BRAND EQUITY 57
Finally, brand feelings or consumers’ emotional responses to the brand are an important
element of brand equity. For example, warmth, fun, excitement, self-respect, social approval
and security are considered as important types of brand-building feelings.^66 Th ese feelings
may have become associated to the brand by means of its marketing communications pro-
gramme or the experiences the consumer had with the brand. Th ey may also stem from the
attributes or benefi ts consumers associate with the brand. Th e relation between attributes and
consumers’ end-values/feelings can be revealed by the ‘means–end chain’. Th e structure of the
‘ladder’ of meanings that a brand can deliver is oft en presented as a ‘means–end chain’, with
six levels (associations) ( Table 2.4 ).^67 First of all, a brand suggests a number of both concrete
and abstract attributes. Concrete attributes can be the Absolut Vodka bottle or the lubricating
strip on a Gillette razor. Abstract attributes can be the level of technology in a Saab car or the
good taste of Danone yoghurt. Th ese attributes lead to functional and psycho-social benefi ts.
A functional benefi t of Elsève hairspray is that you avoid sticky hair. Th e psycho-social bene-
fi t of Nespresso coff ee may be that guests feel happy and have more fun drinking it. Finally,
brands are also associated with instrumental and end-values. Using Dolce and Gabbana
perfume may enable you to impress others (instrumental values), leading to a higher level of
self-esteem (end-value). Th e concept of means–end chains is derived from the fact that the
attributes (means) lead to benefi ts, which eventually lead to values (ends). For instance,
Dorito crisps are made of corn and have a special fl avour; as a result, they are tasty and guests
have more fun and enjoy visiting you, which makes you a good host, leading to the desired
end-value of higher self-esteem. Th e fi nal goal of consumption and brand choice is to satisfy
end-value needs.
In assessing brand association structures, not only should the evoked associations be
measured, but also their desirability, strength and uniqueness,^68 i.e. the extent to which cus-
tomers value the associations they make, and the extent to which the brand is perceived to be
the only one that evokes that particular set of associations.
Other assets also determine brand equity, such as the number of stores carrying the brand,
the percentage of people that have easy access to the brand, shelf space, patents and trade-
marks, quality of staff , labels, etc.
Th e fi rst four factors of brand equity do not imply any real behaviour on the part of the
consumer. Evidently, real brand strength will be translated into consumers buying the brand
and being loyal to it. Behind every powerful brand stands a group of loyal consumers. In fact,
the real company asset is brand loyalty , not the brand itself.^69 Diff erent levels of loyalty can
be distinguished ( Figure 2.5 ). Evidently, a strong brand implies that as many customers as
Table 2.4 Means–end chains and brand association structures
Concrete
attributes
Abstract
attributes
Functional
benefits
Psycho-
social
benefits
Instrumental
values
End-values
Bacardi
Breezer
Less alcohol Filling I drink less
alcohol
I avoid the
negatives
of alcohol
I am more
able to
socialise and
can really
enjoy my friends
I get the
feeling I
belong to
the group
50 cl cola
can
Too much
to drink
Cola gets
warm
I cannot
drink it all
I throw it
away
I am wasting
money
I feel
irresponsible
Spicy
Doritos
Flavour Strong
taste
I eat less I don’t get
fat
I maintain a good
figure
I feel good
about myself
Source : Based on Reynolds, T.J. and Gutman, J. (2001), ‘Laddering Theory, Method, Analysis, and Interpretation’, in Reynolds, T.J. and Olson, J.C. (eds),
Understanding Consumer Decision Making: The Means-End Approach to Marketing and Advertising Strategy , Mahwah, NJ: Lawrence Erlbaum Associates, 25–62.
M02_PELS3221_05_SE_C02.indd 57M02_PELS3221_05_SE_C02.indd 57 6/5/13 2:59 PM6/5/13 2:59 PM