This report highlights upon a brand audit for automobile giant Mazda. The brand’s several elements and building blocks have been critiqued to gain a deeper insight about the brand’s image and equity in the minds of its customers.
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Brand Management Mazda Motor Corporation
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Executive Summary Brand management is an essential aspect for any business. Effective brand management helps firms in associating with customers and building long term relationships with customers. Customers do not consider brands as simply products that they need. Instead, there are a lot of emotions and feelings associated with different brands in the minds of various customers. Brands management assists brands in generating these feelings. This report highlights upon a brand audit for automobile giant Mazda. The brand’s several elements and building blocks have been critiqued to gain a deeper insight about the brand’s image and equity in the minds of its customers.
Introduction Mazda Motor Corporation was founded in 1920 and is headquartered in Japan. At present the organization is led by a transformational leader Masamichi Kogai. The brand has earned a significant name in the automobile industry through effective manufacture and sale of passenger cars and commercial vehicles. Mazda hires over 48000 employees. Mazda has a strong brand name that is synonymous to power, speed, quality service and immense trust. Over a period of time, Mazda’s target market has significantly increased due to enhanced brand awareness. Mazda has been manufacturing and delivering automobiles in different parts of the world and hence has a massive target market that it caters to. This report aims to gain a deeper insight on Mazda as a brand. In order to achieve the same, several brand elements of Mazda have been analyzed based on the six criteria for choosing brand elements. Followed by which, brand resonance model has been created which throws light upon six important brand building blocks. The primary objective of the report is to gain a deeper insight about various facets of Mazda as a global brand. Brand management strategies are adopted by several leading brands in order to set the right positioning in the mind of their consumers. These strategies include curating creative content for their brand, enhancing awareness about the brand, making the brand responsive to customers and delivering quality products and services which exceed customer expectations. There are several elements of a brand which help the brand in gaining likability, being adaptable, transferable and increase its recall value. Mazda’s brand elements are described as below: Critique of brand elements There are six essential criteria for choosing brand elements (Heding et. al., 2015). These criteria involve memorability, meaningfulness, likability, transferability, adaptability and protectibility. The brand elements for any particular brand includes its logo, slogan, symbols, characters, names and URL. The critical assessment of these elements is as below: Logo:The logo of the brand represents a well styled first letter of the brand’s name. This shape has often been recognized as the 3D model of stretched wings placed inside an oval. The V shaped wings represent growth and improvement. The logo is meaningful and memorable. The color of the logo is also appealing. The logo is easy to understand and since the brand effectively
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places its logo across all advertising platforms, it also easy to recall. However, the design of Mazda’s logo lacks creativity when looked at from a layman’s perspective as it is simply the brand’s first alphabet written in a stylish manner. Hence a little more effort could have been invested in the designing process of the logo. The logo is protected as the brand has complete copyright on this design. Source1: Mazda Slogan:Mazda has essentially been using two important slogans “Zoom Zoom” and “Driving matters”. The slogan “Zoom Zoom” gained a lot of attention from customers across the globe. Since a long time the phrase “Zoom Zoom” has been used as a symbol of speed. Therefore the introduction of this slogan was nostalgic and hence garnered immense praise from customers. This largely increased the slogans recall. If people hear “Zoom Zoom”, they immediately think of Mazda. The slogan represents speed implying the high speed and pick up of Mazda Cars. Slogan “Driving matters” helps in throwing light upon the importance of driving.
Source2: Brands of the world The weakness of the slogan is that “Driving matters” which has been recently introduced has failed to gain the same amount of attention as “Zoom Zoom”. Unlike the previous slogan, the brand has also not introduced a song to promote this slogan. Song:Mazda also released a song “Zoom Zoom”. The song was played during all Mazda advertisements and gained immense responsiveness. The lyrics of the song have been carefully curated and are highly meaningful. Unfortunately, this is the only song that has been released by the brand which gained the tremendous level of attention. The song is well written and hence makes it easy for listeners to understand and memorize it. Songs launched by brands for advertising purposes serve to build a connection with customers. These songs also have an emotional appeal that throws light on the beauty of the Mazda experience. Mazda should introduce more such songs. Symbol:The Mazda symbol as shown below is simply the brand’s name written in a stylish font. The symbol is depicted over all advertising platforms of the brand and even on Mazda automobiles. The brand symbol should ideally be something creative and innovative which could be symbolic of something. The fact that the symbol is simple enhances its chances of recall and makes it meaningful as well as transferable but the symbol is not something entirely likable.
Source3: Car Type Magazine Names:Ahura Mazda is known as the highest spirit of worship in Zoroastrianism. Mazda stands for wisdom and aims to reflect the wise decision making strategies adopted by the firm. The name of the brand is easily recognized and recalled and is highly meaningful. Mazda’s name is easily recalled because of the brand’s high level of awareness and reach but very few people know the meaning behind the name as this has not been advertised as effectively. This lack of awareness makes it difficult for people to relate with the brand. URL:http://www.mazda.com/ This is the organization’s primary website which has been effectively designed. Proficient search engine optimization has been done for the brand and all the leading search engines generate sufficient information about the brand upon using the right keywords. These brand elements that have been defined are easily recognizable and can also be easily recalled. The logo as well as the slogan have been carefully designed. For high level of brand recall, it is important that the brand elements are meaningful (Hanna & Rowley, 2011). The logo of Mazda has been changed four times since its inception. This suggests that the marketers of the brand are flexible and adapt to the changing circumstances. The logo is designed in the manner to look like a free bird in the sky which is soaring high. This makes the logo likeable and aesthetically pleasing. Mazda has also been competently using its brand elements across all advertising platforms. “Zoom Zoom” slogan given by the brand earned a lot of attention. Children through the streets sang “Zoom Zoom” and danced on the same which suggests that the jingle was highly likeable. These brand elements are meaningful and liked by all the stakeholders.
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Brand resonance model Brand resonance model highlights or views brand building as six important building blocks or steps that take help the brand in enhancing awareness, image and equity (Keller, 2012). Source4: Brand Management Brand Salience Brand salience is the degree to which a brand is considered or thought about while customers buy products (Smith, 2011). Mazda is a strong brand and hence has a decent level of brand salience. The automobile market is highly competitive and predominantly dominated by Toyota, Honda, Maruti and Ford. But even so, it is definitely considered by customers while making their automobile purchase. The weakness in the matter is the high level of competition that exists in the industry. Mazda can improve its brand salience by offering more choices to customers. Brand Performance Brand performance relates how a particular brand relates to customer’s functional needs. This performance is a result of likeability and profitability of the brand (Luxton et. al., 2015). Mazda manufactured 1.5 million vehicles for global sales in 2015. This alone is a sign of a high brand
performance. Mazda focuses on top quality customer service, state of the art designs and high speed vehicles. Combined they lead to high brand performance. For more environment friendly customers, Mazda can introduce more options for solar cars. Brand Imagery Brand imagery throws light on the aesthetic appearance of the brand. This includes the brand’s logo, touch, taste, smell etc. (Singh, 2013). This aspect also highlights the attempts by the brand to meet the social needs of its customers. A brand’s imagery largely impacts the positioning that the customers hold. Therefore organizations tend to use their logos during all forms of advertisements, curate creative content for the brand’s promotions and ensure that the overall imagery of the brand is positive and likable. Mazda targets premium customers who are looking for high speed premium cars. The positioning of the brand is also premium which tends to meet customer’s social and psychological needs. Social media marketing of the brand can be improved. Increasing presence on Instagram and Pinterest can largely improve the brand’s imagery. Source5: Zoom Zoom Magazine
Brand Judgments Brand judgments focus on customer’s personal views and opinions regarding the brand. They vary from customer to customer (Kaur & Agrawal, 2011). Customer’s opinions towards the brand directly impact the brand’s sales as well as its positioning in the minds of its consumers. Mazda has a positive positioning in the minds of its customers and personal views of its customers are also positive. Across various social media platforms, customers have shared positive reviews about the brand and this positivity has also led to word of mouth publicity for Mazda. Brand Feelings Brand feelings are essentially customer’s emotional responses and reactions to a particular brand (Aaker & Biel, 2013). Mazda’s “zoom zoom” slogan created an immediate likeability among children. They developed positive feelings towards the brand. Mazda signifies high speed and passion for driving. Their new slogan as well as all the ads are aimed at ensuring that people feel the speed and passion for driving every time they think of Mazda. Mazda aims to instil the feelings of trust and respect in the minds of its customers through effective promotions, high responsiveness on social media platforms and quality service offered across all target markets. At present the social media responsiveness of Mazda is limited and hence customers may find it difficult to connect with the brand. Brand resonance Brand resonance refers to the degree to which customers feel that they are in sync with the brand or they feel related to the brand (Kakati & Choudhury, 2013). It is important for brands to build a connection with their customers because that is what will determine the loyalty of customers. Customers of Mazda associate with high speed cars and excellent designs. Mazda curates its advertisements and manages its positioning in the market keeping the same image in mind and hence effectively targets these customers. Specifically in the automobile sector, it is important that customers resonate with the brand since customers give a lot of thought before making the final decision about buying the product. The repeat purchases also take time owing to the relatively long life cycle of the product. Once again, owing to the high competition in the
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automobile industry, the brand’s resonance reduces as people connect better with leading brands like Toyota, Honda, Ford and Maruti. Conclusion Brand management for any organization plays a significant role in the growth of the organization. Managing a particular brand requires tremendous creativity, efficiency and tact. This report highlights upon various brand elements for the leading automobile brand Mazda. These elements have been evaluated on the basis of six critical factors that critique the success of these brand elements (Keller et. al., 2011). Brand resonance for Mazda has also been discussed in the form of building blocks that help brands in building a strong connection with customers. Mazda has a strong brand image in the minds of its consumers however the increasing competition in the industry make it difficult for the brand to build the same level of connection with its customers. Mazda’s promotional strategies are highly efficient and the brand has been able to gain a large number of customers by applying these strategies. However,Mazda must work towards enhancing its social media presence, being more responsive and curating creative content for its advertisements in order to enhance the level of brand resonance that its customers currently share with the brand. These efforts will not only help Mazda gain customer attention and loyalty but will also help the brand in gaining a competitive advantage against other players of the industry.
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