01.10.2014 Views

Brand Relevance: Making Competitors Irrelevant - always yours

Brand Relevance: Making Competitors Irrelevant - always yours

Brand Relevance: Making Competitors Irrelevant - always yours

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

250 BRAND RELEVANCE<br />

established fi rms who, again, tend to focus their efforts on the<br />

current heavy users, the most profi table customers.<br />

Premium Offerings<br />

The polar opposite of creating a value subcategory is to create<br />

a premium or super - premium subcategory. Everyone is attracted<br />

to the best. Further, being part of the top subcategory automatically<br />

means that the quality and experience are superior, and<br />

customers receive emotional and self - expressive benefi ts knowing<br />

that they are buying and using the best.<br />

Singapore Airlines introduced a passenger class that was a<br />

signifi cant step above fi rst class by confi guring the huge A380<br />

planes to have twelve suites that deliver unprecedented luxury<br />

with meals designed by famous chefs. Suntory took leadership<br />

in the upper - premium malt category by creating a pilsner beer<br />

using European aromatic hops from the Czech Republic. Its<br />

advertising features “ Ah, a blissful aftertaste ” and “ The aroma,<br />

richness, and aftertaste of a gold - medal - winning beer. ” Van<br />

Houten has a super - premium chocolate with a patented coca<br />

formula that has delivered “ velvety feeling ” for over 180 years.<br />

Armani has a members lounge in the Armani Ginza Tower that<br />

proves a true luxury getaway and a place to conduct business in<br />

a rarefi ed atmosphere. The ultimate in exclusivity.<br />

There can be a premium subcategory within a value category.<br />

Starbucks introduced Via, a soluble coffee aimed at the huge<br />

market for such a product, in which Nestl é ’ s Taster ’ s Choice<br />

(termed Nescaf é outside the United States) is a dominant<br />

brand. The connection with Starbucks provides the credibility<br />

that Via could indeed be a prototypical premium brand, residing<br />

above the existing offerings. P & G ’ s Olay brand brought<br />

department store skin - care benefi ts to the mass marketplace.<br />

Greyhound launched Bolt Bus in 2006, a bus aimed at young,<br />

professional travelers with leather seats, ample leg room, free<br />

Wi - Fi, and seatback electrical plugs. The goal was to create a

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!