SlideShare a Scribd company logo
BRAND PRODUCT
MATRIX
Presented by:
Akhil Arora
Branding strategy
• Is the means by which the firm help consumers understand its
products and services and organize them in their minds.
• Two important strategic tools: The brand-product matrix and the
brand hierarchy help to characterize and formulate branding
strategies by defining various relationships among brands and
products.
Branding Strategy or Brand
Architecture
• The branding strategy for a firm reflects the number
and nature of common or distinctive brand elements
applied to the different products sold by the firm.
• Which brand elements can be applied to which
products and the nature of new and existing brand
elements to be applied to new products
The role of Brand Architecture
• Clarify: brand awareness
• Improve consumer understanding and communicate similarity and
differences between individual products
• Motivate: brand image
• Maximize transfer of equity to/from the brand to individual products to
improve trial and repeat purchase
Brand-Product Matrix
1 2 3 4
A
B
C
Products
Brands
Understanding Matrix
• Product line
• A group of products within a product category that are closely
related
• Product mix (product assortment)
• The set of all product lines and items that a particular seller makes
available to buyers
• Brand mix (brand assortment)
• The set of all brand lines that a particular seller makes available to
buyers
Brand product matrix
Brands
A
B
C
D
1 2 3 4
Brands
A
B
C
D
1 2 3 4
Brand extension
strategy
Brands
A
B
C
D
1 2 3 4
Brand portfolio strategy
Breadth of a Branding Strategy
• Breadth of product mix
• Aggregate market factors
• Category factors
• Environmental factors
• Depth of product mix
• Examining the percentage of sales and profits contributed by each item
in the product line
• Deciding to increase the length of the product line by adding new
variants or items typically expands market coverage and therefore market
share but also increases costs
Depth of a Branding Strategy
• The number and nature of different brands marketed in the
product class sold by a firm
• Referred to as brand portfolio
• The reason is to pursue different market segments, different
channels of distribution, or different geographic boundaries
• Maximize market coverage and minimize brand overlap
Ford Brand Portfolio
Designing a Brand Portfolio
• Basic principles:
• Maximize market coverage so that no potential customers are
being ignored
• Minimize brand overlap so that brands aren’t competing among
themselves to gain the same customer’s approval
Brand Roles in the Portfolio
• Flankers
• Cash cows
• Low-end entry-level
• High-end prestige brands
Brand Architecture Guidelines
• Adopt a strong customer focus
• Avoid over-branding
• Establish rules and conventions and be disciplined
• Create broad, robust brand platforms
• Selectively employ sub-brands as means of
complementing and strengthening brands
• Selectively extend brands to establish new brand equity
and enhance existing brand equity
11.1
6
THANK YOU
11.1
7

More Related Content

What's hot

brand elements and how nike use brand elements.
brand elements and how nike use brand elements.brand elements and how nike use brand elements.
brand elements and how nike use brand elements.
Aqib ali
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentationvijaydh
 
Aaker Brand Equity Model
Aaker Brand Equity Model Aaker Brand Equity Model
Aaker Brand Equity Model
Pawan Negi
 
Brand association and brand image - Introduction to Branding
Brand association and brand image - Introduction to BrandingBrand association and brand image - Introduction to Branding
Brand association and brand image - Introduction to Branding
Rai University Ahmedabad
 
Chapter 6 ((integrating marketing communications to build brand equity)
Chapter 6 ((integrating marketing communications to build brand equity)Chapter 6 ((integrating marketing communications to build brand equity)
Chapter 6 ((integrating marketing communications to build brand equity)
Jawad Chaudhry
 
Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)
Jawad Chaudhry
 
Brand Revitalization
Brand RevitalizationBrand Revitalization
Brand RevitalizationTehreenilyas
 
Intro to Branding & Brand management - Elkottab
Intro to Branding & Brand management - ElkottabIntro to Branding & Brand management - Elkottab
Intro to Branding & Brand management - Elkottab
Muhammad Omar
 
Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand management
gabbsy
 
MANAGING BRANDS OVER TIME
MANAGING BRANDS OVER TIMEMANAGING BRANDS OVER TIME
MANAGING BRANDS OVER TIME
Ashish Hande
 
Integrated Marketing Communications at Nike
Integrated Marketing Communications at NikeIntegrated Marketing Communications at Nike
Integrated Marketing Communications at Nike
Karan Mehta
 
Brand repositioning
Brand repositioningBrand repositioning
Brand repositioning
sachinsreekumar
 
Designing and implementing a branding strategy i brand architecture, brand pr...
Designing and implementing a branding strategy i brand architecture, brand pr...Designing and implementing a branding strategy i brand architecture, brand pr...
Designing and implementing a branding strategy i brand architecture, brand pr...
Rappi Tonmoy
 
Culture of Consumer Behavior
Culture of Consumer BehaviorCulture of Consumer Behavior
Culture of Consumer BehaviorRupesh Poddar
 
Advertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formatsAdvertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formats
Nijaz N
 
Brand Management-Nike
Brand Management-NikeBrand Management-Nike
Brand Management-Nike
Cletus Monteiro
 
Repositioning strategies
Repositioning strategiesRepositioning strategies
Repositioning strategies
MUHAMMAD HASRATH
 
Brand hierarchy
Brand hierarchyBrand hierarchy
Brand hierarchy
Mukul Babbar
 
Brand leveraging
Brand leveragingBrand leveraging

What's hot (20)

brand elements and how nike use brand elements.
brand elements and how nike use brand elements.brand elements and how nike use brand elements.
brand elements and how nike use brand elements.
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentation
 
Aaker Brand Equity Model
Aaker Brand Equity Model Aaker Brand Equity Model
Aaker Brand Equity Model
 
Brand association and brand image - Introduction to Branding
Brand association and brand image - Introduction to BrandingBrand association and brand image - Introduction to Branding
Brand association and brand image - Introduction to Branding
 
Brand extension
Brand extensionBrand extension
Brand extension
 
Chapter 6 ((integrating marketing communications to build brand equity)
Chapter 6 ((integrating marketing communications to build brand equity)Chapter 6 ((integrating marketing communications to build brand equity)
Chapter 6 ((integrating marketing communications to build brand equity)
 
Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)
 
Brand Revitalization
Brand RevitalizationBrand Revitalization
Brand Revitalization
 
Intro to Branding & Brand management - Elkottab
Intro to Branding & Brand management - ElkottabIntro to Branding & Brand management - Elkottab
Intro to Branding & Brand management - Elkottab
 
Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand management
 
MANAGING BRANDS OVER TIME
MANAGING BRANDS OVER TIMEMANAGING BRANDS OVER TIME
MANAGING BRANDS OVER TIME
 
Integrated Marketing Communications at Nike
Integrated Marketing Communications at NikeIntegrated Marketing Communications at Nike
Integrated Marketing Communications at Nike
 
Brand repositioning
Brand repositioningBrand repositioning
Brand repositioning
 
Designing and implementing a branding strategy i brand architecture, brand pr...
Designing and implementing a branding strategy i brand architecture, brand pr...Designing and implementing a branding strategy i brand architecture, brand pr...
Designing and implementing a branding strategy i brand architecture, brand pr...
 
Culture of Consumer Behavior
Culture of Consumer BehaviorCulture of Consumer Behavior
Culture of Consumer Behavior
 
Advertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formatsAdvertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formats
 
Brand Management-Nike
Brand Management-NikeBrand Management-Nike
Brand Management-Nike
 
Repositioning strategies
Repositioning strategiesRepositioning strategies
Repositioning strategies
 
Brand hierarchy
Brand hierarchyBrand hierarchy
Brand hierarchy
 
Brand leveraging
Brand leveragingBrand leveraging
Brand leveraging
 

Similar to Product brand matrix

Unit 6 designing & sustaining branding strategies - MBA SEM 3rd
Unit 6  designing & sustaining branding strategies - MBA SEM 3rdUnit 6  designing & sustaining branding strategies - MBA SEM 3rd
Unit 6 designing & sustaining branding strategies - MBA SEM 3rd
ARCHANA KUMARI
 
Designing and implementing branding strategies by Leroy J. Ebert chapter 11
Designing and implementing branding strategies by Leroy J. Ebert chapter 11Designing and implementing branding strategies by Leroy J. Ebert chapter 11
Designing and implementing branding strategies by Leroy J. Ebert chapter 11
LeRoy J. Ebert MCIM Chartered Marketer (UK), MBA (AUS)
 
Cb12e basic ppt ch13
Cb12e basic ppt ch13Cb12e basic ppt ch13
Cb12e basic ppt ch13Eric
 
Developing and ManagingProductsUnrestricted• Sus.docx
Developing and ManagingProductsUnrestricted• Sus.docxDeveloping and ManagingProductsUnrestricted• Sus.docx
Developing and ManagingProductsUnrestricted• Sus.docx
hcheryl1
 
Module_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptxModule_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptx
rajalakshmi5921
 
Brand presentation
Brand presentationBrand presentation
Brand presentation
Rappi Tonmoy
 
Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)
Chelbert Yuto
 
Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycleDr. J. Jayapradha Varma
 
Ch 6 product and distribution strategies
Ch 6 product and distribution strategiesCh 6 product and distribution strategies
Ch 6 product and distribution strategies
Abdul Samad
 
Strategic brand-management
Strategic brand-managementStrategic brand-management
Strategic brand-management
ummasdea
 
Strategic brand-management
Strategic brand-managementStrategic brand-management
Strategic brand-management
ummasdea
 
Brand Management.pptx
Brand Management.pptxBrand Management.pptx
Brand Management.pptx
ORHANGENCEL1
 
Product line
Product lineProduct line
Product line
Lovely Ann Caluag
 
productline-150620013625-lva1-app6891.pdf
productline-150620013625-lva1-app6891.pdfproductline-150620013625-lva1-app6891.pdf
productline-150620013625-lva1-app6891.pdf
جامعة العلوم والتكنولوجيا - فرع إب
 
20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx
HumphreyMartey
 
Product and brand management
Product and brand managementProduct and brand management
Product and brand managementFe Edith Oronico
 
Levels of producut ( Marketing )
Levels of producut ( Marketing )Levels of producut ( Marketing )
Levels of producut ( Marketing )
sero210
 
STRATEGIC MARKETING.pptx
STRATEGIC MARKETING.pptxSTRATEGIC MARKETING.pptx
STRATEGIC MARKETING.pptx
SandhyaRaj30
 

Similar to Product brand matrix (20)

Unit 6 designing & sustaining branding strategies - MBA SEM 3rd
Unit 6  designing & sustaining branding strategies - MBA SEM 3rdUnit 6  designing & sustaining branding strategies - MBA SEM 3rd
Unit 6 designing & sustaining branding strategies - MBA SEM 3rd
 
Designing and implementing branding strategies by Leroy J. Ebert chapter 11
Designing and implementing branding strategies by Leroy J. Ebert chapter 11Designing and implementing branding strategies by Leroy J. Ebert chapter 11
Designing and implementing branding strategies by Leroy J. Ebert chapter 11
 
Cb12e basic ppt ch13
Cb12e basic ppt ch13Cb12e basic ppt ch13
Cb12e basic ppt ch13
 
Developing and ManagingProductsUnrestricted• Sus.docx
Developing and ManagingProductsUnrestricted• Sus.docxDeveloping and ManagingProductsUnrestricted• Sus.docx
Developing and ManagingProductsUnrestricted• Sus.docx
 
Module_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptxModule_-_3_Product_Mgt_&_Pricing[1].pptx
Module_-_3_Product_Mgt_&_Pricing[1].pptx
 
Brand presentation
Brand presentationBrand presentation
Brand presentation
 
Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)Product Life Cycle (Managing Products and Brands)
Product Life Cycle (Managing Products and Brands)
 
Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycle
 
Ch 6 product and distribution strategies
Ch 6 product and distribution strategiesCh 6 product and distribution strategies
Ch 6 product and distribution strategies
 
Strategic brand-management
Strategic brand-managementStrategic brand-management
Strategic brand-management
 
Strategic brand-management
Strategic brand-managementStrategic brand-management
Strategic brand-management
 
Brand Management.pptx
Brand Management.pptxBrand Management.pptx
Brand Management.pptx
 
Product line
Product lineProduct line
Product line
 
productline-150620013625-lva1-app6891.pdf
productline-150620013625-lva1-app6891.pdfproductline-150620013625-lva1-app6891.pdf
productline-150620013625-lva1-app6891.pdf
 
own_brand_buying-1
own_brand_buying-1own_brand_buying-1
own_brand_buying-1
 
20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx20220117201943-Lecture 4 _ 5.pptx
20220117201943-Lecture 4 _ 5.pptx
 
Product and brand management
Product and brand managementProduct and brand management
Product and brand management
 
Marketing
MarketingMarketing
Marketing
 
Levels of producut ( Marketing )
Levels of producut ( Marketing )Levels of producut ( Marketing )
Levels of producut ( Marketing )
 
STRATEGIC MARKETING.pptx
STRATEGIC MARKETING.pptxSTRATEGIC MARKETING.pptx
STRATEGIC MARKETING.pptx
 

More from Akhil Arora

B+l ppt by akhil 18001703002
B+l ppt by akhil 18001703002B+l ppt by akhil 18001703002
B+l ppt by akhil 18001703002
Akhil Arora
 
customer information database
customer information databasecustomer information database
customer information database
Akhil Arora
 
consumer behaviour
consumer behaviourconsumer behaviour
consumer behaviour
Akhil Arora
 
Grofers
Grofers Grofers
Grofers
Akhil Arora
 
evolution of hrm
evolution of hrm evolution of hrm
evolution of hrm
Akhil Arora
 
reliance group
reliance groupreliance group
reliance group
Akhil Arora
 
jcb
jcb jcb
time management
time managementtime management
time management
Akhil Arora
 
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENTFINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT
Akhil Arora
 

More from Akhil Arora (9)

B+l ppt by akhil 18001703002
B+l ppt by akhil 18001703002B+l ppt by akhil 18001703002
B+l ppt by akhil 18001703002
 
customer information database
customer information databasecustomer information database
customer information database
 
consumer behaviour
consumer behaviourconsumer behaviour
consumer behaviour
 
Grofers
Grofers Grofers
Grofers
 
evolution of hrm
evolution of hrm evolution of hrm
evolution of hrm
 
reliance group
reliance groupreliance group
reliance group
 
jcb
jcb jcb
jcb
 
time management
time managementtime management
time management
 
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENTFINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT
 

Recently uploaded

How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Marketing as a Primary Revenue Driver - Lee Levitt
Marketing as a Primary Revenue Driver - Lee LevittMarketing as a Primary Revenue Driver - Lee Levitt
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
VWO
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
Andy Lambert
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
Felipe Bazon
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Search Engine Journal
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
TravisMalana
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
A Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine OptimizationA Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine Optimization
Brand Highlighters
 
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
Vbout.com
 
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness ReportThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Valters Lauzums
 

Recently uploaded (20)

How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
 
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel BussiusYour Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
Your Path to Profits - The Game-Changing Power of a Marketing - Daniel Bussius
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 
Marketing as a Primary Revenue Driver - Lee Levitt
Marketing as a Primary Revenue Driver - Lee LevittMarketing as a Primary Revenue Driver - Lee Levitt
Marketing as a Primary Revenue Driver - Lee Levitt
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLC
 
SEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital MarketingSEO as the Backbone of Digital Marketing
SEO as the Backbone of Digital Marketing
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Generative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter WeltmanGenerative AI - Unleash Creative Opportunity - Peter Weltman
Generative AI - Unleash Creative Opportunity - Peter Weltman
 
A Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine OptimizationA Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine Optimization
 
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
 
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness ReportThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness Report
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
 

Product brand matrix

  • 2. Branding strategy • Is the means by which the firm help consumers understand its products and services and organize them in their minds. • Two important strategic tools: The brand-product matrix and the brand hierarchy help to characterize and formulate branding strategies by defining various relationships among brands and products.
  • 3. Branding Strategy or Brand Architecture • The branding strategy for a firm reflects the number and nature of common or distinctive brand elements applied to the different products sold by the firm. • Which brand elements can be applied to which products and the nature of new and existing brand elements to be applied to new products
  • 4. The role of Brand Architecture • Clarify: brand awareness • Improve consumer understanding and communicate similarity and differences between individual products • Motivate: brand image • Maximize transfer of equity to/from the brand to individual products to improve trial and repeat purchase
  • 5. Brand-Product Matrix 1 2 3 4 A B C Products Brands
  • 6. Understanding Matrix • Product line • A group of products within a product category that are closely related • Product mix (product assortment) • The set of all product lines and items that a particular seller makes available to buyers • Brand mix (brand assortment) • The set of all brand lines that a particular seller makes available to buyers
  • 8. Brands A B C D 1 2 3 4 Brand extension strategy
  • 9. Brands A B C D 1 2 3 4 Brand portfolio strategy
  • 10. Breadth of a Branding Strategy • Breadth of product mix • Aggregate market factors • Category factors • Environmental factors • Depth of product mix • Examining the percentage of sales and profits contributed by each item in the product line • Deciding to increase the length of the product line by adding new variants or items typically expands market coverage and therefore market share but also increases costs
  • 11. Depth of a Branding Strategy • The number and nature of different brands marketed in the product class sold by a firm • Referred to as brand portfolio • The reason is to pursue different market segments, different channels of distribution, or different geographic boundaries • Maximize market coverage and minimize brand overlap
  • 13. Designing a Brand Portfolio • Basic principles: • Maximize market coverage so that no potential customers are being ignored • Minimize brand overlap so that brands aren’t competing among themselves to gain the same customer’s approval
  • 14. Brand Roles in the Portfolio • Flankers • Cash cows • Low-end entry-level • High-end prestige brands
  • 15. Brand Architecture Guidelines • Adopt a strong customer focus • Avoid over-branding • Establish rules and conventions and be disciplined • Create broad, robust brand platforms • Selectively employ sub-brands as means of complementing and strengthening brands • Selectively extend brands to establish new brand equity and enhance existing brand equity

Editor's Notes

  1. 71
  2. 66
  3. 66
  4. 66
  5. 66
  6. 66