Technology + Creativity

Strategy Talk

Trends from Cannes Lions 2015. Great overview with all the best campaigns included..

Advertisements

Customer Brand Based Equity Model

Strategy Talk

Customer based brand equity model

Customer-Based Brand Equity model (CBBE, Keller, 2002, & Kotler/Pfoertsch, 2006). Modified Lovemarks.

Kevin Lane Keller’s well known Customer-Based Brand Equity Model shows the process of building strong brands. Powerful brands create meaningful images in the minds of consumers (Keller, 1993), with brand image and reputation enhancing differentiation and thus potentially having a positive influence on buying behaviour. Branding in consumer markets has been shown to increase a company’s financial performance and long term competitive position.

Brand equity model

Strategy Talk

Brand Equity model (Brandt and Johnson, 1997)
“Brand equity is the unique set of real and/or perceived distinctions attached to a brand by customers…. Brand equity lives only in the hearts and minds of customers.”