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Why are there not more  valuable services brands? Leslie de Chernatony Professor of Brand Marketing Birmingham University Business School [email_address] May 2008 ©  Professor L de Chernatony, 2008
[object Object],[object Object],[object Object],[object Object],The journey
Brands matter ,[object Object],[object Object],[object Object],[object Object],Madden, Fehle and Fournier (2006) Journal of Academy of Marketing Science
What is my brand? Added value Identity – image Relationship  Risk reducer Financial Visionary Promise Personality Emotion  Values  Self or culture Positioning Functionalism Integrated strategy Differentiation Logo Shorthand
Brand as promise A promise which is Distinctive Valued Consistently delivered Kept over time Source : Wolff Olins
Shifting brand paradigm   Tangibles Values through communication Problems Services Successes Values through culture Co-created value Frozen value
Discontinuity :  Build a Bear Workshop ,[object Object],[object Object],[object Object],Buy a shell, stuff it, give it a heart create its voice, stitch it, give it a lifestyle through accessories then create a community
 
Aligning brand-staff values Lush managers are independent, vivacious and dynamic- but we need more of them! Our store managers could be likened to our GODIVA shampoo and conditioning bars – ready to ride through the streets naked for their cause (although we’ve not asked them yet!).  Our store managers must be confident and capable
Challenge of services brands Consumers Employees Services brand Corporation Image Experience Internal culture
Staff as brand builder Understanding High Low Low  High Commitment Bystanders Champions Weak links Loose cannons
Interbrand Best Global Brands 2007 33% service 67% products 1 financial services brand with country of origin in the UK
Assessing brand success Facet Discounted future earnings Offers significant emotional and/or physical advantages Consumers’ feelings and behaviour Brands potential for growth Company value Corporate reputation Admired by peers Trust Method Interbrand Superbrands Millward Brown/WPP Brandz study Y&R BrandAsset Valuator FT Global 500 Report Fortune Management Today Reader’s Digest
Typical interviews CEO/MD HR Director Operations/ Customer  Service  Director Marketing  Director Agencies “ Ultimate decider” Operations/  Customer  Services  Manager HR Manager Marketing  Manager 3 customer  services staff “ Key influencers” “ Enactors”
Brand characteristics Big idea Successful Less successful Supporting brand components
Brand is holistic experience ,[object Object],[object Object],[object Object]
Brand as holistic experience Service brand Staff Communications Environment
Brand as holistic experience ,[object Object],[object Object],[object Object],[object Object]
Staff are brand literate ,[object Object],[object Object],[object Object],[object Object]
Internalising the brand Employees internalise Codified brand Comprehended  brand Interpreted brand Brand  ethos Employee belief and commitment threshold Corporate control
Different departments’ contributions MARKETING : Brand guardians - Define brand and supporting strategy - Internal liaison for coherent enactment - Align image with identity by monitoring gaps Brand HR : Brand enablers CUSTOMER SERVICE : Promise deliverers - Develop, implement and refine HR policies - Lubricate other departments’ processes to support the brand - Facilitate employee buy-in - Living exemplars - Behaviour to naturally enact brand - Pan-company interactions to support brand - Relationship builders recovering problems
Integrating departments’ support Facilitating Factors Impeding Factors Hygiene Factors: Interact * Meetings * Tactical HR processes * Technology * Hard work * Internal communications * Monitoring Brand-related factors: Collaborate * Importance of leader * Cross-functional teams * Special projects * Planning * Appropriate culture * Structure * Communications * Culture of internal tension and lack of inter-departmental cooperation
Excellent, personalised  customer service Functional values Emotional values Promised experience +
Excellent, personalised  customer service Core benefit Facilitating services Supporting services (Gronroos 2000) Brand
Excellent, personalised  customer service Core benefit Facilitating services Supporting services Customer participation Accessibility Interactions (Gronroos 2000) Brand
Excellent, personalised  customer service ,[object Object],[object Object],[object Object],[object Object]
Responsive to change ,[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object],[object Object]

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Leslie de Chernatony Mondragon Brand Seminar 2008

  • 1. Why are there not more valuable services brands? Leslie de Chernatony Professor of Brand Marketing Birmingham University Business School [email_address] May 2008 © Professor L de Chernatony, 2008
  • 2.
  • 3.
  • 4. What is my brand? Added value Identity – image Relationship Risk reducer Financial Visionary Promise Personality Emotion Values Self or culture Positioning Functionalism Integrated strategy Differentiation Logo Shorthand
  • 5. Brand as promise A promise which is Distinctive Valued Consistently delivered Kept over time Source : Wolff Olins
  • 6. Shifting brand paradigm Tangibles Values through communication Problems Services Successes Values through culture Co-created value Frozen value
  • 7.
  • 8.  
  • 9. Aligning brand-staff values Lush managers are independent, vivacious and dynamic- but we need more of them! Our store managers could be likened to our GODIVA shampoo and conditioning bars – ready to ride through the streets naked for their cause (although we’ve not asked them yet!). Our store managers must be confident and capable
  • 10. Challenge of services brands Consumers Employees Services brand Corporation Image Experience Internal culture
  • 11. Staff as brand builder Understanding High Low Low High Commitment Bystanders Champions Weak links Loose cannons
  • 12. Interbrand Best Global Brands 2007 33% service 67% products 1 financial services brand with country of origin in the UK
  • 13. Assessing brand success Facet Discounted future earnings Offers significant emotional and/or physical advantages Consumers’ feelings and behaviour Brands potential for growth Company value Corporate reputation Admired by peers Trust Method Interbrand Superbrands Millward Brown/WPP Brandz study Y&R BrandAsset Valuator FT Global 500 Report Fortune Management Today Reader’s Digest
  • 14. Typical interviews CEO/MD HR Director Operations/ Customer Service Director Marketing Director Agencies “ Ultimate decider” Operations/ Customer Services Manager HR Manager Marketing Manager 3 customer services staff “ Key influencers” “ Enactors”
  • 15. Brand characteristics Big idea Successful Less successful Supporting brand components
  • 16.
  • 17. Brand as holistic experience Service brand Staff Communications Environment
  • 18.
  • 19.
  • 20. Internalising the brand Employees internalise Codified brand Comprehended brand Interpreted brand Brand ethos Employee belief and commitment threshold Corporate control
  • 21. Different departments’ contributions MARKETING : Brand guardians - Define brand and supporting strategy - Internal liaison for coherent enactment - Align image with identity by monitoring gaps Brand HR : Brand enablers CUSTOMER SERVICE : Promise deliverers - Develop, implement and refine HR policies - Lubricate other departments’ processes to support the brand - Facilitate employee buy-in - Living exemplars - Behaviour to naturally enact brand - Pan-company interactions to support brand - Relationship builders recovering problems
  • 22. Integrating departments’ support Facilitating Factors Impeding Factors Hygiene Factors: Interact * Meetings * Tactical HR processes * Technology * Hard work * Internal communications * Monitoring Brand-related factors: Collaborate * Importance of leader * Cross-functional teams * Special projects * Planning * Appropriate culture * Structure * Communications * Culture of internal tension and lack of inter-departmental cooperation
  • 23. Excellent, personalised customer service Functional values Emotional values Promised experience +
  • 24. Excellent, personalised customer service Core benefit Facilitating services Supporting services (Gronroos 2000) Brand
  • 25. Excellent, personalised customer service Core benefit Facilitating services Supporting services Customer participation Accessibility Interactions (Gronroos 2000) Brand
  • 26.
  • 27.
  • 28.