Managing Brands Over Time Chapter 13 Reinforcing Brands • Use marketing actions that consistently convey the meaning of the brand to consumers in terms of awareness and image • Fortify the brand by raising awareness and building favorable associations sponsorships, product placements Brand Concept Management • Functional benefits - solve consumer related problems • Symbolic benefits - needs for social approval or personal expression; “badge brands” • Experiential benefits - sensory pleasure, variety Brand Concept Management: Functional Concept Intro Clorox Bleach Elaboration Fortification Prob/solve Pre-wash stain strategy remover Usage New scents ________extension (cotton to synthetics) Vaseline prob/solve Lotion Jelly Extensions Baby wipes Symbolic & Experiential Concepts Brand Godiva Apple Lego Aveda Elaboration Fortification symbolic Gold box Customizing Controlled dist Retail stores experiential Accessories Furniture Aromatherapy Make-up Revitalizing Brands • • • • Recapturing lost sources of equity Returning to values of original brand Repositioning Expanding awareness and image Comeback Stories • RCA - went from obsolete TV image to Satellite System with DirecTV; new campaign with “Chipper” dog logo • Hush Puppies - suede shoes image changed with new designs, ad campaign and Forrest Gump placement • Adidas - After losing to Nike and Reebok, targeted young urbans, Rappers and Kobe to make 3 stripes cool again Expanding the Breadth of Brand Awareness • Finding new uses for the brand with TOM awareness (Cheeze Whiz recipes, Folgers coffee singles) • Reminding consumers to replace products with short lifespan (Oral-B) • Providing innovative package design (MentaDent) Improving Brand Image • Repositioning with points of difference or points of parity • Changing brand elements (KFC) • Entering new markets (Frosted Flakes) • Targeting new segments (Brylcreen Power Gel) Adjustments to Brand Portfolio • Migration strategies (Dockers) • Acquire new customers (VW) • New distribution outlets (Kmart; Internet sales) • Line extension or sub brands (TJs) • IMC campaigns for each segment (Dewars Profiles) • Retiring obsolete brands/products Maintaining Equity at the Movies • How can Disney maintain brand equity for the film Bambi over the years? • How does Disney expand brand equity through film production? • Are there any sub-brands that Disney should consider retiring? Managing Nivea’s Brand Portfolio • What is the US image of Nivea? • How did Nivea create a POD through associations of ‘mildness and gentleness” to the brand as a whole? To sub-brands? • What role did the Blue Harmony ad campaign play in positioning the brand? • What should be the next step for Nivea?