brandaudit-110316093437-phpapp02
TRANSCRIPT
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STRATEGIC BRANDSTRATEGIC BRANDMANAGEMENTMANAGEMENT
-PROF SUDEEP CHATTERJEE-PROF SUDEEP CHATTERJEE
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BRAND AUDITBRAND AUDITIt is a comprehensive examination of a brand,It is a comprehensive examination of a brand,
involving activities to assess the health of a brand,involving activities to assess the health of a brand,
uncover its sources of equity, and suggest ways touncover its sources of equity, and suggest ways to
improve and leverage that equity. A brand auditimprove and leverage that equity. A brand audit
requires understanding sources of brand equityrequires understanding sources of brand equity
from the perspective of both the firm and thefrom the perspective of both the firm and the
consumer.consumer.
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BRAND ARCHITECUREBRAND ARCHITECUREBrand Architecture Research UncoversBrand Architecture Research Uncovers
Brand Alignment For mergers andBrand Alignment For mergers and
Acquisitions-Acquisitions- Brand architecture research should beBrand architecture research should be
conducted on brands to identify the keyconducted on brands to identify the keyelementselements
Who is the key audience or target marketWho is the key audience or target marketfor each brand?for each brand?
What is the market position of eachWhat is the market position of eachbrand? What is the brand known for?brand? What is the brand known for?
What are the strengths, weaknesses,What are the strengths, weaknesses,opportunities and threats for each brand?opportunities and threats for each brand?
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BRAND ARCHITECUREBRAND ARCHITECUREPlan To Merge BrandsPlan To Merge Brands Mergers and acquisitions should include aMergers and acquisitions should include a
considered plan for combining (or not) theconsidered plan for combining (or not) thebrands in question. This consideration canbrands in question. This consideration canavoid the embarrassing situation of simplyavoid the embarrassing situation of simply
mashing two brands together (oftenmashing two brands together (oftenreferred to as a train wreck) and dilutingreferred to as a train wreck) and dilutingthe value of both.the value of both.
Conducting a brand audit as part of yourConducting a brand audit as part of yourdue diligence will give you valuabledue diligence will give you valuable
information for valuing the business andinformation for valuing the business andfor capitalizing on the real synergies thatfor capitalizing on the real synergies thatexist.exist.
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BRAND ARCHITECUREBRAND ARCHITECUREBrand Architecture Specifies Brand EquityBrand Architecture Specifies Brand Equity
Brand architecture is a system of brands, namesBrand architecture is a system of brands, namesand symbols thatand symbols that Defines the relationship between a companysDefines the relationship between a companys
brands,brands, Rationalizes the brand portfolio, andRationalizes the brand portfolio, and
Describes how equity flows between and among aDescribes how equity flows between and among acompanys brands.companys brands.
Brand architecture helps you communicate yourBrand architecture helps you communicate yourbrand to specific target segments.brand to specific target segments.
As David Aaker says in Brand Leadership, BrandAs David Aaker says in Brand Leadership, Brand
architecture organizes and structures the brandarchitecture organizes and structures the brandportfolio by specifying brand roles and the nature ofportfolio by specifying brand roles and the nature of
relationship between brands.relationship between brands.
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BRAND ARCHITECUREBRAND ARCHITECUREBuilding Effective Brand ArchitectureBuilding Effective Brand Architecture
Understanding and being able to communicate yourUnderstanding and being able to communicate yourbrand architecture is a tool that will help youbrand architecture is a tool that will help you
manage your products and brands more effectively.manage your products and brands more effectively.
Branding researchBranding research helps you create the optimalhelps you create the optimal
brand architecture by helping you understandbrand architecture by helping you understandyour target segments perceptions about youryour target segments perceptions about your
master brand, your sub-brands and yourmaster brand, your sub-brands and your
endorsed brands and how they fit together in theendorsed brands and how they fit together in the
marketplace.marketplace.
AA brand auditbrand audit is a great starting place for buildingis a great starting place for building
the understanding that will lead you to anthe understanding that will lead you to an
effective and efficient brand architecture.effective and efficient brand architecture.
http://www.polarismr.com/brand-research-experience.htmhttp://www.polarismr.com/brand-research-experience.htmhttp://www.polarismr.com/brand-audit.htmhttp://www.polarismr.com/brand-audit.htmhttp://www.polarismr.com/brand-audit.htmhttp://www.polarismr.com/brand-research-experience.htm -
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Interbrands Brand ValuationInterbrands Brand Valuation
methodologymethodology
Interbrand a premier brand valuation firmInterbrand a premier brand valuation firmdeveloped a brand valuation methodology with thedeveloped a brand valuation methodology with the
goal of incorporating marketing, financial, and legalgoal of incorporating marketing, financial, and legal
aspects.aspects.
According to Interbrand, brand valuation is basedAccording to Interbrand, brand valuation is based
on an assessment of what the value is today of theon an assessment of what the value is today of the
earnings or cash flow that the brand can expect inearnings or cash flow that the brand can expect in
the future. To calculate brand value thethe future. To calculate brand value themethodology is-methodology is-
Identify true brand earnings & cash flowIdentify true brand earnings & cash flow
Capitalise earningsCapitalise earnings
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Interbrands Brand ValuationInterbrands Brand Valuation
methodologymethodology
Further it involves two issues-Further it involves two issues-
Brand Earnings (Profitability)Brand Earnings (Profitability)
Brand Strength (An indepth assessment of sevenBrand Strength (An indepth assessment of seven
Factors)Factors)LeadershipLeadership (Market share, Awareness, Positioning,(Market share, Awareness, Positioning,
Competitive profile)Competitive profile)
StabilityStability (Longivity, Coherence, Consistency, Brand(Longivity, Coherence, Consistency, Brand
Identity, Risks)Identity, Risks)
MarketMarket (What is the market, size, Nature, Barriers(What is the market, size, Nature, Barriers
to entry, Market dynamics)to entry, Market dynamics)
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Interbrands Brand ValuationInterbrands Brand Valuation
methodologymethodology
Geographic spreadGeographic spread (International positioning,(International positioning,
Relative market share, Ambition, Prestige, MarketRelative market share, Ambition, Prestige, Market
expansion)expansion)
TrendTrend (Competitive action, Long term market share(Competitive action, Long term market shareperformance, Projected brand performance,performance, Projected brand performance,
sensibility of brand plans)sensibility of brand plans)
SupportSupport (consistency of message and spending,(consistency of message and spending,
above and below line activity, Brand franchise)above and below line activity, Brand franchise)
ProtectionProtection (Trade mark registration, litigation &(Trade mark registration, litigation &
disputes and Law)disputes and Law)
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Young & Rubicams BAVYoung & Rubicams BAVBAV is Brand Asset Valuator, is the worlds largestBAV is Brand Asset Valuator, is the worlds largest
database of consumer driven information ondatabase of consumer driven information on
brands. BAV measures brands on four fundamentalbrands. BAV measures brands on four fundamental
Measures of equity value & in terms of a broadMeasures of equity value & in terms of a broad
array of perceptual dimensions.array of perceptual dimensions.
The four key components of brand health in BAVThe four key components of brand health in BAV
relate to the different aspects of consumers brandrelate to the different aspects of consumers brand
perceptions and help in a brands development.perceptions and help in a brands development.
DifferentiationDifferentiation-Measures the degree to which a-Measures the degree to which abrand is seen as different from others. This is abrand is seen as different from others. This is a
necessary condition for profitable brand building.necessary condition for profitable brand building.
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Young & Rubicams BAVYoung & Rubicams BAV RelevanceRelevance-Measures the breadth of a brands-Measures the breadth of a brands
appeal, but not necessarily its profitabilityappeal, but not necessarily its profitability EsteemEsteem-Measures how well the brand is regarded-Measures how well the brand is regarded
& respected& respected
Knowledge-Knowledge-Measures how familiar & intimate theMeasures how familiar & intimate the
consumers are with brandconsumers are with brandDifferentiation & Relevance combine to determineDifferentiation & Relevance combine to determine
thethe brand strengthbrand strength (brands future value)(brands future value)
Esteem & Knowledge combine to createEsteem & Knowledge combine to create brandbrand
staturestature (brands past performance)(brands past performance)
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Young & Rubicams -PowerGridYoung & Rubicams -PowerGridY&R integrated the two macrodimensions of brandY&R integrated the two macrodimensions of brand
strength and brand stature into a visual analyticalstrength and brand stature into a visual analytical
Device known as Power Grid. It depicts the stagesDevice known as Power Grid. It depicts the stages
in the cycle of brand development, each with itsin the cycle of brand development, each with its
characteristic pillar patterns- in successivecharacteristic pillar patterns- in successive
quadrantsquadrants
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Brand Valuation MethodsBrand Valuation Methods
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Important syllabusImportant syllabus BAV modelBAV model
InterBrandInterBrand Brand Value chainBrand Value chain
CBBE modelCBBE model
Brand ArchitectureBrand Architecture
Global Branding strategy BDI-CDIGlobal Branding strategy BDI-CDI
matrixmatrix
Brand Extension strategyBrand Extension strategy