article thumbnail

StrategyDriven Podcast Special Edition 59 – An Interview with David Aaker, author of Brand Relevance

Strategy Driven

Special Edition 59 – An Interview with David Aaker, author of Brand Relevance explores the creation of offerings so different that they create unique categories within which customers perceive no other product or service alternatives. advantages of achieving brand relevance over brand preference. About the Author.

Aaker 66
article thumbnail

David A. Aaker: An interview by Bob Morris

First Friday Book Synopsis

In his own words: “My passion is understanding brands and helping firms build brands and brand portfolios. My first brand book, Managing Brand Equity defined brand equity and set forth its value to a firm and its customers.

Aaker 75
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Secrets of Social Media Revealed 50 Years Ago

First Friday Book Synopsis

Here is an excerpt from an article written by David Aaker for the Harvard Business Review blog. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here. * * * Almost 50 years ago Ernest Dichter, the father of motivation research, [.].

Dichter 80
article thumbnail

Forget Brand Preference – Win the Brand Relevance War

Strategy Driven

A consumer decides to buy an established product category or subcategory, such as SUVs. Brand Relevance : Making Competitors Irrelevant by David Aaker. Not only are these brands phenomenally successful – they are examples of product categories where competitors are nearly irrelevant, says branding guru David Aaker.

Brand 56
article thumbnail

Personal Needs vs. Customer Relationships

Strategy Driven

When we are satisfied with a product or service, we may tell three friends, but when we are dissatisfied, we’re inclined to tell (or Tweet) it to three thousand. “Trust is much heralded in marketing, but it has a downside,” said Aaker in an interview for Stanford Graduate School of Business (GSB) News.

Aaker 64
article thumbnail

Secrets of Social Media Revealed 50 Years Ago

Harvard Business Review

The first (about 33% of the cases) is because of product-involvement. Is the speaker's intention to sell a product or help me? A third finding was that recommenders had on average a huge impact on purchase running to 80% for some products. The experience is so novel and pleasurable that it must be shared.

Dichter 16
article thumbnail

Make Your Competition Irrelevant

Harvard Business Review

The latter's products were irrelevant to their decision. For 16 years Chrysler had no viable competitor, in part because it continuously innovated behind the product but also because competitors had other priorities. The payoff of operating with no or little competition is, of course, huge. It is Econ 101. It's always more profitable.

Aaker 15