Marketing Management: Kotler & Keller Chapter 9. Creating a Brand Equity.
Explain the process from creation, development, management and strategy aspects
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1. Innovate a unique identity that create value and
purpose
2. Enhance with added value to impact the customer
perception
3. Provide consistent image and message in the minds
of consumers
4. Develop it by using strategy for extension, product
flanking, multi-brands, or new brand
Outline:
A continuous plan to maximize Brand
Equity follows the process to…
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1a. What is a brand and how does branding work?
Innovate a unique identity
• Sign
• Slogan
• Symbol
• Name Jollibee
“Dito ang sarap maging pamilya”
Differentiation
• Design
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1b. What is a brand and how does branding work?
Brand Creates Value and
Purpose
1. Perceptions of performance
2. Greater loyalty
3. Less vulnerability to
a. competitive marketing actions
b. crises
4. Larger margins
5. More inelastic consumer response
6. Greater trade cooperation
7. Marketing communications
8. Licensing opportunities
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2b. What is brand equity?
Enhance with added value
It is reflected in how we think, feel, and act
with the respect to the brand
• Value to customer
• Value to the firm
Safe Pride Prestige
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3b. How is brand equity built, measured, and managed?
Influencing Customer Mind
Understanding
Action
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3a. What are the important decisions in developing a
branding strategy?
Develop Brand With Strategy
• Extension
• Product flanking
• Multi-brands
• New brand
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3a. What are the important decisions in developing a
branding strategy?
Develop Brand With Strategy
New brand
Extension
Product flanking
Multi-brands
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Brand in the Philippines
What brand that remind you immediately?
Beer Low cost flight
Landline Instant noodle
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Amdocs Brand
It is created to align with the change
AMDOCS SERVICES, GO FURTHER, FASTER
Dynamic, represent a
continuous journey
with a target
Bold, represents a
strong positioning
Agile, time to market, scalable, following
the new technology trend
…and it is costly….
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1. Start to innovate a unique
identity that create value and
purpose (What is a brand?)
2. Then enhance with added value
to impact the customer
perception (How to develop?)
3. Provide consistent image and
message in the minds of
consumers (How to manage?)
4. Develop it by using strategy for
extension, product flanking,
multi-brands, or new brand
(What is the strategy?)
Summary:
The process to maximize Brand Equity
consists of following steps: