Академический Документы
Профессиональный Документы
Культура Документы
Course Times/Places
Class Meetings: Tuesday and Thursday 2:00 – 3:30
CBA 4.348
Required Readings
Optional Reading
Kevin Lane Keller, Strategic Brand Management, Prentice-Hall, 2003, 2ed.
Course Objectives
More and more firms of all types have come to the realization that one of the most
valuable assets they have is the brand names associated with their products or services.
Despite this recognition, very little attention has been paid to the subject in management
education. To address this oversight, Brand Management is an advanced elective that
addresses important branding decisions faced by an organization. Its basic objectives are:
1) to increase understanding of the important issues in planning and evaluating brand
strategies; 2) to provide the appropriate theories, models, and other tools to make better
branding decisions; and 3) to provide a forum for students to apply these principles.
Specifically, we will cover:
• building customers’ brand knowledge
• generating brand identities and value propositions
• using the marketing mix to effectively deliver the brand to the marketplace
• measuring brand equity
• creating a comprehensive and effective brand architecture
• managing brands over time
Course Philosophy
My basic teaching philosophy for this course is to blend the theory and practice of
product and brand management in a comfortable, supportive classroom environment that
promotes active learning. A good theory is invaluable because it structures problems and
suggests possible solutions. My view is that the most critically important
consideration in branding is understanding the customer; hence many theories
covered will be from a consumer behavior perspective.
Branding is both an art and a science. Thus, few branding situations have a definitive,
unqualified answer as to the “best” marketing programs. Yet, my belief is that by
providing you with relevant and comprehensive theories, and all the accompanying ideas,
concepts, mechanisms, and models that go along with that, you can make more informed
decisions that will have a greater probability of success.
The course readings and activities are designed to help blend theory and practice. The
readings will cover the basic concepts and theoretical frameworks as well as provide
current thinking on key topics. Cases will allow us to apply these theories to real
marketing problems.
Individual:
♦ Case Analyses 60 points (15%)
♦ Exam 1 100 points (25%)
♦ Exam 2 100 points (25%)
♦ Course Participation 40 points (10%)
Team:
♦ Brand Audit Project 100 points (25%)
The grading scale is A = 90% and above, B = 80-89%, C = 70-79%, D = 60-69%, and
F = less than 60%.
A two-page recommendation for each case analysis is due at the beginning of class. Case
analyses are due for Land Rover, H-E-B Own Brands, and Procter & Gamble (A).
Each case is worth 30 points. Your top 2 out of 3 cases will be applied towards your final
grade. The first page is a single-spaced (1” margins, 12-point type) written case
recommendation. The second page is an appendix page of supporting evidence and
analyses. Case analyses are an individual assignment and should be worked on
independently (i.e., no discussion with a classmate). See Appendix A for case analysis
decisions and class discussion questions.
1) Your recommendation needs to be very tightly argued. You may use “bullet”
point form for part of your argument. However, be careful not to be too cryptic.
2) Do not simply restate data from the case. The CEO is already familiar with the
business!
3) On the other hand, take every opportunity to support your arguments with case
data. Ask yourself, “Is there any objection the boss could raise that I have not
already overcome?” Then do your best to overcome it.
4) Provide supporting evidence from analysis of case data (include in appendix)
Don’t just “eyeball” the exhibits to see whether sales have increased, be
prepared to “crunch the numbers” and say by how much.
The objective of Exam 1 is to summarize your learning in the course and allow you to
demonstrate your ability to independently apply the frameworks and constructs we’ve
discussed to specific problems. The in-class exam on March 2 will be a combination of
multiple choice and short answer questions applying frameworks and constructs to real-
world brand situations.
In-Class Participation. You should be thoroughly prepared to discuss the readings and
cases for each class session. Each day when class begins, several students may be
selected at random to lead discussion of readings.
Class participation is evaluated on the quality of your participation and its contribution to
improving the learning experience of the class. Note that quality is not necessarily a
function of quantity. Quality is assessed by preparation, argument strength (well-
supported points), and the extent to which the entire class benefited from your comments.
Many people are intimidated by the "obligation" of speaking up in class. Don't be. Your
anxiety will be reduced only through practice! Getting comfortable with public speaking
will give you a HUGE career advantage. Here's the secret to cutting your stress level - BE
PREPARED. Your class participation grade is weighted heavily in favor of quality over
quantity.
Bug me with things you don't understand. Contact me for clarification on confusing
topics. Not only will this let me know of your sincere interest in the course, but it will
actually increase your chances of a good grade on the written work.
Students will self-select a team consisting of 5 members for the brand audit project. The
goal of the brand audit is to have students conduct an in-depth examination of a major
brand of their choosing and suggest ways to improve and leverage that brand equity.
Select a brand undergoing a challenge regarding its brand architecture, brand portfolio,
brand extension, or brand revitalization. Every team must study a different brand. A
good source of possible brands is Interbrand list (“Best Global Brands,” March 21
readings).
See Appendix B for details on Brand Audit Project & Brand Audit Worksheets.
Conduct
Electronics Policy. Laptops, PDAs, and cellphones are not allowed to be in use
during class. This policy facilitates class engagement and participation. Also, all cell
phones must be turned off. If your cell phone rings during class, you will be asked to
leave the classroom.
Policy on Scholastic Dishonesty: The McCombs School of Business has no tolerance for
acts of scholastic dishonesty. Everyone should purchase their own copy of course
packet at UT Co-Op to avoid any improprieties and copyright infringement. The
responsibilities of both students and faculty with regard to scholastic dishonesty are
described in detail in the Policy Statement on Scholastic Dishonesty for the McCombs
School of Business.
By teaching this course, I have agreed to observe all of the faculty responsibilities described in that
document. By enrolling in this class, you have agreed to observe all of the student responsibilities
described in that document. If the application of that Policy Statement to this class and its assignments is
unclear in any way, it is your responsibility to ask me for clarification. Policy on Scholastic Dishonesty:
Students who violate University rules on scholastic dishonesty are subject to disciplinary penalties,
including the possibility of failure in the course an/or dismissal from the University. Since dishonesty
harms the individual, all students, and the integrity of the University, policies on scholastic dishonesty will
be strictly enforced. You should refer to the Student Judicial Services website at
http:/deanofstudents.utexas.edu/sjs or the General Information Catalog to access the official University
policies and procedures on scholastic dishonesty as well as further elaboration on what constitutes
scholastic dishonesty.
Class Web Sites and Student Privacy. A useful feature in Blackboard is a class e-mail
roster that is available to both the instructor and the students in a class. While this
electronic class roster can facilitate collaboration it also raises some privacy concerns.
Below is the University’s policy on this matter:
Password-protected class sites will be available for all accredited courses taught at The
University. Syllabi, handouts, assignments and other resources are types of information that may be
available within these sites. Site activities could include exchanging e-mail, engaging in class discussions
and chats, and exchanging files. In addition, class e-mail rosters will be a component of the sites. Students
who do not want their names included in these electronic class rosters must restrict their directory
information in the Office of the Registrar, Main Building, Room 1. For information on restricting directory
information see: http://www.utexas.edu/student/registrar/catalogs/gi04-05/app/appc09.html.
Special Needs. The University of Texas at Austin provides upon request appropriate
academic accommodations for qualified students with disabilities. For more information,
contact the Office of the Dean of Students at 471-6259, 471-4641 TTY.
MKT 372 Brand Management
Spring 2006 Course Readings Packet
Prof. Broniarczyk
Jan. 17 T Intro
Jan. 26 Th Positioning
Jan. 31 1 T Positioning
Case: Land Rover North America
(Harvard Business School 5-597-043)
Guest Speaker: Karen Landolt, J.D., Pre-Law & BHP Career Advisor
“Brand Killers”
By Matthew Boyle, Fortune, August 11, 2003, v148, p.88
Best Buy Initiates A Battle of the Brands”
By John Spooner, CNet News, October 4, 2004
(Available on Blackboard)
Feb. 16 Th Pricing
“Brand Confusion”
By Kevin J. Clancy and Jack Trout, Harvard Business Review
(Available on Blackboard)
March 2 Th Exam 1
SPRING BREAK
“Global Brands”
Business Week, August 1, 2005, pp. 86-89.
“Breakaway Brands”
By Al Ehrbar, Fortune, October 31, 2005, 153-170.
“Retailers’ Appetite for Top Sellers Has Food Firms Slimming Down”
By Sarah Ellison, Wall Street Journal, October 28, 2004, A1
“Extreme Makeover”
Robert Berner, Business Week, November 1, 2004
April 18 T TBA
April 20 Th Exam II
April 27 Th Presentations
May 2 T Presentations
May 4 Th Presentations
Case Analysis: Evaluate Coke’s brand equity (prior to launch of New Coke) in terms of
Keller’s CBBE pyramid. Defend either:
Reflection:
1) What is Coke’s brand meaning?
2) How was Coke’s brand meaning created?
3) Did Coke properly respond to Pepsi Challenge?
4) What roles do brands play in consumers’ lives?
5) Who owns the brand?
Land Rover North America, Inc ***Individual Case Analysis Due Jan. 31***
Case Analysis: Write 3 positioning statements for U.S. Land Rover Discovery:
1) Definitive Family 4 X 4
2) Evolved Land Rover
3) Dual Positioning: Family 4X4 + Evolved Land Rover
Recommend the best positioning for Land Rover. Defend your positioning.
Reflection:
1) Why do people buy SUVs? How do subjective perceptions differ from objective
perceptions?
2) Who is the typical SUV target consumer? Is this changing?
3) What are the differences among competitive SUV offerings?
4) What are the perceptions of Land Rover among US consumers?
5) Is a dual positioning effective in short-term? sustainable in long-term?
HEB Own Brands ***Individual Case Analysis Due Feb.21***
Case Analysis: Assume you were the H-E-B executive in charge of the initial
launch of H-E-B Own Brands in the bottled water category.
Recommend a positioning and pricing strategy for H-E-B own
brands in the bottled water category. Justify your answer.
OPTION A: Two (2) Own Brands (Glacia and Hill Country Fare)
OPTION B: One (1) Own Brand (Glacia or Hill Country Fare)
Reflection:
1) How has the introduction of Glacia affected H-E-B profits in the bottled water
category?
2) Should H-E-B introduce a Hill Country Fare brand of bottled water? If so,
recommend a positioning and pricing strategy for HCF relative to Glacia.
3) What is the role of H-E-B and Hill Country Fare as Own Brands labels? How
should these be positioned and priced respective to other national brands in
category? How should they respond to competitive price promotions?
4) What is the role of Own Brands in H-E-B’s overall corporate strategy? What is its
role as a strategic lever versus retailers? Versus Wal-Mart?
Reflection:
1) What are the brand drivers for Habitat for Humanity?
3) Do you agree with Interbrand’s $1.8 Billion valuation of Habitat for Humanity
International?
Procter & Gamble Company (A) ***Individual Case Analysis Due April 6***
Case Analysis: Defend the following recommendation regarding H-80 to Chris White:
Provide a list of team members. Identify the top 3 brands chosen by your team for
the brand audit project. For each brand, identify 2 important challenges facing the
brand (provide 2 footnote references for each challenge).
Worksheet #3: Marketing Programs and CBBE Pyramid (DUE: March 28)
Worksheet #3 consists of two parts.
1) Analyze the firm’s branding and marketing programs. How do they contribute
to brand knowledge?
i) Analyze the brand graphics (logos, names, packages).
ii) Analyze the brand’s past and current advertising campaigns.
iii) Analyze the brand’s product, promotions, distribution, and pricing.
The final report consists of a brand inventory, brand exploratory and provides
recommendations concerning how to build and manage equity for the brand
chosen. Your written summary should not exceed 20 double-spaced typed pages,
plus a one-page executive summary, appendices as necessary, and complete
references (1” margins, 12-point type). The final report is due the last class day,
May 4.
5. Recommendations (4 pages)
Make 3-4 recommendations to the brand concerning how the brand should be
managed over the next 5 years by critically analyzing the brand inventory and brand
exploratory. Your recommendations need to be supported by data from your brand
inventory and brand exploratory.
Each team will present their brand audit to the class in 20 minute presentations + 5
minutes of Q&A on April 27, May 2, and May 4. Such a short time prohibits a
comprehensive coverage of the brand audit contained in the final report. Identify and
present the key points of the brand inventory and brand exploratory that are relevant to
your recommendations. Dress is business casual. E-mail me a copy of the presentation
slides the day BEFORE your scheduled presentation.