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Brand
Management (MKT624)
VU
Lesson
11
BRAND
PERSONA
Determination
of attributes and benefits
To
have your brand present its
customers the right
attributes and benefits, you
have to first
determine
what those attributes and benefits
are that brands present and values
they address.
The
key to the whole process is
clarity about the need to be
satisfied.
You
must not under-serve or
over-serve the customers. In
other words, the segment
that you are
serving
has to be fully aligned with
the features and attributes
that you envisage your brand
to
carry.
Under- or over-doing will let
you unintentionally navigate
the segmental territories
not
meant
for your offering.
Determination
can come through one way and that is
research. The objective is to
compare
your
brand with that of
competitors and gauge the
level of associations all evoke.
The results of
the
research will enable you to be specific
about the features that
you must create for
your
brand
and the benefits your brands
must offer to your
customers.
In
the absence of this
comparison, it is hard to formulate a
sustainable competitive strategy
a
strategy
that highlights the features
and benefits and sets your
brand apart from the rest of
the
crowd.
Refer to industry analysis and
consider a couple of established
competitors to draw
the
right
comparisons that can lead you
through the competitive path
with success.
Need-based
segmentation research
It
is good to get into segmentation research
that should cover demographics as
well as
psychographics
to give the findings a true
need-based dimension. Needs
drive all the
strategies
and
always emerge as the most
purpose-serving research basis.
Right identification of
needs
also
offers the best alignment
between strategies and associations that
we are out to evoke
on
part
of the customers. It is here that we
are able to determine the balance
between under- or
over-serving
the segment of population that is
our target market. The
following two
examples
explain
the phenomenon of the balance
between under- or
over-doing.
Example
1
A
fast food restaurant should
not start offering in the
manner of a full-served
fine
dinning
restaurant, nor should it demote
its offerings below the
level of product
profile
perceived
by customers as authentic fast
food.
Example
2
A
1300 cc car offering inside and outside
temperature readings and dual
air
conditioning
is borrowing features from a
sibling of a higher segment. A
higher
segment
bigger model not having
the features (temperature
reading and dual air
conditioner)
deemed unnecessary for a 1300 cc
sibling is under-serving its
customers.
Population
to be researched and relevant questions
asked
The
population to be researched should
consist of company's present, past, and
potential
customers
and competitors' customers in relation to
determining the levels of association
with
the
brand. Members of the trade
(distributors, wholesalers, and
retailers) who are
category
influencers
should also be included in the
population.
The
respondents should be approached with
the objective of determining
the right attributes
and
benefits to be offered by the
brand and values addressed.
The responses, when put
side by
side,
for different brands will lead you
through realistic mode of decisions for
your brand.
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Brand
Management (MKT624)
VU
The
questions should revolve
around the level of
awareness about your brand
versus
competition
and strengths and weaknesses as respondents
perceive in relation to your
brand
versus
competition. The series of
questions should also take you
through determining
whether
respondents
consider your brand up to
their expectations and worthy of
recommendation to
others!
All questions should be asked in
the simplest and direct form
to have straightforward
and
credible answers.
With
no ambiguities of answers you should be
able to gauge the levels of associations
your
brand
evokes vis-ŕ-vis competition.
Purpose
served by asking the right
questions
The
objective of asking the
questions is to precisely determine
the level of associations
your
brand
has evoked. An even bigger
objective is to see whether
customers think your brand
has
reached
the pinnacle. If the answers to
your questions are mostly
"yes", then it is a testimony
to
your
hard work of identifying the
right need, developing the
right product, and making
the right
branding
moves. You must maintain
your brand's position and
further fortify it.
If
the answers to your questions
are mostly in negative -
which it should not be
then you must
look
into the reasons and make
corrections wherever those are
warranted. The typical
questions
that
you must ask yourself
are the following:
·
Why is
our brand not right on
top?
·
Why is
competition right on top?
·
What
can you do to bring your
brand right on top?
The
answers to the above questions will be of
comprehensive nature and will not
allow you
escaping
any shortcomings. Whether
your company has the
resources or not to come to
grips
with
the problems is another issue.
The assumption here is that it is
capable of handling
all
major
problems; otherwise it would
not have undertaken the
brand development process in
the
first
place.
Keys
to developing associations
According
to Scot Davis, the build up of
brand value has to be an
incremental process1.
·
No
brand can get into the
pinnacle without moving
incrementally through the
stages.
·
There
has to be a complete alignment of
associations all across the
three stages. The
alignment
can be achieved through the
process discussed above, that
is, identify the
right
need
for the right segment, have
the target market perceive
the benefits as the
ones
desired
by them, and make them believe
that your brand addresses
the values they
hold
dear
to themselves.
·
Make
the whole process difficult
to copy. This can be achieved by
creating customer
value
highly meaningful to
customers.
The
following example of Toyota
Corolla is expressive enough about
the levels of associations
and
the alignment that exists
among the three levels to
the benefit of the brand and
the
customers
as well.
Features
and Attributes
o
Good
styling
o
Fair
pricing
o
Great
value
o
Spacious
o
Looks of a
bigger car
o
Sturdy
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Brand
Management (MKT624)
VU
Benefits
Good
consumption
o
Good
resale value
o
Good
quality
o
Dependable
o
Widespread
availability of inexpensive
spares
o
Beliefs
and Values
o
Gives
you confidence
o
Friendly;
makes you feel good and
important
o
Approval of
neighbors, friends, and
relatives
What
is after the brand
pinnacle?
Whether
to stay within the same
pyramid or go beyond it into a
new one is defined by
the
leader
of the category. The
leadership role comes with
the power the brand
has. It depends on
how
high the leader wants to go
within the same
pyramid.
Most
of the brands have the
potential to ladder further
up. It is here that business
managers
have
to decide whether to create
higher standards of excellence
within the same pyramid or
go
beyond
it with a new brand name by
adding more attributes to
existing products and create
a
new
identity altogether.
Is
new category
needed?
Companies
choose to go into a new
pyramid for two reasons.
One, laddering up under the
same
name
may offer resistance from
the customers. Two, a new
identity under a different
brand
name
with endorsement from the
same manufacturer can bring
the company premium
pricing
that
may get subject to resistance
under the existing brand
name. This is why Toyota
introduced
Lexus;
Honda launched Acura, and
Nissan Infinity. Lexus,
Acura, and Infinity are all
very
expensive
cars that fall within
pyramids different from those
belonging originally to
Toyota,
Honda,
and Nissan. The new
offerings came to the market
with high premium on
them.
What
is important about the brand
value pyramid is that the
pinnacle has to be reached so
that
the
emotional value connection can be
established with the
consumer.
BRAND
PERSONA
The
second part of image is brand persona.
Along with associations it
provides
a complete understanding of the
brand image. Brand
managers
look
at brands from the standpoint of
human and other characteristics
that
can
be easily identified and
understood.
The
objective of the exercise is to personify
your brand so that
consumers
can
express and associate themselves
with the brand just as
they associate
themselves
with other persons.
Persona
examples
·
Car.
It is like you describe a car as
rugged; you can describe a person
from a certain area
as
rugged.
·
Biscuits.
You may describe a high-end
expensive biscuit brand as
"sophisticated" as
opposed
to another you may want
your fun-loving kids to take as
"funny". People can be
described
as sophisticated and funny.
50
Brand
Management (MKT624)
VU
·
SUV.
A four-wheel vehicle can be personified
as "warrior, tough, and no-nonsense"
as
opposed
to a family car having a "majestic and
well-composed" personification.
People
can
be described in just about
the way a four-wheel vehicle
or a family car is described in
this
example.
Need
to create the right traits
The
exercise of personification is meant to fully
understand what personality
traits you should
create
for your product so that it
is perceived by the consumers
the same way. The
objective
therefore
is the same as it stands in
developing associations. Customers must
perceive your
product
the way it is intended to be
perceived.
In
order to understand the
traits of your brand right,
you again have to carry out
market
research
and ask consumers questions to
arrive at the right most
personification.
Personality
traits through
research
A
few questions can resemble the
following:
·
Does
the product look
educated?
·
Does
it look fashionable?
·
Is it
urbane or a villager?
·
Is it
babyish or mature-looking?
The
most important factor is to ensure
that your brand's persona
must be matching with
consumers'
perceptions. A baby shampoo has to be
perceived as such not
because you have
introduced
it as baby shampoo, but because
its personality traits are
such that anyone taking
a
look
at the retail shelf can
pinpoint the product is
meant for babies.
When
you combine your results
with those of brand's associations, you
come up with a
complete
understanding of the valid and
sustainable positioning of your
brand. The right
position
of the brand will evoke
right image of the brand and serve as
the focal point of
all
strategies
that will follow to make the
brand a success.
Summary
lectures 10 and 11
Brand
picture is based on brand image,
which is a function of brand associations
and brand's
persona.
Customers develop associations with
brands for the reasons of
benefits that brands
offer
and customer values that brands
address. If a customer values
being known for
wearing
expensive
clothes, then some brand
has to address that value of
the customers falling in
that
segment.
Good
brands have good features that get
translated into benefits.
Unless features get
translated
into
benefits, brands cannot have
customers develop the
desired associations. Associations
have
different
levels. From being able to
address basic needs of
customers, brands get on to
offering
extra
benefits and addressing certain
emotional values. When a
brand is just able to address
the
basic
needs, it is at the lowest
level of associations. When a brand
addresses emotional
needs,
the
level of association is at the highest
the brand value
pyramid. All brands should strive
to
get
to that point and generate
loyalty of the highest
order. An important aspect of
the brand
value
pyramid is that it is an incremental
process in which associations get
strengthened
through
different phases, not
skipping any.
Brand
managers have to identify
customers' needs in the most
realistic way to come up
with
the
compatible product features and
then be able to develop the
right, desired associations.
Brand's
persona is the second part
of the image. It is personification of
the brand in human
terms.
The tricky part is to
determine the right traits
of the product and then
developing the
brand's
personality in a way that
customers perceive it the
way it was intended to be
perceived.
51
Brand
Management (MKT624)
VU
Glossary
of terms:
Demographics:
It is referred to as demographic segmentation.
The market is divided
into
groups
on the basis of demographic variables
such as age, family size,
gender, income,
occupation,
education, religion, race,
generation, nationality, or social
class1.
It is generally
seen
that consumer likes, dislikes, preferences, and
usage rates have a lot of
similarities within
the
demographic groups and they are closely
linked to demographic variables.
Research
stemming
out of a design based on demographics is
generally more reliable and easier
to
measure.
Psychographics:
This refers to psychographic segmentation in
which buyers are divided
into
different
groups on the basis of lifestyle
and/or personality. People
within the same
demographic
group can exhibit very
different psychographic
profiles2.
Example: A consumer
who
drives a Mercedes-Benz may mostly like to
use an inexpensive ball
point pen and
wear
blue
jeans, whereas a consumer driving a
Suzuki may always like to
use an expensive pen
and
wear
designer clothes. The likes and preferences in this
example have a relationship more
with
lifestyle
than demographic
variables.
Bibliography:
1.
Philip Kotler: "Marketing
Management Analysis, Planning,
Implementation, and
Control";
Ninth Edition, Prentice Hall
(258)
2.
Philip Kotler: "Marketing
Management Analysis, Planning,
Implementation, and
Control";
Ninth Edition, Prentice Hall
(259)
Suggested
readings:
Scot
M. Davis: "Brand Asset
Management Driving Profitable
Growth through
Your
Brands";
Jossey-Bass, A Wiley Imprint
(53-72)
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