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3.03 Corporate Branding

3.03 Corporate Branding. Position company to acquire desired image. Definitions:. Get w/ your 3 o’clock and see if you can figure out the following blanks using prior knowledge. Values —things that are _______________ to you, your company or product.

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3.03 Corporate Branding

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  1. 3.03 Corporate Branding Position company to acquire desired image

  2. Definitions: Get w/ your 3 o’clock and see if you can figure out the following blanks using prior knowledge. • Values—things that are _______________ to you, your company or product. • Brand cues—elements that remind customers of ______________ and their values • Brand personality—the behavior of your brand -- ie. how it creates and maintains an _______________ connection with customers  • Touch points—opportunities businesses have to connect with customers • Brand ______________—agreement that a company or product will consistently meet expectations and deliver on characteristics and value • Corporate brand—represents the entire company or organization

  3. Elements that make up a brand’s identity

  4. Visual elements • Anything a customer or potential customer may see referencing the company • Company logo • Company tag line or slogan • Color schemes • Typography, font styles • Symbolism in the design • Should be specific and interwoven throughout the company • Letterhead, business cards, email signatures • Advertising, presentations • packaging

  5. Product elements • Special product features and functions that uniquely benefit customers • Apple brand has superior processor speed; the product and brand are interchangeable and inseparable

  6. Service elements • Interactions between customers and the company and its employees • Service elements include things like: • Response time • Return policies • Perception of treatment • Nordstrom Department Store –high-end products—is synonymous with exceptional customer service

  7. New media elements • Managing brand identity across new platforms ie: internet • Facebook • Twitter • LinkedIn • Blogs

  8. Values in brand development • Specific behaviors and attitudes that help a company achieve goals • Things that customers can expect every time they interact with a company • Good customer service • Easy return policy • Guaranteed lowest rates • Friendly smiles • Doing the right thing because it is the right thing to do • Quality • Values reflect the company and its brands

  9. Significance of a brand’s personality • Customers are more likely to buy a brand if they perceive that it is similar to their own personality • Consumers relate to brand personalities therefore adding value to the brand

  10. Five types of brand personalities • Excitement • Sincerity • Ruggedness • Competence • Sophistication

  11. Activity 1 • Get with your 11 o’clock appointment – EACH person must have a paper. • Complete “Pepi’s Pizza Case Study” together – you have 5 to 10 minutes! • Be ready to discuss questions

  12. Using brand touch points

  13. Pre-purchase touch points • Shape perceptions and expectations of the brand • Heighten brand awareness • Help potential customers understand benefits • Examples of pre-purchase touch points: • Web-sites • Word-of-mouth • Direct mail • Research • Sponsorship • Public relations • advertising

  14. Purchase or usage touch points • Move a customer from considering a company’s brand to purchasing a product and beginning a relationship with the company and its brand • Examples: • Direct field sales • Physical stores • Contact with customer representatives

  15. Post-purchase touch points • Come into play after the sale and maximize the customer experience • Goals of post-purchase touch points: • Deliver on brand promise • Meet or exceed performance and expectations • Increase brand loyalty • Ways to meets these goals: • Loyalty programs • Surveys • Warranties • Rebates

  16. Distinguish between corporate and distributor brands • Corporate brands represent the whole company. For example McDonald’s is a corporate brand. McDonalds sells several products (BigMac, McNuggets, McMuffin, etc). • Distributor brands are also called private distributor brands or ___________ brands. The store has its own brand that it sells to consumers. Gap is a store that sells Gap Jeans. Gap Jeans are a distributor brand they can only be purchased at a Gap store.

  17. Activity 2 • Complete “What’s Your Brand?” (see back of Pepi’s Pizza paper) using the magazines and construction paper provided in the back cabinet. • Fill your initials with the following: • First letter should include illustrations about how you view yourself. What are your values, attitudes, beliefs, hobbies etc.? What “level of quality” are you? • Second letter should include illustrations of how you want your peers to view you. Why would someone want to spend time with you? What qualities do you possess? How are you going to position yourself in the minds of your peers? • Third letter should include illustrations representing how you would like a future employer to perceive you. What makes you better than your competition (others applying for the same job)? What skills do you possess? What are you good at doing?

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