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Brand identity

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Page 1: Brand identity

Brand Identity

Akash C.MathapatiAsst Professor – Marketing Area

Kirloskar Institute of Advanced Management [email protected]

Page 2: Brand identity

The Virgin Brand Identity

• Richard Branson’s instincts in choosing new business ventures, his strategic vision, the quality & entrepreneurial drive of the management teams & venture partners that runs virgin’s business

Akash C.Mathapati

Page 3: Brand identity

Service Quality

• In 1997, virgin was named the best transatlantic carrier for the 7th consecutive year

• The best business class for the 9th consecutive year

• Virgin measures well against such outstanding service-oriented airlines as British Airways, Ansett and Singapore Airlines

Akash C.Mathapati

Page 4: Brand identity

Innovation

• Virgin’s philosophy on innovation is simple: be first and dazzle customers

• It pioneered sleeper seats in 1986• Virgin has pushed innovation like no

other airlines• 3% of revenues are allocated to new

service quality innovations

Akash C.Mathapati

Page 5: Brand identity

• Fun and Entertainment• Value for Money

– Virgin’s Brand Identity also Includes– The Underdog

• The company typically entered markets & industries populated by established players

Akash C.Mathapati

Page 6: Brand identity

– The Virgin Personality• Flaunts the rules• Had a sense of humor that is outrageous at

times• Is an underdog, willing to attack the

establishment• Is competent, always does a high-quality

job, and has high standards

– Virgin Symbol

Akash C.Mathapati

Page 7: Brand identity

Virgin Symbol

Akash C.Mathapati

Page 8: Brand identity

Stretching the Virgin Brand

Akash C.Mathapati

Page 9: Brand identity

• There are difficulties & risks in stretching a brand, but also significant benefits

• Other brands with extended portfolios have demonstrated– Multiple offerings can gain a brand more

visibility & awareness– The extensions can potentially add & reinforce

key associations– With a strong flexible parent brand, a new

name does not have to be established when new products/services are introduced

Akash C.Mathapati

Page 10: Brand identity

Communicating the Brand – The Role of Publicity

• It could not compete with british airways in advertising budgets

• Although some of the stunts are outrageous, they do not cross the line

• Virgin excites, surprises, even shocks, but does not offend

• It never deviates from core brand values of quality, innovation & value for money

Akash C.Mathapati