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There are two types
of customer-based brand equity: brand awareness and brand image, both belong to
the very key concept of brand knowledge. A positive customer-based brand equity
depends on how consumers perceive the brand. What we can all agree on is that
customers will be favorable to a brand if they are for instance more or less
not that sensitive to price changes, if they are willing to spend time looking
across stores to buy it and on top of that if they are loyal.
As part of a brand
exploratory perspective, we went on the field in Paris-La Défense, and asked
random people what they thought about Marvel and DC Comics in terms of brand
awareness and brand image.
You may say to
yourself “What’s the point of all this?”, well let us tell you why!
For a brand,
improving its brand awareness is vital. In fact, the higher the better:
customers will place the brand in their consideration set that would impact
their purchase choices. Similarly, a brand must be an undefeatable actor in
terms of brand image to beat competition through strong, favorable and unique
brand associations as Keller underlined it; this can be undertaken via
attributes, benefits and attitudes/emotions. Having a solid brand identity is
not enough, what matters is how the customer will perceive it.
I/ BRAND AWARENESS
Firstly, to measure Marvel
and DC Comics’ brand awareness, composed of brand recall and brand recognition,
we chose to ask the following questions to a sample of 10 heterogeneous people:
1) What brands in the
category of comics/movies featuring superheroes do you know?
The first cited
response echoes to a top of mind
awareness, i.e. the highest level of brand awareness (brand recall).
The other spontaneously
cited responses lie in spontaneous
awareness (brand recall).
If people were unable
to answer, we guided them through a second question.
Results:
Marvel wins the
competition as the brand was the first cited response for 70% of the people we interviewed, so it benefits from a top of mind awareness.
Nonetheless, DC
Comics benefits from a spontaneous
awareness for 30% of the sample.
The results to this
question were quite interesting as many people quoted DC Comics superheroes
(Batman, Superman, Captain America) but could not tell us what was the brand
behind them.
2) Do you know Marvel?
Do you know DC Comics?
This question deals
with assisted awareness (brand
recognition).
If people replied
“yes”, we then moved to a third and final question.
Results:
Marvel benefits from
a higher assisted awareness than DC
Comics as 100% of the people
interviewed replied they know Marvel, and only 60% of them answered they know DC Comics. Furthermore, two
respondents said that they knew DC Comics but could not tell who were the
superheroes of the brand.
However, these
results must be nuanced as our sample was limited and it is quite unlikely that
a brand has 100% assisted awareness.
3) What products
of Marvel/ DC Comics do you know?
If people were able
to cite the majority of the products of the brand, we call it qualified awareness (brand recall).
Results:
Respondents answered
to this question in two different ways: half of the people interviewed cited
the brands products and others cited the superheroes attributed to each brand.
For those who cited
the brand products, all of them told us Marvel was doing comics, movies, video
games, toys, action figures and clothing. They answered the same for DC Comics,
except 2 people among 5 who had no idea of which products DC Comics is
producing. We noticed that comics and movies were always the first products
cited, which shows a qualified awareness
of the two brands.
For those who cited the
superheroes, some of the respondents mix Marvel and DC Comics superheroes such
as Superman, Green Lantern, Captain America and Wonderwoman.
To conclude, the
answers to this questionnaire underlie the fact that Marvel benefits from a
higher brand awareness than DC Comics: 70% top of mind awareness versus 30% for
DC Comics, 100% assisted awareness versus 60% for DC Comics and a higher
qualified awareness too.
As its brand
recognition is weak, DC Comics should increase the familiarity of its products through
repeat exposures in the eyes of customers. More, to reinforce its brand recall,
DC Comics should work on more powerful
associations and signals.
II/ THE LOVEMARKER MODEL
Secondly, to assess
their brand image, we used on one hand the Lovemarker model of Kevin Roberts,
CEO of Saatchi & Saatchi (even tough we remain conscious that it does not
perfectly fit to our audited brands) and on the other hand the process of brand
associations.
Magic mirror on the
wall, who is the Lovemark one of all?
We chose to interview
a heterogeneous sample. We interviewed Hermine, 27, law student, Laetitia, 20,
nurse’s aide, Jennifer, 25, law student, Solène, 20, nurse’s aide, Deborah, 26,
student, Fabrice, 37, bank employee, Ismael, 29, auditor, Etienne, 36, real estate
agent, Pascal, 33, middle-office controller, and Tom, 35, publisher.
The respondent must
score at least 25 Respect points, otherwise the brand can’t even be a Lovemark.
Unfortunately and surprisingly,
among 10 respondents, none attributed 25 Respect points to the two brands,
meaning that we couldn’t go any further into the Lovemarker model. But, we were
curious and still evaluated the sample’s opinion about Mystery, Sensuality and
Intimacy (the three characteristics measuring emotional heat of a brand). Of
course, neither Marvel nor DC Comics were assigned as Lovemarks…
Why? Either because
the studied sample is restricted or more likely because Marvel and DC Comics
are not sufficiently rooted in customers’mind.
Despite Marvel’s leadership,
both brands encounter notoriety problems and have to increase their presence in
the international market.
Still, we can draw
the conclusion that for 8 respondents, Marvel got higher Respect points than
DC. Plus, we noticed that according to Jennifer’s results, Marvel and DC Comics
got equal scores. For Tom, DC Comics scored lower than Marvel. Both results are
quite attention-grabbing considering customers are more aware and crazy about
Marvel. But after all, that is just a trend.
III/ BRAND
ASSOCIATIONS GAME
Let’s now move forward
and pay a close look at the game of brand associations. You might want to have
a look at their reactions and responses like if you were there, isn’t it?
Annnnnnd ACTION!
And you, did you know
all those Marvel and DC Comics superheroes?
In any case, brand
associations game we made raised several points:
Among the 10 people
we interviewed, no one recognized DC Comics logo. However, Jason made an interesting
remark: after consideration, he recognized the logo, but he told us that it was
not obvious for him, even though he is a great comic reader since his
childhood. But he precisely remembered the old one which was red and white.
Then, Stephanie
did not know the name of Green Lantern, but she thought it was a Marvel
character. So there is still this problem of confusion between Marvel and DC
Comics superheroes.
Four of our
respondents did not know the name of The Thing, but they knew it was a character
from Fantastic Four. It means that many people are able to make the link
between the comic/movie and the character.
We will conclude by a
point-scoring: we showed 8 pictures of each brand to the respondents. Marvel
obtained 52 good answers versus 42 for DC Comics. The leader is still the same,
but DC Comics does not lag behind as its superheroes benefits from a good
awareness.
Let’s end up with a
word cloud, resuming what we’ve studied previously:
By Wonder Elsa and
Bat Laurie-Anne
Sources:
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