Emotional Branding.ppt

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    EMOTIONALBRANDING

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    WHAT IS BRANDWHAT IS BRAND??

    . A brand is not a product. It is a promise. A brand is not a product. It is a promisethat the consumer is aware of (sometimesthat the consumer is aware of (sometimes

    vaguely) when they buy and it is avaguely) when they buy and it is apromise that is kept and delivered by theirpromise that is kept and delivered by theirexperience with what they boughtexperience with what they bought..

    Brand is also a form of trust - a guaranteeBrand is also a form of trust - a guaranteein customers' minds that they are gettingin customers' minds that they are gettingsomething they know they can rely on,something they know they can rely on,time after time. It becomes a useful shorttime after time. It becomes a useful short

    cut to reliability.cut to reliability.

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    EMOTIONAL BRANDING

    THE ONLY FACTOR BECOMING SCARCE IN

    A WORLD OF ABUNDANCE IS HUMAN ATTENTION.--KEVIN KELLY

    Emotional branding is a very powerful means of increasingones market share and creating brand loyalty by triggering

    emotions of customers.

    ?

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    SELF ACTUALIZATION

    SELF ESTEEM

    LEVELS OF NEED

    LOVE AND BELONGINGNESS

    SAFETY AND SECURITY NEEDS

    PHYSILOGICAL NEEDS

    HIGHER ORDER NEEDS

    MIDDLE ORDER NEEDS

    LOWER ORDER NEEDS

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    Here we can take the eg. ofHere we can take the eg. of DOVEDOVE soap.soap.Dove is not just a soap its a dream aDove is not just a soap its a dream a

    dream of becoming delicately beautiful ,dream of becoming delicately beautiful ,by using a very gentle soap. When a girlby using a very gentle soap. When a girlbathes with Dove soap, she nurtures abathes with Dove soap, she nurtures adream of becoming exquisitely beautiful.dream of becoming exquisitely beautiful.

    And she also expects to be accepted by aAnd she also expects to be accepted by adream boy. When she buys it , shedream boy. When she buys it , sheactually does not buy the tangible soap,actually does not buy the tangible soap,but her purchase is driven bybut her purchase is driven by

    her dream an eternal dream that everyher dream an eternal dream that everygirl cherishes to become gorgeouslygirl cherishes to become gorgeouslyattractive. The tangible Dove soap,attractive. The tangible Dove soap,

    together with the imagery created aroundtogether with the imagery created around

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    EMOTIONAL BRANDING

    COLOURBRANDINGCOLOURS HAVE THE ABILITY TO CHANGE PEOPLE S EMOTION

    HOW COLOR PREFERENCES AFFECT YOUR BRAND AND

    MARKETING STRATEGY ?

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    INTRINSIC

    TECHNICAL

    PRICE

    COMMUNICATION

    EXTRINSIC

    CRITERIA:

    Governing

    Emotional Branding

    TOUCHING

    THE

    HEART

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    IF YOUREBEAUTIFUL I

    WILL LOOK

    AT YOU..

    INTANGIBLEFEATURES

    TANGIBLE

    FEATURES

    ATTRACTIVE PACKAGING

    DESIGN/LABELLING

    COLOUR

    APPEAL

    BRAND NAME

    EXTRINSICCRITERIA:

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    EMOTIONAL BRANDING

    NDERSTANDING THE EMOTIONAL BRAND BENEFITSFunctional Benefit

    Emotional Benefit

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    Functional Benefit-Functional Benefit-Differences in productDifferences in product

    features are often referred to as functionalfeatures are often referred to as functional

    benefits. Some products offer speed,benefits. Some products offer speed,advanced technology, lighter weight oradvanced technology, lighter weight or

    improved safety; these products are easilyimproved safety; these products are easily

    differentiated by their brands functionaldifferentiated by their brands functionalbenefits.benefits.

    Emotional Benefit-Emotional Benefit- Express how you feelExpress how you feelwhen you use the brand.when you use the brand.

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    Key Mandates for EmotionalKey Mandates for Emotional

    Branding:Branding: From Honesty to Trust:From Honesty to Trust: Honesty is the best policy. Truth is even better. It needsHonesty is the best policy. Truth is even better. It needs

    to be earned.to be earned.

    Honesty is required to be in business today. The govt.Honesty is required to be in business today. The govt.authorities, consumer groups and the people in generalauthorities, consumer groups and the people in generalhave an increasingly rigorous standard for products andhave an increasingly rigorous standard for products andwill rate very quickly what needs to be on shelf and whatwill rate very quickly what needs to be on shelf and whatdoesn't. The issue regarding the presence of pesticidedoesn't. The issue regarding the presence of pesticidelevels over the permissible limit in the soft drink Coca-levels over the permissible limit in the soft drink Coca-

    Cola has really deteriorated the trust people had in theCola has really deteriorated the trust people had in thebrand. In Kerala, both Coke and Pepsi has been sufferingbrand. In Kerala, both Coke and Pepsi has been sufferingfrom this account. Trust is one of the most importantfrom this account. Trust is one of the most importantvalues of a brand and it requires real effort fromvalues of a brand and it requires real effort fromcorporations. One of the most powerful moves towardscorporations. One of the most powerful moves towards

    building consumer trust was retailer's implementation ofbuilding consumer trust was retailer's implementation ofthe "no questions asked" return policy some years ago.the "no questions asked" return policy some years ago.

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    From Notoriety to AspirationFrom Notoriety to Aspiration::

    Being known does not mean that you are also loved!Being known does not mean that you are also loved!

    Notoriety is what gets you known. But if you want to beNotoriety is what gets you known. But if you want to be

    desired, you must convey something that is in keepingdesired, you must convey something that is in keeping

    with the customer's aspirations. Reliance Industries is awith the customer's aspirations. Reliance Industries is a

    household name in India with operations in a wide areahousehold name in India with operations in a wide area

    covering petrochemicals, refining, textiles, telecom etc.covering petrochemicals, refining, textiles, telecom etc.

    But the company's recent malpractices in the telecomBut the company's recent malpractices in the telecom

    sector (where TDSAT imposed a fine of Rs.150 crore tosector (where TDSAT imposed a fine of Rs.150 crore tobe paid to Department of Telecom) are not somethingbe paid to Department of Telecom) are not something

    that a customer would aspire emotionally. So more thanthat a customer would aspire emotionally. So more than

    visibility, a brand has to be inspirational.visibility, a brand has to be inspirational.

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    EMOTIONAL BRANDING

    Conclusion..

    EMOTIONAL BRANDING IS THE NEW MANTRA

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    EMOTIONAL BRANDING

    Thanks.