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BRAND MANAGEMENT
Bhavna gupta
MBA
142562078
.
.
.
GUESS THE BRANDS
Name Design
Identifies
product/service
of seller and
differentiates from
competitors
A Brand Is……….
.
. • A brand is a “name, term, sign, symbol, or
design, or a combination of them, intended to
identify the goods and services of one seller or
group of sellers and to differentiate them from
those of competition.”
WHAT IS A BRAND
WHAT IS A BRAND?
Branding is a combined effort of the company which is
projected to the consumer.
Company
Brand
Consumer
Marketing
Design
CONSUMER
.
.• Physical goods
• Services
• Retailers and distributors
• Online products and services
• People and organizations
• Sports, arts, and entertainment
• Ideas and causes
AN EFFECTIVE BRAND NAME
● Is easy to pronounce
● Is easy to recognize and remember
● Is short, distinctive, and unique
● Describes the product, use, and benefits
● Has a positive connotation
● Reinforces the product image
● Is legally protectable
BRAND ROLES
 Massive Asset
 Promotional Tool
 Protects Market Share
 Means of Identification
 Antidote for middlemen's survival
Role of Branding
What is Brand Equity?
•Brand equity is the added value
endowed on products and services,
which may be reflected in the way
consumers, think, feel and act with
respect to the brand.
DRIVERS OF BRAND EQUITY
BRAND
EQUITY
CUSTOMER
LOYALTY
BRAND
AWARENESS
BRAND
ASSOWATORS
PROPICTIONS
ASSETS
PERCIEVED
QUALITY
Factors affecting Brand Equity
Market Leadership
Market Size
Comparative Price
Ratio of Marketing expenses to sales
Level of Consumer Satisfaction
Rate of Profitability
Scope of line extension
BRAND LOYALTY
“The degree of consumer attachment
to a brand.”
Recognition
Preference
Insistence
Awareness of name,
benefit and package
Is useful, consumer will
buy if available…evoked
set
Will search for; must have
Brand Loyalty pyramid
COMMITTED BUYER
LIKES A BRAND, CONSIDERS BRAND
AS A FRIEND
SATISFIED BUYER WITH
SWITCHING COSTS
HABITUAL BUYER NO REASON TO
CHANGE
SWITCHERS
IMPORTANCE OF BRANDING
Brands for Consumers and Sellers
Symbolic
device
Lower risk
Less cost of
searching for
a choice
Symbol of
Quality
Consumers
Source of
product
Brands for Consumers and Sellers
Symbolic
device
Lower risk
Less cost of
searching for
a choice
Symbol of
Quality
Consumers
Source of
product
Consumers can easily make a purchase
decision based on brands. Consumers
usually find brands which satisfy their
need.
Brands for Consumers and Sellers
Symbolic
device
Less cost of
searching for
a choice
Symbol of
Quality
Consumers
Source of
product
Brands mean lower purchase risk to consumers as they
are dealing with a product or organization that they
trust.
Lower risk
Brands for Consumers and Sellers
Symbolic
device
Symbol of
Quality
Consumers
Source of
product
If the consumers recognize a particular brand and have
knowledge about it, they make quick purchase
decision and save lot of time. Also, they save search
costs for product.
Lower risk
Less cost of
searching for
a choice
Brands for Consumers and Sellers
Symbolic
device
Consumers
Source of
product
Consumers see ‘brands’ as a symbol of quality and remain
committed and loyal to a brand as long as they believe that the
brand will continue meeting their expectations and perform in the
desired manner consistently.
Lower risk
Less cost of
searching for
a choice
Symbol of
Quality
Brands for Consumers and Sellers
Consumers
Source of
product
Brands play a significant role in signifying certain product
features to consumers.
Lower risk
Less cost of
searching for
a choice
Symbol of
Quality
Symbolic
device
Brands for Consumers and Sellers
Seller
Means of
Profits
Means of
Competitive
Advantage
Legal
protection of
products’
features
Satisfied
customer
Brands for Consumers and Sellers
Seller
Means of
Profits
Legal
protection of
products’
features
Satisfied
customer
Means of
Competitive
Advantage
A brand helps the firms to provide consistently a
unique set of characteristics, advantages, and services
to the buyers/consumers.
Brands for Consumers and Sellers
Seller
Means of
Profits
Satisfied
customer
Means of
Competitive
Advantage
Brands help to protect the unique features/traits of
products by legal copyrights.
Legal
protection of
products’
features
Brands for Consumers and Sellers
Seller
Means of
Profits
Means of
Competitive
Advantage
Brand represents values, ideas and even personality
and hence leads to an assortment of memories in
customers’ mind and hence satisfied customers.
Legal
protection of
products’
features
Satisfied
customer
Brands for Consumers and Sellers
Seller
Means of
Competitive
Advantage
Brands form the basis of purchase decision among
consumers and thus are a means of financial profits.
Legal
protection of
products’
features
Satisfied
customer
Means of
Profits
PRODUCT PACKAGING
• Product Protection
• Product Identification
• Product Convenience
• Product Promotion
• Product Profit Generation
Product Packaging
PACKAGING STRATEGIES
• Family Packaging
• Multiple Packaging
• Reuse Packaging
• Ecological Packaging
Brands Management

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Brands Management

  • 2. .
  • 3. . .
  • 5.
  • 6. Name Design Identifies product/service of seller and differentiates from competitors A Brand Is……….
  • 7. . . • A brand is a “name, term, sign, symbol, or design, or a combination of them, intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competition.” WHAT IS A BRAND
  • 8. WHAT IS A BRAND? Branding is a combined effort of the company which is projected to the consumer. Company Brand Consumer Marketing Design CONSUMER
  • 9. . .• Physical goods • Services • Retailers and distributors • Online products and services • People and organizations • Sports, arts, and entertainment • Ideas and causes
  • 10. AN EFFECTIVE BRAND NAME ● Is easy to pronounce ● Is easy to recognize and remember ● Is short, distinctive, and unique ● Describes the product, use, and benefits ● Has a positive connotation ● Reinforces the product image ● Is legally protectable
  • 12.  Massive Asset  Promotional Tool  Protects Market Share  Means of Identification  Antidote for middlemen's survival Role of Branding
  • 13. What is Brand Equity? •Brand equity is the added value endowed on products and services, which may be reflected in the way consumers, think, feel and act with respect to the brand.
  • 14. DRIVERS OF BRAND EQUITY BRAND EQUITY CUSTOMER LOYALTY BRAND AWARENESS BRAND ASSOWATORS PROPICTIONS ASSETS PERCIEVED QUALITY
  • 15. Factors affecting Brand Equity Market Leadership Market Size Comparative Price Ratio of Marketing expenses to sales Level of Consumer Satisfaction Rate of Profitability Scope of line extension
  • 16. BRAND LOYALTY “The degree of consumer attachment to a brand.” Recognition Preference Insistence Awareness of name, benefit and package Is useful, consumer will buy if available…evoked set Will search for; must have
  • 17. Brand Loyalty pyramid COMMITTED BUYER LIKES A BRAND, CONSIDERS BRAND AS A FRIEND SATISFIED BUYER WITH SWITCHING COSTS HABITUAL BUYER NO REASON TO CHANGE SWITCHERS
  • 19. Brands for Consumers and Sellers Symbolic device Lower risk Less cost of searching for a choice Symbol of Quality Consumers Source of product
  • 20. Brands for Consumers and Sellers Symbolic device Lower risk Less cost of searching for a choice Symbol of Quality Consumers Source of product Consumers can easily make a purchase decision based on brands. Consumers usually find brands which satisfy their need.
  • 21. Brands for Consumers and Sellers Symbolic device Less cost of searching for a choice Symbol of Quality Consumers Source of product Brands mean lower purchase risk to consumers as they are dealing with a product or organization that they trust. Lower risk
  • 22. Brands for Consumers and Sellers Symbolic device Symbol of Quality Consumers Source of product If the consumers recognize a particular brand and have knowledge about it, they make quick purchase decision and save lot of time. Also, they save search costs for product. Lower risk Less cost of searching for a choice
  • 23. Brands for Consumers and Sellers Symbolic device Consumers Source of product Consumers see ‘brands’ as a symbol of quality and remain committed and loyal to a brand as long as they believe that the brand will continue meeting their expectations and perform in the desired manner consistently. Lower risk Less cost of searching for a choice Symbol of Quality
  • 24. Brands for Consumers and Sellers Consumers Source of product Brands play a significant role in signifying certain product features to consumers. Lower risk Less cost of searching for a choice Symbol of Quality Symbolic device
  • 25. Brands for Consumers and Sellers Seller Means of Profits Means of Competitive Advantage Legal protection of products’ features Satisfied customer
  • 26. Brands for Consumers and Sellers Seller Means of Profits Legal protection of products’ features Satisfied customer Means of Competitive Advantage A brand helps the firms to provide consistently a unique set of characteristics, advantages, and services to the buyers/consumers.
  • 27. Brands for Consumers and Sellers Seller Means of Profits Satisfied customer Means of Competitive Advantage Brands help to protect the unique features/traits of products by legal copyrights. Legal protection of products’ features
  • 28. Brands for Consumers and Sellers Seller Means of Profits Means of Competitive Advantage Brand represents values, ideas and even personality and hence leads to an assortment of memories in customers’ mind and hence satisfied customers. Legal protection of products’ features Satisfied customer
  • 29. Brands for Consumers and Sellers Seller Means of Competitive Advantage Brands form the basis of purchase decision among consumers and thus are a means of financial profits. Legal protection of products’ features Satisfied customer Means of Profits
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 38. • Product Protection • Product Identification • Product Convenience • Product Promotion • Product Profit Generation Product Packaging
  • 39. PACKAGING STRATEGIES • Family Packaging • Multiple Packaging • Reuse Packaging • Ecological Packaging