Title: Brand Definition
1(No Transcript)
2Brand Definition
A brand is a customer experience represented by a
collection of images and ideas often, it refers
to a symbol such as a name, logo, slogan, and
design scheme Wikipedia Simply put, a
brand is a promise. By identifying and
authenticating a product or service it delivers a
pledge of satisfaction and quality. Walter
Landor A brand is a collection of perceptions in
the mind of the consumer. Building
brands REPUTATION
3Brand Value History
- First inclusion of intangible assets in 1989 by
London Stock Exchange - U.S. FASB (Financial Accounting Standards Board)
now reporting value of brands (2007) - Intangibles account for ever-increasing market
value (60 across the FTSE increased by 10 in
last 50 yrs)
4Value of CSR Activities
- The impact of CSR on brands is measurable and has
grown between 2003 and 2006. - CSR activities strengthen a companys brand more
if the company is well known in the community, or
if the brand is more familiar to the consumer. - Corporate governance and diversity have a greater
impact than environmentalism on enhancing
perception of company management... - BUT
- The opportunity side enhancing brand value
through environmental actions could end up
being even more profitable.
Holding Associates CoreBrand KLD
5Brand Risks from Climate Change
Source Brand value at Risk,The Carbon Trust
(March 2005)
6Climate Change Brands
- Carbon Trust predicted social environmental
issues will become tipping point for consumer
purchasing decisions between 2005 2010 - E.g. organic foods, unleaded petrol,
dolphin-friendly tuna, CFCs - Large increase in environmentally-related
communications in general -
- Lately focus on climate change/ carbon footprint
- E.g. car sector
7Brand Model
Proposition
Positioning
Functional benefits
Competitor analysis
Core
Personality
Emotional benefits
8Brand Pyramid
Communication Principles
Functional Benefits
Emotional Benefits
Climate Change?
Personality
Values
Core
9Integration of new values
- Value vs core vs action
- Internal vs external communications
- Employer vs product vs corporate brand?
- Communication channels
- i.e. audience, target markets, stakeholders
- Communication styles
- Language
10Roadmap
Living the Brand 2006
11Ikea
- We know we have a negative impact and now want
to set actions to counteract that.
Set targets for awareness amongst co-workers and
customers Plastic loading ledge 10 savings
on transport and recycled into boxes Christmas
present to co-workers folding bicycles Energy
saving light bulbs given to each co-worker
Interest-free travel loans buy season ticket
with company loan and pay back over 12
months Introduction of Honda Hybrid cars Gas
boiler switched off waste woods converted to
use in boilers (both for warm air and hot
water) All new stores to be built using new
energies
12Ikea
13Adobe
San Jose headquarters greenest corporate building
on record in the US Retrofitted all 151 office
towers (1million square feet) Reviewed brand
core through green lens Simplicity at work
14Adobe
- Activities taken
- Bicycle 80 monthly subsidy to employees who
dont drive to work - Funding a public park to create green open spaces
around its campus as well as local trails and
gardens - Internet-based watering system adjusting flow
according to incoming weather data - Motion light sensors in stairwells and freight
alcoves for lights only when needed
- Incandescent bulbs in offices with
energy-efficient compact fluorescents Timers to
reduce operating hours of garage exhaust fans and
outdoor lighting systems - Sensor-based bathroom fixtures to help reduce
water waste - Waterless urinals
- Composting containers that hook onto trash cans
to separate food waste from regular garbage
Results Increased internal brand loyalty
15Commercial Group
- Actions started through client (BSkyB)
invitation - Changed delivery routes
- Active encouragement to staff not to use cars
- In process of producing their own biodiesel
- Invitations to clients/ businesses across
Cheltenham to watch An Inconvenient Truth
16Brand Reputation
- What makes one brands actions believable and
anothers seen as green-wash? - MS
- BQ
- ?