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Business-to-Business Marketing
Branding Concepts ā€“ Term Paper

BBM, NMP Term III
Group 4
Argha Ray - 15
Chakra Dhar Kundu - 22
Khushal Malik - 28
Sanjay Kumar Prasad ā€“ 45
Branding as a Concept:
ā€¢ ā€œA name, term, design, symbol, or any other feature that identifies
one seller's good or service as distinct from those of other sellers.
The legal term for brand is trademark. A brand may identify one
item, a family of items, or all items of that seller. If used for the
firm as a whole, the preferred term is trade name.ā€
American Marketing Association

ā€¢ Consistency of presentation that becomes the identity of a
company. (Paul Hague)
ā€¢ Cultural Uniformity.

ā€¢ More than a symbol or logo; but an imagery and association.
ā€¢ Personality beyond the product.
Branding in Industrial Markets:
ā€¢ Concept not well developed in B2B.
ā€¢ Shorthand for product quality, reliability of delivery and value for
money.
ā€¢ Often linked with Corporate Brand as a whole.

ā€¢ Experienced but not acknowledged.
ā€¢ Brand essence as centerpiece of differentiation.
ā€¢ Brand Essence : The core characteristics that defines a brand e.g.
ā€œNike is Inspirationalā€.
Bullā€™s Eye of Brand Essence:
B2B Branding Ladder:
Gradual change in focus that brands undergo over a period of time, in order to
achieve a better connect with the customers. (Kevin Lane Keller)
Brands drive B2B Markets:
Kevin Randall lists reasons on why brands bring a distinctive
value proposition in business markets.
ļƒ¼ Cut through Clutter: Morass of Market
ļƒ¼ Tap emotional drivers: Powerful Irrational Impulse
ļƒ¼ Deliver promise: Unified, Consistent and Satisfying Experience
Building Blocks of Brands:
Conceptual Model of Esch, Langner, Schmitt and Geus for B2C.
A few Definitions:
ā€¢ Brand Awareness: It refers to customers' ability to recall and
recognize the brand under different conditions and link to the
brand name e.g. Photocopying reminds of Xerox.
ā€¢ Brand Image: It is a symbolic construct created within the minds
of people e.g. Mercedes is an image of luxury.
ā€¢ Brand Satisfaction: Exchange relationship with brand depending
on utilitarian benefits e.g. Worth the money to spend an year at
MDI.
ā€¢ Brand Trust: It is the intrinsic 'believability' that any entity evokes
converting simple awareness to strong commitment e.g. MDI will
assist in placements.
ā€¢ Brand Attachment: Long lasting bond and interdependence
between brand and customer e.g. James Bond always drives a
Aston Martin.
Hypothesis and Correlations:
Model:

The cross symbols above signifies hypothesis rejection
Brand Awareness in B2B:
Homburg, Klarmann and Schmitt extend the branding concepts by
studying the particular concept of Brand Awareness in B2B.
Hypothesis and Correlations:
Strong Industrial Brands:
ā€¢ ā€œNo One Ever Got Fired for Buying IBMā€
ā€¢ ā€œIntel Insideā€
ā€¢ ā€œGEā€™s imagination at workā€
ā€¢ ā€œCaterpillarā€™s One Voiceā€
Conclusion:
ā€¢ Branding as applicable to B2C can also be extrapolated into B2B.
ā€¢ The extrapolation has to be nuanced and shaded with inherent
intricacies that characterize industrial markets on the paradigms
of organizational risks and personal risks of buyers.

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B2B Branding Concepts

  • 1. Business-to-Business Marketing Branding Concepts ā€“ Term Paper BBM, NMP Term III Group 4 Argha Ray - 15 Chakra Dhar Kundu - 22 Khushal Malik - 28 Sanjay Kumar Prasad ā€“ 45
  • 2. Branding as a Concept: ā€¢ ā€œA name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers. The legal term for brand is trademark. A brand may identify one item, a family of items, or all items of that seller. If used for the firm as a whole, the preferred term is trade name.ā€ American Marketing Association ā€¢ Consistency of presentation that becomes the identity of a company. (Paul Hague) ā€¢ Cultural Uniformity. ā€¢ More than a symbol or logo; but an imagery and association. ā€¢ Personality beyond the product.
  • 3. Branding in Industrial Markets: ā€¢ Concept not well developed in B2B. ā€¢ Shorthand for product quality, reliability of delivery and value for money. ā€¢ Often linked with Corporate Brand as a whole. ā€¢ Experienced but not acknowledged. ā€¢ Brand essence as centerpiece of differentiation. ā€¢ Brand Essence : The core characteristics that defines a brand e.g. ā€œNike is Inspirationalā€.
  • 4. Bullā€™s Eye of Brand Essence:
  • 5. B2B Branding Ladder: Gradual change in focus that brands undergo over a period of time, in order to achieve a better connect with the customers. (Kevin Lane Keller)
  • 6. Brands drive B2B Markets: Kevin Randall lists reasons on why brands bring a distinctive value proposition in business markets. ļƒ¼ Cut through Clutter: Morass of Market ļƒ¼ Tap emotional drivers: Powerful Irrational Impulse ļƒ¼ Deliver promise: Unified, Consistent and Satisfying Experience
  • 7. Building Blocks of Brands: Conceptual Model of Esch, Langner, Schmitt and Geus for B2C.
  • 8. A few Definitions: ā€¢ Brand Awareness: It refers to customers' ability to recall and recognize the brand under different conditions and link to the brand name e.g. Photocopying reminds of Xerox. ā€¢ Brand Image: It is a symbolic construct created within the minds of people e.g. Mercedes is an image of luxury. ā€¢ Brand Satisfaction: Exchange relationship with brand depending on utilitarian benefits e.g. Worth the money to spend an year at MDI. ā€¢ Brand Trust: It is the intrinsic 'believability' that any entity evokes converting simple awareness to strong commitment e.g. MDI will assist in placements. ā€¢ Brand Attachment: Long lasting bond and interdependence between brand and customer e.g. James Bond always drives a Aston Martin.
  • 10. Model: The cross symbols above signifies hypothesis rejection
  • 11. Brand Awareness in B2B: Homburg, Klarmann and Schmitt extend the branding concepts by studying the particular concept of Brand Awareness in B2B.
  • 13. Strong Industrial Brands: ā€¢ ā€œNo One Ever Got Fired for Buying IBMā€ ā€¢ ā€œIntel Insideā€ ā€¢ ā€œGEā€™s imagination at workā€ ā€¢ ā€œCaterpillarā€™s One Voiceā€
  • 14. Conclusion: ā€¢ Branding as applicable to B2C can also be extrapolated into B2B. ā€¢ The extrapolation has to be nuanced and shaded with inherent intricacies that characterize industrial markets on the paradigms of organizational risks and personal risks of buyers.