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Top Ten Brands in The World
Top Ten Brands in The World
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Coca-Cola Microsoft IBM General Electric Nokia Toyota Intel Macdonalds Disney Mercedes Benz
STEPS IN BRANDING
1. Look at the needs and wants 2. Examine the ability to satisfy the needs/wants 3. Determine the buyer segments (e.g.) roasters, cafes, supermarkets, consumers 4. Develop the right care product for each grouping
5. Take great care in naming and coming up with the right packaging and identity for the brands. Ensure the promise can be delivered and that an emotional relationship can be built. Aim is to reach brand insistence. 6. Even the launch activities, the point of sale material, the adverts must reinforce the desired brand image
7. Put in place a brand management system. Birth of the brand is not the difficult part, it is the maintenance!