branding international marketing 70-480, session 2 lloyd corder, ph.d
TRANSCRIPT
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Branding
International Marketing 70-480, Session 2Lloyd Corder, Ph.D.
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1. What Are Perceptions?2. What Are Brands?
Corder’s Questions
2. BrandingInternational Marketing 70-480Lloyd Corder, Ph.D.
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What ArePerceptions &How Do We
Measure Them?All our knowledge has its origins in our perceptions.
Leonardo DaVinci
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The “Unmotivation” Series
“When you don’t care any more”
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Session 1 Goals
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Leader’s View of the World
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Employees’ View of the World
2. BrandingInternational Marketing 70-480Lloyd Corder, Ph.D.
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Leaders Need to Change Employees’ Perception
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What Do You See?
Old Woman
Young Woman
Bald EagleRat
Porcupine
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Why Perceptions Matter
Sense
Select
Organize
Interpret
Stuff in the World
Behavior
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Perceptions Defined● Generally, attitudes precede behavior● People are different from one another, even within the same
audience segment● The target audience is typically different from those individuals
trying to communicate to it● Goal: Uncover existing perceptions before communicating● Marketing research helps us understand perceptions-and which
marketing strategies and tactics will most likely influence behavior
We become what we think about.
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What AreBrands?
All our knowledge has its origins in our perceptions.Leonardo DaVinci
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Products vs. Brands● Whole grain oats (includes the
oat bran), marshmallows (sugar, modified corn syrup, dextrose, gelatin, calcium carbonate, artificial flavor, yellows 5 & 6, red 40, blue 1), sugar, corn syrup, wheat starch, salt, calcium carbonate, color added, trisodium, phosphate, zinc and iron (mineral nutrients), vitamin C (sodium ascorbate), …
● Carbonated water, high fructose, corn syrup and/or sucrose, caramel color, phosphoric acid, natural flavors, caffeine
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Top 10 Brands (Really Strong Perceptions)
Eurobrand, 2011
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What is a Brand?● A promise● Perceptual shortcut● Collections of feelings (hopefully positive) that shorten the buying
cycle● Can be built and reinforced with advertising● Can be measured in many ways (marketing research, sales,
packaging, etc.)● Traditionally about products (soap, cereal, etc.)● Now about lifestyle and deep desires (Nike)
A brand is the sum total of the perceptions people have about the product, service or company.
Marketing is a battle of perceptions, not products.
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Branding Laws
● Law of Expansion: The power of a brand is inversely proportional to its scope. (Chevrolet, Harley-Davidson wine coolers)
● Law of Contraction: The brand becomes stronger when you narrow its focus. (Starbucks, Toys “R” Us)
● Law of Publicity: The birth of a brand is achieved with publicity, not advertising. (Microsoft, Intel, Dell, etc. first created in Wall Street Journal)
Al Ries and Laura Ries, 22 Immutable Laws of Branding
The more you focus your brand—and your research—generally the stronger it gets.
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Case: Packaging Wars—Canned Food vs. Fresh Or Frozen
● Problem: Declining can sales (losing out to other packages—plastic, fresh, boxes, glass, etc.)
● Goal: Determine perceptions of canned food and create a marketing communications program to improve brand
● Summarized from multiple surveys and focus groups (5,000+ interviews)
● Target audience: Women, 25-54
Vs.
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Women, 25-54: Home Décor Suggests Consumer Behavior
Showplace 6%● Loves a day at the spa● Experiments with food
trends● Typical dinner: rack of
lamb● Few tots around● Likes to entertain● Well used credit cards● College educated,
savvy working woman● In shape from head to
toe
Shipshape 34%● Craves simple meal
solutions, like pot roast with vegetables
● Stay-at-home mom
● Kids are pint-sized
● Channel surfs with children
● “Seven sisters” are her favorite subscriptions
● Eats five-a-day meals and uses the home gym
Rest Stop 24%● Buys complete
impromptu dinners at grocery store
● TV junkie● Web surfer● Bachelorette● Loves the great
outdoors● Workaholic
Chaos Central 15%● Likes easy-to-fix meals,
like spaghetti
● No time for pampering
● Life is a juggling act
● Likes to communicate via e-mail
● Spare cash is sparse
● Likely to work full-time
Dust Ball 20%● Loves newspaper food
section, especially for bargains
● Fashion tightwad● Retired penny-pincher● Empty-nester● Alma matter is her high
school
National survey, N=300
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Lifestyle Habits: Women, 25-39● ½ think mom worked harder, better cook● ¾ work outside the home, 40+ hours per week● Think they cook “homemade” (turn on stove)● ½ rely on convenience foods, leftovers● 80% rely on takeout● ½ say children influence grocery shopping
National survey, N=300
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1. Marketing research is a highly valuable tool with extensive applications.
2. Because marketing is a battle of perceptions, marketing research is often based on understanding and measuring perceptions.
3. Really strong perceptions are called a brand.4. BrandstormingTM is a great tool for quickly outlining research
topics.5. Most surveys follow a basic process (questionnaire, list,
fieldwork, analysis and results).
Corder’s Conclusions
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1. Select a marketing research topic that you will complete this mini (start to finish, ending in a presentation of your findings)
2. Your topic should include primary research (you can also do secondary research, if helpful)
3. Can be either qualitative or quantitative (or both)4. Form teams of 6 or less for a single project5. 1 person teams are okay6. FOCUS your topic-you only have about 1 month to run it7. Prepare a 1-page write up of your research topic (plan)-include
objectives, methods, etc.
Assignment
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