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
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
12. Challenges
Growth of private labels
Increasing trade power
High cost of product introduction & support
Media fragmentation - High promotional
expenditure
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