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Personal Finance Education
                            Outline Lesson Plan
                                  Branding

Key Stage 3                Unit 1                     Duration: 50 minutes

Learning Objectives
Financial Knowledge        Financial Skills           Financial
Students gain an           Students learn to          Responsibility
understanding into the     consider the difference    Students learn about
branding of products       in cost when buying        how spending choices
                           branded and non-           can be affected by
                           branded products           branding


Resources
• ‘Branding Secrets’ PowerPoint
• ‘Which trainer would you choose?’
• Which trainer information cards
• Which trainer – teacher notes
• ‘Spending Choices’ worksheet


Activities
Starter
Present PowerPoint with the logos of various well known brands. Students
identify as many as possible. Reveal the answers and briefly discuss why
companies have brands.

Main
• Present the e-bay scenario on the PowerPoint. Students identify factors
  they would like to know before buying the item. (Some anticipated
  answers are shown on the next slide which could be used to prompt
  discussion)
• ‘Which trainer’ activity. Follow instructions on ‘Teacher notes’.
• Present PowerPoint slide with brand logos. Students think about what they
  all have in common and feedback. Discuss the fact that all brands are
  owned by the same company. Discuss why these brands compete against
  each other if they are owed by the same company (If a consumer doesn’t
  like Calvin Klein, they will probably select another brand, like DKNY. This
  means the company that owns them all still gains the consumer’s money).
• Students consider the price difference over a year of not buying branded
  biscuits and whether they would be persuaded to buy non-branded
  biscuits. Students work out the price difference over a year (final slide on
  PowerPoint). Discuss the idea that supermarket brands could be made by
  the branded company.

Plenary
Students complete spending choices sheet. Discussion points: Were you
happy with your decision? Would you want to change your mind and why?
What influenced your choice? Would you make a different decision if you had
more information? What else would you want to know about the goods and
services chosen?

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Branding

  • 1. Personal Finance Education Outline Lesson Plan Branding Key Stage 3 Unit 1 Duration: 50 minutes Learning Objectives Financial Knowledge Financial Skills Financial Students gain an Students learn to Responsibility understanding into the consider the difference Students learn about branding of products in cost when buying how spending choices branded and non- can be affected by branded products branding Resources • ‘Branding Secrets’ PowerPoint • ‘Which trainer would you choose?’ • Which trainer information cards • Which trainer – teacher notes • ‘Spending Choices’ worksheet Activities Starter Present PowerPoint with the logos of various well known brands. Students identify as many as possible. Reveal the answers and briefly discuss why companies have brands. Main • Present the e-bay scenario on the PowerPoint. Students identify factors they would like to know before buying the item. (Some anticipated answers are shown on the next slide which could be used to prompt discussion) • ‘Which trainer’ activity. Follow instructions on ‘Teacher notes’. • Present PowerPoint slide with brand logos. Students think about what they all have in common and feedback. Discuss the fact that all brands are owned by the same company. Discuss why these brands compete against each other if they are owed by the same company (If a consumer doesn’t like Calvin Klein, they will probably select another brand, like DKNY. This means the company that owns them all still gains the consumer’s money). • Students consider the price difference over a year of not buying branded biscuits and whether they would be persuaded to buy non-branded biscuits. Students work out the price difference over a year (final slide on PowerPoint). Discuss the idea that supermarket brands could be made by the branded company. Plenary Students complete spending choices sheet. Discussion points: Were you
  • 2. happy with your decision? Would you want to change your mind and why? What influenced your choice? Would you make a different decision if you had more information? What else would you want to know about the goods and services chosen?