Dimensions of Brand Portfolio: Strategies
Dimensions of Brand Portfolio: Strategies
Dimensions of Brand Portfolio: Strategies
David Aaker suggested that development of a brand portfolio strategies involve six dimensions And these are
5.
6.
Brand Portfolio Composition Product Defining Roles Portfolio Defining Roles Brand Scope Portfolio Structure Portfolio Graphics
Each of the above is in the role of a Sub brand and MICROSOFT is in the role of a Master Brand
This dimension define the individual external role of a brand in the portfolio. A brand in the portfolio can be in the:
The brand that serve to give credibility to the offerings Endorser brand represent the Organisation rather than a product brand. Nestle-Cerelac, Nestle-Milo, Dabur Vatika, Godrej- Fair glow
Role of Sub- Brand To modify the association of a brand. To extend the master brand meaningful new segment. To create a new brand that significantly different from brand
Role as a Descriptor A brand that describe what is offered. The characteristic explained by the descriptor can not be owned by the company. GE-Appliances: Appliances is a descriptor & GE-Appliances define a distinct product category
Saffola Cholesterol Management Atta Johnson& Johnson baby oil All Out Mosquito Repellant
Driver Role
Note that a master brand can play the role of Endorser & driver simultaneously.
Thus this dimension (Product Defining Role) represent the external consumer perspective
3. Portfolio Roles Brands are not silo & SBU are not island This dimension represent internal managerial perspective on brand portfolio.
Each brand play a specific role from firm's point of view & it could be:
Strategic Brand Silver Bullet Brand Flanker Brand Cash Cow Brand
Strategic Brand A Star brand leading the market in its segment Three category of Strategic Brand: Current Power Brand Future Power Brand Linchpin Brand
4. Brand Scope This dimension reflect the span of a brand in a category or market Scope depends upon the dynamics of market. GM decided not to use GM with each of its car brand earlier they used to add GM with each brand
Brand Grouping
HP-Jet series: Laser jet, Inkjet & scan jet Grouping criteria: Common technology
Brand Hierarchical tree: Like family tree Toyota Toyota cars Toyota Trucks Lexus
Toyota SUV
6. Portfolio Graphics These are the pattern of Brand Visual Representations across all brands.
Logo Packaging
Layout
Aaker define 5 objectives that can be achieved by working on these dimensions: 1. SYNERGY 2. LEVERAE 3. RELEVANCE 4. STRONG BRAND 5. CLARITY
David Aaker proposed a continiuum of possible types of updated brand architecture & this continiuum is known as brand relationship spectrum.
The position on the spectrum reflects the degree to which brands are separated in strategy execution & ultimately, in the customer's mind.
b) Shadow endorser
Mickey-Mouse: Disney
It provides credibility and substance to the offering and usually plays a minor driver role
Example of Cadbury, Nestle, etc
Usually a master brand involved in several product-market context, which is substantially less prominent than the endorsed brand.
It can be a logo, like Nestle written on Kit-kat bar & all Maggi products get token of Nestle
When both master brand and sub brand have major driver roles. Example : Gillette-Mach3: Gillette is a master brand and Mach3 is a sub brand acting as a codriver
b) Master Brand as driver Sony-Bravia: Sony is the master brand in the role of a driver and Bravia is a sub-brand only.