The CBBE model aims to understand how brands are built in consumers' minds. It has six components - brand salience, performance, imagery, judgment, feelings, and resonance - that make up four steps starting with awareness and ending with loyalty. Research on cellular brands in India found that Nokia had the strongest brand image and customer loyalty, followed by Sony Ericsson, despite Samsung spending more on branding. Most consumers were satisfied with their preferred brands and willing to recommend them to others.
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Presentation On Customer Based Brand Equity
The CBBE model aims to understand how brands are built in consumers' minds. It has six components - brand salience, performance, imagery, judgment, feelings, and resonance - that make up four steps starting with awareness and ending with loyalty. Research on cellular brands in India found that Nokia had the strongest brand image and customer loyalty, followed by Sony Ericsson, despite Samsung spending more on branding. Most consumers were satisfied with their preferred brands and willing to recommend them to others.
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Customer based brand equity
Two questions often asked about
brands : Q1:What makes a brand strong ? Q2:how do you build a strong brand? | To answer these questions (CBBE) modle was introduced ± This model incorporates recent theoretical advances and managerial practices in understanding and influencing consumer behavior Also this model provides a unique point of view as to what brand equity is and how it should be built, measured and managed. | nderstanding the needs & wants of consumer and devising products and programs to satisfy them at the heart of successful marketing. | There are two questions mainly faced by the marketers are: ± Q1: what brand means to the consumer? ± Q2:how does the brand knowledge of the consumer affect | n this presentation have tried to answer these two questions by conducting a research on cellular industry but here first let us discuss that what is CBBE model, what are its components & steps. CBBE model | As you can see that in the model there are four steps containing 6 basic components starting from; ± Brand Salience ± Brand Performance ± Brand magery ± Brand Judgment ± Brand feelings & ± Brand resonance Brand Salience | Brand salience basically means that; ± How brand is evoked in the minds of the consumer? ± How often? ± n which conditions? ± And how frequently? ± How well a consumer knows the brand? ± s he/she aware of the services provided by brand fully? Brand Performance | Brand Performance means that; ± How well the brand is performing comparatively? ± Does the brand satisfies the basic needs? ± How reliable/durable is the brand? ± How much you feel that brand is better? Brand magery | Brand imagery answer the questions that; ± How much the brand is admired in the society? ± How you feel about the user of the brand? ± How easily can you get the brand? Brand Judgment | This involves; ± To what extent does the brand satisfies you? ± What is its product quality? ± How innovative are the makers of this brand? ± Does they understand your needs? Brand Feelings
| Brand feeling means;
± how much you are attached to the brand? ± What type of feeling is evoked when you purchase that brand? Brand Resonance | Resonance is the last step which specifies that ± s consumer loyal & attached to the brand or not (means he is fully satisfied or not) Research Results | According to our Research the four of the top brands of cellular industry ± Nokia ± Samsung ± Lg & ± Sony erricson | nly Nokia has the branding image clearly visible as it has most no of customers and there satisfaction level has reached to its max level (means achieved loyalty) | n the second no sony erricson comes in despite the fact that samsung is spending more to establish branding!!! | Q1.Rank cellular brands according to your preferences (1~4)? | NA | SAMS NG | LG | SNY ERRCSN | NA 73% | SNY ERCSN 13% | SAMS NG 10% | LG 4% | Q2. Name any three products (model) of the above selected brand? | a. | b. 30% F NA C STMERS ARE NT AWARE F THE NA PRD CTS F LLY. | c. | Q3. Did you ever face the basic functional problems in the most preferred brand? | E.g (call, text messaging etc.) | a. yes | b. no 30% F PEPLE FACED PRBLEMS N NA. | Q4. Selected brand product has consistent in the performance? (Means same performance in every environment) | a. yes | b. no ± 25% F PEPLE SAY THAT T DESN¶T PERFM CNSSTANTLY | | Q5. Does your choice is being admired with in your social circle? | a. yes | b. no NA & SAMS NG BTH ARE 10% NT ACCEPTABLEN THE SCETY | Q6. s this brand easily available? | a. yes | b. no
± MST F ALL BRANDS ARE AVALABLE
EASLY | Q7. What do you like the most about your brand? | features | durability | accessories | pricing | useful life | After sales services | Q8. Does your brand provide you with the facilities that you demand the most? | a. yes | b. no
| ALL SERS SATSFY THE SERS DEMAND
| Q9. Would you like to recommend this brand to others as well? | a. yes | b. no