Brand Positioning and Brand Identity Flashcards
What is a Brand? (Kotler and Armstrong)
A name, term, sign, symbol, design or a combination of them which is intended to identify the goods and services of one seller and differentiate them from those of the others.
What is Brand Positioning? (Rossiter et al)
A unique representation of brand in customers’ minds, that will lead them to choosing your brand.
What are the 3 models of Positioning a Brand?
- T-B-C: Brand Positioning Model (Macro Level)
- I-D-U: Benefit Selection Model (Middle Level)
- A-B-E: Benefit Claim Structure Model (Micro Level)
What is the T-C-B Brand Positioning Model?
- Product Category (C) - What is it?
- Target Customer (T) - Who is it for?
- Key Benefit (B) - What does it offer?
What is the I-D-U Benefit Selection Model?
- Important or Motivating to Target Customers (I)
- Deliverable by the Brand (D)
- Unique to the Brand (U)
Key Benefit: I + D + U
When do you use the I-D-U strategy?
Key Benefit - Must be used in all brand marketing communications
Entry-Ticket Benefit: Delivered by every brand in the good or service category for the brand to be judged by the customer as a legitimate member of the category.
Inferior Benefit: Delivers a benefit that exists, but to a lesser degree.
What is the A-B-E Model?
- Attribute - Objective characteristics of the good or service
- Benefit - Subjective characteristics resulting from the attribute that the buyer wants.
- Emotion - Subjective feelings from using the good or service
What is the Positioning Statement?
Incorporates the decision from the 3 positioning models.
How do Positioning statements differ?
Through Macro, Middle and Micro levels, and if they are aimed at different stakeholder groups.
What are the 2 key dimensions of a brand?
- Brand Awareness
2. Brand Image
What is Brand Awareness?
Involves ‘brand recall’ and ‘brand recognition’ which reflects the brands previous use. (brand cue and recollection from consumer).
What is Brand Image?
Brand is more than a symbol or a name and represents the association people have of a brand in their mind based on their perception of it.
What is Brand Attitude? (Rossiter et al - 2018)
How people combine their beliefs about brands attributes to form an overall evaluation of the brand to form a brand attitude, which helps decide purchase decisions.
What are the 5 possible I-D-U strategies for increasing brand attitude?
- Increased perceived delivery/delivered uniquely by the brand
- Increases the perceived importance which the brand already delivers
- Attempt to decrease competitors perceived delivery
- Add a new benefit through innovation in which our brand delivers
- Attempt to change the customers choice rule in the category in favour
What is Brand Identity?
The overall brand value and visible elements of a brand, such as colour, design and logo, that identify and distinguish the brand in the consumer’s minds.