Professional Documents
Culture Documents
Brand Management
Brand Management
TO
EVERYONE
PRESENTATION
ON
BRAND MANAGEMENT
By: Vikram Pal
BRANDING DECISIONS
The
The brand
brand decision
decision consists
consists of
of six
six level
level of
of decision
decision making
making
Brand
Brand or
or Brand
Brand Brand
Brand Brand
Brand Brand
Brand Brand
Brand
not
not to
to label
label symbol
symbol philosoph
philosoph strategy
strategy market
market
brand
brand decision
decision decision
decision y
y decision
decision decision
decision decision
decision
1. BRAND OR NOT TO BRAND
The first branding decision is whether to develop a
brand name for a product or sell an unbranded
product.
Unbranded product is considered as a commodities
and have nothing substantial to different them
from competing products in the market.
i. Individual branding.
ii. Blanket family branding.
iii. Separate family branding.
iv. Hybrid branding.
CONT……
i. Individual branding: Companies often use different
brand names for different quality lines within the same
product class .its major advantage is that the company
does not tie its reputation to the products .If the
product fails, the company’s image or name is not hurt.
Multiple-sponsor co-branding
1. Intergradient co-branding: when a brand advertises
that it has used ingredients or components made by
the another brand it is known as intergradient co-
branding.
ADVANTAGES:
1. NEW PRODUCT SUCCESS
a) Brand extensions improve the odds of new product
success in a no. of ways.
b) Extensions reduces risk
CONT…
c) It is easier to convince retailers to stock & promote a
brand extension
d) reduced cost of introductory launch campaign
e) it can also avoid the difficulty & expense of coming
up with a new name
2. POSITIVE FEEDBACK EFFECTS
a) provide feedback benefits
b) help to clarify the meaning of brand &
its core brand values or improve consumer
perceptions of company.
CONTT…
DISADVANTAGES:
a) brand dilution occurs
b) Extensions may confuse & even frustrate
consumers
c) Extensions not only, does it fail, but it harms the
parent brand
d) By introducing a new product as a brand
extensions, the firm foregoes the chance to create a
new brand with its own unique image& equity
MULTIPLE BRANDING
It is the strategy of developing two or more
brands in the same product category.