Chapter 3 Flashcards
4 steps of brand building
- identification of the brand + association in consumers’ mind
- totality of brand meaning in the minds of consumers
- consumer responses to the brand
- convert brand responses to create brand resonance + intense loyal relationship
What is brand saliance? What are depth and breadth?
how easily and often the brand is evoked under various situations
breadth: range of purchase and usage situations in which the brand element comes to mind
depth: how likely it is for a brand element to come to mind and the ease with which it does so
What gives a product an identity? (3)
- product category
- associated purchase
- consumption or usage situations
what is the product category structure?
how product categories are organized in memory
What are the strategic implications of brand salience? (3)
- top-of-mind
- sufficient mind share
- right times and places
What is brand performance? (3)
how well the product:
1. meet functional needs
2. rate on assessments of quality
3. satisfies utilitarian, aesthetic and economic customer needs and wants
what are attributes/benefits of brand performance? (5)
- Primary ingredients and supplementary features: ingredients necessary for a product to work
- Product liability (consistency), durability (economic life) and serviceability (ease of repairing)
- Service effectiveness (satisfies customer service requirements), efficiency (speed and responsiveness) and empathy (trust, care)
- Style and design: aesthetic considerations
- Price: relative pricing of the product