SlideShare a Scribd company logo
1 of 23
WHY BRANDING IS IMPORTANT And how to take it to the next level
WHY YOU SHOULD HATE BRANDING $
$
WHY WE SHOULD   LOVE BRANDING Branding forces management  to  articulate ,  plan  and  manage  what they want the brand to achieve for the organization over the next 3-5 years, relative to customer growth, revenue and profit contributions. (1 reason)
Brand Consumers Company Information & input Innovation  & execution Value & relation-ship Profits
WHY WE SHOULD LOVE BRANDING (the other, more important, reason) “ Heuristics”
iPod vs. Zune Maybank vs. CIMB Toyota vs. Honda RAM vs. processor speed Firefox vs. Safari AirAsia vs. MAS Bangsar vs. Damansara Heights PAS vs. BN Digital vs. traditional Football vs. futsball Bold vs. italic Starbucks vs. Coffee Bean Sales vs. profitability Small wedding vs. exotic honeymoon Web 1.0 vs. Web 2.0
“ Buyers make most decisions by relying on their two-second first impressions based on stored memories, images and feelings.” Blink: The Power of Thinking Without Thinking By Malcolm Gladwell “ Because brand-influenced heuristics impact buyer decision-making, companies with strong brands often have better financial perform-ance. The  heuristics  used by potential buyers lead to greater access, shorter sales cycles, lower price sensitivity, better openness, and more forgiveness for mistakes for well-branded companies.” Business Market Management: Understanding, Creating, and Delivering Value By James Anderson and James Narus RULES
Baby EMOTION Some Japanese women put off having a baby until they can buy a Louis Vuitton handbag
SALE! B = T + V + E
SALE! ,[object Object],[object Object],[object Object]
Strategic branding
 
1960s Experience 1900s Benefits 1880s Features
2006 -> Context based 2000s  Segments 1980s Identification
PASSION Demographics, etc. Collaborative filtering Attitudinal Social media  Personal Behavioural S-E-G-M-E-N-T-A-T-I-O-N
Segmentation Branding Promotion Passion ?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sustain Deliver  Define Sense TRIBAL BRANDING
HOW WE CAN ENABLE… Tagging, Web 2.0, User Generated Content, Surveys, Interactivity, Games, Stakeholder Panels, Review, Personalization, Word-of-Mouth, Events, Demonstrations, Purchase, Trial, Sampling, Subscription, Download, Bookmark, Visit, Brand Ambassador, Measurement, Customer Co-creation, Conversation, Links, Click Streams, RSS feeds, Adoption, Advertising, Pass-alongs, Videos, Podcasts/Vidcasts, Facebook Groups, Forums, User Conferences, Seminars/Webinars, Ranking, Referrals, Retention, Evangelism, PR, Blogs, Twitter, Dialog, Social Bookmarking, Test Drive, Coupon Redemption, Downloads, Investment… and more! … ENGAGEMENT WITH YOUR BRAND
1. How do you create a  customer experience  that drives emotion and ensures loyalty? 2. What is the best way to differentiate your experiences from your competitors, and to  make this differentiation visible  to your customers and prospects? 3. How do you ensure that front-liners  consistently deliver  a quality customer experience? ( staying on-brand ) SMART BRAND QUESTIONS
PROBLEM: One of US largest banks; operations in 25 countries; 20,000 employees ,[object Object],[object Object],[object Object],[object Object],New CEO: Vision = “focus on customer experience to be most admired financial institution in the markets we serve”
SOLUTION: BETTER CUSTOMER EXPERIENCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Payoffs Initiatives 5 strategic themes
Thank you Nick Wreden [email_address]

More Related Content

What's hot

What's hot (20)

The Power Of Brand
The Power Of BrandThe Power Of Brand
The Power Of Brand
 
Basics Of Brand Strategy
Basics Of Brand StrategyBasics Of Brand Strategy
Basics Of Brand Strategy
 
Brand management Full notes
Brand management Full notesBrand management Full notes
Brand management Full notes
 
brands management
brands managementbrands management
brands management
 
How to define your brand positioning
How to define your brand positioningHow to define your brand positioning
How to define your brand positioning
 
Building a brand
Building a brandBuilding a brand
Building a brand
 
Brand management ppt
Brand management ppt Brand management ppt
Brand management ppt
 
Brand Management
Brand ManagementBrand Management
Brand Management
 
Branding presentation 15 mins
Branding presentation 15 minsBranding presentation 15 mins
Branding presentation 15 mins
 
Developing a Brand Strategy
Developing a Brand StrategyDeveloping a Brand Strategy
Developing a Brand Strategy
 
Brand management
Brand managementBrand management
Brand management
 
brand/branding/brand hierarchy
brand/branding/brand hierarchybrand/branding/brand hierarchy
brand/branding/brand hierarchy
 
Brand Personality
Brand PersonalityBrand Personality
Brand Personality
 
Brand Positioning PowerPoint Presentation Slides
Brand Positioning PowerPoint Presentation Slides  Brand Positioning PowerPoint Presentation Slides
Brand Positioning PowerPoint Presentation Slides
 
Branding, Brand value & Brand Equity
Branding, Brand value & Brand EquityBranding, Brand value & Brand Equity
Branding, Brand value & Brand Equity
 
Brand Communications
Brand CommunicationsBrand Communications
Brand Communications
 
Brand Management
Brand Management Brand Management
Brand Management
 
Branding Made Easy
Branding Made EasyBranding Made Easy
Branding Made Easy
 
Brand startegies ppt
Brand startegies pptBrand startegies ppt
Brand startegies ppt
 
Brand & brand strategy
Brand & brand strategy Brand & brand strategy
Brand & brand strategy
 

Viewers also liked (6)

Branding ppt
Branding pptBranding ppt
Branding ppt
 
The concept of Branding
The concept of BrandingThe concept of Branding
The concept of Branding
 
Brand Management - Walt Disney (Case Study)
Brand Management - Walt Disney (Case Study)Brand Management - Walt Disney (Case Study)
Brand Management - Walt Disney (Case Study)
 
presentation of brands
presentation of brandspresentation of brands
presentation of brands
 
Brand ppt
Brand pptBrand ppt
Brand ppt
 
Consumer Behaviour-Attitude
Consumer Behaviour-AttitudeConsumer Behaviour-Attitude
Consumer Behaviour-Attitude
 

Similar to Why Branding is Important

Young marketers elite 4 assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young marketers elite 4   assignment 2.1 - quang minh -bao nhu-quynh phuong -...Young marketers elite 4   assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young marketers elite 4 assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Cường Phan
 
Downloads abc 2006 - presentation downloads-brand advertising
Downloads abc 2006 - presentation downloads-brand advertisingDownloads abc 2006 - presentation downloads-brand advertising
Downloads abc 2006 - presentation downloads-brand advertising
bikram120
 
Week 3: Marketing and Entrepreneurship
Week 3: Marketing and EntrepreneurshipWeek 3: Marketing and Entrepreneurship
Week 3: Marketing and Entrepreneurship
lisahaggis
 
Q N Y Marketing
Q N Y  MarketingQ N Y  Marketing
Q N Y Marketing
agrinbaum
 
What the customer wants you to know
What the customer wants you to knowWhat the customer wants you to know
What the customer wants you to know
Moch Kurniawan
 
Asb conference gen y v2
Asb conference   gen y v2Asb conference   gen y v2
Asb conference gen y v2
Peter Meredith
 

Similar to Why Branding is Important (20)

Brand planning
Brand planningBrand planning
Brand planning
 
Marketing for Small Business
Marketing for Small BusinessMarketing for Small Business
Marketing for Small Business
 
Young Marketers Elite 4 - assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young Marketers Elite 4 - assignment 2.1 - quang minh -bao nhu-quynh phuong -...Young Marketers Elite 4 - assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young Marketers Elite 4 - assignment 2.1 - quang minh -bao nhu-quynh phuong -...
 
Young marketers elite 4 assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young marketers elite 4   assignment 2.1 - quang minh -bao nhu-quynh phuong -...Young marketers elite 4   assignment 2.1 - quang minh -bao nhu-quynh phuong -...
Young marketers elite 4 assignment 2.1 - quang minh -bao nhu-quynh phuong -...
 
Cash In On Your Brand
Cash In On Your BrandCash In On Your Brand
Cash In On Your Brand
 
Brand advertising
Brand advertisingBrand advertising
Brand advertising
 
Downloads abc 2006 - presentation downloads-brand advertising
Downloads abc 2006 - presentation downloads-brand advertisingDownloads abc 2006 - presentation downloads-brand advertising
Downloads abc 2006 - presentation downloads-brand advertising
 
Brand advertising
Brand advertisingBrand advertising
Brand advertising
 
Week 3: Marketing and Entrepreneurship
Week 3: Marketing and EntrepreneurshipWeek 3: Marketing and Entrepreneurship
Week 3: Marketing and Entrepreneurship
 
Essentials Of Branding
Essentials Of BrandingEssentials Of Branding
Essentials Of Branding
 
The Business Partner Story
The Business Partner StoryThe Business Partner Story
The Business Partner Story
 
Discovering new drive for Business Growth: Digital Marketing
Discovering new drive for Business Growth: Digital MarketingDiscovering new drive for Business Growth: Digital Marketing
Discovering new drive for Business Growth: Digital Marketing
 
Future of marketing 1/2 - CIM and BL's presentations
Future of marketing 1/2 - CIM and BL's presentationsFuture of marketing 1/2 - CIM and BL's presentations
Future of marketing 1/2 - CIM and BL's presentations
 
Q N Y Marketing
Q N Y  MarketingQ N Y  Marketing
Q N Y Marketing
 
A Refresher On Brands Branding And Business Strategy
A Refresher On Brands Branding And Business StrategyA Refresher On Brands Branding And Business Strategy
A Refresher On Brands Branding And Business Strategy
 
Why Branding is Important - 2E
Why Branding is Important - 2EWhy Branding is Important - 2E
Why Branding is Important - 2E
 
What the customer wants you to know
What the customer wants you to knowWhat the customer wants you to know
What the customer wants you to know
 
What's the ROI of Social Media?
What's the ROI of Social Media?What's the ROI of Social Media?
What's the ROI of Social Media?
 
Psn Bkfst Seminar Oct 15 09 Ppt Final Revised
Psn Bkfst Seminar Oct 15 09 Ppt Final RevisedPsn Bkfst Seminar Oct 15 09 Ppt Final Revised
Psn Bkfst Seminar Oct 15 09 Ppt Final Revised
 
Asb conference gen y v2
Asb conference   gen y v2Asb conference   gen y v2
Asb conference gen y v2
 

More from University Technology Malaysia

Seminar: Everything You Need To Know About Social Marketing for Profitability...
Seminar: Everything You Need To Know About Social Marketing for Profitability...Seminar: Everything You Need To Know About Social Marketing for Profitability...
Seminar: Everything You Need To Know About Social Marketing for Profitability...
University Technology Malaysia
 

More from University Technology Malaysia (9)

Initiative for Social Business Innovation (ISBI)
Initiative for Social Business Innovation (ISBI)Initiative for Social Business Innovation (ISBI)
Initiative for Social Business Innovation (ISBI)
 
Socialmedia seminar-sampling
Socialmedia seminar-samplingSocialmedia seminar-sampling
Socialmedia seminar-sampling
 
Innovation in the Social Economy
Innovation in the Social EconomyInnovation in the Social Economy
Innovation in the Social Economy
 
Seminar: Everything You Need To Know About Social Marketing for Profitability...
Seminar: Everything You Need To Know About Social Marketing for Profitability...Seminar: Everything You Need To Know About Social Marketing for Profitability...
Seminar: Everything You Need To Know About Social Marketing for Profitability...
 
Winning Hearts, Minds & Wallets of High Net Worth Individuals
Winning Hearts, Minds & Wallets of High Net Worth IndividualsWinning Hearts, Minds & Wallets of High Net Worth Individuals
Winning Hearts, Minds & Wallets of High Net Worth Individuals
 
Investor Relations in the Age of MySpace
Investor Relations in the Age of MySpaceInvestor Relations in the Age of MySpace
Investor Relations in the Age of MySpace
 
How to brand a destination using Web 2.0
How to brand a destination using Web 2.0How to brand a destination using Web 2.0
How to brand a destination using Web 2.0
 
HOW TO BRAND A DESTINATION
HOW TO BRAND A DESTINATIONHOW TO BRAND A DESTINATION
HOW TO BRAND A DESTINATION
 
Self Segmentation
Self SegmentationSelf Segmentation
Self Segmentation
 

Recently uploaded

The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
dlhescort
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Anamikakaur10
 

Recently uploaded (20)

JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 

Why Branding is Important

  • 1. WHY BRANDING IS IMPORTANT And how to take it to the next level
  • 2. WHY YOU SHOULD HATE BRANDING $
  • 3. $
  • 4. WHY WE SHOULD LOVE BRANDING Branding forces management to articulate , plan and manage what they want the brand to achieve for the organization over the next 3-5 years, relative to customer growth, revenue and profit contributions. (1 reason)
  • 5. Brand Consumers Company Information & input Innovation & execution Value & relation-ship Profits
  • 6. WHY WE SHOULD LOVE BRANDING (the other, more important, reason) “ Heuristics”
  • 7. iPod vs. Zune Maybank vs. CIMB Toyota vs. Honda RAM vs. processor speed Firefox vs. Safari AirAsia vs. MAS Bangsar vs. Damansara Heights PAS vs. BN Digital vs. traditional Football vs. futsball Bold vs. italic Starbucks vs. Coffee Bean Sales vs. profitability Small wedding vs. exotic honeymoon Web 1.0 vs. Web 2.0
  • 8. “ Buyers make most decisions by relying on their two-second first impressions based on stored memories, images and feelings.” Blink: The Power of Thinking Without Thinking By Malcolm Gladwell “ Because brand-influenced heuristics impact buyer decision-making, companies with strong brands often have better financial perform-ance. The heuristics used by potential buyers lead to greater access, shorter sales cycles, lower price sensitivity, better openness, and more forgiveness for mistakes for well-branded companies.” Business Market Management: Understanding, Creating, and Delivering Value By James Anderson and James Narus RULES
  • 9. Baby EMOTION Some Japanese women put off having a baby until they can buy a Louis Vuitton handbag
  • 10. SALE! B = T + V + E
  • 11.
  • 13.  
  • 14. 1960s Experience 1900s Benefits 1880s Features
  • 15. 2006 -> Context based 2000s Segments 1980s Identification
  • 16. PASSION Demographics, etc. Collaborative filtering Attitudinal Social media Personal Behavioural S-E-G-M-E-N-T-A-T-I-O-N
  • 18.
  • 19. HOW WE CAN ENABLE… Tagging, Web 2.0, User Generated Content, Surveys, Interactivity, Games, Stakeholder Panels, Review, Personalization, Word-of-Mouth, Events, Demonstrations, Purchase, Trial, Sampling, Subscription, Download, Bookmark, Visit, Brand Ambassador, Measurement, Customer Co-creation, Conversation, Links, Click Streams, RSS feeds, Adoption, Advertising, Pass-alongs, Videos, Podcasts/Vidcasts, Facebook Groups, Forums, User Conferences, Seminars/Webinars, Ranking, Referrals, Retention, Evangelism, PR, Blogs, Twitter, Dialog, Social Bookmarking, Test Drive, Coupon Redemption, Downloads, Investment… and more! … ENGAGEMENT WITH YOUR BRAND
  • 20. 1. How do you create a customer experience that drives emotion and ensures loyalty? 2. What is the best way to differentiate your experiences from your competitors, and to make this differentiation visible to your customers and prospects? 3. How do you ensure that front-liners consistently deliver a quality customer experience? ( staying on-brand ) SMART BRAND QUESTIONS
  • 21.
  • 22.
  • 23. Thank you Nick Wreden [email_address]