Prism of Mercedes & BMW
Prism of Mercedes & BMW
Prism of Mercedes & BMW
BRANDING
Samit Sinha, Saturday January 30 2010
Demystifying The World of
Brands
A Brand?
First, a Sign of Ownership
Later in the Wild West
Identification Mark
The Evolution of Brands
¾ Identifier
¾ Trademark, sign of origin or source
¾ Differentiator
¾ Unique attributes
¾ Discriminator
¾ Indication of superiority on specific dimensions
¾ Relationship
¾ Shared meanings & beliefs
The Brand Is
At The Heart
of Business
AND ITS
GREATEST ASSET
Brand’s Financial Value
Market capitalization
– (less) debt
= Value of company
– (less) replacement cost of tangible assets
– (less) cost of intangible assets (know-how, patents,
certifications…)
¾ Corporate brand
¾ Relies on association with parent organization
¾ Serves as an "umbrella" & transfers brand equity to a
range of sub-brands
¾ Also assists companies in relating to key stakeholders
Multiple Stakeholders
Customers
CORPORATE
Employees Suppliers
BRAND
Policy Partners
Makers
Public
The Brand’s 3 Faces
Must Unite to Singular Identity
Unified
Identity
BRAND
FACETS
Media Environments
Literature Behavior
BRAND
MANAGEMENT
Signage Product
Advertising Service
Defining The Brand Charter
¾ Core ideology
¾ Core purpose + core values
¾ Envisioned future
¾ Goals + vivid description
Purposeful Statements
¾ Purpose of Nike
¾ “To experience the emotion of competition, winning and
crushing competitors”
¾ Purpose of McKinsey
¾ “To help leading corporations and governments be
more successful”
¾ Purpose of Disney
¾ “To make people happy”
Core Values Illustrations
¾ Qualitative
¾ “Become the company that most changes the world-wide image of Japanese products as being poor
quality” (Sony, early 1950s)
¾ “Become the best entertainment company in the world” (Walt Disney)
¾ Become the most powerful, the most serviceable, the most far-reaching world financial institution that
has ever been” (Citibank)
¾ Role model
¾ “Become Harvard of the West” (Stanford University)
¾ Simply audacious
¾ “…put a man on the moon by the end of the decade…” (JFK, 1962)
Vivid Descriptor
What Gives Us Credibility
¾ What we do best
¾ Checking for demonstrable evidence
¾ Pedigree, track record, technology, something else…?
Relevance
¾ Segmentation strategy
¾ Discovering relevant need-gaps
¾ Identifying best-fit segment
2 Views On Human Behavior
Freud Maslow
¾ No fundamental difference ¾ People are fundamentally
between humans and trustworthy, self-protecting,
animals self-governing, and naturally
inclined toward growth and
¾ Behavior is deterministic love
¾ Determined by anterior
factors, either inherited or ¾ Cruelty, violence and
environmental, rather than by dishonesty are not typical of
free will human nature, but occur only
when people are deprived of
¾ Air, water, food, shelter, rest, their needs
sex and pain avoidance is all
that we really need
Strong Brands Connect With
Meta-needs
Truth, goodness, beauty, unity, holism, harmony,
aliveness, uniqueness, perfection & necessity,
completion, justice, order, simplicity, richness,
effortlessness, playfulness, self-sufficiency,
meaningfulness…
Framework of Motivations
CHANGE
RISK TAKING
EXTROVERT
BELONGING SUCCESS
FEMININE MASCULINE
GROUP SELF
SAFETY
RISK AVERSE
INTROVERT
The Archetypes
JESTER MAGICIAN
DREAMER
EXPLORER
INNOCENT REBEL
LOVER HERO
FRIEND
WISE
MOTHER KING
Differentiation
¾ Monolithic branding
¾ One single brand across products and target segments
¾ Product branding
¾ Different brands/sub-brands for each product category
¾ Segment branding
¾ Different brands/sub-brands for each target segment, within same
product category
¾ Product-Segment branding
¾ Different brands/sub-brands for each product category and target
segment
¾ Family branding
¾ Using “parent” brand at various levels of endorsement to sub-brands
4 Branding Concepts
¾ Functional ¾ Symbolic
¾ Product benefit ¾ Express user personality
¾ Through technical ¾ Values & status, self-
superiority, durability, esteem
reliability etc.
¾ Relational
¾ Experiential ¾ Emotional attachment
¾ Sensual experience ¾ To impart a sense of
¾ Building up associations familiarity with the brand
with the 5 senses
What Works Where
¾ Monolithic
¾ Functional
¾ Relational
¾ Product
¾ Experiential
¾ Segment
¾ Symbolic
¾ Product-Segment
¾ Symbolic & Experiential
¾ Family
¾ More than two branding concepts in use
Brand Architecture Spectrum
Brand Identity
Clarifying Brand Identity
Kapferer’s Brand Identity Prism
picture of sender
Physique Personality
Its sensorial Its implicit
associations character
BRAND ESSENCE
internal
Relationship Culture
external
Reflection Self-image
Brand user’s Brand user’s
public perception self-perception
picture of receiver
Mercedes
• Name
• 3-pointed • Perfectionist
star • Sophisticated
• Premium
• Dependable
• Build quality
• Badge of
Engineering • German
success Perfection engineering
¾ In all communication
¾ Advertising
¾ PR
¾ Direct
Brand Culture
High
Sociability
Networked Communal
Fragmented Mercenary
Low High
Solidarity
Enculturation
CHAMPIONS CYNICS
- Storytellers - Not involved
who spread the idea with the idea
Thank You
Questions?