Title: Ten ways to ruin your brand
1Ten ways to ruinyour brand
- Richard Beevers
- Director
- Customer Plus Ltd
- richard.beevers_at_customerplus.co.uk
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4 5Ten ways to ruinyour brand
- Richard Beevers
- Director
- Customer Plus Ltd
- richard.beevers_at_customerplus.co.uk
6Ten ways to ruinyour brand
Seven
- Richard Beevers
- Director
- Customer Plus Ltd
- richard.beevers_at_customerplus.co.uk
7First we need to agree on the meaning of a
brand
8What does our brand mean?
PRODUCT
ENVIRONMENT
CENTRALIDEA
COMMUNICATION
BEHAVIOUR
9Added value
- Basic features - 20 impact / 80 cost
Product surround
Product core
Added values - e.g. service levels 80 impact /
20 cost
10Added value in practice
- Prefer Pepsi Prefer Coke Equal/cant say
- Blind test 51 44 5
- Open test 23 65 12
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14Added 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
15Readers DigestMost Trusted Brands 2007
16Readers DigestMost Trusted Brands 2007
17Key concepts in branding
- Reputation
- Consistency
- Congruence
- Added value
- Differentiation
- Experience
- Proposition
18Lack of a differentiatedcentral idea
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20Creating differential advantage - Porters
Generic Strategies
BROAD NARROW
COST FOCUS
DIFFERENTIATION