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Forever Brands
What is a “Forever” Brand?
• Lux?
• Amul?
• Xerox?
• Dalda?
• Mercedes?
• Prudential?
• Dev Anand?
How do they become
“forever”?
By “Pet” Name?
• “Gabbar”
• “Gattu”
• “Maharajah”
• “Big Mac”
• “Apple”
By Price Tag?
• Bata
• Poonam Sarees
• Mercedes
• Reebok
By Tangibles?
• Color: Jenson & Nicholson
• Hospitality: Taj
• Pizzas: Domino
By Image?
• Tough/Macho: Marlboro
• Devdas: Dilip Kumar
• Comedy: Chaplin
• Romantic: Dev Anand
By Intangibles?
• Liril: Freshness
• Tatas: Reputation (?)
• Chandra Babu Naidu: e Governance
To understand this, we need to
take a closer look at what
makes a “brand”
“A product is something that is
made in a factory; a brand is
something that is bought by a
consumer.A product can be
copied by a consumer; a brand is
unique. A product can be
quickly outdated; a successful
brand is timeless”.
What then is a brand?
• Legal Protection
• Guarantee of Quality assurance &
Homegenity
• Differentiates products
Brand vs Product
• Product: Functional
Values
• Brand: Functional
Purpose plus
“something”
Brand defined
by John Philip Jones
“A brand is a product that provides
functional benefits plus added
values that some customers value
enough to buy”.
What are these added values?
• Brand experience:
Reliability/Familarity/Reduced risk
• Brand User:
Association from people who use the brand
• Belief that brand is effective:
The ‘placebo’ effect
• Brand appearance:
Value of packaging
Advertising
“The use of advertising to add a
subjective value to the tangible
values of the product.For subjective
values are no less than the tangible
ones”.
We must understand that these
laws applies to both products
and services
The “Forever” element
Managing the Brand Building
Process
Fundamental Issues
• Continuous Credibility
• Continuous Brand Performance
• Nourishing the Brand Relationship with
the Customer
Nourishing Brand Relationship
• The reassurance factor
• The comfort level
• The warmth factor
• Maintaining credibility
• High degree of customer relationship
• High Visibility
• Developing a brand equity
What is brand equity?
• Brand Loyalty
• Name Awareness
• Perceived Quality
• Brand Associations in addition to
perceived quality
• Other exclusive brand assets: brand
property/mascot
What is brand equity?
Does advertising have any role
in brand building?
• The Awareness machine
• The interface
• The hype
• The Image
• The Persuader
• The belief
• The reassurer
• The clincher
Finally, my forever brand…
Thank you!

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Forever brands

  • 2. What is a “Forever” Brand? • Lux? • Amul? • Xerox? • Dalda? • Mercedes? • Prudential? • Dev Anand?
  • 3. How do they become “forever”?
  • 4. By “Pet” Name? • “Gabbar” • “Gattu” • “Maharajah” • “Big Mac” • “Apple”
  • 5. By Price Tag? • Bata • Poonam Sarees • Mercedes • Reebok
  • 6. By Tangibles? • Color: Jenson & Nicholson • Hospitality: Taj • Pizzas: Domino
  • 7. By Image? • Tough/Macho: Marlboro • Devdas: Dilip Kumar • Comedy: Chaplin • Romantic: Dev Anand
  • 8. By Intangibles? • Liril: Freshness • Tatas: Reputation (?) • Chandra Babu Naidu: e Governance
  • 9. To understand this, we need to take a closer look at what makes a “brand”
  • 10. “A product is something that is made in a factory; a brand is something that is bought by a consumer.A product can be copied by a consumer; a brand is unique. A product can be quickly outdated; a successful brand is timeless”.
  • 11. What then is a brand? • Legal Protection • Guarantee of Quality assurance & Homegenity • Differentiates products
  • 12. Brand vs Product • Product: Functional Values • Brand: Functional Purpose plus “something”
  • 13. Brand defined by John Philip Jones “A brand is a product that provides functional benefits plus added values that some customers value enough to buy”.
  • 14. What are these added values? • Brand experience: Reliability/Familarity/Reduced risk • Brand User: Association from people who use the brand • Belief that brand is effective: The ‘placebo’ effect • Brand appearance: Value of packaging
  • 15. Advertising “The use of advertising to add a subjective value to the tangible values of the product.For subjective values are no less than the tangible ones”.
  • 16. We must understand that these laws applies to both products and services
  • 18. Managing the Brand Building Process
  • 19. Fundamental Issues • Continuous Credibility • Continuous Brand Performance • Nourishing the Brand Relationship with the Customer
  • 20. Nourishing Brand Relationship • The reassurance factor • The comfort level • The warmth factor • Maintaining credibility • High degree of customer relationship • High Visibility • Developing a brand equity
  • 21. What is brand equity? • Brand Loyalty • Name Awareness • Perceived Quality • Brand Associations in addition to perceived quality • Other exclusive brand assets: brand property/mascot
  • 22. What is brand equity?
  • 23. Does advertising have any role in brand building? • The Awareness machine • The interface • The hype • The Image • The Persuader • The belief • The reassurer • The clincher
  • 25.