Brand Management

Session 3: Brand Development Process


Zeeshan Kingshuk Huq
Guest Faculty
zeeshan.huq@gmail.com
Quick Re-cap
§  Brand is a promise
§  Product is the system of delivering this promise
§  Advertisement proposes and makes you believe this
    delivery of promise
§  Brands build companies
§  Brand Equity Consists of
    Loyalty
    Awareness
    Perceived Quality   / Value
    Association
§  Brand Manager à the sole responsible for the brand
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BRAND DEVELOPMENT

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Chicken or Egg?


§ What comes first:
    a Product, or
    a Brand?

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Remember: Brand Position Statement
§  Brand Name
§  Brand Consumer Benefit
§  Brand Personality
§  Product / Range / Description
§  Major Competitors
§  Target Consumers
§  Reasons to Believe the Benefit
§  Packaging
§  Advertising Property
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1.  Choose a Product that you want to brand. Name it, position it, make
    a launch plan.


2.  Choose an idea that you want to brand. Make a product / offer,
    position it, sell it to us.



CLASS ASSIGNMENT (GROUP)

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The New Brand Development Process
§  Opportunity Identification and Selection
§  Concept Generation
§  Concept Evaluation
§  Development
§  Launch




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QUESTIONS AND ANSWERS

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20130309 brand management chapter 3 iba 45 e

  • 1.
    Brand Management Session 3:Brand Development Process Zeeshan Kingshuk Huq Guest Faculty zeeshan.huq@gmail.com
  • 2.
    Quick Re-cap §  Brandis a promise §  Product is the system of delivering this promise §  Advertisement proposes and makes you believe this delivery of promise §  Brands build companies §  Brand Equity Consists of   Loyalty   Awareness   Perceived Quality / Value   Association §  Brand Manager à the sole responsible for the brand 2 3/13/13/ZKH
  • 3.
    BRAND DEVELOPMENT 3 3/13/13/ZKH
  • 4.
    Chicken or Egg? § Whatcomes first: a Product, or a Brand? 4 3/13/13/ZKH
  • 5.
    Remember: Brand PositionStatement §  Brand Name §  Brand Consumer Benefit §  Brand Personality §  Product / Range / Description §  Major Competitors §  Target Consumers §  Reasons to Believe the Benefit §  Packaging §  Advertising Property 5 3/13/13/ZKH
  • 6.
    1.  Choose aProduct that you want to brand. Name it, position it, make a launch plan. 2.  Choose an idea that you want to brand. Make a product / offer, position it, sell it to us. CLASS ASSIGNMENT (GROUP) 6 3/13/13/ZKH
  • 7.
    The New BrandDevelopment Process §  Opportunity Identification and Selection §  Concept Generation §  Concept Evaluation §  Development §  Launch 7 3/13/13/ZKH
  • 8.