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Chapter 3



• Brand Planning




             Ch-03 Brand Planning
What is Brand Planning
• A brand plan is developed which states
  brand objectives and specifies the
  strategies to achieve these objectives
• Brand planning provides a vision
• Brand planning considers external as well
  as internal factor responsible for brand
  success.


                    Ch-03 Brand Planning
Factors impeding successful
              brands
• Mores emphasis on sales promotion
• Limited innovations
• Lack of profitability analysis
• Brand budget is erratic and is cut
  drastically
• Marketing manager does not delegate
  responsibility


                   Ch-03 Brand Planning
Factors affecting brand potential


    Manufacturer                               Distributor



                   Brand Potential




 Marketing
                   Competitor                  Consumer
Environment




                        Ch-03 Brand Planning
Brand Strategy through matrix

 High

                                       Octavia
       Price




                                   Indica V2
                     Maruti 800



 low

               low         Product Category    High


                                   Ch-03 Brand Planning
Brand Strategy
1. Understand what our existing brand
   stands for
2. Company must have a corporate plan
3. We should be clear about what we want
   the brand to mean and convey




                   Ch-03 Brand Planning
Service Brand Strategy
1.   Vision
2.   Competitiveness
3.   Technology
4.   Top Management
5.   Consumer focus




                   Ch-03 Brand Planning
Point of distinction in FMCG and
        service marketing
•   Product differentiation
•   Brand differentiation
•   Consumer motivation
•   Brand strength
•   Product benefits




                       Ch-03 Brand Planning
Brand Share & Branding
             Strategy
• Brand share indicated how far the brand
  satisfies the consumer needs
• Active brand share is given by the consumers
  actively competed for and won.
• Brand loyal customers continue patronizing it
• Brand switchers fall prey to competitor's brand




                       Ch-03 Brand Planning
Brand Share & Branding
            Strategy
• Apathetic feel the brand falls short of fully
  satisfying their needs
• Doubters have tried the brand but their
  next buy would be another brand
• Passive brand share is another
  component of brand share consisting of
  customer intending to buy our brand


                      Ch-03 Brand Planning
Brand Planning as functionality
1. Functional attributes such as
   performance, taste, reliability etc.
2. Expressional attributes such as status,
   mood, consumer's personality.
3. Brands can have both functionality and
   representationality e.g. Mercedes Cars



                    Ch-03 Brand Planning
Brand Life Cycle
•   Introduction
•   Growth
•   Maturity
•   Decline




                   Ch-03 Brand Planning
New brand is influenced by…
•   Functional performance
•   Positioning
•   Name
•   Price
•   distribution




                     Ch-03 Brand Planning
Brand Strategy Decisions
•   Line Extensions
•   Brand Extensions
•   Multiple brands
•   New brands




                       Ch-03 Brand Planning
Brand Strategy Decisions
                    Existing                New



                                     Brand
                  Line
Existing                              Extensions
                   Extensions
     Brand Name




                    Multiple
                    Brands            New Brands
  New

                               Product Category

                                     Ch-03 Brand Planning
Summary
• A brand plan is developed which states
  brand objectives and specifies the
  strategies to achieve these objectives
• Brand share indicated how far the brand
  satisfies the consumer needs
• Brands can have both functionality and
  representationality e.g. Mercedes Cars


                    Ch-03 Brand Planning
Summary
• Brand passes through different phases of
  life cycle namely, introduction, growth,
  maturity and decline
• New brand is influenced by functional
  performance, positioning, name, price and
  distribution.




                    Ch-03 Brand Planning
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Brand Planning

  • 1. Chapter 3 • Brand Planning Ch-03 Brand Planning
  • 2. What is Brand Planning • A brand plan is developed which states brand objectives and specifies the strategies to achieve these objectives • Brand planning provides a vision • Brand planning considers external as well as internal factor responsible for brand success. Ch-03 Brand Planning
  • 3. Factors impeding successful brands • Mores emphasis on sales promotion • Limited innovations • Lack of profitability analysis • Brand budget is erratic and is cut drastically • Marketing manager does not delegate responsibility Ch-03 Brand Planning
  • 4. Factors affecting brand potential Manufacturer Distributor Brand Potential Marketing Competitor Consumer Environment Ch-03 Brand Planning
  • 5. Brand Strategy through matrix High Octavia Price Indica V2 Maruti 800 low low Product Category High Ch-03 Brand Planning
  • 6. Brand Strategy 1. Understand what our existing brand stands for 2. Company must have a corporate plan 3. We should be clear about what we want the brand to mean and convey Ch-03 Brand Planning
  • 7. Service Brand Strategy 1. Vision 2. Competitiveness 3. Technology 4. Top Management 5. Consumer focus Ch-03 Brand Planning
  • 8. Point of distinction in FMCG and service marketing • Product differentiation • Brand differentiation • Consumer motivation • Brand strength • Product benefits Ch-03 Brand Planning
  • 9. Brand Share & Branding Strategy • Brand share indicated how far the brand satisfies the consumer needs • Active brand share is given by the consumers actively competed for and won. • Brand loyal customers continue patronizing it • Brand switchers fall prey to competitor's brand Ch-03 Brand Planning
  • 10. Brand Share & Branding Strategy • Apathetic feel the brand falls short of fully satisfying their needs • Doubters have tried the brand but their next buy would be another brand • Passive brand share is another component of brand share consisting of customer intending to buy our brand Ch-03 Brand Planning
  • 11. Brand Planning as functionality 1. Functional attributes such as performance, taste, reliability etc. 2. Expressional attributes such as status, mood, consumer's personality. 3. Brands can have both functionality and representationality e.g. Mercedes Cars Ch-03 Brand Planning
  • 12. Brand Life Cycle • Introduction • Growth • Maturity • Decline Ch-03 Brand Planning
  • 13. New brand is influenced by… • Functional performance • Positioning • Name • Price • distribution Ch-03 Brand Planning
  • 14. Brand Strategy Decisions • Line Extensions • Brand Extensions • Multiple brands • New brands Ch-03 Brand Planning
  • 15. Brand Strategy Decisions Existing New Brand Line Existing Extensions Extensions Brand Name Multiple Brands New Brands New Product Category Ch-03 Brand Planning
  • 16. Summary • A brand plan is developed which states brand objectives and specifies the strategies to achieve these objectives • Brand share indicated how far the brand satisfies the consumer needs • Brands can have both functionality and representationality e.g. Mercedes Cars Ch-03 Brand Planning
  • 17. Summary • Brand passes through different phases of life cycle namely, introduction, growth, maturity and decline • New brand is influenced by functional performance, positioning, name, price and distribution. Ch-03 Brand Planning
  • 18. “Like” us on Facebook:  p // / http://www.facebook.com/welearnindia  “Follow” us on Twitter: http://twitter.com/WeLearnIndia http://twitter com/WeLearnIndia Watch informative videos on Youtube:  http://www.youtube.com/WelingkarDLP