100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Summary Keller (2015) €2,99
In winkelwagen

Samenvatting

Summary Keller (2015)

 55 keer bekeken  0 keer verkocht

This is a short, but complete English summary of the article.

Voorbeeld 1 van de 3  pagina's

  • 18 maart 2019
  • 3
  • 2018/2019
  • Samenvatting
Alle documenten voor dit vak (20)
avatar-seller
AntVe
Keller, K.L. (2015). Designing and implementing brand architecture strategies.
Journal of Brand Management, 21, 702-715
Firms must maximize brand equity across all the different brands and products and services they
offer. The brand architecture strategy for a firm provides guidance as to which products and services
a firm should introduce and how they should be branded in doing so. It determines which brand
elements – brand names, logos, symbols and so forth – a firm should apply across new and existing
products and services.

• Clarify – Brand awareness: Improve consumer understanding and communicate similarity
and differences between individual products and services.
• Motivate – Brand image: Maximize transfer of equity to/from the brand to individual
products and services to improve trial and repeat purchase

Developing a brand architecture strategy involves three key steps:

1. Defining the potential of a brand in terms of the extent of its ‘market footprint’. Three
important considerations:
• Articulating the brand vision: what a brand should and could become in the broadest
sense, long-term potential of a brand. Know your brand equity.
• Defining the brand boundaries: deciding, based on the brand vision and positioning,
the products or services the brand should offer, the benefits it should supply and the
needs it should satisfy. Marketers must evaluate extending their brands carefully and
only launch new products selectively. A ‘broad’ brand is one with an abstract
positioning that is able to support a higher order promise that is relevant in multiple
product settings. The most basic principle in designing a brand portfolio is to
maximize market coverage so no potential customers are being ignored, but
minimize brand overlap so brands are not competing for customer approval.
• Crafting the brand positioning: the act of designing the company’s offering and
image to occupy a distinctive place in the minds of the target market. Positioning a
new brand requires that similarities and differences between brands be defined and
communicated. Four key components to a superior competitive positioning:
o Competitive frame of reference: which other brands a brand competes with.
o Points-of-difference (PODs): strong, favourable and unique brand
associations. Strong and well evaluated attributes and benefits. When?:
▪ Desirable to the consumer.
▪ Deliverable by the company.
▪ Differentiating from competitors.
o Points-of-parity (POPs): associations shared with other brands. Three forms:
▪ Category POPs: associations that consumers see as essential.
▪ Competitive POPs: to negate competitors’ PODs.
▪ Correlational POPs: i.e. cheap and high quality don’t go together.
o Brand mantra that summarizes the essence of the brand and key PODs in
three-to-five words. Clearly delineate what the brand is supposed to
represent and what not.
2. Identifying the types of product and service extensions that would allow a brand to achieve
that potential. A brand extension is a new product introduced under an existing brand name:
• Line extension: new product introductions within existing categories.
• Category extension: new product introductions outside existing categories.

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper AntVe. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €2,99. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 51292 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Start met verkopen
€2,99
  • (0)
In winkelwagen
Toegevoegd