A lezione di Brand Reputation

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Marcello Coppa

Transcript of A lezione di Brand Reputation

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Marcello Coppa

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❯ BSc (Hons) in Communication Science and Technology

❯ MSc (Hons) in Communication and economics

❯ CEO of Coppa+Landini, design driven innovation consulting and startup studio

❯ 8 years of experience in marketing and branding consulting

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1. What is a brand?

2. The brand elements

3. A model for strategically building brands: from brand vision to brand evaluation (de Chernatony)

4. Measuring the value of a brand: brand equity

5. Brand identity, brand image, brand reputation

6. A new paradigm for strategic branding: brandingfrom below (Coppa & Landini)

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Let’s define what a brand is

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The most important intangible asset an organization can have

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❯ Sign of ownership

❯ Differentiating device

❯ Functional device

❯ Symbolic device

❯ Risk reducer

❯ Shorthand device

❯ Legal device

❯ Strategic device

(de Chernatony & McDonald, 2003)

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Brands are

❯ The language of consumption

❯ A way to express ourselves

❯ Part of our worlds

❯ Part of our stories

❯ Part of our cultures (as tangible artifacts)

❯ Enablers of social meanings

❯ Enablers of social relationships

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❯ Narrative thinking as a basic way to store knowledge, build one’s own identity and inspire

❯ Storytelling is a key mechanism to convey brand meanings

❯ Components of a story (Burke, 1945):❯ Actor

❯ Sequence of actions

❯ Goal

❯ Context

❯ Tools

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❯ Brand stories are not told only by the official brand communication, but also in C2C conversations

❯ Conversations play an important role in brand reputation

❯ In markets as (mediated) conversations (Mandelli and Snehota, 2008), a new paradigm is needed to maangebrands (Mandelli, 2012)

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❯ Brands are the way stakeholders relate to products, offerings and organizations.

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❯ The brand acts as a promise to the consumer to deliver an expected experience

❯ Expectations are the result of brand and stakeholder communication

❯ Execution is critical for branding

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❯ Amount of technological complexity

❯ Level of competition

❯ Speed required to compete

❯ Turbulence

Unbundling

(firm specialization)

and re-bundling (networks)

Interdependence

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The brand is not something static, it is embedded in social interactions.

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The tangible and perceptual aspects of a brand.

❯ Name

❯ Logo (and/or logotype)

❯ Tagline or catchphrase

❯ Graphics

❯ Colors

❯ Shapes

❯ Sounds

❯ Tastes, scents and fragrances

❯ Other characteristics elements of the experience

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The brand elements are just the tip of the iceberg of what it takes to create a brand.

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de Chernatony, 2001

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de Chernatony, 2001

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Schein, 1984

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Long term

Short term

de Chernatony, 2001

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de Chernatony, 2001

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de Chernatony, 2001

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Porter, 1985

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de Chernatony, 2001

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de Chernatony, 2001

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de Chernatony, 2001

Brand attributes

•Awareness

• Image

•Perceived quality

•Perceived value

•Personality

•Organizational associations

Brand strength

• Leadership

• Price premium

• Loyalty

• Market share and distribution

Brand value

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A set of strong, favourable and unique brand associations in the mind of consumers.

Keller, 1993

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Keller, 1993

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Kapferer, 1997

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Keller, 1993

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A collective representation of the brand’s past actions and results that describe the brand’s ability to deliver valued outcomes to multiple stakeholders.

Fombrun & Rindova, 1996

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❯ Comportamento del brand/azienda

❯ Comunicazione del brand/azienda

❯ Comunicazione deglistakeholder

Reputazione

❯ Fiducia

❯ Scelta di acquisto

❯ Advocacy

❯ License to operate

❯ Investimenti

❯ Career brand (capacitàdi attrarre talenti)

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Brand support

Trasparency and integrity

Beware miopia

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Espressione della cultura

aziendale

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- Assume un ruolo di leader

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Nonaka & Takeuchi, 1995

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Henry Chesbrough, Open innovation, 2004

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- Assume un ruolo di leader

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- Assume un ruolo di leader

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