Personal Branding: Identity & Image

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Questions and Answers

Which of the following best describes how brands influence our engagement with products, according to Phil Barden?

  • Brands dictate the absolute value of products based on their cost of production.
  • Brands primarily serve to create a static image that defines a product's long-term success regardless of quality.
  • Brands act as frames that subtly shape our perception of product value and experiences. (correct)
  • Brands have no real impact on how we perceive value; consumer perception is solely based on utility.

According to the material, what is the key distinction between 'branding' and 'brand'?

  • 'Brand' is the activity, while 'branding' is the result.
  • 'Brand' refers to visual elements; 'branding' is the written content.
  • 'Branding' is the activity, while 'brand' is the result. (correct)
  • There is no difference; the terms are interchangeable.

According to the provided information, what is the MOST accurate definition of 'brand promise'?

  • A legally binding guarantee of product performance.
  • A static marketing slogan designed for external communication.
  • Statements about a company's financial projections.
  • An articulation of how a business uniquely fulfills customer needs. (correct)

How does brand voice primarily contribute to a company's communication strategy?

<p>By humanizing the brand and showcasing its values. (D)</p> Signup and view all the answers

According to the material, what is the primary emphasis of ‘brand targeting’?

<p>Identifying the specific market segment a company aims to serve. (B)</p> Signup and view all the answers

According to the discussion, why is it crucial for a brand to establish a clear and consistent identity?

<p>To become easily recognizable to consumers. (C)</p> Signup and view all the answers

What is the suggested relationship between a brand's actions and its brand promise?

<p>Actions should always align with the brand promise to build trust and loyalty. (D)</p> Signup and view all the answers

According to the course material, what is the role of customer emotion and belief in defining a brand?

<p>Brands are significantly shaped by the emotional connection and beliefs of customers. (B)</p> Signup and view all the answers

What does the branding academic David Aaker define as the 'internal version' and 'external version' of a brand respectively?

<p>Identity and image. (C)</p> Signup and view all the answers

How does Jeff Bezos, of Amazon, characterize a brand, emphasizing the role of public perception?

<p>'What people say about you when you're not in the room.'. (B)</p> Signup and view all the answers

Which of the following scenarios illustrates a company utilizing 'branding' effectively?

<p>A company consistently delivers high-quality products that align with its advertised values. (B)</p> Signup and view all the answers

If IKEA wants to stand for “creating a better everyday life for the many people.' what is this official vision statement?

<p>Looking from inside the orginisation, and the ideas you <em>want</em> to stand for. (A)</p> Signup and view all the answers

A branding academic refers to the internal version of a brand as?

<p>Identity. (B)</p> Signup and view all the answers

What are some factors in Brand Identity?

<p>Includes your company's colour palette, logo, fonts/lettering, and how you visually present yourself on social media and through the company website. (D)</p> Signup and view all the answers

In the context of personal branding, what does 'authenticity' primarily refer to?

<p>Being true to oneself and communicating personal values consistently. (C)</p> Signup and view all the answers

According to the discussion of Maslow's hierarchy of needs, which level must be satisfied before you can prioritize building your self-esteem through personal branding?

<p>Safety and Physiological needs. (A)</p> Signup and view all the answers

What is the ultimate goal of personal branding, aligning with Maslow's hierarchy of needs?

<p>Achieving self-actualization. (D)</p> Signup and view all the answers

Which of the following actions is MOST aligned with the principle of consistency in personal branding?

<p>Maintaining a uniform brand voice and message across all platforms. (A)</p> Signup and view all the answers

What are the 5 C's of Personal Branding?

<p>Clarity – Consistency – Content – Credibility – Confidence. (A)</p> Signup and view all the answers

You have a new job as a marketing agent, and your boss has told you that your company must refine its Personal Value Proposition. What is your first step?

<p>Set a clear target. (A)</p> Signup and view all the answers

Finish the sentence. A brand is...

<p>What resides in the minds of customers? (D)</p> Signup and view all the answers

Select the option that is not one of many top values for business?

<p>Ambition. (A)</p> Signup and view all the answers

True or false: The two concepts of ‘brand’ and ‘reputation’ are the same.

<p>False. (A)</p> Signup and view all the answers

According to what was said in the slides, brands are...

<p>Dynamic ideas in people's minds. (D)</p> Signup and view all the answers

Why did one of the coaching clients, Mike, failed to be promoted by supervisor?

<p>Because nobody knows you. (A)</p> Signup and view all the answers

What is the first step in knowing your brand?

<p>Define who you are. (B)</p> Signup and view all the answers

What is the second step in knowing your brand?

<p>Identify your target audience. (C)</p> Signup and view all the answers

What has personal branding changed from?

<p>A “nice to have” to a “got to do.” (A)</p> Signup and view all the answers

Which of the the following options are not benefits for professionals?

<p>Ending up in the circular file. (B)</p> Signup and view all the answers

Historical personal branding focuses on?

<p>Self-packaging. (C)</p> Signup and view all the answers

The '5 A's of Personal Branding' are?

<p>Authenticity, Authority, Awareness, Action, Audience (D)</p> Signup and view all the answers

What does Awareness consist of?

<p>To understand how people percieve you. (A)</p> Signup and view all the answers

What tool is useful for identifying strengths, minimising weaknesses, optimising opportunities, and acknowledge threats?

<p>SWOT Analysis. (D)</p> Signup and view all the answers

When deciding how to create a unique and successful positioning for your brand, what must you do?

<p>All of the above. (D)</p> Signup and view all the answers

The benefits as to why Personal brand is important are?

<p>It offers to help differentiate you from people who do similar work and gets your name out there. (A)</p> Signup and view all the answers

One of the reasons why your Brand Tone of Voice Is So Essential, is that it helps you...

<p>To reinforce the first impression. (B)</p> Signup and view all the answers

Flashcards

Definition of a brand

What a brand stands for internally and externally.

Definition of Branding

The activity a brand owner does to establish a brand.

What is the purpose of branding?

Giving meaning to an organisation, company, product or service in consumers' minds.

Meaning of brand voice

The consistent personality and emotion you infuse into your company's communications.

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What is Brand Identity?

Aspects of your company that should be recognisable in the eyes of consumers.

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What is brand promise?

How you express the uniqueness that your business provides customers with.

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Brand values definition

They are the guiding principles and beliefs that your company stands for.

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What is brand targeting?

Determining which segment of the market that you want to reach.

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A brand effect on consumers

Giving consumers a decision-making shortcut.

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Brand positioning definition

It refers to where your brand stands in the market in the eyes of consumers.

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What is personal branding?

The projected image of an individual's personality, skills, experience, and behaviour that defines their unique identity.

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Purpose of personal branding

Professionals get more opportunities, recent graduates get more jobs and entrepreneurs get investors.

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Steps in understanding your own brand

Defining who you are, knowing your needs, get to know your competitors and craft a personal brand profile.

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Is Personal Branding new?

As old as humanity, as humans have always wanted to highlight their abilities and achievements.

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Personal Branding strategies

Start marketing themselves like the celebrities and influential people they look up to daily, studying trends and famous individuals on different social media platforms.

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What should personal branding be about?

Determining internally what's important to you, what your values are, and what kind of work you want to do.

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Essence of personal branding

Is not just about being known; it is about being remembered for the value you bring.

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Importance of personal branding

Help differentiate you from people who do similar work, get your name out there, to get reputation and spread awareness.

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Creating an Engaging and Unique Personal Brand

Highlight, build, stand out, be original and let people know you.

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Break down rationale of personal branding

Being organised or accurate.

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SWOT strengths

Unique resources can you draw on and what do you do well.

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SWOT weaknesses

What could you improve while having fewer resources than others?

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SWOT Opportunities

What opportunities are open to you and what trends could you take advantage of?

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SWOT threats

What threats could harm you and your competition?

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The five C's of personal branding

They are clarity, consistency, content, credibility and confidence.

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Study Notes

  • Personal branding involves crafting and communicating an image
  • Unique qualities, skills, and behaviors define individual identity and values
  • Brands can be the product itself e.g. Toblerone
  • Toblerone's brand extends to Switzerland and the Alps
  • Brands act as "frames" that influence perceived value and product perception
  • Brands are not static but dynamic ideas.

Internal vs. External Brand

  • Brands showcase what is internally stood for and what is externally stood for
  • The internal aspect reflects the organization's character
  • The external aspect reflects the associations and meanings in people's minds
  • Branding expert David Aaker refers to internal as identity and external as image

What is a Brand?

  • A brand creates a distinctive style, feelings and ideas, through product language and action
  • The American Marketing Association: A brand is a name, term, design, symbol, or any feature to identify a seller’s good or service as distinct

Brand vs Branding

  • Branding is establishing what is stood for, what is done, the technique for standing for something and shaping product perception
  • Difference = Branding is the activity, while brand is the result that companies use to create and shape a brand in consumers’ minds with aligned actions

The Branding Method

  • Brands create associations in the minds of consumers; what you stand for in the eyes of customers
  • Focuses giving meaning to a specific organization, company, product or service
  • The objective is attracting loyal customers and other stakeholders by aligned action in line with promises
  • Helping people quickly identify and experience a brand, giving them a reason to choose particular products

Brand Elements

  • The 6 Brand Elements:
  • Voice: Your brand should have a consistent personality and is infused in communications
  • Identity: Aspects of your company recognizable to consumers
  • Promise: Expresses your business's uniqueness
  • Values: Guiding principles behind your company
  • Targeting: Knowing which market you want to reach
  • Positioning: Where your brand stands relative to competition

Personal Branding Today

  • Modern personal branding helps individuals stand out, especially professionals, recent graduates, and entrepreneurs
  • Professionals can influence opportunities
  • Graduates can break from the circular file
  • Entrepreneurs can inspire investors with confidence

Historical and Modern Personal Branding

  • Historical personal branding has been around for a while
  • Human beings always wanted to emphasize their abilities and achievements
  • Modern personal branding has roots in `90s America from Tom Peters
  • Self promotion and authentic self expression is key

How to Build Your Brand

  • Start by defining your character, know yourself and determine the audience you'll influence
  • Evaluate competition and consider your own unique branding profile

Personal Branding & the Self

  • Personal branding is just as much about what value you bring in an authentic manner with a unique voice
  • Personal Branding (Just because people know your name, know what value you bring)
  • Start with self awareness
  • Focus on 5 key areas:
  • Authenticity, Awareness, Authority, Action, Audience

Ten Golden Rules for an Engaging Personal Brand

  • Maintain focus on key messages and your target demographic
  • Be genuine and showcase authentic content
  • Tell your brand's story
  • Be consistent to be recognized
  • Be prepared to fail
  • Have a positive impact building community
  • Follow a successful example and apply a twist
  • Live your brand and align lifestyles
  • Let other people tell your story
  • Leave a legacy

5 C's of Personal Branding

  • Clarity:
  • Know unique value proposition
  • Communications highlight beliefs and what controls behavior
  • Consistence:
  • Consistent messaging, image and behavior, leading to building trust and credibility
  • Content:
  • Create content to showcase leadership skills
  • Credibility:
  • Building reputation
  • Confidence:
  • Show value to your audience and evoke emotions

Knowing Your Needs

  • Self branding requires understanding needs; a popular theory is Maslow's hierarchy
  • Base level needs must be met before higher-level needs are considered
  • The hierarchy starts with:
  • Physiological (hunger, tiredness)
  • Followed by safety
  • Followed by fulfilling needs for belonging and love
  • Higher-level goals require reaching each step
  • Focus on Self-Esteem (Doing work with a sense of self), then self actualization
  • Reaching self-actualization helps you shine brightly

SWOT Analysis

  • SWOT is an analysis technique to understand strengths, weaknesses, opportunities, and threats
  • SWOT analyzes business from the inside out as tool to understanding
  • Goal = Identify strengths, optimize opportunities, minimize weaknesses, and acknowledge threats

The SWOT Quadrants

  • Strengths and Opportunities lead to achievement
  • Weaknesses/Threats need avoiding
  • Strength = (What you do well and unique resources you can draw on)
  • Weaknesses = (What needs to improve and what do others see as you weaknesses)
  • Opportunities = (What opportunities can you take to capitalize of trends)
  • Threats = (Competitions and threats that your weaknesses expose you to)

Rationale vs. Emotional

  • One must consider what qualities people consider rational vs emotional:
  • Rational = the solid qualities that signal reliability and trustworthiness.
  • Emotional attributes explain why people want to be around you, creating personality
  • The challenge is meeting minimum requirements then adding personality

Brand Positioning

  • Brand positioning designs an image to occupy a distinctive place in the target market's mind
  • Kotler: Creating distinct mental associations in the minds of customers to make them perceive a brand in a specific way
  • The goal being how a brand differs from competitors and how it sits in customers' minds
  • What the consumers need to want, what your capabilities are and what your competitor does

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