Creative Brand Strategy - Task 1
Creative Brand Strategy - Task 1
Wong Kai Yi (0340236)
Creative Brand Strategy
1. LECTURE
01.04.2021 (Week 1)
08.04.2021 (Week 2)
What is
Brand Strategy?
Brand strategy: positioning, differentiation, competitive advantage, unique value proposition
Disciplined
alignment of brand strategy
Plans with
customer requirements
1. Brand
Positioning
Conceptual place you want to own in the target audience’s mind –
benefits (they think of) of your brand
Gut feeling when you see the brands
e.g. Vans – street culture, Nike – innovative product, NB – versatility
fashion and function
Internal statement: designed to direct external communication, inform tagline
development
Positioning is used as an internal statement of strategy to guide
external implementation (tagline, creative copy, theme)
A brand
TRULY COMMUNICATES when it
Sets the
BRAND APART from the COMPETITOR
Makes it
IMMEDIATELY RECOGNIZABLE
Creates an EMOTIONAL CONNECTION
Brand Architecture
Monolithic
BA (Branded House) – master brand’s identity
Endorsed –
product / division has a clearly defined market presence
e.g.,
Nestle
Pluralistic(House
of Brands) – unrelated brands
Name of
master brand may be either invisible / inconsequential to the consumer,
therefore new brands are developed
Benefits:
Individual brands
– max market impact
Avoid brand
association that is incompatible with an offering
Owning a
new product class by using a powerful name
Product
Brands vs Product Names
PB –
require investment & management, represent value greater than the
functionality of the offering alone
PN – simple
descriptors, identify the tangible value the customer receives
Brand Extension
Stretching
the brand into attractive categories, creating “equity bridges” for customers
to cross.
Drive new
business growth
Process
which allows companies to define new and attractive business opportunities for
existing brands, 2 approaches:
Deductive:
customers follow trademark to logical places
Inductive:
Marketers determines attractive categories & create equity bridges for
customers to cross
Adv of
Brand Extension (vs new brand creation):
Further
strengthen & build the brand franchise
Enhance the
chance of new business success
Reduce cost
of business development
15.04.2021 (Week 3)
SWOT analysis, Customer journey map, Guiding principles
Strength
Unique
selling proposition (USP)
Weakness
Internal
factors, resources, distribution systems, procedures
Examine how
and why competitors are doing better
What we are
lacking with
Opportunities
Chances for
something + to happen
Marketing
trends, tech adv, changes in social patterns, population profiles, lifestyle
Threat
Shifts in
mkt requirement
Consideration
on what competitors are doing
Customer
Journey Map
Visual
representation of customer journey (buyer / user journey)
Customer
actions, motives and experiences, organizational activities and roles that are
responsible for these activities
1. Focus on customer perspectives
Customer experience and interaction
2.
Ensure
the maps reflect all touchpoints
Reflect all potential communication points through which customers want
to connect with companies: email, text, websites, social media
Reflect diff stages which customers take
3.
Account
for customer segments
Acknowledge the fact that diff customer segments experience products,
brands, services differently
Guiding
principles
Brand:
asset w. reputational and commercial value
Cohesively
express a company’s core purpose
Built from
inside out
Customers
amplify your brand in ways you are unable to (brand loyalty)
Every
touchpoint matters, but only a handful matter the most (quality over quantity)
Brands,
like humans are organic in nature
Selectively
highlight attributes
22.04.2021 (Week 4)
Big idea ('experience idea'): overarching message that underpins all elements of a campaign in order to resonate with the target audience
2. INSTRUCTIONS
Task 1A Case Study
01.04.2021 (Week 1)
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Fig 1.1 Campaign ideas on Miro |
08.04.2021 (Week 2)
Task 1B Campaign Proposal
15.04.2021 (Week 3)
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Fig 1.4 Penang Dragon Boat Festival |
I continued to work on Option 1: Sustainable Living
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Fig 1.5 Campaign Proposal planning |
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Fig 1.6 Campaign Proposal planning 2 |
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Fig 1.7 SWOT analysis |
22.04.2021 (Week 4)
3. FEEDBACK
01.04.2020 (Week 1)
08.04.2020 (Week 2)
15.04.2020 (Week 3)
22.04.2020 (Week 4)
4. REFLECTION
01.04.2020 (Week 1)
08.04.2020 (Week 2)
15.04.2020 (Week 3)
22.04.2020 (Week 4)
5. FURTHER READING
01.04.2020 (Week 1) - 08.04.2020 (Week 2)
Increase Business Value
Generates New Customers
Improves Employee Pride and Satisfaction
Creates Trust Within The Marketplace
Supports Advertising
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