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Exploring the uniqueness of distinctive brand assets within the UK automotive industry.

Fiocchi, G. and Esfahani, M. S., 2024. Exploring the uniqueness of distinctive brand assets within the UK automotive industry. Journal of Brand Management, 31 (1), 1-15.

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DOI: 10.1057/s41262-023-00329-6

Abstract

Distinctive brand assets, such as logos, fonts, and jingles, help strengthen the link between a brand and its marketing communications, which is pivotal to anchoring any message to the right mental structures of category buyers. However, budget and time constraints mean that brand managers can only effectively build and own a limited number of assets, heightening the need for guidance on selecting the most valuable ones to invest in. The only exhaustive paper on the topic revealed that logos, logotypes, and characters offer the best opportunities for ownership in FMCG categories. We extend these findings to the automotive industry, a first in a high-involvement product category, and replicate the Competitive Intensity formula used in this contribution to enable comparison. Results of testing 44, in-market and de-branded assets show that logo is the most uniquely ownable asset type. Fonts, slogans, and colours all emerge as having Low Uniqueness Concentration. The dispersion of competitive intensity within asset types varies in line with their uniqueness concentration, raising the importance of creative execution and consistent usage to develop a sufficiently high level of unique ownership. Finally, we observed no demographical differences in the uniqueness scores, nor in the dispersion of competitive intensity

Item Type:Article
ISSN:1350-231X
Uncontrolled Keywords:Branding; Brand Identity; Identity elements; Distinctive brand assets; Uniqueness concentration
Group:Faculty of Media & Communication
ID Code:38862
Deposited By: Symplectic RT2
Deposited On:09 Aug 2023 14:51
Last Modified:30 May 2024 08:09

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