ipl-logo

Brand Association Analysis

1496 Words6 Pages

Brand equity is defined as an intangible asset of included value built from four noteworthy parts i.e. brand awareness, brand loyalty, brand quality and brand associations (Aaker 1996). According to Ferrel and Hartline (2008) brand awareness and brand loyalty tend to upgrade consumers ' familiarity with the brand as recognized brands are approached all the more frequently by consumers. Brand quality relates to the risks perceived in making buy decision. Brand associations allude to brand image, functional benefits, and attributes. In addition, according to Aaker brand association is a branch of brand identity where identity alludes to 'what the organization needs the brand to remain for in client 's mind ' (1996).

Brand association assumes …show more content…

The part of personality in brand association involves human-like characteristics. Aaker regards the part of brand as a person to describe brand personality. According to him 'brand can be perceived as being upscale, able, impressive, trustworthy, fun, active, easygoing, formal, energetic, or intellectual ' (2002, p.83). Recognizing brand personality can be valuable in a few ways. Firstly, it can empower consumers to express their own particular personality through personality of the brands-creating solid association. Secondly, it makes consumer-brand relationship in light of positive personality traits. Ultimately, personality can likewise provide differentiation and can 'positively influence perceived quality, brand inclination and client loyalty ' (Maehle and Shneor, …show more content…

Briefly, functional benefits nearly relate to product-related attributes where center focal points of products satisfy 'basic motivations, for example, solving problems ' (Kayanak, Salman and Tatoglu, 2008). Symbolic benefits assume a more important part in brand association as it involves feelings and emotions of consumers. Symbolic benefits provide social approval or self-identity to consumers. At the point when consumers associate with a brand that provides social acknowledgment or self-concept, they tend built emotional consumer-brand relationship leading to effective brand identity. In conclusion, brand attitudes combine every one of the factors discussed above so as to make attitudinal perception towards brands and get to be 'basis for consumer behavior ' (p.349). Different attributes have different intends to consumers, in this manner, most positive attributes make more grounded associations. This makes significant consumer-brand relationship that gets reflected upon client based brand

More about Brand Association Analysis

Open Document