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Drivers of Brand Equity
Arveen Shaheel
B050
Slogans
• “Facebook is a social utility that connects you with the people
around you”
URL
• FB.com
Drivers of Brand Equity -
BrandElements
Brand Elements : Trademark devices that Identify & Differentiate the brand
Drivers of Brand Equity -
BrandElementsII
Logos
• Facebook Like Button
• Facebook Logo
• “f” Logo
Memorable
• Login Screen
• Short form - FB
Meaningful
• Slogan
• Digital Marketing &
Social Media
Likeability
• Like Button
• News Feed
• Pages
Protectable
• Customize Personal
Privacy Settings
Adaptable
• Translations
Available
• Time Line
• Filter Friends
Drivers of Brand Equity -
BrandElement Choice Criteria
• Product
Connecting the World.
Chat, Video Calling, Credits, Friends, Like, Message & Inbox, Groups & Pages,
News Feed, Notifications, Poke, Status Update, Timeline.
• Place
Mobile Access, Internet Connection.
• Promotion
A platform for Organizations to reach out & connect with Customers to sell their
Goods & Services.
• Pricing
Free to Use & Connect. Ads, Gifts, & Organizations who are connecting with
Users are charged.
Drivers of Brand Equity -
MarketingActivities
• People
The User on Facebook who you’re able to connect with. Make new Friends, or
connect with old-Friends & Family.
• Process
Easy Sign Up process; & two step Login. Available in Multiple language.
• Physical Evidence
A good & easy to understand interface. Successful in providing a platform for
easy, fun & realistic interaction.
Drivers of Brand Equity -
MarketingActivitiesII
The 7 P’s
• Product
• Place
• Promotion
• Price
• People
• Process
• Physical Evidence
Drivers of Brand Equity -
MarketingActivitiesIII
Facebook’s Marketing Activities and Strategies (The 7 P’s of Marketing Mix)
help it to connect with its Customers. Facebook is able to create a strong
dependency on the Customer through the Product’s value offerings. They
continuously innovate the manner in which the value offering is made. E.g.
Timeline, Likes on Comments.
Hence, helping the Brand - “Facebook” grow.
A positive Brand Knowledge is the foundation of Brand Equity.
In 2010, Facebook debuted with an ACSI score of 64—the lowest of any
measured website.
In 2011, Facebook makes a modest gain, up 3% to 66, even though—or
perhaps because—its user numbers have exploded, reaching almost 1
billion.
But considering Facebook’s low user satisfaction, its current size
dominance cannot be taken for granted in the future.
For companies that provide low levels of customer satisfaction, repeat
business is always a challenge unless customers lack adequate
choices, as in the case of near monopolies.
Brand Knowledge
“is a function of awareness, which relates to consumers’ ability to recognize
or recall the brand, and image, which consists of consumers’ perceptions
and of associations for the brand”

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Facebook-Brand Equity & Brand Knowledge

  • 1. Drivers of Brand Equity Arveen Shaheel B050
  • 2. Slogans • “Facebook is a social utility that connects you with the people around you” URL • FB.com Drivers of Brand Equity - BrandElements Brand Elements : Trademark devices that Identify & Differentiate the brand
  • 3. Drivers of Brand Equity - BrandElementsII Logos • Facebook Like Button • Facebook Logo • “f” Logo
  • 4. Memorable • Login Screen • Short form - FB Meaningful • Slogan • Digital Marketing & Social Media Likeability • Like Button • News Feed • Pages Protectable • Customize Personal Privacy Settings Adaptable • Translations Available • Time Line • Filter Friends Drivers of Brand Equity - BrandElement Choice Criteria
  • 5. • Product Connecting the World. Chat, Video Calling, Credits, Friends, Like, Message & Inbox, Groups & Pages, News Feed, Notifications, Poke, Status Update, Timeline. • Place Mobile Access, Internet Connection. • Promotion A platform for Organizations to reach out & connect with Customers to sell their Goods & Services. • Pricing Free to Use & Connect. Ads, Gifts, & Organizations who are connecting with Users are charged. Drivers of Brand Equity - MarketingActivities
  • 6. • People The User on Facebook who you’re able to connect with. Make new Friends, or connect with old-Friends & Family. • Process Easy Sign Up process; & two step Login. Available in Multiple language. • Physical Evidence A good & easy to understand interface. Successful in providing a platform for easy, fun & realistic interaction. Drivers of Brand Equity - MarketingActivitiesII
  • 7. The 7 P’s • Product • Place • Promotion • Price • People • Process • Physical Evidence Drivers of Brand Equity - MarketingActivitiesIII Facebook’s Marketing Activities and Strategies (The 7 P’s of Marketing Mix) help it to connect with its Customers. Facebook is able to create a strong dependency on the Customer through the Product’s value offerings. They continuously innovate the manner in which the value offering is made. E.g. Timeline, Likes on Comments. Hence, helping the Brand - “Facebook” grow.
  • 8. A positive Brand Knowledge is the foundation of Brand Equity. In 2010, Facebook debuted with an ACSI score of 64—the lowest of any measured website. In 2011, Facebook makes a modest gain, up 3% to 66, even though—or perhaps because—its user numbers have exploded, reaching almost 1 billion. But considering Facebook’s low user satisfaction, its current size dominance cannot be taken for granted in the future. For companies that provide low levels of customer satisfaction, repeat business is always a challenge unless customers lack adequate choices, as in the case of near monopolies. Brand Knowledge “is a function of awareness, which relates to consumers’ ability to recognize or recall the brand, and image, which consists of consumers’ perceptions and of associations for the brand”

Hinweis der Redaktion

  1. Memorable – How easy is the brand element Recalled & RecognizedMeaningful – Is the brand element credible & suggestive of corresponding category – Inherent MeaningLikeability – Aesthetically AppealingProtectable – How legally Protectable is the brandAdaptable – How adaptable and updatable is the brand