100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary of the articles of Branding & Design (2023/2024) $12.48   Add to cart

Summary

Summary of the articles of Branding & Design (2023/2024)

 5 views  0 purchase
  • Course
  • Institution

This is a summary of all the articles required to read for the Branding & Design course in 2023/2024, except for the Buurman et al. (2017) article as it was about 70 pages... Good luck studying!

Preview 3 out of 20  pages

  • March 26, 2024
  • 20
  • 2023/2024
  • Summary
avatar-seller
Fleur Serlie March, 2024 1


Article summary
Branding & Design 2024


Session 1: What is corporate branding?
Hatch & Schultz (2008) chapter 1: Corporate branding
• Product brands = operate independently or in family groups -> one product/service
- Focus on customers/consumers
- Gains market share through advertising campaigns designed by marketers
• Corporate brands = an entire enterprise and brands all of the products using one
name (McDonald’s)
- Address all stakeholders (so also suppliers, partners, etc.)
- Gains market share through sharing ambitions, values and beliefs of the enterprise
- It must connect to the past and history of the brand, when rebranding


When corporate brands work
• Coherence between what the top managers want to accomplish in the future (vision),
what has always been known/believed by employees (culture), and what external
stakeholders expect/desire from the company (image) is necessary for a corporate
brand! ->
VCI Alignment Model

,Fleur Serlie March, 2024 2




• Corporate brands need to be managed not only during brand launch, but throughout
the life of the company


Hatch & Schultz (2008) chapter 2: The value of brands
Good corporate branding and its benefits of belonging are the base for brand value


Differentiation and belonging
= “to attract customers and appeal to other stakeholders, reminding people why they belong to
or should join the community of interests that swirls around the brand”
• Brand symbolism helps people to identify others with similar values/interests, while
also differentiating them from people with dissimilar interests
• Belonging can be achieved by inviting customers into the inner circle or hosting
events (ultimately drawing out non-members) -> inclusion/exclusion
• “Brand meanings are produced by and distributed among the people they touch”


Brands are symbols
• A corporate brand is represented by a constellation of symbols
• People weave the brand’s symbols into their life and give them their own meanings
• It makes it harder for competitors to copy this, as it consists of:
- the relationships among your house style
- product designs
- service delivery systems
- employee characteristics
- leadership style
- management practices or the quality of the many relationships (touch-points) with
stakeholders
• Corporate brands combine:
- Names, symbols and experiences
- A central idea or sets of ideas
- Qualities, emotions, attitudes and style

, Fleur Serlie March, 2024 3


Key idea -> stakeholders uniquely associate brand names and other brand symbols and
experiences with the enterprise and these associations facilitate the sense of belonging and
differentiation that defines the brand
• Stakeholders might feel their identities are intertwined with the brand and brand
symbolism represents and maintains these bonds


Aaker’s Brand equity model
1. Market behaviour = brand’s standing with customers using market share, price
2. Awareness = extent to which a population of consumers claims to know the brand
exists
3. Association and differentiation = perceived brand value, brand personality, trust,
admiration for the organization
4. Quality = brand performance supplemented by emotional responses to the brand’s
innovativeness
5. Loyalty = willingness to pay a premium price, moderated by rational perceptions of
product/service performance


Millward Brown’s Brand Pyramid

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller fiorafleur. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.48. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.48
  • (0)
  Add to cart