| Build employer brand equity |
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| Written by EBO Editor |
| Thursday, 27 January 2011 16:52 |
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A company has one brand and the art and science of employer branding provides a focus for the role of the ‘employee’ in building brand equity. In addressing the challenge of measuring the ROI of your employer brand strategy, your approach can be informed by previous research in marketing, specifically in the area of brand image and brand equity. Brand associations are the determinants of brand image. Keller defines brand image as an amalgamation of the perceptions related to the product related/non product related attributes and the functional/symbolic benefits that are encompassed in the brand associations that reside in consumer memory. Marketing literature supports the concept that product brand equity is strengthened when the brand image resonates with the consumer. As brand awareness heightens, consumers begin to develop positive identification with the brand. The more positive the brand is perceived to be, the more highly identified the consumer becomes with the product.
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