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Topic
Essential elements for brand storytelling and the use of social media as a
channel for brand storytelling
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BRAND NAMES, PRODUCT NAMES, BOOK TITLES & TAGLINES THAT HEL
P YOU STAND OUT FROM THE CROWD
With so much that storytelling does for the brand and the business it is
important to study its impact and what has an impact on it. As part of our
brand management it only justifies us to study an important aspect in the
creation of the most iconic brands.
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Literature Review
Brand Experience: What is it? How is it measured? Does it affect
loyalty?
J. Joko Brakus, Bernd H. Schmitt, & Lia Zarantonello (2009).
Brakus et al. (2009) distinguished several experience dimensioned and
constructed a brand experience scale with four dimensions: affective,
behavioral, intellectual and sensory. Through six studies, the authors show
that the scale is valid and reliable. The results showed that there are
different affects of brand- experience and personality on loyalty and
satisfaction.
Furthermore,
the
results
revealed
that
direct
affect
of
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antecedents
and
consequence
of
brand
sacralization.
based
brand
equitys
conceptualization
and
measurement.
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concludes with directions for future research and managerial pointers for
setting up a brand equity measurement system.
Veronica Liljander,
Johanna Gummerus
and
Allard van
Riel/2013
Stories fascinate people and are often more easily remembered than facts.
Much has been written about the power of stories in branding, but very little
empirical evidence exists of their effects on consumer responses. In the
present study, we investigate how a firm-originated story influences
consumers brand experience, by comparing the brand experiences of two
groups of consumers. One group was exposed to the story and one group
was not. An existing brand was used in the study, which had not been
launched in the focal country. In-depth interviews were conducted with
individuals in the two experimental conditions. The comparison revealed
remarkable differences between the two groups. Consumers who were
exposed to the story described the brand in much more positive terms and
were willing to pay more for the product. The study contributes to brand
management research and practice by demonstrating the power of
storytelling on consumer experiences. The results are also important from a
managerial point of view. They demonstrate how brand stories can be used
to create and reinforce positive brand associations. A review of past research
in combination with the findings demonstrates that more research is needed
on the effect of stories on consumer brand responses.
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Research Objectives
The Research objectives are broadly as follows
The purpose of this research is to analyze the overall impact of storytelling
on the tangible and intangible aspects of brand value. How brand experience
and brand value correlate. Also to understand what the impact of brand
storytelling and brand experience on the brands perceived image.
How brand storytelling impacts the perceived brand image
Does brand experience impact brand value positively or negatively
Hypothesis Development
1. Does brand storytelling impact the perceived brand image?
2. Is social media an effective tool for brand storytelling?
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Deductive
Approach
Descriptive
Research
Online
Survey
Questionnai
re
Data
Analysis
and
Inferences
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Questionnaire
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Analysis of Hypothesis 1
Brand storytelling positively impacts the perceived brand
image
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This shows how the history, innovation & awareness of the customer
loyalty of Apple as a brand has helped build the Apple brand through
unintended story telling
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last
question
explores
how
different
kinds
of
marketing
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Analysis of Hypothesis 2
Brand value is positively correlated with brand experience
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Conclusion
Brand storytelling positively impacts the perceived brand
image
Unintended brand story telling can also positively impact brand
image as in the case of Apple
Brands in the same industry can build their brand image using
brand storytelling as part of its marketing communication
Brand storytelling that uses an emotional connect better impacts
brand image
Brand storytelling can, in some cases and to some extent,
overpower brand recall
Brand value is positively correlated with brand experience
Recommendations
Brand storytelling is a powerful tool in creating brand image and
should be used by companies to create an emotional connect with the
consumers
Brand experience also positively impacts brand value and hence
companies should focus on creating an experience around their brand
to increase perceived value of the brand
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Limitations
o Small sample set due to paucity of time
o Quantitative methods and statistical tools could be used for future
research by testing with a large sample size
o Bias could have occurred due to male female ratio
Future Scope
Future research can be done by segregating consumers on a
demographic and psychographic basis like region, income etc
Further understanding and impact of digital elements in storytelling
References
1. The
Brand
story,
Accessed
on
25 th
September,
2015
http://thestoryoftelling.com/brand-story-services/
2. What is brand storytelling, by Deborah Shane, Accessed on 25th
September
2015:
http://smallbiztrends.com/2015/05/what-is-brand-
storytelling.html
3. Why storytelling matters: A data driven answer, by Jasmine Henry,
Accessed
on
25th
September
2015:
http://writtent.com/blog/storytelling-matters-data-driven-explanation/
4. Using storytelling to strengthen your brand, By J-P De Clerck, Accessed
on 25th September 2015: http://www.i-scoop.eu/using-storytellingstrengthen-brand/
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