Friday, April 8, 2022

The Differences Between Product Brand and Employment Brand

 


Hello, everyone!

Welcome to my new article.

So today we are going to discuss about brand management. Brand management is essential to be understood especially if you are working on company or creating the business. Brand is something that describe your business or organizations. It is formed through few words, symbols, design, or particular signs that represent the reputation or identity of company and its product in the mind of target audience. The good brand management will create good impact for company such as the improvement of selling performance, quality, customer’s loyalty, good image, and so on.

As there are so many good impact that may be achieved by developing good brand management, it is reasonable to understand the overall concept of brand management both external and internal process. Through this blog, I will explain the types of brand management based on the academic research and hopefully will give benefits for all of the readers here.

Brand management has been studied for long times ago. However, the most update and relevant research that I will take for this blog is coming from the research by Memon & Kolachi (2012) about HR and Marketing. The research shows us the huge differences between two types of brand management. For many years ago, companies were so obsessed to create the brand management process towards the customers and external stakeholders in order to improve customer’s loyalty and selling performance. Brand management has been well known as the company’s strategy to create good image of company in customer’s mind which hopefully through this strategy the company’s product will be the first product that come up to customer’s thought when they want to buy their need.

However, lately brand management is making the evolution as many company nowadays understand the biggest impact to create good brand through internal company. it has been acknowledged that the interaction between employees and customers are crucial in building customer’s experience with product and also influencing customer satisfaction and loyalty (Salem & Iglesias, 2016) especially in service company (Sirianni, Bitner, Brown, & Mandel, 2013). Moreover, the employee has been recognized as the main part to create good image or even bad image for company. If the employee can be able to work as the brand promise, their work will bring good reputation for the company, as well as the opposite of it.

Therefore, to understand the concept of brand management we need to know the 2 types of brand management which is the internal brand management related to the employment brand, and external brand management related to product brand.

--------------------------------------------------------------------------------------

Product Brand

As we mentioned before, company’s brand can be delivered through their offering products. It is generated by developing the brand on product’s design, fiture, quality and performance, value, price, and prestige. Product brand is well known to be conducted by marketing department, supply chain management, research and development, or production department that has responsibility to deliver good product of brand. 5 elements of product brand are explained below:

1. Product features

            To gain customer’s attention, company usually will develop the features of product that can fulfill customer’s needs and wants of the product. Product features that match with customer’s expectation will indirectly bring good image for brand and shows the success of company’s brand management process towards its product

2. Innovation and design

            In the midst of huge competition of industry, every company is forced to be more innovative in serving their product due to rapid changes of customer’s behavior. The good example I think to depict this concept is related to the technology innovation. As we are currently living in technology era, more companies nowadays tend to make massive changes on their business process in order to catch up with the dynamic movement of technology. It is actually happened caused more customers have interest to reach their wants and needs using the technology as it is more faster, simple, and efficient to do. As the result, lots of companies change their distribution process in align with customer’s behavior. This situation is the example of innovation and design process within the company to create fresh and good image of their brand  

3. Value and Price

It is inevitable that customer wants to buy the thing by considering the benefits or values from it and the price they need to pay. These two aspects are crucial for products since they are directly pertinent to customer. If the product is fail to fulfill the product’s value,  customer will feel dissapointed and there is possibility they do not want to buy that product anymore. Also, if the offering price is too high and irrational for customer and marketplace, then there is also possibility that product will loss its market. If there is no market or demand for the product, then it will be easily to say the company fails on their product brand management strategy. Therefore, studying these two aspects deeply is very important to create good reputation of brand

4. Quality and Performance

These components are similar with product features however they are mostly relevant with service context. In service company, the quality and performance of their services are the perfect combination to create good brand. The company need to design what kind of quality standard they want to achieve and how they will perform it to the customer

5. Image and Prestige

The last components are relevant to create competitive advantage on products. Since there are lots of competition of the product, image and prestige will bring the differentiation of it such as the kind of packing used on the product will bring the image to the customer by looking on it. The product that used high quality of their packaging shows the dedication of company to bring the prestige on its product

-----------------------------------------------

Employment Brand

In brand management, employment brand means delivering good brand through the internal situation. The employee who has bonding with company’s brand will be able to work as what the brand promise is and create good brand through their work. Moreover, employee branding may develop free marketing process because the successful impact of this strategy naturally improve the employee’s loyalty towards the brand and as the result they are willing to explore and promote brand on their own way. The loyalty of employee can develop good brand too since the employee feel comfortable to work on the company and enjoy to respond customer’s demands.

There are so many example in nowadays when the employee of certain company do promotion of brand’s company on their own social media without any instruction. They do it because they love their company; as the result of good employment brand process. It has similar goals with product brand actually. The difference is product brand has customer as its target audience, while employment brand has employee. According to (Memon & Kolachi, 2012) there are 5 elements to create employment brand which are:

1. Work life balance

            In order to gain the heart of employee towards the brand, company need to assure the quality of work life balance. Since the employee has their own life outside of their work, company need to create the balance between both of them. There are so many ways to do it, such as the managing the working hours accurately, giving the tasks to employee based on the agreed job description, not intervening employee’s time during day off, and so on

2. Product and company brand strength

            One of the element of employment brand which similar with product brand is the brand strength. The prestige and strength of particular brand will bring the satisfaction not only for the customers but also for the employee because they know they are the part of that brand. Therefore, improving the brand strength whether to the product or brand may bring the good impact on employment brand and as the result the employee will work harder to achieve the brand values

3. Company culture and environment

Other element of employment brand is the culture. Good and comfort environment within company will bring the impact of employment brand process such as the happiness to work on the employee, good word of mouth served by the employee to external during their time working on it, the strong bonding among employees to work together in serving brand promise and so on. It is unquestionable that culture is essential part considered by the employee while working on particular company. assuring the culture and environment is the element to develop employment brand strategy that can be adopted by many companies

4. Compensation and benefit

We know that main reason the employee choose to work on company is because they desire the benefits offered based on their work, such as the wages, compensations, health insurance, commissions, and so on. These are the important thing that must be given by the company in order to appreciate the work of their employee. Not only for that, compensation and benefit will also bring indirect impact on employment brand because the employee will feel the company appreciate their work and it can improve their work satisfaction.

-------------------------------

Therefore, based on the explanation above several points we can conclude about 2 types of brand management are following :

1. Brand management basically can be divided to two types : product brand and employment brand

2. Product brand is conducted on marketing department with customer as the target audience

3. Employment brand is managed on human resource department with employee as the target audience

4. Both of these types are important to create good brand either for company or product

----------------------

I hope this article may bring benefits to all my readers. Thank you to reading this article. 

Stay safe and happy :)


_Author: Riska Dwinda Elsyah


References

 Memon, M. A., & Kolachi, N. A. (2012). Towards Employee Branding: a Nexus of Hr & Marketing. Interdisciplinary Journal of Contemporary Research in Business, 46–61.

Salem, F., & Iglesias, O. (2016). Article information:Mapping the domain of the fragmented field of internal branding Introduction. Journal of Product & Brand Management, 25(1).

Sirianni, N. J., Bitner, M. J., Brown, S. W., & Mandel, N. (2013). Branded service encounters: Strategically aligning employee behavior with the brand positioning. Journal of Marketing. https://doi.org/10.1509/jm.11.0485

Elsyah, Riska Dwinda. (2020). Analisis Strategi Employee-Brand Community Activity Terhadap Aktivitas Internal Branding. Repository Bakrie University.

0 Comments

Post a Comment