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What are brands good for
1.
WHAT ARE BRANDS
GOOD FOR ??
2.
BRANDS AGGREGATE consumers
3.
Advertising and Promotion helps
to ATTRACT consumers
4.
INFORMATION REVOLUTION has
led to consumer DISAGGREGATION
5.
Then what are brands good
for ?
6.
3 CORE AREAS
7.
1. CONSUMER RELATIONSHIP
8.
Customer Information through various
CHANNELS has led to build relations with consumer.
9.
Disaggregate marketing is SIMPLE
10.
It is FAST
to respond to customer.
11.
12.
13.
How Disaggregation does it better
??
14.
Locus shifts from
product to umbrella brand
15.
TACTICAL ACTIVITIES like competitive
reactions, product trial coupons are IMPLEMENTED with consumers.
16.
Disaggregati on is nothing but
shedding of roles and sharpening focus.
17.
BRAND is a
TOOL in toolbox of marketing whose job is to manage consumer relationship.
18.
2. CHANNEL RELATIONSHIP
19.
RETAILERS adopt relationship based approach to
marketing. They create brand AWARENESS.
20.
BRANDS spend on
Retailers TWICE as spent to market the brand to consumer.
21.
DISAGGREGATION restores some BALANCE
for Manufactures.
22.
BUT for Retailers
: BETTER VARIETY, MORE SEGMENTATION.
23.
24.
25.
3. BRAND MANAGEMENT ORGANIZATIO N.
26.
MARKETING IS BRAND MANAGER PLUS THE BRAND MANAGEMENT SYSTEM.
27.
BUT .. ADOPTING CUSTOMER LEVEL DISAGGREGATION INITIATIVES IS IMPORTANT.
28.
M DISAGGREGATION is nothing
but a different MEDIA.
29.
ORGANIZATION are built
around BRANDS A switch to consumer centric organizatio n cannot happen overnight.
30.
3 ELEMENTS: 1. RELATIONSHIP
BUILDING ENTITY.
31.
2. TARGETED COMMUNICATION
THAT EXERT TACTICAL BEHAVIOUR.
32.
3. OBTAINING EXPERTISE IN NEW
PRODUCT AND BRAND DEVELOPMENT.
33.
34.
-MEASURES USED TO GAUGE
SUCCESS.
35.
36.
37.
- MANNERS IN WHICH
TEAM CO- ORDINATES.
38.
THE VALUE PROPOSITION OF
BRAND.
39.
DESPITE MANY UPHEAVELS, BRAND HAVE ENDURED AND CONTINUED TO
FLOURISH.
40.
DISAGGREGATION IS EFFICIENT AND PROFITABLE.
41.
-SO BRANDS ARE
EXCELLENT MEANS OF DEVELOPING AND COMMUNICATING A DIFFERENTIATED VALUE PROPOSITION IN THE MARKET. -A MANUFACTURER’S UMBRELLA BRAND MIGHT EVEN ASPIRE A RELATIONSHIP WITH CUSTOMER.
42.
THANK YOU
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