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2nd Session
Physical good
Service
Retail Store
Person
Organization
Place
Idea
PRODUCT vs. BRAND
Kotler’s five level of Product
What is a Brand?
A slogan?
A typeface?
An image?
A logo?
A sound and A jingle?
personality?
Product = Commodity
Brand = Mindset
What is a Brand?
Derivation
Old Norse “brandr” = to burn
branding livestock
Heritage
A means to distinguish goods from one
producer vs.another.
Keller’s Definition
A product, but one that adds other
dimensions that differentiate it in some way
from other products designed to satisfy the
same need.
Rational and tangible
Symbolic, emotional and intangible
The psychological response to a brand can
be as important as the physiological
response.
Brand is the game of mind
Exists only in the minds of the consumer.
Both functional and emotional.
Must represents something
The art and science of creating “mind space”
and shelf space.
What consists a brand
Relative Brand Distinction
The more distinctive or different a brand is in the
consumers “mind set”, the stronger brand
preference becomes. This is critical to keeping
competition from the consumer’s consideration
Inclusion
Membership in a “club”
User communities
Authority
Trust to provide value to us
Higher Purpose
Social relevance
Clarity
Clear choices, does the thinking for us
Homework, homework!
What is brand identity?
What consist a brand identity?
Pick a brand of your choice, and analyze its
identity. Let us know if whether you think the
brand has a strong/weak identity, and tell us
your reason.
Thank you!