1Tangible components of brand image
Good or services sold
Retail outlet
Advertising
Marketing communications
Name and logo
Packaging and labels
Employees
2Intangible componnts of brand image
Corporate personnel: Ideals, Beliefs, Conduct
Personality: really important for brand image
Environment policies
Corporate culture
Country location
Media reports
3Sincerity (brand personality)
down to earth, honest, wholesome, cheerful
4Excitement (brand personality)
daring, spirted, imaginative, up-to-date
5Competence (brand personality)
reliable, intelligent, successful, hardworking
6Sophistication (brand personality)
upper class, charming, glamorous, feminine
7Ruggedness (brand personality)
outdoorsy, tough, masculine, western
8Consumer perspective (role of brand image)
Provides positive reassurance: unfamiliar settings, little or no previous experience
Reduces search time
Provides psychological reinforcement
Provides social acceptance
9Company perspective (role of brand image)
Extension of feelings to new products
Ability to charge more
Consumer loyalty
More frequent purchases
Positive word of mouth
Greater channel power
Attracts higher quality employees
More favorable ratings
10Overt brand names
from brand you can tell what it sells or do (ex: american airlines, maxwell house coffee)
11Implied brand names
not obvious, name implies business (ex: Fedex, Home Depot)
12Iconoclastic brand names
ground breaking, something unique
13Family brand
group of related products sold under one brand name, transfer association to new products
14Flanker brand
new brand within current category
15brand extension
provide new products/services that is not related to the core brand; an exisiting brand offers a new product category the brand has never competed in
16line extension
the same brand puts out a new product in their existing category
17ingredient (form of co-branding)
placement of one brand within another brand
18cooperative branding
joint venture creating new products/service
19complementary branding
for co consumption
20brand names
Easily recognizable
Familiar
Consensual meaning
Evokes positive feelings
21brand logo
Aids in recall of specific brands
Aids in recall of advertisements
Reduces shopping effort
Reduces search time and evaluation of alternatives
22brand equity
Set of characteristics make brand unique
Helps fight brand parity
Perceived better
23 brand parity
what occurs when there is the perception that most goods and services are essentially the same