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•ABHINAV SRIVASTAVA
Contents
• Brand
• Levels of branding
• Concept of Brand
• Brand Management
• Evolution of Brand
• Uses of branding
• History of branding
• Dimensions of Brands
• Characteristics of Branding
• Branding Today
• Brand Decision
• Brand Strategies
• Approaches of Brand Strategies
• Brand elements
• Criteria for choosing a brand element
• Brand Portfolio
• Clarifications and Discussions
2
Brand & Its Level
Brand
Identity of a product & service.
Labels of ownership: name, term, design, symbol.
Levels of Branding
Country brand
Company or corporate
brand
Service or product brand
3
Brand Concept
Brand is: - a name, a term, a sign, a symbol or a combination of them which intended to indentify the goods and services of one seller or group of sellers and to differentiate them from those of competition.
•
4
Brand Management
• A application of marketing techniques to a specific product line or a brand Ex: Brand equity and brand
franchise
• Brand gives an implied promise that the level of quality that people have come to expect from a brand –
which leads to consistency in purchase.
• Value of Brand (from manufacturer’s point of view): - amount of profit that it generated (reduced cost,
increased prices & market share and efficient marketing, etc.)
5
Evolution of Brands
Evolution of Brand: Brands start off as products made out of certain ingradiants. Over a
period of time brands are built through marketing activities and communications. They
keep on aquiring attributes, core values and extended value
•Extended
core
values
•Attribute
category
association
•Prod.
ingredients
Time
6
Evolution of Brands
Initially with a single satellite broadcasting regional sports. Through its singular focus on
providing sports programming and news it grew into biggest name in sports.
Now: 10 cable channels, a web site, a magazine, a restaurant chain, more than 600 local
radio affiliates, television series, book publishing, online stores, music, and lot more.
7
Evolution of Brands
• Disney land
• Amul
• Servo
R Y
• Coca-Cola
TO
• GE
S
• Nokia E
McDonald’s A M
•S
•
• Intel
8
Uses of Brands/ Branding
9
History of Branding
• In ancient Roman and Greek society, shop keepers use to hang pictures above their
shops of products they sold
• High rate of illiteracy – pictorial presentation was more popular
• Each retailer started the symbols to represent his specialty. This led to the development
of Logos
• Logos are the short hand devices indicating the capability of a brand – The same trend
continues now also
• Branding was used as a guarantee of source of their product. Later it became a legal
protection against copying and imitation. Trade marks now includes; works, symbols
and package design and register able.
• Branding – Red hat iron for cattle as a proof of ownership
• Oxford dictionary meaning of brand – Ownership and quality
• Ranchers in old west region used brands to identify their cattle – that time fencing was
not invented – brands are differentiating devices even today.
10
History of Branding
11
Dimensions of Brand
• Differentiation
• Legal protection
• Functional communication
Most of the brands today we see in the market are emerged during second world war period.
Later brands quired emotional attachment, they made personality statement and
represented buyer moods.
12
Characteristics of Brand
•Generic
Characteristics of Brand
•Expected
•Augmented
•Potential
Note: If there is no creativity, then brands will replace to the previous levels
13
Branding Today
• One extreme – simple brands associated with advertising slogans & other extreme –
structured branding with certain objects represent a product.
• Acc. To Lang maid &Gordon “Brands move from simple verbal to aural to visual
association to branding devices to symbols, to analogies, to metaphors, to tone of
voice & ultimately to structure.
14
Brand Decision – Brand strategy
15
BRAND STRATEGIES
• Brand Acquisition:
Example:- Thumps up by coca cola
Arcelor by Mittal steel
IBM’s PC & laptop by Lenovo (Chinese brand)
• Brand Orientation:
1. It is a deliberate approach to working with brands, both internally & externally.
2. It refers to “the degree to which the organization values brands & its practices are oriented
towards building brand capabilities”.
16
Approaches of brand strategies
17
Brand elements
• Name
• Logo
• Symbol
• Package
• Design
18
Criteria for choosing Brand elements
19
Brand Portfolio
• Brand portfolio includes all the brands and sub brands attached to product market offerings
20
Thank You