 45% social media & chat, 10% browsing) Applications on smartphones (ala I-Phone) Community formation (BB communities) XXX Million USD per year Practical, useful, worthwhile, easy to get & cheap applications on smartphones

11 Media Segmentation Data In Depth Interviews Focus Group Discussion
Source of data: Cluster Analysis Media Segmentation Data In Depth Interviews Focus Group Discussion

12 TV (main) Magazine Radio Mobile Social network Male 15-25 yo SEC A/B Live in top cities Techno savvy Progressive Want to be the best 5MM people Electronics malls Certified dealers TV (main) Magazine Mobile Social network Female 15-25 yo SEC A/B Live in top cities High mobility Design vs feature Social networking Function #1 Electronics malls Certified dealers 5MM people

13 Rp.1.5 (C class) Nokia -6M 500K users (+3000 per day) Rp.4-6M
49% of cellphone category 86% of smartphone category Rp.1.5 (C class) -6M Nokia Blackberry 500K users (+3000 per day) Rp.4-6M 80K users IPhone Rp.6-8M

14 Result of Discriminant Analysis
the factors analysis!

15 Trusted brand? User friendly? NOKIA Cheap internet connectivity Trend following Blackberry Young, hip & cool Exclusivity Interesting Applications Iphone

16 Result of study on brand character association variables
Brand Character that is in line with the brand strategy

17 Smart X Trendy Cool Efficient The Pioneer X A trusted friend

18 Qualitative Assesment of Communication Assetss
Source of data: Qualitative Assesment of Communication Assetss

19 Real time, Instant Access & connectivity Blackberry
Smart phones Touch/QWERTY, camera, Internet Sleek design User friendly interaction NOKIA Only Nokia Human technology enables you to get more out of life. Internet connection (push , Social networking, browsing) BB messaging Real time, Instant Access & connectivity Blackberry Touch screen , Camera , Internet Unique & Free Applications Personal music organizer Iphone

20 Brand Message Worksheet
Product : Brand : Target Audience: What the target thinks now: What we want them to think: Core brand message : The message that will change their behavior/perception RTB: The claim support/reason to believe that brand can deliver the message

21 Brand Message Worksheet
Product : Smart Phone Brand : Nokia Target Audience: Young Urbanites What the target thinks now: What we want them to think: Nokia is the real people connector. Core brand message : RTB:

22 Historical tracking of brand’s good credentials

23 Based on media budget tracking.
Should also be done on competitors as a comparison

24 Brand Health Scorecard
Source of data: Retail Data Brand Health Scorecard Household Panel data

25 Brand Measurement Worksheet
Oct 09 Nov 09 Dec 09 Jan-10 Feb-10 Sales (MM USD) 121 111 100 156 188 Distribution 89 90 Market Share 9%  8.9% 8.6% 9.2% 9.5% Market Price 18999  19001 19201 16700 15900  Complaints 10  12 9 Awareness 80%  80% 84% Brand Preference Perceived Quality Perceived Value Perceived Difference Customer Satisfaction Purchase Intent Repurchase Intent Willingness to refer Loyalty 10% 9% 8% 10.5% 11%

26 MM6016 Branding and Marketing Communication
Brand Research

27 Objectives Assess customer perception about brand Assess brand health
Assess brand competition Assess brand potentials Assess market opportunities Evaluate brand innovation Etc

28 Brand Research Steps Formulate Research Problems and Objectives
Conduct Explorative Study Prepare Field Study Conduct Data Collection Conduct Data Analysis Conclusion and recommendation

29 Example: Sunsilk Co-Creation (1)
Sunsilk launched the co-creation formulas for shampoo and hair care in 2009. Objective: to strengthen Sunsilk images Problem: To what extent perception toward Sunsilk Co-Creation influences the image of Sunsilk? Research Problem Literature study on brand extension and consumer’s perceptions of consumer goods In-depth interview with Sunslik Senior Brand Manager and FGD with Sunsilk target market. Objectives: to identify important attributes for survey research Exploratory Study Design questionnaire Determine population Design sampling method Determine sample size Design data collection and analysis Field Study Design Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

30 Example: Sunsilk Co-Creation (2)
Questionnaire variables: Sunsilk as a brand which give beautiful hair result Sunsilk as a brand that solves various hair problems Sunsilk as a brand that gives visible result to the users Sunsilk as a trusted brand Sunsilk as a modern brand Sunsilk as a brand that makes its users feels confident with their hair Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

31 Example: Sunsilk Co-Creation (3)
Respondent Data Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

32 Example: Sunsilk Co-Creation (4)
Respondents’ Perceptions Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

33 Example: Sunsilk Co-Creation (5)
T-Test of Mean Differences Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

34 Example: Sunsilk Co-Creation (6)
Regression Analysis Y = (0.017 x X1) + (0.670 x X2) Y = Overall perception of ability to solve all hair problems of Sunsilk after Co-Creation X1 = Perception of Sunsilk X2 =Perception of Sunsilk Co-Creation Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

35 Example: Sunsilk Co-Creation (7)
Conclusions “Sunsilk Co-creation significantly affects respondents’ perceptions toward Sunsilk, the strongest one is about its ability to solve all hair problems” Recommendations Sunsilk can maximize this opportunity by adding well-known brand ingredient to its product or doing ingredient branding. Adding a well known hair experts, preferably Indonesian hair expert, to be a ‘local ambassador’ of Sunsilk in Indonesia Source: Anjani, A.H., ANALYSING INFLUENCE OF SUNSILK CO-CREATION TOWARD PERCEPTION OF SUNSILK IN BANDUNG, Undergraduate Final Project, School of Business and Management, Institute of Technology Bandung

36 Example: Rolex Brand Audit (Keller, 2008, p.132-137)
History Brand Inventory Product related attributes Rolex brand portfolio Communication, pricing and distribution Brand Exploratory Customer knowledge Sources of brand equity Ambassadors Sports & culture Philanthropy CBBE Counterfeiting: threat to equity Recommendations Introduce new design Connect with female customers Attack the counterfeit industry Understand younger consumers Communicate long-term value

37 Example : Calvin Klein Brand Audit
Brand inventory Target market : The consumer who is “14 to 50 years old and desires modern fashion forward products” Distribution : distributed within all tiers department store and reach all levels of consumers Advertising : advertising spans in 21 countries and reaches and estimated 98 million people globally. Product : have a variety of product classifications, (women’s sportwear, denim, menswear, underwear, men’s accessories and footwear, swimwear, fragrances, eyewear, footwear, home furnishings) Price : have the variying prices. Promotions : used brand ambasador Place : has stores in 130 territories outside US and 650 domestic retail locations Brand Mantra : “Sex, luxurious, minimal, classic, intimate and professional”

38 Brand Elements  Name : “Calvin Klein” Symbols : “CK” Slogans : - “Between love and madness lies obsession” - “Nothing comes between me and my Calvin Klein” (for CK jeans) Sultry and neutral colors for the shopping bags

39 “ Sexy, Sophisticated, Casual, Hip, Daring and Distinct”
Brand Exploratory - Consumers trusting of the brand - Consumers feel confident used the product - Consumers have perception that CK produces quality lasting products - Key word describe the brand by consumers : “ Sexy, Sophisticated, Casual, Hip, Daring and Distinct” Recommendation Calvin Klein for children is currently the weakest of the company brand extentions because it is still lacking in the profit. The brand must expand their products to include clothing that children living in household with alower income would wear.

40 Mapping Brand Association
MM6016 Branding and Marketing Communication Mapping Brand Association

41 Strategic Brand Association Map
Strategic brand association maps: developing brand insight Brian D. Till School of Business Administration, Loyola University, Chicago, Illinois, USA Daniel Baack Daniels College of Business, University of Denver, Denver, Colorado, USA Brian Waterman Waterman Research Solutions, LLC, St Louis, Missouri, US Journal of Product & Brand Management, 20/2 (2011) 92–100

42 Features of Brand Association
Strength. Favorability/valence. Uniqueness. Relevance. Number.

43 Steps Determine the competitive set. Generate free associations.
Collect response latency data for strength of associations. Measure uniqueness, relevance, and favorability of associations. Construct the strategic brand association maps.

44 Source: Till et al. (2011), p. 96


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