Shopping Journey
A measurement of a consumer’s movement through a particular space using GPS technology.
Brand Essence is the core values which distinguish a brand. These values will be consistent over time, whereas the execution characteristics of material pieces like the packaging, marketing or the advertising of the product or service can change. By clarifying and setting up a brand essence, it allows the owner of the brand to have a model which all marketing and NPD (New Product Development) will be able to follow and cohesive with the brand’s image.
Kevin Keller is a brand expert who devised the term “brand mantra” which is another term for brand essence. The mantra concept backs up the role of brand essence in internal communication. Kevin said that brand mantra should “define the category of business for the brand and set brand boundaries. It should also clarify what is unique about the brand. It should be memorable. As a result, it should be short, crisp and vivid in meaning. Ideally, the brand mantra would also stake out ground that is personally meaningful and relevant to as many employees as possible.”
The key to having a positive re-positioning program is thinking about your brand’s essence and the layout of the brand. Most of the companies skip over steps such as self-analysis, purpose, philosophy and purpose. They tend to go straight to other factors such as marketing tactics and the product line. If a company is to skip these steps without thinking thoroughly about your brand’s purpose and values and how these can be used in order to create a valued bond with your consumers. If you haven’t got your values in place, then you will still be creating planning without it being strategic planning in a brand sense.
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A measurement of a consumer’s movement through a particular space using GPS technology.
System 1, developed by Kahneman (2011), refers to the brain’s processing of information quickly, instinctually and emotionally, and this is usually done unconsciously. The opposite to System 1 is System 2 which is responsible for slow, conscious, logical and deliberative thinking.