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Product & Brand Management: Branding (Tactical)
Product & Brand Management: Branding (Tactical)
Product & Brand Management: Branding (Tactical)
MANAGEMENT
Branding [tactical]
Fundamentals
Brand namakarana – Its Brand name – criteria
significance Naming tradeoffs
Brand name types Brand name development
process
Brand namakarana [Significance]
Identify
Communicate
Protect
Enable
Brand name types
Descriptive Blended / bridged
Business category evident Two / more words or parts of
Idiomatic words
Expressions unique to
Invented
language whose meaning Made-up & non-sensical
cannot be simply predicted Name’s origin, structure,
from meaning of its and / or level of meaning?
constituents Acronym
Connotative Initial letters of name,
Something about brand combine initial letters or
parts of a series of words
Surname Altered / constructed
Arbit One word
Existing word in new context
Naming trends
1890s - ine suffix Ova ltine, Listerine, Va seline
1900s - o suffix Brillo, Bra sso
surna mes Ea stma n's, Ha rrod's
1920s - ex suffix Pyrex, Kleenex, Cutex, Windex
1930s - ma ster suffix Mixma ster, Toa stma ster
Sea t-O-Ma tics & Cruise-O-Ma tics
1940s - ma tic suffix
[ca rs], Ezy-Ma tic Corners [sheets]
1950s Na mes [surna me or given] Edsel, Mrs. Pa uls
1960s - 1970s Acronyms AT&T, 3M, IBM, GM
1980s Lite, Light, Air AirJorda n, Bud Light
1996 Ultra , Mega , Opti, Super
Extreme, Authentic, Interna tiona l, Silver,
1997
Genuine
1998 Globa l, Virtua l, Cyber, Psychic
Dot.com, e - & I - prefixes, nos. &
1999
letters, Millenium, Gold, descriptive
Connota tive & flexible na mes, 1 - word
2000
na mes
Source: Glenn Gunderson, Trademark Trends Report, 1997, Andrew McCrum,“Brand Names Today Compared to Those 100 Years Ago,”
Brand Management 8(2), November 2000, pp. 111-120, Susan Fournier et al., University of South California [5-502-029, 2002]
Brand name – criteria
Communicable
Relevant
Memorable
Distinctive
Likeable & appealing
Pronounceable
Protect-able
Global
Durable
Versatile
Relative importance of criteria
Relative importance of criteria
1 Releva nce to product ca tegory 5.99%
2 Connota tions 5.83%
3 Overa ll liking 5.79%
4 Recognition [Ea se of] 5.77%
5 Distinctiveness 5.49%
6 Reca ll [Ea se of] 5.42%
7 Tra dema rk registra tion [Ea se of] 5.14%
8 Pronuncia tion [Ea se of] 5.07%
9 Profa ne / nega tive connota tions [Absence of] 4.59%
10 Versa tility [For use with other products] 3.61%
11 Globa lity [Ca rries over to other la ngua ges / cultures] 3.18%
Source: Chiranjeev Kohli and douglas W. LaBahn, “Observations: Creating Effective Brand Names:
A study of the Naming Process,” Journal of Advertising Research, Jan. / Feb. 1997, pp. 67-75.
Naming tradeoffs
Familiar vs. memorable
Cost efficient vs. flexible
Versatile vs. risk of becoming meaningless
Semantic & linguistic relevant vs. global
Communicable vs. protect-able
Brand name development process
Brand Name
Brand & Business Strategy
Creativity / Generation
Disciplined Evaluation / Decision
Design & Launch
Good brand name
Brand’s Role / Purpose
Arbit combi will work
Purely for identification
Neologism
Expression / new meaning
Kodak, Nerf
Special purpose
Help position brand
Use letters that already have meaning
Care Free, Die Hard, Holiday Inn
Good brand name
Products as bridgehead to line Physical / sensory qualities of
of products brand
Not limit firm Easy to pronounce, spell &
‘Liquid Plumr’ – to line of remember
crystals Honda’s Acura, Grey Poupon,
‘Western Hotels’ - to Haagen – Dazs
Western Clear & relevant message
Long term market position Product characteristics
More general & less dramatic ‘Isovis’ motor oil [equal /
name – preferred constant velocity]
But - if to be in the market Brand insult [irritate particular
temporarily market group]
Screaming Yellow Rolls Royce Silver Mist
Zonkers Snacks [manure in German]
Practitioner’s suggestions
Digitals for modernity Geographic connotations
“Evening in Paris”
Family brands Ridiculous
Quick Embellished ordinary word
Cheap Odd letter
Void of surprises “Citi bank” vs. “City bank”
Use ‘stop’ letters, ‘plosives’ Borrow clout
“The” for Dignity
“The Glenlivit”
Personalities
“Reggie Jackson candy bars”
Attention grabber
“My Sin Cologne”
Reinforced low price
“Klassy Kut Klothes”
Letter play
“Natures as Serutan”
Symbol
“Traveller’s Red Umbrella”, “Prudential’s
Rock”