the b words...
Branding Selecting and blending tangible and intangible attributes to differentiate the product, service or company in compelling and differentiated way.
Internal Branding Developing consistent behaviors that govern employee and customer interactions and reinforce a brand’s position
Brand Architecture How the brands within a portfolio relate to each other and the corporate brand.
The most familiar types of brand architecture systems are:
Single where the corporate name is used on all products and services offered by the company. Think IBM, Bank of America, Coach
Endorsed where all sub-brands are linked to the corporate brand by means of either a verbal or visual endorsement. Think Virgin, FedX, Ralph Lauren
House of Brands where the corporate brand is subjugated in favor of the individual brands . Think LVMH, Proctor & Gamble, Pfizer
The common terms used to refer to a parent company and the brands in its portfolio are:
Masterbrand A brand name that dominates all products or services in a range or across a business. Think…Procter & Gamble, Ralph Lauren, Ford Motor Company.
Sub-brand A product or service brand that had its own name and visual identity to differentiate it from the parent brand. Think…Duracell (a Sub- brand of Procter & Gamble), Polo (a sub-brand of Ralph Lauren), Mustang (a sub-brand of Ford Motor Company)
Brand Associations The perceptions and emotions that customers have about a brand.
Brand Equity The value of your brand in the marketplace
Brand Essence The core philosophy of your business. The most powerful brand essences are rooted in a fundamental customer need and are achievable by the organization.
Brand Experience The emotional response resulting from the interactions a customer has with a brand. Strong brands arise from consistent experiences which combine to form a distinctive overall brand experience.
Brand Identity The outward expression of the brand, including its name and visual appearance. The brand's identity is its fundamental means of customer recognition and association and symbolizes the brand's differentiation from competitors.
Visual Identity What a brand looks like - including its logo, typography, packaging and marketing materials.
Brand Personality The attribution of human personality traits (seriousness, warmth, imagination, etc.) to a brand as a way to govern the tone of voice of all external facing communication and employee interactions.
Brand Positioning The distinctive position of a brand in its competitive environment to ensure that individuals in its target market can tell the brand apart from others.
Brand Strategy A plan for the systematic development of a brand to enable it to meet its agreed objectives. The strategy should be rooted in the brand's vision and driven by the principles of differentiation and sustained consumer appeal. The brand strategy should influence the total operation of a business to ensure consistent brand behaviors and brand experiences. |