Professional Documents
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Module 1 B MGMT
Module 1 B MGMT
Module 1 B MGMT
• Concept of a brand
• Brand Name
• Product versus brand
• Competition and Brand
• Goods & Services brands,
• Retailer & Distributor,
• People & Organization brands
• Brand challenges & Opportunities,
• Brand equity concept, Identity and Image
2
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Core Marketing Concepts 3
49%
Marketing
Inbound Outbound
Activities
Primary
Ma
Operations & Services
Logistics logistics
10% Sales
rgin
2% 2% 10%
25%
s
Firm Infrastructure 25%
s
Supporting
rgin
Human Resource Management 1%
Activities
51%
Ma
Technology Development 20%
Procurement 5%
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Dubai Before 4
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Dubai TRANSFORMATION 7
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Dubai VISION 8
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Dubai TRANSFORMATION 9
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Dubai TRANSFORMATION 10
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Dubai STRATEGY? 12
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Branding
– No branding, no differentiation.
Brand
Derived From the word
“Old Norse”
Brandr
Meaning
“To Burn”
What is a Brand?
Name,
Term,
Sign,
Symbol, or
Design, or a
Combination of them,
Intended to Identify the
Goods & Services of
one seller or a group of
sellers and
to Differentiate them from those
of the COMPETITORS
(American Marketing Association).
Branding
• What is this definition missing?
– It focuses on the physical and tangible aspects of brands
Brand Elements
• Brand elements sometimes called brand identities are
trademarkable devices that serve to identify and
differentiate the Brand
Augmented
Product
Expected Product
Additional
Set of attributes
product attributes ,
buyers normally expect
benefits,
services
Distinguishing from
Generic Product competitors
Containing only those
attributes which
Necessary for functioning
No distinguishing features
Core Product
It is the fundamental Need or Want that consumers
satisfy by consuming the product or Services
Levels of Product Branding
PRODUCT MIX STRATEGIES
Product Levels
Potential
Augmented
Bufori car
Kula-Lumpur
Generic Customized 300/year
900man hours
$250,000
Branded Differentiated
Branding
AC Product levels
Branding
Distinguishing factor
Service (LIC)
Person (SRK)
Place (Kashmir)
Organisation (CRY)
Product
Symbols
Scope
Country of
Attributes
origin
Uses
Quality Brand /Customer
User imagery Value relationship
Functional
benefits
Self expressive
Emotional benefits Benefits
Branding
• Product includes characteristics such as
Scope Colgate dental hygiene products
Attributes Filmfare gives Entertainment news
Uses Mahindra make trucks for rough terrain
Quality/Value Tata deliver quality product
Functional benefits Big Bazaar provides extra value
The New Coke debacle taught Coca-Cola a very imp, albeit painful
and public, lesson about its brand. Coke clearly is not just seen as a
beverage or thirst-quenching refreshment by consumers.
Rather, it seems to be viewed as more of an American icon, and
much of its appeal lies not only in its ingredients but also in what it
represents in terms of Americana, nostalgia, and its heritage and
relationship with consumers. Coke’s brand image certainly has
emotional components, and consumers have a great deal of strong
feelings for the brand.
Coca-Cola’s Branding Lesson
Although Coca-Cola made a number of other mistakes in
introducing New Coke (both its advertising and its packaging
probably failed to clearly differentiate the brand and communicate
its sweeter quality), its biggest slip was losing sight of what
the brand meant to consumers in its totality.
Consumers
• Brands are important signals of quality and other
like brand for characteristics to consumers for these types of
the following products
reasons
Branding
• Brands can reduce risk in product decisions
• National geography
Brand Policies
• Individual branding
• Family branding
• Corporate branding
Branding
Individual branding
• Promotional cost need not be high as ther will always be a halo effect
across all the brands.
Corporate Brands
• Many retail brands adopt a single umbrella brand based on the name of
the organization which is then used at all locations.
Tesco, Carrefour, Wal-Mart.
Brand Extension
• Mars successfully leveraged their confectionary bar into the ice cream
market.
Packaging
• Communicative
To make the brand choice
Package contents features, usage, warnings
To develop positive attitudes towards the product
Labeling
• Why do you think this brand was successful despite the poor quality
of the original contents?
• How would u design the label and packaging and what key points to
be considered?
Branding
Types of Brands
• There are three main types of Brands
1. Manufacturer
2. Distributor
3. Generic
Branding
Types of Brands
Manufacturer Brands
• Retailers such as Big Bazaar, More, Sainsbury, Next, have all created
strong brands.
• Retailers can earn higher margins and develop strong store image
• Conflict like Coca Cola had to defend their brand when Sainsbury new
cola drink was too similar to the established design
Branding
Types of Brands
Generic Brands
• These are brands that are sold without any promotional material or
any means of identifying the company.
There are many different ways in which the value of the brand can be
exploited to benefit the firm
Brand & brand Management
Brand Equity
95
Strategic Brand Management Process
Mental maps, Points of Parity &
Identify & Establish
Differentiation, Competitive frame of
Brand Positioning references
96
Strategic Brand Management Process
Mental maps, Points of Parity &
Identify & Establish
Differentiation, Competitive frame of
Brand Positioning references
• Brand DNA
Brand
Brand DNA Implementation
Brand Sponsor
Vision/Mission External
Brand Champions
Values Stakeholders
Direction, Energy, Programs
Promise Brand
Support, Resources
Brand Identity Delivery
Organization
Terminology
• Vision is what the organization wants to be “when it grows up”.
Internal External
Brand DNA Branding
Branding
Vision Marketing Communication
Internal Communication
Mission Price, Place
Brand Champions
Promise Sales and Channel
Brand Engagement
Values Employee-Customer
Living the Brand
Identity Interaction
Brand Position
Brand Image Brand Identity Part of the brand identity
How the company wants and value proposition to
How the consumer sees
the brand to be be actively
the brand
perceived communicated to the
target audience
Positioning
Act of designing the company’s offer and image so that it
occupies a distinct and valued place in the target
customer’s mind
Positioning Guidelines
• Points of Difference
– Emphasize sustainable competitive advantage (SCA), unique
selling proposition (USP)
• Points of Parity
– Establish that the brand is “as good” as the competition on these
“necessary, but not sufficient” conditions
Brand DNA - Identity, Image, Personality and Position
• Brand Identity
– Unique associations the company wants to create
Brand Position
Extended Identity
Core Identity
Brand Identity System (Aaker 1996)
Strategic Brand Analysis
Customer Analysis Competitor Analysis Self Analysis
Brand Identity
Brand Brand Brand Brand
as a Product Organization as a Person Symbol
Brand-Customer Relationship
Brand Position
1. Subset of Identity/Value Proposition 2 . Target Audience
3. Communicate 4. Establish Uniqueness & Competitive Advantage
Execution
Tracking
Alternatives Symbols/Metaphors Testing
Brand DNA - Identity, Image, Personality and Position
Customer Analysis
• Motivations
• Trends
• Unmet Needs
• Segments
• Profile
Brand DNA - Identity, Image, Personality and Position
Competitor Analysis
• Brand Image
• Brand Identity
• Strengths
• Weaknesses
Brand DNA - Identity, Image, Personality and Position
Self-Analysis
• Existing Brand Image
• Brand Heritage
• Strengths/Capabilities
• Organizational Values
Brand Identity Structure
• Core Identity
• The essence of the brand, often timeless
• Associations that usually do not change over time/space
• Extended Identity
• Elements that provide texture, richness and completeness to the
brand identity
• Value Proposition
• Relative Price
• Functional / Emotional / Self-expressive Benefits
• Makes the case for why customers should buy this brand
Brand Personality
Source: brandchannel.com
Know UR Brand
1. This brand name was coined after the word Dyspepsia meaning
stomach ache or indigestion.
2. This brand is one of the largest selling single detergent brand in the
world.
3. This bank gave India its first ATM in 1987
4. Dalsey, Hillblom & Lynn the three friends started this company in 1969
5. This is the single largest entity to have sold more Ray Ban glasses
than any one in the world
6. He is the first Finance minister of India manufacturing pressure
cookers
7. This quiz contest is India’s longest running national school quiz
8. Hospital was named after the first spacecraft that landed on the moon
9. On the basis of National readership survey 2005 this is the largest
read daily in the world with a readership of 21.2 million.
10. The Indian rice brand to be sold in over 45 countries and selling at
TESCO and Wal-Mart.
Know UR Brand
1. Pepsi
2. Nirma
3. HSBC
4. DHL
5. Shoppers stop
6. TTK Prestige T T Krishnamurthy
7. Bourn vita quiz contest
8. Apollo hospitals
9. Dainik Jagran
10. Kohinoor Basmati Rice