Professional Documents
Culture Documents
Corporate Image and Brand Management
Corporate Image and Brand Management
Kenneth E. Clow
OUTLINE
• Corporate Image Roles
– Consumer role
– B2B role
– Corporate role
• Promoting Desired Image
Components of a
Corporate Image
Tangibles Intangibles
Goods and services Corporate, personnel, and
environmental policies
Retail outlets (sale) Ideals and beliefs of corporate
personnel
Factories (produce) Culture of country and location of
company
Communication media: ads, Media reports
promos, literature, docs…
Name/Logo
Employees
Corp. Image Role -
consumer’s view
• Assurance of familiar products
(e.g. Coke)
• Assurance of familiar company
(e.g. IBM)
• Reduction of purchase research time
• Psychological reinforcement & social
acceptance
Corp. Image Role-
B2B view
• Reduce feelings of risk
• Reduce search time
• Psychological reinforcement & social
acceptance
Corp. Image Role –
corporation’s view (self-view)
• Extends +ve consumer feelings to
new products
• Enables higher pricing
• Enables increased repeat buying
• Endorses +ve W.O.M.
• Attracts quality employees
• Increased financial viability as
ranked by analysts and corp. raters
Promoting Desired Image
1. Image must accurately portray firm and
coincide with products and services
sold.
2. Easier to re-enforce or rejuvenate than it
is to change well-established
(e.g. New Coke vs. Coke Classic)
3. Difficult to “next to impossible” to
develop new image
(sometimes divorce and/or new company is easier)
4. Recovering from –ve or “bad press”
happens fast (overnight) …
building/rebuilding can take years!
Branding –
discovering why consumers buy a brand
• Most compelling Benefits?
• Emotions elicited by the brand?
• One-word encapsulation?
• Importance to customers?
• Flanker Brand
– Develop a new brand within a related product
category
(increase market mix to reach new target segments)
• Tide & Cheer, Ivory Snow…etc.
Co-Branding
• Ingredient branding
– Intel inside compaq
• Cooperative branding
– Joint venture e.g.: Citbank, Mastercard
and American Airlines points card
• Complementary branding
– Encourage co-consumption of more
than one brand such as Oreo shakes in
Dairy Queen
Private Brands
• Exclusive lines
• Used to be higher priced now lower
priced
• Use to have higher quality perception
now not always
• Retail loyalty up but brand loyalty
down
E.G.: Sears (Kenmore)
Positioning
“The process of creating a perception in the consumer’s mind regarding
the nature of a company and its products relative to the competition”
(Clow & Blaack, p. 48)
Attribute
Cultural
Competitors
Symbol
POSITIONING
Product Application
Class Use
Product Price-Quality
User Relationship
THANKS!