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We believe that brands must
be managed with discipline. Brand discipline requires a structured understanding
of both the customer and the brand, as well as a structured approach
to formulating brand strategy. The most effective strategic judgements
are made when based on an empirical understanding of the consumer. That's
why we combine the art of strategic thinking with the science of consumer
research.
We believe that brand equity
runs much deeper than brand associations and visual imagery. Brand equity
has two critical pieces
(see diagram):
Brand Identity: who
the brand is and what it stands for; and
Brand Delivery: what
the brand offers and how it provides it.
We believe that the strongest
brands are built through a combination of an ability to address the
target customer's functional and emotional needs (relevant Delivery)
and a unique identity versus its competition (differentiated Identity).
Effective brand building
activities such as positioning, portfolio development, and vision creation
require a thorough understanding of the brand's equity, competitive
landscape, business objectives and economic environment.
We believe in a combination
of Kevin Keller's brand equity approach (the who, what and how of strategic
brand management) and W.E. Deming's continual improvement practices
(see diagram).
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