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Introduction
Definition
Brand is a name, term, sign, symbol or design
or a combination of them intended to identify
goods and services of one seller or a group
of sellers and to differentiate them from
competition”
American Marketing Association
Definition
 Brandr – “ to burn” – branding at ranches
Brand vs. Products
Kotler’s definition
 Core Benefit
 Generic Product
 Expected Product
 Augmented Product
 Potential Product
Brand:
Product + or - perceived
differentiator
 Rational & Tangible
 Performance based
 Symbolic, emotional
Brand = Product + customer
perception +performance + brand
name + company
What then is a Brand?
Attributes Benefits Values
Culture
User
Personality
What can be Branded
 Physical goods – Kellogg's, Sony, Coca-Cola
 Services – IBM, Amex, Hilton, Fedex
 Retailers & Distributors – Wal-Mart, Target
 Online Products & Services – Facebook, Twitter,
Amazon, Google
 People –Film Stars, Sports legends
 Art & Entertainment – National Geographic,,
Movie sequels ( Star Wars, Harry Potter),
 Clubs- Manchester United, IPL Teams
 Geographic locations – Kerala, Goa, Paris,
Thailand, Turkey, Malaysia
InterBrands - Top 10 – 2011
Rank
2011
Rank
2010
Brand Sector Country
Brand
Value
($m)
Change in
Brand Value
1 1 Beverages USA 71,861 2%
2 3
Business
Services
USA 69,905 8%
3 2 Software USA 59,087 -3%
4 4 Internet USA 55,317 27%
5 5 Diversified USA 42,808 0%
6 8 Restaurant USA 35,593 6%
7 5 Electronics USA 35,217 10%
8 17 Electronics USA 33,492 58%
9 9 Media USA 29,018 1%
10 10 Electronics USA 28,479 6%
Rank
2012
Rank
2011
Brand Sector Country
Brand
Value
($m)
Change in
Brand
Value
1 1 Beverages USA 77,839 8%
2 8 Electronics USA 76,568 129%
3 2
Business
Services
USA 75,532 8%
4 4 Internet USA 69,726 26%
5 3 Software USA 57,853 -2%
6 5 Diversified USA 43,682 2%
7 6 Restaurant USA 40,062 13%
8 7 Electronics USA 39,385 12%
9 17 Electronics Korea 32,893 40%
10 11
Automobiles USA 30,097 10%
InterBrand - Top 10 – 2012
Roles that Brands Play
For Consumers
 Identification of source of product
 Assignment of responsibility to product maker
 Risk reducer
 Promise, bond
 Signal of quality
Roles that Brands Play
For Manufacturers
 Means of identification to simplify handling &
tracing
 Legal protection of unique features
 Signal of quality
 USP & Competitive advantage
 Source of Financial returns
Challenges
 Savvy customers
 Brand proliferation -Complex brand portfolios
& families
 Maturing markets
 Increasing competition
 Decreasing brand loyalty
Challenges
 Growth of private labels
 Increasing trade power
 High cost of product introduction & support
 Media fragmentation - High promotional
expenditure
Advantages
 Greater loyalty
 Higher margins
 Licensing opportunities
 Brand extension opportunities
 Less vulnerable to competitive marketing
actions
Good Brand
Easy
to remember
Easy
to Recognize
Suggest
Product
Benefits
Distinguish
product
positioning
relative to competition
Easy
to pronounce
Attract
Attention
Legally
protective
Suggest
Company or
Product image
Types of Brand
 Premium brand typically costs more than
other products in the category
 Economy brand is targeted to a high price
elastic market segment
 Fighting brand is created specifically to
counter a competitive threat
Branding
 Corporate Branding- company’s name is
used as a product brand name
 Family Branding when one brand name is
used for several related products
 Brand leveraging when a company uses
brand equity associated with an existing
brand name to launch a new product or
product line
Branding
 Co-branding when 2 or more brands work
together to market their products
 Brand Licensing when a company sells the
rights to use their brand name to another
company for use in another geographic area
 Private Branding when large retailers buy
products from manufacturers in bulk and put
their own brand name on them
Brand Rationalization
 Create a separate product or service for each
target market
 Gain production & marketing efficiencies
 Part of corporate restructuring
Mass Niche
Strategic Brand Management
Process
Design and implementation of Mktg.
programs to build, measure and
manage brand equity
Steps
1. Identify & establish brand positioning &
values
2. Planning & implementing brand marketing
programs
3. Measuring & Interpreting Brand
performance
4. Growing & sustaining brand equity
Strategic Brand Management
1. Identify & establish
brand positioning &
values
 Mental Maps
 Competitive frame of
reference
 Points of parity and
Points of difference
 Core brand Values
 Brand Mantra
Strategic Brand Management
2. Planning &
implementing brand
marketing programs
 Mixing and matching of
brand elements
 Integrated brand
marketing activities
 Leverage of secondary
association
Strategic Brand Management
3. Measuring &
Interpreting Brand
performance
 Brand Value chain
 Brand audits
 Brand Tracking
 Brand Equity
Management System
Strategic Brand Management
4. Growing & sustaining
brand equity
 Brand-product mix
 Brand Portfolios and
hierarchies
 Brand expansion
Strategies
 Brand reinforcement
and revitalization

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Introduction to brand rg

  • 2. Definition Brand is a name, term, sign, symbol or design or a combination of them intended to identify goods and services of one seller or a group of sellers and to differentiate them from competition” American Marketing Association
  • 3. Definition  Brandr – “ to burn” – branding at ranches
  • 4. Brand vs. Products Kotler’s definition  Core Benefit  Generic Product  Expected Product  Augmented Product  Potential Product Brand: Product + or - perceived differentiator  Rational & Tangible  Performance based  Symbolic, emotional Brand = Product + customer perception +performance + brand name + company
  • 5. What then is a Brand? Attributes Benefits Values Culture User Personality
  • 6. What can be Branded  Physical goods – Kellogg's, Sony, Coca-Cola  Services – IBM, Amex, Hilton, Fedex  Retailers & Distributors – Wal-Mart, Target  Online Products & Services – Facebook, Twitter, Amazon, Google  People –Film Stars, Sports legends  Art & Entertainment – National Geographic,, Movie sequels ( Star Wars, Harry Potter),  Clubs- Manchester United, IPL Teams  Geographic locations – Kerala, Goa, Paris, Thailand, Turkey, Malaysia
  • 7. InterBrands - Top 10 – 2011 Rank 2011 Rank 2010 Brand Sector Country Brand Value ($m) Change in Brand Value 1 1 Beverages USA 71,861 2% 2 3 Business Services USA 69,905 8% 3 2 Software USA 59,087 -3% 4 4 Internet USA 55,317 27% 5 5 Diversified USA 42,808 0% 6 8 Restaurant USA 35,593 6% 7 5 Electronics USA 35,217 10% 8 17 Electronics USA 33,492 58% 9 9 Media USA 29,018 1% 10 10 Electronics USA 28,479 6%
  • 8. Rank 2012 Rank 2011 Brand Sector Country Brand Value ($m) Change in Brand Value 1 1 Beverages USA 77,839 8% 2 8 Electronics USA 76,568 129% 3 2 Business Services USA 75,532 8% 4 4 Internet USA 69,726 26% 5 3 Software USA 57,853 -2% 6 5 Diversified USA 43,682 2% 7 6 Restaurant USA 40,062 13% 8 7 Electronics USA 39,385 12% 9 17 Electronics Korea 32,893 40% 10 11 Automobiles USA 30,097 10% InterBrand - Top 10 – 2012
  • 9. Roles that Brands Play For Consumers  Identification of source of product  Assignment of responsibility to product maker  Risk reducer  Promise, bond  Signal of quality
  • 10. Roles that Brands Play For Manufacturers  Means of identification to simplify handling & tracing  Legal protection of unique features  Signal of quality  USP & Competitive advantage  Source of Financial returns
  • 11. Challenges  Savvy customers  Brand proliferation -Complex brand portfolios & families  Maturing markets  Increasing competition  Decreasing brand loyalty
  • 12. Challenges  Growth of private labels  Increasing trade power  High cost of product introduction & support  Media fragmentation - High promotional expenditure
  • 13. Advantages  Greater loyalty  Higher margins  Licensing opportunities  Brand extension opportunities  Less vulnerable to competitive marketing actions
  • 14. Good Brand Easy to remember Easy to Recognize Suggest Product Benefits Distinguish product positioning relative to competition Easy to pronounce Attract Attention Legally protective Suggest Company or Product image
  • 15. Types of Brand  Premium brand typically costs more than other products in the category  Economy brand is targeted to a high price elastic market segment  Fighting brand is created specifically to counter a competitive threat
  • 16. Branding  Corporate Branding- company’s name is used as a product brand name  Family Branding when one brand name is used for several related products  Brand leveraging when a company uses brand equity associated with an existing brand name to launch a new product or product line
  • 17. Branding  Co-branding when 2 or more brands work together to market their products  Brand Licensing when a company sells the rights to use their brand name to another company for use in another geographic area  Private Branding when large retailers buy products from manufacturers in bulk and put their own brand name on them
  • 18. Brand Rationalization  Create a separate product or service for each target market  Gain production & marketing efficiencies  Part of corporate restructuring Mass Niche
  • 19. Strategic Brand Management Process Design and implementation of Mktg. programs to build, measure and manage brand equity
  • 20. Steps 1. Identify & establish brand positioning & values 2. Planning & implementing brand marketing programs 3. Measuring & Interpreting Brand performance 4. Growing & sustaining brand equity
  • 21. Strategic Brand Management 1. Identify & establish brand positioning & values  Mental Maps  Competitive frame of reference  Points of parity and Points of difference  Core brand Values  Brand Mantra
  • 22. Strategic Brand Management 2. Planning & implementing brand marketing programs  Mixing and matching of brand elements  Integrated brand marketing activities  Leverage of secondary association
  • 23. Strategic Brand Management 3. Measuring & Interpreting Brand performance  Brand Value chain  Brand audits  Brand Tracking  Brand Equity Management System
  • 24. Strategic Brand Management 4. Growing & sustaining brand equity  Brand-product mix  Brand Portfolios and hierarchies  Brand expansion Strategies  Brand reinforcement and revitalization