PowerPoint presentation from a lecture on branding and identity development. Has good overview information on the branding process, brand equity, the art of positioning and brand identity architecture.
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“Clarity in expressing the brand—
whether it be for a product, a
corporation, or an institution—may
be the final [business] frontier.”
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What is Branding
Branding is the strategic staking out of an appropriate, credible
market space for a company and/or its products and services.
Branding provides a vision upon which the company can
build —- an identity that it can maintain and add value, even
while the company and its offerings grow.
Branding is a promise a company makes to the marketplace —
a promise that it’s going to fulfill certain expectations.
It’s permission to believe.
Branding is awareness building of a company and/or its
products and services within the marketplace.
A brand, if carefully crafted and maintained, never expires —
it’s the one thing that really lasts.
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What Branding Can Do
Branding is a crowbar for breaking through the clutter of
competitive messages, making a company better known, and
making it more memorable.
Branding steers how the marketplace thinks about the company.
Branding, by increasing awareness and by providing a context
for sales and marketing messages, paves the way for sales
efforts; it eases the sales process and increases the likelihood
that it will be successful.
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Branding Process
• Channel BrandBuilderTM
is our approach for working on larger
branding projects or campaigns. It’s a flexible, seven-step process.
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Discovery Process: Brand Audit
This is when we look at an organization’s existing image and
brand and evaluate its strengths and weaknesses (like getting a
checkup at the doctors). Once we know where you are, we can
figure out how to get you where you need to be.
Brand Equity
Corporate Logo
Product Names and Identities
Marketing Materials
Benchmarking
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Brand Equity
Brand equity is a set of brand assets and liabilities linked to its
brand, its name and symbol, that add or subtract from the
value provided by a product or service to an organization
and/or that organization’s customers.
It has also been defined as the effect of brand knowledge on
customer response to the brand. As such, brand equity is the
value of the brand name in the marketplace.
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Brand Equity
What is the value of a brand equity?
Building strong brand equity is essential to secure competitive
advantage. Increasingly, it is the brand, which provides the sole
means of differentiation, as Fortune magazine famously said:
- “In the 21st
century, branding ultimately will be the only
differentiator between companies. Brand equity is now a
key asset.”
- What Fortune is asserting is that sooner or later most
companies will be competing on a level playing field. In
these circumstances the reputation encapsulated in their
brands will become the chief determinant of customer
choice.
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The Art of Positioning
Positioning is the first creative step in the branding process.
It’s the most basic of all strategy statements and the
foundation upon which the branding is built.
The positioning statement must define three things:
Target audience
Competitive category
The most meaningful point of difference for your brand
Positioning is about creating a simple strategy that
meaningfully differentiates your brand
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The Art of Positioning
Positioning is about turning things inside out …
Positioning is not so much created by looking for the solution
inside the company, or inside your own mind but inside the
prospect’s mind.
Positioning is not what you do to a product or company.
Positioning is what you do to the mind of the prospect or the
marketplace.
Positioning is about creating an impression
in the mind of the prospect
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The Art of Positioning
Positioning comes to grips with the difficult problem of getting
heard in our over-communicated marketplace.
Everyday thousands of messages compete for a share of the
prospect’s mind. The mind is a battleground.
In communication, as in architecture, less is more. You have to
sharpen your message to cut into the mind. You have to
jettison the ambiguities, simplify the message and then simplify
it some more if you want to make a long-lasting impression.
The best approach in creating a positioning statement
is with an oversimplified message
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The Art of Positioning
Summary – 3 key premises:
Positioning must set a company or product apart from its
competitors.
You must position the company or product in the mind of the
prospect.
Positioning must be singular: one simple message.
The moral of the story is:
You must sacrifice. You cannot be all things to all people, you
must focus on one thing.
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Brand identity
The brand identity is a company’s signature and should
represent its core attributes. It is intended to enhance
perception by creating a visual contact between the brand
owner and the public or marketplace.
Brand identity is all about the visual and verbal attributes of a
company presented in their marketing materials; how the logo,
positioning, messaging, and look and feel are illustrated and
integrated across the various components. Building blocks that
fall into this category include tag line, marketplace messages,
color, photography or illustration use, graphic elements, and
more.
When multiple product lines are involved, a strong brand
architecture can clearly organize the offerings as well as support
one another through consistency and shared equity.
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Types of Brand Identity Architecture
1. Monolithic Brand Identity
A monolithic type brand identity is
based on having one organization
and one branded identity.
If there are acquisitions of other
companies or products that become
a part of the overall organization—
they adopt the monolithic identity
and drop their former identity.
Example: Citi Bank
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Types of Brand Identity Architecture
2. Holding Company Brand Identity
This type of identity is used for
companies with strong multiple brands
in the marketplace. The parent
company is more of a holding company
with little or no brand identity itself.
If there are new acquisitions—the
acquired entity continues to use their
brand identity with little or no
reference to the parent company.
Example: Proctor & Gamble
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Types of Brand Identity Architecture
3. Endorsed Brand Identity
Endorsed brand identities are hybrids
Of the ideal types of monolithic and
holding company identities. They
offer the best of both worlds.
Under and endorsed identity system,
the parent company benefits from
The branded entity and vice versa.
Example: Apple