31 devender tak - emotional branding

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    EMOTIONAL BRANDING

    CONTEMPORARY ISSUE ON SEMINAR

    A STUDY ON

    EMOTIONAL BRANDING

    Session: 200911

    SUBMITTED TO:

    SUBMITTED BY:

    Mr. RAJAT MENDIRATTA DEVENDAR TAKM.B.A SEM II

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    EMOTIONAL BRANDING

    Acknowledgement

    The beatitude, bliss & euphoria that accompany successful completion any task would not be

    completed without the expression of appreciation of simple virtues to the people who made i

    possible.So, I take my immense pleasure in expressing a whole hearted thanks to all the faculty members who

    guided me all the way making this project successful.

    It is my privilege to express a deep sense of gratitude and thanks to Mr. RAJAT MENDIRATTA for

    providing us various information directly related to project.I extend my gratitude and thankfulness to Apex Institute of Management & Science.

    Date: 12-05-2010 Submitted By:

    (DEVENDAR TAK)

    Place: Jaipur

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    EMOTIONAL BRANDING

    Preface

    The underlying aim of the seminar on contemporary issue as an integral part of MBA program is to

    provide the students with practical aspects of the organization working environment.

    Such type of presentation helps a student to visualize and realize about the congruencies between the

    theoretical learning in the premises of college and actual followed by the organization. It gives theknowledge of application aspect of the theories learnt in the classroom.

    The seminar project in EMOTIONAL BRANDING is a complete experience in itself, which provide

    me with the understanding. This has become as inspirable of my knowledge of management beinglearned in MBA program.

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    EMOTIONAL BRANDING

    CONTENTS:

    INTRODUCTION

    BRAND BRAND DIFFERENCE

    NEED OF BRANDING

    EMOTIONAL BRANDING A NEW REALIZATION

    TOUCHING THE HEART

    EMOTIONAL SATISFACTION MAKE YOUR CUSTOMER SMILE

    COLOR BRANDING

    CRITERIA THAT GOVERN EMOTIONAL BRANDING

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    EMOTIONAL BRANDING

    LINK BETWEEN EMOTIONS AND BRAND LOYALTY

    CLASSIFICATION OF BRAND ON THE BASIS OF APPEAL

    UNDERSTANDING THE BENEFITS OF EMOTIONAL BRANDING

    HOW TO MARKET EMOTIONALLY

    KEY MENDATES FOR EMOTIONAL BRANDING

    CONCLUSION

    INTRODUCTION

    Emotional Branding is a virtual movement. It began in 2001, when a profoundly

    different brand design strategy was developed from the creation of Marc Gobs

    bestselling book. The Emotional Branding strategy marked a simple but

    revolutionary shift in thinking: placing the consumer, not the product, at the

    forefront of a brands strategy. Marketing in the 20th century had deviated from

    this basic principle, adopting a guerrilla-warfare, us (the marketers) agains

    them (the consumers) mentality.

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    EMOTIONAL BRANDING

    Emotional Branding has opened the pathway to an entirely new kind of thinking

    which explores how brands can connect with people in a more sensitive and

    humanistic way and touch people profoundly at the level of the senses and

    emotions.

    One of the most amazing discoveries of Emotional Branding has been that by

    empowering consumers, brands are ultimately empowered themselves

    Emotional Branding allows a brand to own a unique and compelling strategic,

    visual, tactical and verbal vocabularycreating a rich personality that enables

    the brand to stand out completely from the competition and win peoples hearts

    WHAT IS BRAND?

    Before starting about Emotional Branding we must know about Brand. All products have nam

    but not all names are brands. A brand is apromise. A brand is not a product. It is a promise that t

    consumer is aware of (sometimes vaguely) when they buy and it is a promise that is kept and delivere

    by their experience with what they bought.

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    EMOTIONAL BRANDING

    Defining the promise is the first step in branding. The promise must be described in terms of wh

    customers want, not from the perspective of what the company thinks it has. If the promise is we

    identified and successfully delivered, a bond of trust is built between the company and its custome

    As this bond strengthens, so does the brand. A brand is something that is build and earn a reputatio

    for. You may have invented a better mousetrap and given it a highly memorable name, but it is not

    brand until it proves to your customers that it works and they tell you that your mousetrap is the on

    they prefer. It has been argued that you don't create your brand. Your customer does!

    So a brand is also a form of trust - a guarantee in customers' minds that they are getting something

    they know they can rely on, time after time. It becomes a useful short cut to reliability. This is another

    reason why having a strong brand is so valuable. You don't have to waste a lot of time and money

    describing yourself in detail at every sales opportunity. Your reputation, quite literally, precedes you.

    Brand Associations The feelings, beliefs and knowledge that consumer

    (customers) have about brands. These associations are derived as a result of

    experiences and must be consistent with the brand positioning and the basis of

    differentiation.

    Brand Commitment -: The degree to which a customer is committed to a given brand in that

    they are likely to re-purchase/re-use in the future. The level of commitment indicates the degree to

    which a brand's customer franchise is protected form competitors.A brand should have at least two

    other central dimensions:

    1. As well as making a promise, a brand should offer its user a benefit and

    2. A brand should serve to differentiate itself from its competitors in an attractive, memorable, relevan

    and compelling way.

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    EMOTIONAL BRANDING

    So the end result of designing a brand is a proposition that says to the user: here is what the brand

    promises to deliver to you; this is why it meets your needs; this is why it is better than the others.

    WHAT IS EMOTIONAL BRANDING?Emotional branding is a very powerful means of increasing ones market share and creating brand

    loyalty. Emotional branding is widely heralded as a key to marketing success, and leading brands

    often attempt to forge deep emotional bonds with their customers

    In today's highly competitive markets, smart companies are focusing more and more on emotiona

    branding to differentiate their product in the minds--and hearts--of consumers.

    "People spend money when and where they feel good."

    - Walt Disney

    No wonder. Today's consumers face more choices than ever, yet they devote less time to product

    comparisons. To compound the matter, brands in many industries have become increasingly similar

    in quality, price and delivery.

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    EMOTIONAL BRANDING

    You've gained their trust and are rewarded with their loyalty. Once a consumer's emotions are

    involved, you've injected real power into your brand. As Kevin Kelly once noted,

    "the only factor becoming scarce in a world of abundance is human attention."

    Rather than huge advertisements and image or brand awareness, branding boils down to how a

    product makes a customer feel and that is where emotional branding comes in and that is where the

    competitive edge also comes in.

    The answer is because we all have both left and right brains. The right brain reflects our creative and

    emotional side, the left brain controls our logic and intellectual reasoning. Effective branding appeals

    to both sides of the brain. It takes into account both tangible and intangible attributes which relate to

    both functional and emotional benefits.

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    EMOTIONAL BRANDING

    Surf, Pears, Maruti, Titan, TATA are all brands that people have come to trust and love because

    they have not only delivered exceptional products but a great experience to go with them.

    A NEW REALIZATION

    Conventional marketing based on Features-Advantages-Benefits and Satisfaction (FABS) is pass

    and rational marketing is history. People of the genre listen only to their irrational, emotiona

    requirements. They dont buy something because it will last forever, but because it may give them

    satisfaction in terms of image, prestige and snob value.

    If we looked at the pyramid shaped Indian society , we find that the majority of the people live in

    villages and do not have proper livelihood and purchasing power. These people look for utility

    products. but others who are at the top of the society-who have loads of money-look for things tha

    can enhance their image and prestige.

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    EMOTIONAL BRANDING

    The Three Levels Of Needs Drawn From Maslows Hierarchy Of Needs

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    EMOTIONAL BRANDING

    it is very interesting to note that people with lower order needs may only buy utility products

    Fashion and style may not be criteria for them to buy a product and they may be driven mainly by

    utility, price and other elements. People with middle order needs may look for style and fashion if

    they find logic and reason in them; and if they can also afford the same.

    These people have more money compared to those with lower order needs and hence they spend

    much more on comparatively expensive items.

    SELF

    ACTUALIZATION

    SELF ESTEEM

    LOVE AND

    BELONGINGNESS

    SAFETY AND SECURITY NEEDS

    PHYSILOGICAL NEEDS

    HIGHER

    ORDER

    NEEDS

    MIDDLE

    ORDER

    NEEDS

    NEEDS

    LOWER

    ORDER

    NEEDS

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    EMOTIONAL BRANDING

    But actually, the big spenders are those with higher order needs. These people have money , taste and

    a liberal spending habit. They spend huge amounts of money on various products. Almost 80% of

    total spending is done by them. And all companies are eyeing them for future growth.

    Sometimes their spending pattern is illogical as they are often crazy and obsessed about buying. They

    are the new generation consumers; their philosophy is to earn more and spend even more (i

    possible).They never look for utility in the products and may buy a car because of the glitzy ad

    they have seen recently on TV. They are highly fanatical and passionate about the latest cars, the

    most up to date mobile handsets and other gizmos. To them tangible benefits are pass; style and

    fashion are more important. Emotional Marketing is just apt for them.

    TOUCHING THE HEART

    Effective marketing should not only touch the hearts of the consumers but should also impact upon

    them emotionally and lead them on to take action. It may be targeted at the new generation

    consumers, who have the more spending power, a well defined taste, a liking for the latest products

    and a value system that is totally untraditional. The new generation consumers can be targeted with

    the following Emotional Marketing Mix:

    1. Glitzy Ad

    2. Flashy Design

    3. Lifestyle

    4. Image

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    EMOTIONAL BRANDING

    Moving Consumers From Reality To Unreality - Helping Them Dream

    EMOTIONAL BRANDING

    LIFESTYLE

    GLITZY ADIMAGE

    FLASHY DESIGN

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    EMOTIONAL BRANDING

    Here we can take the eg. of DOVE soap. Dove is not just a soap its a dream a dream of

    becoming delicately beautiful , by using a very gentle soap. When a girl bathes with Dove soap, she

    nurtures a dream of becoming exquisitely beautiful. And she also expects to be accepted by a dream

    boy. When she buys it , she actually does not buy the tangible soap, but her purchase is driven by

    her dream an eternal dream that every girl cherishes to become gorgeously attractive. The tangible

    Dove soap, together with the imagery created around the brand, has a decisive effect on the

    consumer.

    The same can be said forFair & Lovely and other beauty products.

    EMOTIONAL SATISFACTIONA KEY MARKETING VALUE DRIVER

    In order to delight your customers emotionally, you must use the Emotional Marketing Mix very

    carefully. You must indicate emotional element in your product, communicate the same with glitz

    and help consumers imbibe those emotional elements and make them dream. Consumers at the higher

    order need level, very often get locked emotionally with glitz , surreal beauty, somber and exotic

    locations. The communication should also include flashy product design and its associated lifestyle

    elements. When consumer imbibe these communications strongly, the product becomes indispensable

    to them and they would be willing to die to possess it.

    In todays world, people go absolutely gaga about glitz and fashion. Tangible merits are outdated.

    There is no denying the fact that if tangibles and fashion can be integrated into a product, it can be a

    phenomenal success, but this may not be true for all products. In order to achieve success in business

    you need to be able to strike the emotions that motivate your prospects. Describing the emotiona

    delight your customers get from your products can surely take you that extra mile towards success

    The customer should feel a sense of self-importance, pride, confidence and delight upon buying

    your products.

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    EMOTIONAL BRANDING

    COLOR BRANDING

    Making use of the right colors in the promotional materials like marketing brochures, produc

    labelling and packaging is very important. This is quite essential to arouse the right set of emotions

    that will prompt your target audience to buy your product or service.

    Colors have the ability to change peoples emotions. Furthermore, several colors carry symbolic

    meanings and associations. for example, if youre selling childrens products, it may be appropriate to

    use rainbow colors, as they represent enjoyment and happiness. Similarly, if one is selling products

    for men, colors such as blue, black, grey or white may be more suitable, as they represent strength

    and maturity.

    Following are some of the common colors used in personality tests and their meanings to give

    you an idea of how color preferences can be used to further understand customers and their

    behaviors

    Orange Color Meanings

    Orange is related to energy, strength and power.

    Gold Color Meanings

    Gold color represents loyalty and responsibility.

    Green Color Meanings

    The color personality preference tests assume that green color represents a persistent, decisive and

    resistant state of mind.

    Blue Color Meanings

    Blue color is related to calmness

    Red Color Meanings

    Red color excites.

    The color personality tests associate it with enthusiasm, strength and competitiveness.

    Looking at these color meanings as they relate to consumer behavior, it seems clear that different

    target audiences would respond to different colors in marketing materials and branding. It certainly

    makes a case for including color preference questions in market research used to segment your

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    EMOTIONAL BRANDING

    customers. Do your customers prefer orange or blue? If there is a trend, you might want to match

    your color choices to your target audiences preferences.

    What do you think about color in terms of predicting consumer behavior and using it to more

    appropriately communicate with target audiences?- is a step to success.

    Criteria That Govern Emotional Marketing:

    INTRINSIC

    TECHNICAL

    PRICE

    COMMUNI-

    -CATION

    EXTRINSIC

    TOUCHING

    THE

    HEART

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    EMOTIONAL BRANDING

    TOUCHING THE HEART

    Technical Criteria:

    The technical criteria talk about the functional elements of the product. If the additional functions &

    features of a product are able to make certain operations easy to perform & execute, then it will be

    widely accepted over other substitutes. Marketers who offer products or services that have extra

    features & are easy to use, will definitely have an edge over competitors & drive the market their

    way.

    Communication Criteria:

    In communication, one should integrate technical and emotional elements and let the consumers

    imbibe the same. Both technical and emotional elements are important . However, in todays world of

    standardized products , utility has taken a backseat , and emotional elements are what really drive

    consumers to the last point

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    EMOTIONAL BRANDING

    BRAND COMMUNICATIONS ARE SENT AND RECEIVED AT THREE

    EMOTIONAL LEVELS:

    The Head

    The Heart and

    The Gut.

    1. Head communications-: represent the rational. They are most effective in situations where

    literal identification is the highest priority, such as in signage or functional product information.

    2. Heart communications-: strengthen a brands relationship with its target audiences. They

    capture a sense of shared values and readily adapt to interactive and social contexts.

    3. Gut communications-: intuitively tap into consumers consciousand subconscious

    desires. They create a wow factor that drives not just loyalty, but passionate attachment to a brand.

    While brands can powerfully link their overall brand image to one of these emotional zones, we

    believe that every brand must leverage all three emotional levels to most effectively communicate

    with their target audiences.

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    EMOTIONAL BRANDING

    Intrinsic Criteria:

    Intrinsic criteria throw light on the fact that the product must appeal to the customers senses. A

    customer is driven by its feel, taste, smell, look or sound. He wants to be associated with joy, beauty,

    pride and confidence. His senses are governed by the Look At Me attitude. Therefore, products

    which cater to these basic needs of the customer are more likely to be accepted.

    Consumers are constantly looking for something new and different. A marketer must make use of the

    right kind of innovations which can take the consumers to a higher plane and give them delight and

    surprise.

    The Look At Me approach would be extremely innovative and may entice consumers who look

    for very diverse products. In this approach a strong appeal (may be sensuality) can create wonders.

    Extrinsic criteria:

    The extrinsic criteria give rise to a dream in the consumers mind that people like to look at beautiful

    persons/objects and that if he would look good on being associated with the product , people would

    like to be with him; thus giving him an extra sense of acceptance in the society and greater

    confidence. This would lure the customer towards buying the product again and again. Quite clearly

    some emotions of the prospects are driven by the concept if youre beautiful, Ill look at you!. A

    product must therefore have both tangible and intangible features that would make it beautiful and

    also make the user look beautiful.

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    EMOTIONAL BRANDING

    When a consumer looks at the product, he sees both tangible as well as intangible factors. In certain

    product categories appeal can take over all other factors and the consumer may decide in favor o

    the brand because of the appeal only.

    IF

    YOURE

    BEAUTIFUL

    I

    WILL LOOK

    AT

    YOU..

    INTANGIBLE

    FEATURES

    TANGIBLE

    FEATURES

    ATTRACTIVE

    PACKAGING

    DESIGN /

    LABELLING

    COLOUR

    APPEAL

    BRAND NAME

    EXTRINSIC CRITERIA:

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    EMOTIONAL BRANDING

    NAMING

    Naming a brand is also equally important . A relevant , meaningful and contemporary name can strike

    the right chord in the consumers mind. For example, Head & Shoulders is an appropriate name for

    an anti-dandruff shampoo and goes a long way in making this brand successful. Newsweek sells

    much more globally than News Weekly. Playboy is more popular than Esquire. All these successful

    brands have relevance and right association

    Naming is a sub-set of branding, and it is an important sub-set. Well-executed, a memorable name

    and an arresting logo can be valuable assets for a good brand. In fact, a well-chosen name can

    perform almost as a one word commercial. This can be especially critical for smaller businesses

    which may lack the budgets to promote their brands effectively.

    Today's skeptical, time-pressed generation needs a prompting that instantly encourages them to give

    your brand a try. A truly strong brand name should at least hint at emotional gratification. If your

    brand name doesn't convey its emotional essence, consider adding a tagline. Use words that show

    emotion. For example, if you ran a spa, you might apply words like "love," "satisfy" or "indulge."

    Again, ensure that the words you use are appropriate for your audience

    PRICE

    Price is a very important criterion for profitability and sustainability of any product/brand. It has been

    observed that if consumers develop a predisposition towards a particular brand , he is ready to paymore. The prime objective should be to take consumers into the emotional loop and move them

    upstage to the level of predisposition. Once a consumer is predisposed emotionally towards a brand

    90% of the battle is won. It is therefore important for the marketer to be committed to put the

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    consumers into the emotional loop, develop emotional predisposition and strive towards emotiona

    marketing.

    BRANDS USING BOTH BENEFITS AND SYMBOLIC ASSOCIATIONS:

    LG, in the positioning with regard to its televisions, washing machines and refrigerators ha

    creatively combined the emotional proposition.

    In refrigerators, the emotion is safety and trust (preservation of nutrients); in washing machine, it is

    fabric care (trust); and in television, it is Golden Eye (care). Such a positioning backed by a good

    product and service is certain to get positive word of mouth.

    There may be categories which fit into such functional-emotional combination. Marketers would have

    to consider the category along with the target segment to visualise such combinations.

    The Vicks advertisement of yesteryear is a classic the son drenched in the rain offering a bouqueto the mother on her birthday and the mother using Vicks for the occasion. Baby products involving

    infants and mother (J&J uses this) are another example.

    Clinic Plus initially positioned itself on the mother-daughter bonding.

    researchers and experts have different ideas on what a brand benefit is, segmenting it into three or

    four categories which are :

    Functional Benefit - Actual benefit from the brand. (ie. Low Fat)

    Emotional Benefit - Benefit felt in the heart and mind of the consumer. (ie

    feeling light and healthy)

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    EMOTIONAL BRANDING

    The strongest brands always effectively express emotional and often social

    benefits.

    Emotional benefits-: express how you feel when you use the brand, while social/affiliation

    benefits revolve around how you want others to see you.

    Functional benefits-: are important, yet they are also easiest for competitors to claim or

    duplicate. Functional benefits rarely differentiate one brand from another.

    Connecting emotional benefits with your difference is at the heart of great messaging. And elevates

    your brand to one of contemporary relevance.

    In this post Ill focus on the Emotional Benefit, since I believe there is a great chance for many

    brands to improve in it.

    UNDERSTANDING THE EMOTIONAL BRAND BENEFIT

    However, only few brands (worldwide) have been able to translate the functional benefit into

    something consumers understand and are able to deal with emotionally, moving them to adopt it as

    part of their daily lives; hence, starting a new relationship with a brand. Some examples of such

    brands are: Coca-Cola, Starbucks, Singapore Airlines, and recently Apple.

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    Apple - "Brand of the Year" in 2001

    When we speak on emotional benefits, the benefit gotten by the consumer isnt something materia

    they can show off as an Oscar statue. Instead, it works more directly into the heart and mind. The key

    here is that in most cases, even though it isnt a material good, it can be showed off as a batch o

    honor or status. (arriving to the creation of a social benefit)

    For example:

    Singapore Airlines allows their users to have fun, test new business models, be the first ones

    to discover new airline paradigms, and enjoy their ride as no other brand allows them to.

    The tricky part on establishing an emotional benefit for consumers is the transition and translation of

    the functional benefit into something that consumers can experience emotionally that will leave them

    touched with the brands benefit itself.

    A benefit will never attract the emotional side of a consumer if it isnt relevant to her. Singapore

    Airlines offers the functional benefit of high quality, innovative, different and even fun flights

    around the world; all of which are relevant and important to consumers, that is what theyre looking

    for a in a 12-hr flight. But they take it a step further by utilizing communication strategies like

    advertising branding, and positioning through various mediums to connect emotionally with their

    users. By putting forth, what Id call, a cause-effect strategy they target consumers both ways,

    through advertising (prior to service delivery, promising great things) and then finally connecting the

    dots with the amazing experience they provide to the users once on-board.

    There is actually no other way to keep the brand benefit rolling like a snowball but through

    consistency. To stick with the example, Singapore Airlines have continuously stayed on track with

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    what their brand offers. No tactic or strategy of theirs deviated from their original brand benefit and

    positioning.

    By having strategies (all around) that are relevant to your consumers (or potential ones), and then

    keeping the promise through a sustained period of time, you will be able to tie in the emotional brand

    benefit that consumers get from your brand experience. So Emotional Branding is the new

    mantra.

    HOW TO MARKET EMOTIONALLY:

    When figuring out how to market emotionally, you need to work out what drives your customers.

    How do they spend their days? How can your product make their lives easier, make them healthier or

    better looking or their lives more fun? Once you get a grip on how your product appeals to your

    customer, you can then focus your marketing efforts on bringing to the fore the emotional offer that

    your clients will respond to. For example, if you sell liquid vitamins I would say off the top of my

    head that your target market are people who are health conscious, not as healthy as they would like to

    be, high income earners, probably leading quite stressed lives and they want their vitamins quickly

    and immediately.

    Obviously you need to pitch your marketing tactics at intelligent, busy people who are concerned

    about their health and want instant results from vitamins. You could show a before stressed executive

    at office or stressed mom ferrying the kids and after executive in control of a meeting, mom laughing

    with the kids to show the benefits of these vitamins.

    To build an emotional marketing campaign you need to read the psycho-social make-up of your targe

    market and build up an emotional campaign to meet their needs. It sounds like common sense but

    surprisingly few businesses go about doing this. They simply have advertisements published and

    hope for the best. What you actually need is a promotional campaign where you are entering into an

    emotional back-and-forth relationship with the customer, persuading them that your service or

    product can meet their emotional need.

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    EMOTIONAL BRANDING

    Keep in mind that the emotional attitudes of consumers toward the same product can vary greatly by

    age group, gender, culture, socioeconomic status, etc. Consider a sports car, which may convey thrills

    to a teenager but danger to an elderly adult.

    Key Mandates for Emotional Branding:

    These key mandates illustrate the difference between traditional concepts of brand awareness and the

    emotional dimensions a brand needs to express to become preferred.

    From Honesty to Trust:

    Honesty is the best policy. Truth is even better. It needs to be earned.

    Honesty is required to be in business today. The govt. authorities, consumer groups and the people in

    general have an increasingly rigorous standard for products and will rate very quickly what needs to

    be on shelf and what doesn't. The issue regarding the presence of pesticide levels over the permissible

    limit in the soft drink Coca-Cola has really deteriorated the trust people had in the brand. In Kerala

    both Coke and Pepsi has been suffering from this account. Trust is one of the most important values

    of a brand and it requires real effort from corporations. One of the most powerful moves towards

    building consumer trust was retailer's implementation of the "no questions asked" return policy some

    years ago. This strategy brings total comfort to customers and gives them the upper hand in their

    choices. A very smart decision indeed.

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    EMOTIONAL BRANDING

    From Quality to Preference:

    Quality is a necessary offering if you want to stay in business; it is expected and had better be

    delivered. Preference toward a brand is the real connection to success. Trigger (Jeans brand) is a

    quality brand, but it has currently lost its preferential status. Amul is a brand that has achieved an

    enviable and highly charged emotional connection with consumers today. There is no stopping a

    brand when it is preferred.

    From Notoriety to Aspiration:

    Being known does not mean that you are also loved!

    Notoriety is what gets you known. But if you want to be desired, you must convey something that is

    in keeping with the customer's aspirations. Reliance Industries is a household name in India with

    operations in a wide area covering petrochemicals, refining, textiles, telecom etc. But the company's

    recent malpractices in the telecom sector (where TDSAT imposed a fine of Rs.150 crore to be paid to

    Department of Telecom) are not something that a customer would aspire emotionally. So more than

    visibility, a brand has to be inspirational.

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    CONCLUSION

    Emotional Branding is a new paradigm that would command growing importance in the years to

    come. The rational means of attracting customers through product features and benefits is losing its

    importance, particularly when catering to the higher order needs of the more affluent section of

    consumers . Emotional appeal based on lifestyle and image, supported by glitzy advertisement and

    flashy packaging are becoming comparatively more common in recent times.

    The basic principle of emotional marketing is that one has to touch the customers heart, and create a

    liking for the product through the use ofIntrinsic (Look At Me Approach) and Extrinsic (I

    youre beautiful, I will look at you!) criteria.

    ,Marketers would have to be particularly conscious about including the emotional component in their

    marketing activities in order to provide that added edge, which would not be available if one limits

    oneself to a rational appeal alone. With increasing disposable incomes and consequent growth in

    discretionary spending power, emotional marketing will have a much greater role to play in deciding

    how the additional income would be spent.

    The market out there is fast and furious. The competition is heavy and the marketing message

    are reaching consumers in their thousands every day. To compound the challenge most of your

    potential customers basic needs are already met. They are looking for things to enhance their lives

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    make them feel better, prettier, sexier. Marketing to todays consumers is a challenging business

    because you are no longer listing the specifications of products and services. Instead you are meeting

    people on an emotional level to break into their consumer awareness.

    In short, Emotional Branding has created an entirely new vernacular in the business world and

    opened up a new dialogue about how to create brands people truly lovethrough the power of

    emotions and design

    We can conclude that-

    Emotional Branding - For the ultimate bonding

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    Bibliography

    WEB:

    1. www.emotional marketing. com

    2. www.emotional branding.com

    3. www.iupindia.org

    Book / Magazine:

    1. MARKETING MASTERMIND.

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    http://www.emotional/http://www.emotional/http://www.emotional/http://www.emotional/
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