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BRANDING
Chapter 31.1
UNDERSTANDING BRANDING
BRAND
a name, term,
design, symbol, or
combination of
these elements that
identifies a product
and distinguishes it
from its competitors
ELEMENTS OF A BRAND
Brand Name
Brand Mark
Trade Name
Trade Character
Trade Mark
BRAND ELEMENT
BRAND NAME
(or product brand) a
word, group of
words, letters, or
numbers that
represents a product
that can be spoken
◦ Should be easily
pronounced,
distinctive, and
recognizable
BRAND ELEMENT
BRAND MARK
the part of a
brand that is a
symbol or design
◦ It may include
distinctive colors
or lettering
BRAND ELEMENT
TRADE NAME
(or corporate brand)
identifies and
promotes a company
or a division of a
particular corporation
◦ The legal name used
while conducting
business
◦ Used to promote a
positive image of the
organization (quality,
value, reliability)
BRAND ELEMENT
TRADE CHARACTER
a brand mark with human form or
characteristics
BRAND ELEMENT
TRADE MARK
a brand name, brand
mark, trade name,
trade character, or a
combination of these
that is given legal
protection by the
federal government
THE IMPORTANCE OF BRANDING
1. To build product recognition and
customer loyalty
2. To ensure quality and
consistency
3. To capitalize on brand exposure
PRODUCT RECOGNITION
It is important that customers who are
satisfied with a product can easily
recognize and find a company’s
branded products when they want to
buy them again
◦ Nine out of ten people will pay 25% more
for a GE Soft White light bulb over a private
or generic brand because it is perceived by
customers to be better than the competitors
QUALITY AND CONSISTENCY
Companies communicate to customers that
they can expect consistent quality and
performance, purchase after purchase
BRAND EXPOSURE
Helps companies extend their products into
new target markets, new product lines,
and new categories
◦ Customers are more willing to try new products
that carry a name they are familiar with
◦ Example: GLAD family of products
 Started with trash bags and has now moved into
food storage containers and baggies
TYPES OF BRANDS
National Brands
(producer brands) owned by national
manufacturers
◦ Generate the majority of sales for most categories
◦ Examples: Hershey Foods, Whirlpool, Ford, Hilton,
American Airlines, Kraft and Nestle
◦ Internet based national brands
 Amazon.com, eBay, Monster
TYPES OF BRANDS
Private Distributor Brands
private brands, store brands, or dealer
brands
◦ Developed and owned by wholesalers and
retailers
◦ Examples: Arizona for JC Penney, George for
Wal-Mart, Villager for Kohl's
Both are private
distributor brands from
SEARS
TYPES OF BRANDS
Generic Brands
Does not carry a company identity
◦ Packaging usually features a description of the
product
 Example: Pancake Mix, Paper Towels
◦ Usually sold in supermarkets and discount
stores
◦ Often sold for 30 – 50% less than name brands
BRAND STRATEGIES
 Brand Extension
 Brand Licensing
 Mixed Brands
 Co-Branding
BRAND EXTENTION
A branding strategy that uses an existing brand
name to promote a new or improved product
in a company’s product line
BRAND LICENSING
Some companies allow other organizations
to use their brand, brand mark, or trade
character through brand licensing
Licensing company gets a fee (royalty) in
return for authorization
Has licensing agreements with
MIXED BRANDS
Offer a combination of manufacturer,
private distributor, and generic brands
Their own National Brand tires Private Brand for SEARS
Co-BRANDING
Combines one or more brands in the
manufacture of a product or in the delivery of
a service
Re-Branding
Rebranding
Rebranding - a change to the brand name, logo,
or image of a product or company
brand owner revisits the brand with the
purpose of updating or revising
Partial Rebrand
 Situations when a brand has been firmly
established yet is simply outdated or
needs to be refreshed.
◦ Tweaking is required
◦ Not a full rebrand
Total Rebrand
 Situations when a brand’s intent to erase
any previous brand identity and replace it
with completely new imagery
Why Rebrand?
Rebranding can help change a
businesses:
Quality
Target Market
New Product Line
Repositioning and Image
Altered Public Image
Activity
 Choose a current brand that is national
recognized
 You may have 1 partner
 NOW - Rebrand it
 Complete a Partial Rebrand and a Total
Rebrand
◦ Come up with a new
 Logo
 Slogan
 Trade character

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Branding power point presentation gor grade 10

  • 2. UNDERSTANDING BRANDING BRAND a name, term, design, symbol, or combination of these elements that identifies a product and distinguishes it from its competitors
  • 3. ELEMENTS OF A BRAND Brand Name Brand Mark Trade Name Trade Character Trade Mark
  • 4. BRAND ELEMENT BRAND NAME (or product brand) a word, group of words, letters, or numbers that represents a product that can be spoken ◦ Should be easily pronounced, distinctive, and recognizable
  • 5. BRAND ELEMENT BRAND MARK the part of a brand that is a symbol or design ◦ It may include distinctive colors or lettering
  • 6. BRAND ELEMENT TRADE NAME (or corporate brand) identifies and promotes a company or a division of a particular corporation ◦ The legal name used while conducting business ◦ Used to promote a positive image of the organization (quality, value, reliability)
  • 7. BRAND ELEMENT TRADE CHARACTER a brand mark with human form or characteristics
  • 8. BRAND ELEMENT TRADE MARK a brand name, brand mark, trade name, trade character, or a combination of these that is given legal protection by the federal government
  • 9. THE IMPORTANCE OF BRANDING 1. To build product recognition and customer loyalty 2. To ensure quality and consistency 3. To capitalize on brand exposure
  • 10. PRODUCT RECOGNITION It is important that customers who are satisfied with a product can easily recognize and find a company’s branded products when they want to buy them again ◦ Nine out of ten people will pay 25% more for a GE Soft White light bulb over a private or generic brand because it is perceived by customers to be better than the competitors
  • 11. QUALITY AND CONSISTENCY Companies communicate to customers that they can expect consistent quality and performance, purchase after purchase
  • 12. BRAND EXPOSURE Helps companies extend their products into new target markets, new product lines, and new categories ◦ Customers are more willing to try new products that carry a name they are familiar with ◦ Example: GLAD family of products  Started with trash bags and has now moved into food storage containers and baggies
  • 13. TYPES OF BRANDS National Brands (producer brands) owned by national manufacturers ◦ Generate the majority of sales for most categories ◦ Examples: Hershey Foods, Whirlpool, Ford, Hilton, American Airlines, Kraft and Nestle ◦ Internet based national brands  Amazon.com, eBay, Monster
  • 14. TYPES OF BRANDS Private Distributor Brands private brands, store brands, or dealer brands ◦ Developed and owned by wholesalers and retailers ◦ Examples: Arizona for JC Penney, George for Wal-Mart, Villager for Kohl's Both are private distributor brands from SEARS
  • 15. TYPES OF BRANDS Generic Brands Does not carry a company identity ◦ Packaging usually features a description of the product  Example: Pancake Mix, Paper Towels ◦ Usually sold in supermarkets and discount stores ◦ Often sold for 30 – 50% less than name brands
  • 16. BRAND STRATEGIES  Brand Extension  Brand Licensing  Mixed Brands  Co-Branding
  • 17. BRAND EXTENTION A branding strategy that uses an existing brand name to promote a new or improved product in a company’s product line
  • 18. BRAND LICENSING Some companies allow other organizations to use their brand, brand mark, or trade character through brand licensing Licensing company gets a fee (royalty) in return for authorization Has licensing agreements with
  • 19. MIXED BRANDS Offer a combination of manufacturer, private distributor, and generic brands Their own National Brand tires Private Brand for SEARS
  • 20. Co-BRANDING Combines one or more brands in the manufacture of a product or in the delivery of a service
  • 21. Re-Branding Rebranding Rebranding - a change to the brand name, logo, or image of a product or company brand owner revisits the brand with the purpose of updating or revising
  • 22.
  • 23.
  • 24. Partial Rebrand  Situations when a brand has been firmly established yet is simply outdated or needs to be refreshed. ◦ Tweaking is required ◦ Not a full rebrand
  • 25. Total Rebrand  Situations when a brand’s intent to erase any previous brand identity and replace it with completely new imagery
  • 26. Why Rebrand? Rebranding can help change a businesses: Quality Target Market New Product Line Repositioning and Image Altered Public Image
  • 27. Activity  Choose a current brand that is national recognized  You may have 1 partner  NOW - Rebrand it  Complete a Partial Rebrand and a Total Rebrand ◦ Come up with a new  Logo  Slogan  Trade character