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Ten ways to ruin your brand

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Basic features - 20% impact / 80% cost. Product core. Added value ... Chocolate/confectionery. Hertz. Car hire. British Airways. Airline. Readers Digest ... – PowerPoint PPT presentation

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Title: Ten ways to ruin your brand


1
Ten ways to ruinyour brand
  • Richard Beevers
  • Director
  • Customer Plus Ltd
  • richard.beevers_at_customerplus.co.uk

2
  • 149162536496481

3
(No Transcript)
4
  • 149162536496481

5
Ten ways to ruinyour brand
  • Richard Beevers
  • Director
  • Customer Plus Ltd
  • richard.beevers_at_customerplus.co.uk

6
Ten ways to ruinyour brand
Seven
  • Richard Beevers
  • Director
  • Customer Plus Ltd
  • richard.beevers_at_customerplus.co.uk

7
First we need to agree on the meaning of a
brand
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What does our brand mean?
PRODUCT
ENVIRONMENT
CENTRALIDEA
COMMUNICATION
BEHAVIOUR
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Added value
  • Basic features - 20 impact / 80 cost

Product surround
Product core
Added values - e.g. service levels 80 impact /
20 cost
10
Added value in practice
  • Prefer Pepsi Prefer Coke Equal/cant say
  • Blind test 51 44 5
  • Open test 23 65 12

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Added value in housing
  • House/Flat
  • Décor
  • Windows
  • Garden
  • Heating

Product surround
Product core
Good neighbourhood Safe and crime free
area Access to shops and schools Efficient and
fair rent collection Prompt and courteous repairs
service
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Readers DigestMost Trusted Brands 2007
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Readers DigestMost Trusted Brands 2007
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Key concepts in branding
  • Reputation
  • Consistency
  • Congruence
  • Added value
  • Differentiation
  • Experience
  • Proposition

18
Lack of a differentiatedcentral idea
1
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20
Creating differential advantage - Porters
Generic Strategies

BROAD NARROW
COST FOCUS
DIFFERENTIATION
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