Preview

David Aaker

Satisfactory Essays
Open Document
Open Document
330 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
David Aaker
As industries turn increasingly hostile, it is clear that strong brand-building skills are needed to survive and prosper. In David Aaker's pathbreaking book, Managing Brand Equity, managers discovered the value of a brand as a strategic asset and a company's primary source of competitive advantage. Now, in this compelling new work, Aaker uses real brand-building cases from Saturn, General Electric, Kodak, Healthy Choice, McDonald's, and others to demonstrate how strong brands have been created and managed.
A common pitfall of brand strategists is to focus on brand attributes. Aaker shows how to break out of the box by considering emotional and self-expressive benefits and by introducing the brand-as-person, brand-as-organization, and brand-as-symbol perspectives. The twin concepts of brand identity (the brand image that brand strategists aspire to create or maintain) and brand position (that part of the brand identity that is to be actively communicated) play a key role in managing the "out-of-the-box" brand.
A second pitfall is to ignore the fact that individual brands are part of a larger system consisting of many intertwined and overlapping brands and subbrands. Aaker shows how to manage the "brand system" to achieve clarity and synergy, to adapt to a changing environment, and to leverage brand assets into new markets and products.
Aaker also addresses practical management issues, introducing a set of brand equity measures, termed the brand equity ten, to help those who measure and track brand equity across products and markets. He presents and analyzes brand-nurturing organizational forms that are responsive to the challenges of coordinated brands across markets, products, roles, and contexts. Potentially destructive organizational pressures to change a brand's identity and position are also discussed.
As executives in a wide range of industries seek to prevent their products and services from becoming commodities, they are recommitting themselves to brands

You May Also Find These Documents Helpful

  • Best Essays

    Brand Audit of John Lewis

    • 3400 Words
    • 14 Pages

    Keller, K., L. (1998) Strategic Brand Management: Building, Measuring and Managing Brand Equity. Prentice-Hall International: London…

    • 3400 Words
    • 14 Pages
    Best Essays
  • Best Essays

    Case Study: Aquascutum

    • 3088 Words
    • 13 Pages

    Kapferer, J-N. (2008) The New Strategic Brand Management: creating and sustaining brand equity long term. London: Kogan Page.…

    • 3088 Words
    • 13 Pages
    Best Essays
  • Best Essays

    Case Study on Asos

    • 3973 Words
    • 16 Pages

    Bibliography: 1. Aaker, 1991. Managing Brand Equity: Capitalizing on the Value of a Brand Name. Jossey Bass.…

    • 3973 Words
    • 16 Pages
    Best Essays
  • Best Essays

    Blackmores Company Analyses

    • 3602 Words
    • 15 Pages

    Blomback, A., Ramirez-Pasillas, M. (2012). Exploring the logics of corporate brand identity formation. Corporate Communications, 17(1), 7-28. doi:10.1108/13563281211196335…

    • 3602 Words
    • 15 Pages
    Best Essays
  • Better Essays

    Catherine, W., Tat Pui, L. and Henrik, U. (2011) The Roles of Branding for a Brand Entering…

    • 1304 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Getting back to ‘what is a brand?’ There are different views of the definition of a brand than Kotler’s. For example, another definition of a brand is that it is ‘a mixture of tangible and intangible attributes, symbolised in a trademark, which, if properly managed, creates influence and generates value’ (Clifton and Maughan, 2000). This definition describes brands in a broader perspective and it further considers manageable qualities of a brand, which Kotler’s definition does not. Since manageable qualities of a brand are in all strong organisations, people must consider this. A brand is much more than just a logo, such as McDonald’s golden arches or Nike’s ‘swoosh’ symbol, it also includes what the brand represents. In these cases, McDonald’s represent quality food made quickly, and Nike represents high quality shoes. Furthermore, there are three characteristics shared by the strongest brands, ‘clarity, consistency and leadership’ (Melewar, Sambrook, 2004, p167). Clarity is a ‘clear and distinct vision of their brand’s identity’ (Melewar,…

    • 1144 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Keller lays out ten characteristics that brands need to incorporate and share and gives a rounded view of assessing a brand. Building and managing brand equity is an important element to succeed and sustain growth; therefore, managing the brand equity becomes a business priority. However, few managers are able to step back and assess objectively their companies’ brands in terms…

    • 565 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Branding Strategy of Pepsi

    • 9539 Words
    • 39 Pages

    Branding builds stronger, longer relationships with customers. For those embracing the concept of "customer life value", branding is integral. A powerful, well-established brand also removes the product from the "commodity" category and often allows the company to operate without the need to participate in competitive price wars. Branding has taken on a greater significance in the past decade as companies begin to see their brands as assets - as valuable and as tangible as their systems and patents. So brands have become more than marketing slogans and icons today: they are now closely monitored by the CEO and CFO, and assessed by industry analysts and pundits. Today's accounting practices can actually value the brand as an asset on its balance sheet.…

    • 9539 Words
    • 39 Pages
    Powerful Essays
  • Powerful Essays

    Macro Environment of Sony

    • 7807 Words
    • 32 Pages

    Brands were originally developed as labels of ownership: name, term, design, and symbol. However, today it is what they do for people that matters much more, how they reflect and engage them, how they define their aspiration and enable them to do more. Powerful brands can drive success in competitive and financial markets, and indeed become the organization 's most valuable assets.…

    • 7807 Words
    • 32 Pages
    Powerful Essays
  • Best Essays

    References: 1. Aaker, D.A. (1991): “Managing Brand Equity: Capitalizing on the Value of a Brand Name”, the Free Press, New York, NY.…

    • 4537 Words
    • 19 Pages
    Best Essays
  • Good Essays

    With an increase in global competition, branding has become a source of competitive advantage. In the rapidly evolving market for consumer, and industrial products and services, the source of next generation competency will be branding. In its branding strategy, a company has a number of different options for branding. These can be divided into four different categories corporate brands, individual brand names or product brand, companies, product brands and manufacturer’s name and reputation (Melewar and Walker, 2003, p.161).…

    • 2022 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    investigations of tourism destination branding have primarily been conducted from a perceivedimage perspective. Therefore, the dearth of studies offering an insight into the supply-side…

    • 7407 Words
    • 30 Pages
    Powerful Essays
  • Satisfactory Essays

    Brand as a symbolic device: the brand name gives an added value to the product.…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mc Donalds Thesis

    • 19613 Words
    • 79 Pages

    Bibliography: Aaker, David (1996) Measuring Brand Equity Across Products and Markets. California Management Review, vol 38 no 3, 105…

    • 19613 Words
    • 79 Pages
    Good Essays
  • Better Essays

    Importance of Branding

    • 1829 Words
    • 8 Pages

    Brand pundits refer to our modern day society, (that which strategic branding is necessary otherwise one will be faced with a competitive disadvantage) also as a branding world (Sarin). This is due to there being more than 2.5 million registered trademarks in the United States alone (Sarin). With such heavy competition, it is vital that ones company does everything possible to differentiate themselves. Building a strong brand is a great method of doing so. Obtaining a recognizable brand backed with a positive brand image make purchaser’s decisions much easier. It allows an abundant amount of information to be provided to the customer or business representative before any form of research (Robert Vitale).…

    • 1829 Words
    • 8 Pages
    Better Essays