Date post: | 16-Jan-2017 |
Category: |
Education |
Upload: | shashanth-kumar |
View: | 47 times |
Download: | 0 times |
1964
VISIONTo bring inspiration and innovation to every athlete in the world
Marketing gurus of Nike Jerome
Conlon
Scott bedbury
Customer based brand equity is the differential effect that brand knowledge has a consumer response to the marketing of the brand
What is Customer Based Brand Equity ???
Brand mantra is a short, three- to five- word phrase that captures the irrefutable essence or spirit of the brand positioning
What Is Brand Mantra??
Performance
Brand Mantra of NIKEAuthentic
Athletic
Emotional modifier Authentic
Descriptive modifier Athletic
Brand function Performance
Designing Of Brand Mantra
BRAND POSITIONING
Brand Positioning can be defined as an activity of creating a brand offer in such a manner that it occupies a distinctive place and value in the target customer’s mind
Four Components of Brand positioning
TARGET MARET
COMPETITORS
POINT OF PARITY
POINT OF DIFFERENCE
1.TARGET MARKETWOMEN
ATHLETES
RUNNERS
2.COMPETITORS
PUMA
3.POINT OF PARITY
PRODUCTS QUALITYPERFORMANCE
4.POINT OF DIFFERENCE
WORLDS NO.1INNOVATIVE SPORTS WEARCOMPETE ATHLETE SHOPPER
1.RUNNING SHOES
Updating Positioning Over Time
2.ATHLETIC SHOES
3.ATHLETIC SHOES AND APPARELS
4.ALL THINGS ASSOCIATED WITH ATHLETICS
Recap1. What is Customer based brand equity ?2. What is brand mantra?3. Designing brand mantra4. What is positioning?5. Four components of brand positioning6. Updating positioning over time.
Disclaimer• Created by B.Shashanth kumar, IIM Lucknow,
during brand management course under the guidance of Prof. Sameer Mathur, IIM Lucknow.