Dimensions of Brand Affinity

Transcription

Dimensions of Brand Affinity
MBAI Q1 08
Luxury Brand Management
Photo www.brandchannel.com
Prof: Philippe Mihailovich
www.philippemihailovich.com
Luxury branding books
Grading:
Group/other 40% - Create a luxury brand
Final Presentation 60%
Final Project:
Create a new Luxury Brand with Press Release
Our email address:
[email protected] password: luxury
Ruinart?
Ruinart?
Dom Perignon?
What is its’ main USP?
There is documentary evidence that sparkling wine was first intentionally produced by
English scientist and physician Christopher Merrett at least 30 years before the work of Dom
Perignon (person) who, contrary to legend and popular belief, did not invent sparkling wine wikipedia
A Dom Perignon Story
Marketing Management
www.philippemihailovich.com
Some competitors
by kilian
frederick malle
Chanel invite le public place Vendôme
Chanel présente Xavier Veilhan, Elements Célestes
Chanel haute joaillerie ouvre sa boutique (18 place Vendôme, Paris 1er) au public jusqu'au 10 juillet 2005
De 10h30 à 18h30, découvrez la nouvelle collection de bijoux: "Eléments Célestes". Cette ligne inspirée des merveilles du
monde cosmique - par les astres et les planètes - est composée principalement de diamants et perles.
Cette exposition constitue un moment rare pour découvrir un savoir-faire unique et d'une créativité époustouflante !
Plus de 15 400 diamants, saphirs et perles ornent ces 16 Eléments Célestes pour un poids total de plus de 330 carats.
"J'ai voulu couvrir les femmes de constellations", confiait Gabrielle Chanel en présentant en 1932 ses premières pièces de
joaillerie. "Avec sa densité, le diamant représente la valeur la plus grande dans le plus petit volume", ajoutait-elle à propos
de sa pierre préférée.
L'histoire commence par le Mandala, bracelet-manchette, une merveille de créativité et une prouesse technique puisque ce
bracelet est à transformation. Il donne le ton de cette collection unique qui privilégie le noir et le blanc, le diamant et la perle,
couleurs et matières préférées et symboliques de Mademoiselle Chanel.
• Brand building eg CHANEL
Accessories,
Cosmetics
Glamorous
outrageous
women
Monroe to Moss
Jewellery Store,
Hotel?
Product Core
Features & Benefits
Left hand brain
MIND: RATIONAL
Communication
Brand Core
Core
Couture to R2W
No.5
Lagerfeld
Touch of shock
Symbol
Black & White
Imagery & Attributes
Rue Cambon
Right hand brain
Coco’s character
SOUL:EMOTION
The Brand Stretching Matrix
Cars
HERMÈS
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CHANEL
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Hotels
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Digest
Home Shoes
Bags/
Jewell
Time-p Fashion Parfum Make-up
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Skin Hair
Men’s
Care Styling Groom
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ARMANI
LAUREN
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Retail
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PORSCHE
DOM
PERIGNON
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COSTES
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PERRICONE
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LADUREE
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GUCCI
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VUITTON
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Perceptual attributes are everything
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Building Brand Personality
Key factors:
•Brand Reputation
•Brand Affinity
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
•
Key is to know which stories will convince consumers that the brand is in
some way superior:
-
Authenticity, Credibility, reliability - History, legacy, mythology
-
Ideally must cross borders or be able to be adapted locally
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
There are 3 types of reputation qualitites:
1. CONTEXTUAL - brand’s birthright, lineage, creator, founder
- provides legitimacy
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
There are 3 types of reputation qualitites:
1. CONTEXTUAL - brand’s birthright, lineage, creator, founder
- provides legitimacy
2. INTRINSIC - built over the years i.e expectations/promises
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
There are 3 types of reputation qualitites:
1. CONTEXTUAL - brand’s birthright, lineage, creator, founder
- provides legitimacy
2. INTRINSIC - built over the years i.e expectations/promises
3. ASSOCIATIVE - qualities attributed to brands through its
association with others i.e experts, royalty, celebs, including
other brands - qualities rub off
C
Contextual
I
Intrinsic
A
Associative
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Contextual
Intrinsic
Associative
Category specific
Pedigree brands
Quality brands
Endorsed brands
Category
transcendent
Origin brands
Promise brands
Personality brands
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Category specific
Contextual
Intrinsic
Associative
Pedigree brands
•
Often connected to a region, legacy or founder
•
Emphasis on roots
•
Has special qualities that cannot be matched
i.e Champagne (product-related place), Ferrari (legacy), Christian Dior (designer
mythology = prepared to pay premium price), Marlboro - Marlboro Country (‘need
for belonging’)
Note: brand DNA - brand is born with attributes - advantageous
and disadvantageous. Layers of meaning must be built on top
Brand Stretching Matrix: eg Beauty Brands
Hair Hair
Hair
Care Styling Colour
Deo
Bath/
Fragr Make-up Skin Shower
Wella
L’Oreal
Dior
Jacques
Dessange
Gillette
Lancome
Nivea
Narta
Wella and L’Oreal both ‘born’ as hair care brands
Brand Vision
building from the core foundations
<cleansing….moisturising>
men’s
shampoos
face
Cleansers /
body wash
Colour
cosmetics?
core
Distance
………………………………>
from core
body
baby
Sun
protection
Deodorants?
How far can brand’s reputation stretch?
sun tan
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Category specific
Category
transcendent
Contextual
Pedigree brands
Intrinsic
•
Country of Origin benefits -German
Engineering
•
Brand can become symbol of country eg
McDonald’s
•
Relocating to add ‘place brand’ e.g
Maybelline New York
•
Fake perceptions eg Haagen Daz,
Mecca Cola
•
Based on stories, commonly held beliefs,
propaganda, myths
Origin brands
Note: brand can be improved or damaged
by ‘place’ issues i.e decline of British
brands’ quality perceptions vs rise of
Japanese and Korean.
Associative
Home
furnishing
linen
Not considered an
authentic luxury brand in
Europe
kids
accessories
perfumes
Ready to wear
men
Ready to wear
women
Home
furnishing
Restaurant /
hotel
linen
kids
accessories
Ready to wear
men
Ready to wear
women
perfumes
Then goes into hierarchy
Restaurant /
hotel
He did not start out working
for a great designer
Fashion consumers remain loyal to homegrown
designers.
Not surprisingly, consumers in the world’s fashion
capitals (USA, Italy, France) remain loyal first and
foremost to their own country designers.
•North American consumers remain loyal to top US
designer Ralph Lauren
•Historic French design houses, Yves Saint Laurent,
Chanel, Dior and Hermes have the strongest following
in France now.
•Italians clearly rank Giorgio Armani, Prada, Emporio
Armani and Versace among their most coveted fashion
brands
http://uk.acnielsen.com/news/FashionBrands.shtml
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Category specific
Category
transcendent
Contextual
Pedigree brands
Origin brands
Intrinsic
Associative
Quality brands
•
VW reputation of quality, Volvo safety
•
Challenge faced by luxury brands
•
Focus on values, purpose, ambitions
not on personality traits
Note: as brand personality traits most likely to be sioncerity and
competence, these are often one-dimensional bland brands
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Contextual
Intrinsic
Category specific
Pedigree brands
Quality brands
Category
transcendent
Origin brands
Promise brands
Note: social needs - sense of belonging differs across borders
Associative
•
Build on reputations
that transcend
original category ie
Virgin, Easyjet
•
Promise brands
express personalities
in line with their
pledge to consumers
ie Greenpeace
•
Often use founder’s
personality and
normally linked to
social needs
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Contextual
Intrinsic
Category specific
Pedigree brands
Quality brands
Category
transcendent
Origin brands
Promise brands
•
Associative
Endorsed brands
Wants to emphasise its own achievements by ‘significant’ association
i.e toothpaste - dentist, food - gourmet chefs (always from same category)
•
Focus on values, purpose, ambitions of the endorser
Note: Vulnerable to security needs - needs credible endorser
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Contextual
Intrinsic
Category specific
Pedigree brands
Quality brands
Category
transcendent
Origin brands
Promise brands
Associative
Endorsed brands
Personality brands
•
Endorsement NOT specific to category i.e Rolex - Tiger Woods, hairdresser star, food - royalty etc even fake i.e Ferrero Rocher ambassador - good taste
•
Endorsement MUST fit
Note: Vulnerable to actions of star i.e Kate Moss (Chanel vs H&M) and fads
Celebrities easier to replace than professional endorsers
Brand Reputation
Conclusion
•
Brand reputation is more important to some brands than to others
•
Dutch saying: ‘A good reputation comes on foot and leaves on horseback’
•
Brand management has to always look out for erosion of brand’s
foundations and decide when its time to add or shift to another
Brand Reputation
Conclusion
•
Brand reputation is more important to some brands than to others
•
Dutch saying: ‘A good reputation comes on foot and leaves on horseback’
•
Brand management has to always look out for erosion of brand’s
foundations and decide when its time to add or shift to another
Note: Often in fmcg there are TWO brands working together on the same
packaging: The House Brand and the Product Brand
i.e Kit Kat & Nestlé
and sometimes also a PLACE brand
i.e Studio Line from L’Oreal, Paris
The Brand-Bonding Spectrum
STEP1 BRAND ARCHITECTURAL STRATEGY
HB
LEVEL 1: HB only. PB generic
LEVEL 2: HB umbrellabrand
LEVEL 3: HB/PB master-servant
LEVEL 4: HB as endorsement
LEVEL 5: PB umbrella
PB
Researching and Attacking Dominant FMCG brands
•Know your enemy better than he knows himself
•Competitive Research must go deep into understanding of
competitive brands’ DNA
i.e it’s Core Properties (features & benefits), Reputation, elasticity,
brand architecture (HB:PB), Affinity (to be covered next week),
Recognition etc
Brand Reputation
Source: van Gelder,S,’Global Brand Strategy’ 2005
QUALITIES
Relation
Contextual
Intrinsic
Associative
Category specific
Pedigree brands
Quality brands
Endorsed brands
Category
transcendent
Origin brands
Promise brands
Personality brands
Le Grand Luxe
I love you!
SOUL
Discovery
Relationship as seen by both client and maison
Image
Authenticity
Generosity
I love you!
•I desire you, I want you, I need you
•Can I trust you/
•I accept you
•Who were you with before?
•Who’s your family?
•Are we compatible?
•I’d like to know you better
•Where are you from?
•Who?
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
Empathy
Cosmopolitan
Native
Association
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
Empathy
Native
Association
FUNCTIONAL
•To build Functional Affinity a brand needs to focus on what consumers
deem important in terms of functionalities of products and services, and
make a virtue of its dedication to delivering those
•Offers an honest price rather than a low price ie IKEA
Cosmopolitan
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
EMOTIONAL
Functional
•Based on
positive emotional
aspects such as
fun, excitement,
Empathy
romance,
love,
longing, passion
•The difficulty lies
in claiming a
particular
emotion, living up
Cosmopolitan
to it, and
not
overdoing it
Native
Association
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
Native
NATIVE
•Pits consumers’
senses of local
pride against their
Association
feelings of being
world citizens
Empathy
Cosmopolitan
Emotional
Dimensions of Brand Affinity
•Patriotism,
regionalism,
ethnic background
or even urban
Society
versus rural pride
COSMOPOLITAN
•Cosmopolitan
affinity is based
on brands being
regardedEgo
as
international
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Functional
•Express
personality traits
such as
sophistication,
Empathy
superiority,
refinement,
uniqueness,
origiality and
modernism
Cosmopolitan
Native
Association
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
Native
EGO-Orientated
•Pleasure,
indulgence,
Empathy
individualism, egotism
Association
•Need for selfesteem, ie L’Oreal ‘Because I’m worth it’
•Values such as
novelty, pleasureCosmopolitan
seeking, hedonism,
and health
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
SOCIETY
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
•Choice between
values-led
Association
(philiosophy-what
brand stands for)
or cause-led
(choose a specific
cause to support)
Empathy
Cosmopolitan
•Build their
consumer
Native
relationships on
public issues
Emotional
Dimensions of Brand Affinity
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Empathy
Cosmopolitan
Functional
EMPATHY
•Empathy brands are
able to understand and
cater for specific
customer requirements.
Personalisation.
•Need to have intimate
consumer knowledge in
order to understand
how to tailor to
consumer needs - to
Emotional
give customised
customer experience
Dimensions of Brand Affinity
Native
Association
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Empathy
Cosmopolitan
Functional
ASSOCIATION
•Brands that people
wish to be seen with,
wish to let everyone
know they own - eg a
Harley gives owners a
unique form of selfexpression and also
membership of group;
•Express traits such as
exiting, cool, ambitious,
Emotional
off-beat,
aspirational,
exclusive experiences
•Often provide sense of
self-esteem of Brand Affinity
Dimensions
Native
Association
Society
Brand Affinity
Source: van Gelder,S,’Global Brand Strategy’ 2005
Ego
Functional
Empathy
Cosmopolitan
Native
Association
Emotional
Society
Which steps should we take to build our layers ?
Dimensions of Brand Affinity
Our Brand vs
Competitors before
Ego
Functional
Empathy
Cosmopolitan
Native
Association
Emotional
Society
Which steps should we take to build our layers ?
Dimensions of Brand Affinity
Our Brand vs
Competitors after
Ego
Message 2:
Functional
Empathy
Native
Association
Message 3:
Cosmopolitan
Message 1:
Emotional
Society
Which steps should we take to build our layers ?
Dimensions of Brand Affinity
Relaunch?
De Winter and Sier