BRANDING Matti Helelä, Senior Lecturer HAAGA-HELIA University of Applied Sciences September 2014 http://myy.haaga-helia.fi/~liibba/brands-mh-2014.pptx Products are made in the factory, but brands are built in the mind. A brand is a promise. STRONG BRANDS CAN LIVE FOREVER … even if the physical product takes a new form 3 ANYTHING CAN BE MANAGED AS A BRAND 4 FINNISH PEOPLE LOVE THESE BRANDS 5 THE MOST VALUED WEB BRANDS IN FINLAND 2013 Google Yle Areena Ilmatieteen laitos HSL Reittiopas HelMet Recommendations by friends influence the choices Source: Taloustutkimus 2013 6 GREAT BRANDS TOUCH US Brands are about hearts and minds, feelings and emotions. They make us feel better, different, happier, bigger, smaller, more comfortable, warmer, more confident. Great brands stand for something that people believe in and that matters to them. 7 THE WORLD’S STRONGEST BRANDS SHARE 10 ATTRIBUTES 1. 2. 3. 4. 5. 6. The brand excels at delivering the benefits the consumers truly desire. The brand stays relevant. The pricing strategy is based on consumer perceptions of value. The brand is properly positioned. The brand is consistent. The brand portfolio and hierarchy make sense. 8 …CONTINUED 7. The brand makes use of and coordinates a full repertoire of marketing activities to build equity. 8. The brand managers understand what the brand means to consumers. 9. The brand is given proper, sustained support. 10. The company monitors sources of brand equity. 9 (Interbrand) SOME BRAND DEFINITIONS Products are made in the factory, but brands are built in the mind. Brand is not just a product but a relationship with the customer. A brand is a promise. A brand is the sum of all intangible and tangible elements. The intangible elements connect products with people. 10 BRAND IDENTITY A unique set of brand associations that the management intends to create or maintain. These associations represent what the brand stands for and imply a promise to customers from the organization members. 11 BRAND IMAGE A unique set of associations in the minds of customers concerning what a brand stands for and the implied promises the brand makes. A set of beliefs held about the brand. 12 CREATING A BRAND STRATEGY www.marketingmo.com/strategic-planning/brandstrategy 13 BRAND IDENTITY AND BRAND IMAGE Brand models Aaker (Brand identity) Gad (Four dimensions) Knapp (Brand mindset) Kunde (Brand religion) Kapferer Ind (Internal branding) Keller 14 BRAND IDENTITY Value proposition Functional benefits Emotional benefits Self-expressive benefits Credibility Relationship 15 Source: David A. Aaker 16 Thomas Gad: 4-D Branding 17 Copyright Tuula Kauhanen May 2009 BRAND GUIDELINES / GROUP TASK Compare the brand guidelines/manuals: Who? Target group? Why? Purpose? What? Content? Present your favourite one: Who? Why? What? What do you like? What would you change? 18 BRAND MIND SPACE (BY THOMAS GAD) The functional dimension concerns the perception of benefit of the product or service associated with the brand. The social dimension concerns the ability to create identification with a group. The spiritual dimension is the perception of global or local responsibility. The mental dimension is the ability to support the individual mentally. 19 BRAND MIND SPACE OF YOUR FAVOURITE BRAND? Functional dimension Social dimension Spiritual dimension Mental dimension 20 BRAND IDENTITY 21 BRAND IDENTITY Brand Brand Brand Brand as as as as a product an organisation a person a symbol 22 Source: David A. Aaker Projection: If ______ Became a Person, what would they be like? Brand 2 Brand 1 x x Brand 3 x 23 Projection: If ______ Became a Person, what would they be like? Brand 2 Brand 1 x x Brand 3 x 24 Projection: If ______ Became a Person, what would they be like? iPhone Lumia Samsung Galaxy Hipster Elegant Trendsetter Colorful Creative Big Addicted to adventures Popular Trustful Trendy Sturdy Stubborn Arrogant Friendly Young Multitasking Witty Fast Full of themselves Slow Old technology High Cheater Unbreakable Disorder quality 25 Results from ten years ago Motorola Nokia Y O Sony W 26 Results from ten years ago Motorola Nokia Young male Older Sharp suit, no tie Gray Easy going, well rounded Entrepreneurial Trendy, Stylish Plugged-in Playful Open-minded male, gray hair suit Conservative, Not Male Celebrity uptight, serious “A bit Wealthy Established Successful Engineer Sony type of a bore” socially skilled Techno-speak but cool executive slick-but he’s got the goods Stylish, Risk-taker Aggressive Arrogant Good (non-Asia) at everything 27 28 BRAND CO-CREATION (© 2009 Matti Helelä) Think about co-creating the brand With stakeholders hand in hand Redefining the organization's mission Based on a new realistic vision 29 CO-CREATE THE BRAND WITH YOUR FANS (© 2009 Matti Helelä) Target audience activation Is the main consideration Inspire the fans to live the brand Creating it with you hand in hand The brand is created in the customer’s mind Business is the right kind When you live the brand in everyday life And the brand is truthful in the customer’s eyes 30 Visit Finland as the Challenger Brand of Travel Marketing Jaakko Lehtonen Director General, Finnish Tourist Board 31 THE FOUR CS Creative Technologically, academically and culturally attractive; architecture and design; with a touch of creative madness Contrasting Credible Cool Seasons, east/west, Efficient Nice, happening, cold/warm, midnight infrastructure, trendy, and refreshingly crisp . sun/winter darkness, services, safety and sauna/ice swimming . security, and technology. 32 SAMPLES OF PROMOTIONAL CAMPAIGNS 33 34 35 FINLAND 36 37 38 39 40 41 42 43 BRAND POSITIONING – THREE CORNERSTONES 44 THREE APPEARANCES OF THE BRAND 45 ALL THE TOUCH POINTS The brand should speak the same language and keep the brand promise. 46 BRAND COMMUNICATION Planned communication Advertising, sales promotion, PR, personal selling, direct marketing, social media Product communication Service communication Unplanned communication Remember the five senses! 47 VISUAL IDENTITY 48 VISUAL IDENTITY 49 www.finnair.fi BRAND STRATEGY 50 COBRANDING 51 COBRANDING 52 BRAND STRATEGY 53 THE MOST POWERFUL IMPACT IS MADE PEOPLE BY 54 SOURCES Brands Aaker, David 1996. Building Strong Brands. New York: Free Press. Aaker, David and Joachimsthaler, Erich 2000. Brand Leadership. New York: The Free Press. Andrew, David 1998. Brand Revitalisation and Extension. In Hart, Susannah, and Murphy, John (eds.) 1998. Brands, the New Wealth Creators. Houndmills: MacMillan Press Ltd. Gad, Thomas 2001. 4-D Branding. Cracking the corporate code of the network economy. London: Financial Times. Prentice Hall. Ind, Nicholas 2004. Living the brand. Kogan Page. Kapferer, Jean-Noël 2004. The new brand management. Kogan Page. Knapp, Duane E. 2000. The Brand Mindset. New York: McGraw-Hill. Kotler, Philip and Pfoertsch, Waldemar 2006. B2B Brand Management. Springer Berlin Heidelberg. 55 SOURCES Kotler, Philip and Pfoertsch, Waldemar 2006. B2B Brand Management. Springer Berlin Heidelberg. Kotler, Philip and Pfoertsch, Waldemar 2007. Being known or being one of many: the need for brand management for business-to-business companies. Journal of Business & Industrial marketing 22/6. Kunde, Jesper 2002. Unique now…or never. Prentice Hall. Interbrand 2010. www.brandchannel.com. Interbrand 2010. www.interbrand.com. Helelä, Matti 2010. Senior Lecturer. Haaga-Helia University of Applied Sciences. Kalela, Suvi 2010. Senior Lecturer. Haaga-Helia University of Applied Sciences. Kauhanen, Tuula 2009. Senior Lecturer. Haaga-Helia University of Applied Sciences. 56 THANK YOU Gracias Danke Kiitos 57