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1993Brand

Customer-Based Brand Equity

The point, in one line

Brand equity is the difference made by what a person already knows about you. That knowledge has two components: awareness and image.

How it works

Brand equity is a gap: how many people would come if a nameless club sent the same invitation.

RecognitionI see the name and know I have heard of it.
RecallI produce the name myself when the category comes up. Harder, worth more.
Associations in memoryWhat comes to mind at the name — that is the image.
Favourable, strong, unique'They run events' is strong and not unique, so it separates you from nobody.
What people know about you has only two components — awareness and image — so the whole job is two or three associations nobody else in the faculty can claim.
The same thing, in your club
  1. The situation

    The board decided it needs 'more visibility' and is planning another ten posts.

  2. What the model says

    Visibility grows only half the model. If what people say is 'they run events', those ten posts just repeat the thing that separates you from nobody.

  3. What you do

    Ask twenty people by the coffee machine — ten members, ten not — which three words come to mind, and sort them into the three columns.

What it claims

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Who created it

KLK1993
An illustrated emblem, not a portrait.
Kevin Lane Keller (1956–)
1993

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Why this is your problem

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Why gslk uses it

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Where it runs in the product

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Source

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Rights and licence
In copyright

The primary source is in copyright. This page retells it in our own words and cites it rather than reproducing it.

What this connects to

These works are related to the one you just read — and not by accident:

Grounds these competency domains

Of the ten gslk competency domains, this work grounds:

The student version
Customer-Based Brand Equity

The same work written for a member: what to do with it in the club.

Check it yourself

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