Brand Architecture: Designing Your Brand Portfolio for Success September, 2014 AGENDA Agenda Brand Architecture Defined – Why Brand Architecture – Brand Portfolio Roles Brand Architecture Solutions – Types of Brand Architecture – Strategic Considerations Brand Architecture Development Process Application: McDonald’s Masterbrand Under Fire Conclusion 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 1 Naming a company is just the first of many business decisions - and may not even be the most important! Products, business units, specific services, marketing programs, features, line extensions, apps, web sites and more all need monikers. How these names relate is the difference between brand coherence and brand confusion. 2012 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 2 BRAND ARCHITECTURE DEFINED What’s In a Name? Brand architecture provides the rules for naming assets in the brand portfolio and specifies the relationships between them. It also determines marketing investment priorities and whether and how new acquisitions should be integrated to the portfolio. A clear architecture contributes to brand health and company value. Makes it easier for customers to navigate offerings and avoid confusion Ensures the masterbrand is leveraged without overstretching Guides new product and innovation development Ensures customer considerations are is central to naming decisions Provides direction for where to focus marketing investments 2012 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission Each naming decision has implications for future decisions, so it’s important to have a plan. 3 BRAND ARCHITECTURE DEFINED Architecture Rules Brand architecture represents the brand to external stakeholders. The optimal architecture may not line up neatly with internal organizational structures – and that’s okay! Organizational Structure is Internally Facing Brand Architecture Is Externally Facing Masterbrand A Corporate Business Unit Brand B Endorsed by A Subbrand C Subbrand D Products Business Unit Products Business units are not brands. Ingredient or Feature 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 4 BRAND ARCHITECTURE DEFINED Brand Architecture = Face of the Business Each portfolio brand asset needs a clear role that links it to other assets. Brand Role Descriptions Corporate Brand Master Brand (Driver) Endorser Brand Company name and legal entity. Often used as endorser but may not be customer facing at all. Drives purchase decision and defines user experience. Most strongly represents the differentiation inherent to the offer. Master Brand Sub-Brand Provides approval, credibility or guarantee to a range of products, but is usually not the driver. SubBrand Derives equity from another brand, usually the Master. Ingredient Brand Features, materials, components or parts that are contained within other branded products. Not an equity driver, often an equity energizer. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 1.5 Endorser Brand Clear roles simplify decisions about brand expression 5 BRAND ARCHITECTURE DEFINED Architecture Basics: Brand Roles “Sony” plays multiple roles in its portfolio. Some offerings have stand-alone brands. Corporate Brand Master Brands Master Brand: Allows equity to be shared among brand assets when used in either driver or endorser role. 2012 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission Sub-Brand Sub-Brand: Leverages the strength of the master brand while helping to separate and organize the offerings. 6 Stand-Alone Brands Stand-Alone Brand: Separates offerings, creates new sources of equity or targets new audiences. BRAND ARCHITECTURE DEFINED Brand Roles Assigned Based on Business Need Branded elements live outside the architecture. They may be trademarked or licensed and can enhance equity by providing uniqueness and memorability, but they are not offerings. Brand Elements Live Outside the Architecture Celebrities lend meaning 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission Characters create likeability 7 Sponsorships build affinity BRAND ARCHITECTURE DEFINED Brand Architecture: What’s Not Included? Brand architecture is built to last. It needs to be revisited when companies change strategic direction or the business has added important capabilities that go beyond its existing brand structure. Triggers for Revisiting Architecture Merger or acquisition Too many brands and offerings are competing for attention and investment dollars Corporate brand and product brands have the same name, hard to distinguish I have a problem Brands are losing relevance with consumers Brand meaning has been diluted or stretched beyond credibility and effectiveness Programs, elements, features or sponsorships are asking to be treated as brands 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 8 BRAND ARCHITECTURE DEFINED Signs of Trouble In 2012, Kellogg’s restructured its brand portfolio to better leverage its master brand, acquired stand-alone brands and its Olympics sponsorship. Triggers for revisiting architecture: Had acquired multiple new brands – Keebler, Kashi, Morningstar – and needed to elevate Kellogg’s corporate brand above its cereal master brand Needed to strengthen the meaning of the Kellogg’s brand - it’s about the power of breakfast, not just cereal. Wanted to leverage investment in 2012 Olympics to benefit all Kellogg’s subbrands “If you look at our portfolio we have a number of master brands: and we had to start separating out the Kellogg’s brand from the Kellogg company …we then needed to be very clear about what Kellogg’s the brand stood for and provide the north star for all the subbrands that kind of sat underneath it.” “Kellogg’s is a truly iconic brand …We felt that having a stronger brand, driving a stronger point of view, a more powerful identity and have at the center an umbrella to talk about our portfolio more holistically, to talk about the power of breakfast, to talk about the value of cereal.” http://www.forbes.com/sites/jenniferrooney/2012/05/10/kelloggs-embarkson-major-brand-overhaul/ 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 9 BRAND ARCHITECTURE DEFINED Example: Kellogg’s Brand architecture solutions fall on a spectrum. Most are hybrid solutions, falling somewhere between branded house and house of brands. House of Brands Hybrid Branded House Builds equity in strong stand-alone brands across a wide range of categories Leverages strong master brand while allowing flexibility. Results in strong master brand. Requires significant marketing investment Requires careful planning to avoid confusing customers or diluting the master brand. Can be difficult to extend beyond the expertise of the master brand. Cons 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 10 BRAND ARCHITECTURE SOLUTIONS Types of Brand Architecture Disney uses a mix of brand architecture solutions to build and protect its businesses. Stand-Alone Brands 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission Hybrid 11 Branded House BRAND ARCHITECTURE SOLUTIONS Hybrid Solutions Are Most Common Architecture decisions have investment implications, so selection of the optimal solution is determined by business strategy. House of Brands Branded House Target multiple segments Target single or few segments How important is it to represent the brand the same way in different geographies? Address individual geographies Reinforce a global organization mindset Are there synergies that can be leveraged between different brands or business units? Few synergies to be leveraged Many synergies to be leveraged Do the brands address the same or different customer segments? 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 12 BRAND ARCHITECTURE SOLUTIONS Determining the Optimal Architecture Three guiding principles help to ensure brand architecture has the optimal business impact. Right Number Sufficiently cover the market and target customer segments with the fewest brands possible. Clear Separation Make it easy for customers to find the solution they seek by ensuring “daylight” between brand offerings. Highest Profit Fulfill customer needs (and generate revenue) while minimizing brand development and management costs. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 13 BRAND ARCHITECTURE SOLUTIONS Brand Architecture Principles Not all brands are equally important. Architecture guides decisions about innovation and investment as portfolio brands compete for resources. Example Strategic Brand Significant contributor to company’s future sales, perceptions or market position. Distinguisher Brand Enhances the differentiation of another brand. Also referred to as ‘branded energizer’ or silver bullet. Cash Cow Money making brand that does not represent future significant growth. Corporate Brand Low visibility to customers, but important to regulatory bodies, investors, employees, trade groups, partners. Fighter/Flank er Brand Addresses competitive threat. Protects share of other brands in the portfolio. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 14 BRAND ARCHITECTURE SOLUTIONS Architecture Decisions Are Strategic Samsung has strategically separated the Galaxy brand from its consumer electronics and enterprise brands through an endorser strategy, and invests primarily in Galaxy. Cash Cow Strategic Brand Feature Mobile Phones Android Smartphones Digital Cameras and Camcorders Wearable Tech Tablet PCs Corporate Brand Windows Smartphones Solutions Exchange Android Tablets Windows Tablets Android Cameras Windows Laptops Enterprise Solutions Android Wearables Windows Desktops Enterprise Ready Devices Home Theater and Audio Home Appliances 2014 Brand Amplitude, LLC All Rights Reserved *Not Sub-Branded May not be reproduced without permission Flanker/fighter Brand 15 Samsung Knox BRAND ARCHITECTURE SOLUTIONS Example: Samsung’s Architecture Directs Investment Amazon keeps its acquired strategic businesses separate through a standalone strategy. It uses an endorsed approach for all other brands. Amazon.com is the closest thing the company has to Cash Cows, though it appears to still have healthy growth potential. Cash Cow Strategic Brands 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission Stand-Alone Brands 16 BRAND ARCHITECTURE SOLUTIONS Amazon’s Architecture Also Directs Decisions Starbucks is thoughtfully expanding its portfolio to separate its high growth and premium businesses from its mainline coffeehouses and new Starbucks Express stores. Cash Cows Starbucks coffeehouses Express format stores (2015) Strategic Brands Flanker/fighter Brand Starbucks Reserve Roastery and Tasting Room (Seattle) Starbucks Reserve stores (2015) 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission http://news.starbucks.com/news/starbucks-accelerates-growth-of-store-formats 17 BRAND ARCHITECTURE SOLUTIONS Starbucks is Expanding to Meet Business Needs When selecting the optimal architecture, it’s important to evaluate options using agreed criteria. Business Strategic Fit? Help achieve and support strategic priorities? Business Support? Support different business units and/or market segments? Flexibility? Accommodate changing market conditions? Implementation? Brand Build Equity? Fit with/protect existing equities or create new ones? Create Synergies? Create synergies across the portfolio? Provide Leverage? Enable marketing and brand-building efficiencies? Ability to execute successfully? 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 18 Customer Maximize Clarity? Minimize customer confusion? Address Multiple Stakeholders? Meet the needs of multiple stakeholders? BRAND ARCHITECTURE SOLUTIONS Assessing Brand Architecture Options Effective brand architecture directly impacts the market value of a business, so it’s worth taking the time to get it right. Brand Architecture Development Process Strategic Business Analysis Brand Architecture Mapping Alternatives Development How closely aligned are the brand and business strategies? How aligned are external and internal perceptions of brands and their roles? What are the various ways the portfolio could be configured going forward? 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 19 Evaluation of Alternatives Which architecture alternative best fits the short and longterm business and brand objectives? BRAND ARCHITECTURE DEVELOPMENT The Way Forward Through consistency and careful brand-building, McDonald’s became an American icon. Using the arches, color palette and “Mc” to identify and link most of its offerings to the master brand, it is a prime example of a Branded House architecture. “[McDonald’s] gave millions of Americans their first jobs while changing the way a nation ate.” Bloomberg Businessweek, 3/2/03 Tightly associated with burgers, fries and soft drinks, the brand thrived in the ’80s and early ’90s. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 20 http://mrktspnkr.wordpress.com/2012 /06/29/brands-as-identifiersfunctional-and-symbolic-images/ MCDONALD’S CASE STUDY The Branded House McDonald’s Built New menu items like the low-fat McLean Deluxe and Arch Deluxe burgers, meant to appeal to adults, bombed 1995 Sales stagnated while costs increased as the product offering expanded/beca me more complex Record number of franchisees left the system in 2002 2000 In an effort to regain relevance, McDonald’s acquired Chipotle Mexican Grill and Boston Market in 1999 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission . Spun off Chipotle in 2006 to refocus on core hamburger business 2005 In 2004, “Supersize Me” brought attention to what too much McDonald's does to your body and how it makes you feel. 21 U.S. comp store sales slipped 1.7% in Q1 and 1.5% in Q2 of 2014 2010 2015 Salads represent only 23% of McDonald’s sales in the United States. CEO Don Thompson admitted “I don’t see salads as being a major growth driver in the near future.” (5/13) MCDONALD’S CASE STUDY Signs of Trouble Starting in Late 1990s Brand Architecture Development Process Strategic Business Analysis Brand Architecture Mapping Alternatives Development How closely aligned are the brand and business strategies? How aligned are external and internal perceptions of brands and their roles? What are the various ways the portfolio could be configured going forward? Focused on health-centric global initiatives, putting food quality first. Marketing now organized by consumer groups such as millennials, families and adults rather than by product. Stepping up digital, including e-commerce, fast-tracking testing of mobile payments and ordering. In June it set up a "learning lab" at a restaurant in Laguna Niguel, Calif., to better understand what people want and to experiment with customizable burgers 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 22 Evaluation of Alternatives Which architecture alternative best fits the short and longterm business and brand objectives? MCDONALD’S CASE STUDY Strategic Direction Brand Architecture Development Process Strategic Business Analysis Brand Architecture Mapping Alternatives Development How closely aligned are the brand and business strategies? How aligned are external and internal perceptions of brands and their roles? What are the various ways the portfolio could be configured going forward? Evaluation of Alternatives Which architecture alternative best fits the short and longterm business and brand objectives? Executives worry the master brand has lost relevance with consumers as: Millennials have defected to fast casual chains like Chipotle and Five Guys. Moms no longer see McDonald’s as a good place for kids. Last month, Consumer Reports said a survey of more than 32,000 subscribers rated McDonald's burgers the worst-tasting of 20 rival burger chains. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 23 http://www.businessweek.com/articles/2014-0909/mcdonalds-happy-meal-problem-kids-turn-awayfrom-fast-food http://www.chicagobusiness.com/article/20140906/ISSUE0 1/309069980/mcdonalds-has-a-new-generational-problemkids# http://online.wsj.com/articles/mcdonalds-faces-millennialchallenge1408928743http://online.wsj.com/articles/mcdonalds-facesmillennial-challenge-1408928743 MCDONALD’S CASE STUDY Brand Architecture Mapping Brand Architecture Development Process Strategic Business Analysis Brand Architecture Mapping Alternatives Development How closely aligned are the brand and business strategies? How aligned are external and internal perceptions of brands and their roles? What are the various ways the portfolio could be configured going forward? Evaluation of Alternatives Which architecture alternative best fits the short and longterm business and brand objectives? Branded House approach makes it difficult to change perceptions. May need to reserve McDonalds as corporate brand and build equity in new stand-alone brands and sub-brands. Corporate brand could be focused on target-relevant purpose (e.g., transparency in food sourcing; championing clean, healthy foods and ingredients; supporting a living wage for hourly workers) Sub-brands or stand-alone brands for Kids or Millennials or other priority targets may help separate new initiatives from current offerings. New digital initiatives provide a platform for a new, more relevant brand. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 24 McDonald’s applied for a new trademark for a McBrunch brand in September 2014 http://adage.com/article/news/mcdonal d-s-files-trademark-mcbrunch/294911/? MCDONALD’S CASE STUDY Architecture Alternatives Brand Architecture Development Process Strategic Business Analysis Brand Architecture Mapping Alternatives Development How closely aligned are the brand and business strategies? How aligned are external and internal perceptions of brands and their roles? What are the various ways the portfolio could be configured going forward? Key evaluation criteria relate to ability to support the business, build new sources of equity and better address the needs of Millennials and kids/Moms. 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 25 Evaluation of Alternatives Which architecture alternative best fits the short and longterm business and brand objectives? MCDONALD’S CASE STUDY Selecting the Optimal Solution Brand architecture is a strategic business design solution that is aligns business and brand goals Architecture defines clear roles, relationships and investment priorities among brands A coherent brand architecture makes marketing more efficient and effective by ensuring customers and other stakeholders understand what the business can do for them House of Brands and Branded House are just two many possible architecture solutions. Most companies used a hybrid approach. Brand architecture should be revisited periodically to ensure business requirements are being addressed and the structure is optimal for supporting the business strategy Identifying the optimal architecture is a 4-step process that begins with a strategic business assessment and concludes with a recommended solution 2014 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 26 CONCLUSIONS Key Takeaways To Learn More, Contact Us: Carol Phillips carol@brandamplitude.com Judy Hopelain judy@brandamplitude.com 269-429-6526 2012 Brand Amplitude, LLC All Rights Reserved May not be reproduced without permission 415-810-8268 27 CONTACT US How Can We Help You Grow?