Lakme kapferer model of brand equity

As a result, creating a brand identity is one of the most important steps a company can take to ensure a consistent, enduring brand. Some of these associations can be points of parity in that they are critical to being relevant but do not differentiate.

In his book, We First: The BI model does not pre-specify dimensions that all brands in all contexts must contain. Brand must have positive feelings: Capabilities describe what a company does, Personality describes how.

This includes regular, repeat purchases. To this end, its Unilever Foodsolutions, based on a foodservice business model, works with customers including caterers, restaurateurs and major hotel and fast-food chains to create food solutions that help grow their business.

Take both performance and imagery into account, and create a "brand personality. The key is to imagine the brand in the consumers mind. Consumer Metallisation Self Image Self-image is basically how consumers can identify themselves with your brand.

The elaboration of the core identity leads to the identification and prioritization of programs. Differentiation can occur in any of the facets and ideally should occur in more than one.

Personality The personality is the brand character. The brand should be able to be adapted to different products, markets or countries. But some brands need more elaboration. Authentic Athletic Performance Ritz-Carlton: An organization carefully employs several of these elements to communicate to the consumers what their brand stands for.

Our Brand Identity model takes into account the growing importance of shared values and experiences in brand building. Consider gifts with purchase, or customer loyalty programs. Elaborations can include images, relevant quotes, evidence from customer research, third party endorsements or product claims.

In the case of Zappos, a representative once even helped a hungry caller who was away from home find a place she could get a late-night pizza!

Keller's Brand Equity Model

Therefore our reflection and tonality are cued towards this target demographic. You have to build the right type of experiences around your brand, so that customers have specific, positive thoughts, feelings, beliefs, opinions, and perceptions about it.

Brand Identity Should Be Motivating and Enduring Unlike positioning which is inherently comparative, it is not necessary for the Brand Identity to be differentiating in each and every facet. But this could also include things such as the distinctive red in Coca-Cola advertising.

It frames the enterprise mission and objectives in a new way. What does it all add up to? Subscribe to our free newsletteror join the Mind Tools Club and really supercharge your career!

The two building blocks in this step are: Physique They physique refers to the brands physical symbols.

6 Reasons Your Brand Needs a Brand Identity Model

Our Brand Identity model takes into account the growing importance of shared values and experiences in brand building.

Their company is meant to operate with German values, such as efficiency and quality. Brand Identity is the tool marketers use to articulate the rules for brand gestures.

Once developed, the best practice is to internalize it up and down the organization, so that everyone making decisions that impact the brand is working from the same understanding.

A comprehensive Brand Identity fully elaborates each element of the prism, describing what it means and just as importantly, what it does not mean. There are various ways that we can determine the final equity or value of a brand.Brand "resonance" sits at the top of the brand equity pyramid because it's the most difficult – and the most desirable – level to reach.

You have achieved brand resonance when your customers feel a deep, psychological bond with your brand. brand equity = brand awareness + brand loyalty + brand association + perceived quality For Aaker, brand management starts with developing a brand identity, which is a unique set of brand associations representing what the brand stands for and offers to customers an aspiring brand image.

Kotler and Pfoertsch came to the conclusion that, no matter which brand equity paradigm is used; brand equity drivers are built around four key drivers which leverage consumer’s perceptions of the brand: (1) perceived quality, (2) name awareness, (3) brand associations and (4) brand loyalty (Kotler & Pfoertsch, ).

Our Brand Identity Model is an adaptation of Jean-Noel Kapferer’s “Brand Identity Prism.” It offers these three elements and four more, a reflection of the fact that the brands that are richest in meaning define themselves on more than just three dimensions.

Before we can start with working on how to develop our brand equity we first need to understand the facets of our own brand.

To do this we start with a brand identity model. There are a lot of different models that we can use but I’m going to run you through through Kapferer’s Brand Identity Prism.

Put your brand under the microscope – The Kapferer Brand Identity Prism

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Lakme kapferer model of brand equity
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