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“Brand = Mindset”
• The sum of all communications and services received by the consumer
• Resulting in a distinctive in their “mindset”
• Based on perceived emotional and functional benefits.
A PRODUCT MAY BE :
A BRAND IS:
“More specifically, what distinguishes a brand form its unbranded commodity counterpart and gives it
equity is the sum total of consumer’s perceptions and feelings about the product’s attributes and how they
perform, about the brand name and what it stands for, and about the company associated with the brand”
CONSUMERS
MANUFACTURES
WHAT IS BRANDING?
“Branding is business process of managing you trademark portfolio so as to maximize the value of the
experiences associated with it, to the benefits of your key stakeholders especially current and prospective”.
KEY STAKEHOLDERS:
Employees, Customers, Stock/Share Holders, Suppliers, Intermediaries, Opinion Leaders, Local
Communities, Purchasers and Licenses
1. IT’S CENTRAL ORGANIZING THOUGHT – Defining it for internal and stakeholder use in one
sentence.
2. IT’S SLOGAN – defining it for use with customers in one sentence
3. IT’S PERSONALITY – what would it be like if it were a human being?
4. IT’S VALUES – what does it stands For/Against
5. IT’S TASTES PREFERENCES – what does it look like? What does it sound like? What does it likes
and dislikes
6. IT’S HERITAGE – what are the stories you tell about/ what sort of brand it is?
7. IT’S EMOTIONAL BENEFITS – how it avoids/reduces pain or increases pleasure
8. IT’S HARD BENEFITS – What does the brand offers to it’s customers in tangible, quantifiable
terms- features, advantages, benefits.
BRAND ELEMENTS
BRAND CHARACTER
A living or non- living personality which can be associated with a brand. Eg – Doughboy of Pillsbury Atta.
(“belly poke” “giggle”)
Research Criteria
Fitness with name, slogan, associations, packaging, advertising, competitors, brand extensions, likeability,.
BRAND LOGO
Combination of shapes and colors, which creates an identity for the brand.
Elements of Logo:-
1. Brand name
2. Geometric shape
3. Color
4. Slogan
5. Font
“A brand name summarizes various relevant and irrelevant aspects as well as copy, audio & visual aspects
of a product which customers can sense”.
Naming guidelines:-
1. Descriptive – Singapore airlines
2. Suggestive – Sunsilk
3. Compounds – UCB
4. Classical – Raaga
5. Arbitrary – Apple, Kodak
6. Fanciful – Xerox
Naming procedure
1. Define the ideal meaning that the brand should take.
2. Generate as many names as possible.
3. Screen names based on branding objectives and marketing considerations.
4. Collecting more extensive information on each of the final 5 to 10 names.
5. Consumer research to confirm management expectations.
6. Choosing the name that maximizes the firm’s objective.
BRAND EXTENSION
“Brand extension is when a firm uses an established brand name to introduce a new product”.
Line Extension and Category extension.
“When a new brand is combined with an existing brand”. Eg – Lifebuoy Gold, Junior Horlicks.
“Co-branding also called as brand bundling or brand alliances – occurs when two or more brands are
combined into a joint product or are marketed together in some fashion”
“Corporate brand image needs to be thoroughly thought out, planned, nurtured, executed, monitored and,
when necessary modified. It’s the organization’s most valuable commodity & deserves to be always be
treated as such”
Corporate Image dimensions
1. Common product, attributes, benefits and attitudes – high qualityimage, innovative image.
2. People & Relationships – Customer focused image, employee focused.
3. Values and Programs – Socially responsible, environmentally concerned.
4. Corporate credibility – Expertise, Trustworthiness, Likeability.
Brand Association – The degree to which a brand name is associated with a product classification.
Types
1. Qualitative: feels good after Pepsi.
2. Quantitative: Vim enough to clean number of utensils.
3. Absolute: Ariel removes stains.
4. Relative: Nirma does not give whiteness like Rin.
5. Negative: Nirma powder fades clothes.
6. Positive: Frooti has a good taste.
7. Generic: Any bottled water is Bisleri.
BRAND IMAGE
BRM – An integrated effort to establish, maintain, and enhance relationships between a brand and its
consumers, and to continuously strengthen these relationships through interactive, individualized and value-
added contacts, and a mutual exchange and fulfillment of promises over a long period of time.
BRM requires:-
1. A deep understanding of customer expectations, attitude and behavior through a well organized and
managed customer database.
2. Innovative customer strategies, which are based on the results of thorough customer analysis, which
consequently, address the major issues pointed out by the analysis.
• Linking brand and the customer together – The length and strength of the customer relationship is a
result of the relative value the customer perceives in the brand.
• Customer Equity is driven by Brand Equity.
• Customer – Centric Revenue management.
BRM Journey
Step 1: Actionable insight – key value drivers, utility, buying patterns, actual choices, market response
profile.
Step 2: Actionable segments – Profitability, usage, common needs.
Step 3: Value Propositions – Offers & the need, value of the brand, understanding trade offs.
Step 4: Develop a relationship – Mechanism to create positive interactions for satisfaction, loyalty growth,
and life time relationship.
Step 5: Measure the ROI – economic framework, spending allocation model, LTV, investment options.
BRAND LOYALTY
“Brand loyalty is the degree to which a customer holds a positive attitude towards the brand, a commitment
to it, and intends to continue purchasing it in the future”
BRAND EQUITY
“Brand equity is a set of assets (and liabilities) linked to a brand’s name and symbol that adds to )or
subtracts from)the value provided by a product or service. The major assets are:-
1. Brand name awareness
2. Brand loyalty
3. Perceived quality
4. Brand associations
4. RELATIONSHIPS
(What about you & me)
3. RESPONSE
(What about you)
2. MEANING
(What are you?)
1. IDENTITY
(Who are you?)
SUCCESSFUL BRANDING
Brand manager’s communication role Coordinator of limited options Tem leader of limited
communication options
Communication focus External/Customer Internal as well as external
CA
Brands ------
------
-A
M A
BRAND VALUE CHAIN is a structured approach to assessing the sources and outcomes of brand equity
and the manner in which marketing activities create brand value.
Market Challenger
1. Frontal attack
2. Flank attack encirclement attack
3. By- pass attack
4. Guerrilla attack
5. Specific attack – price, quality, variety, innovation, newness, new channel, reduce cost, increase
advertising.
Market Follower
1. Counterfeiter – Black market
2. Cloner – brand name
3. Imitator – differentiates through advertising, packaging
4. Adapter – Improves the product.
Market Nicher
1. Vertical level specialist
2. Customer size specialist
3. Specific size specialist
4. Geographic specialist
5. Product line
6. Product feature
7. Quality / Price
8. Service specialist
9. Channel specialist
BRAND PLANNING
“It starts with recognizing the need to deliver superior value, analyzing product & market evolution, PLC,
developing the offer, suitably pricing it and delivering by multi-period marketing plans and budgets”.
BRAND POTENTIAL
Forces influencing brand potential
1. Manufacturer – Integrating brand strategy with corporate culture.
2. Distributors – Mapping mutual objectives for long term brand profitability.
3. Consumers – should offer means of minimizing information search and evaluation.
4. Competitors – benchmark against competitor’s positioning & personalities
BRAND IDENTITY
“A brand identity is a unique set of brand associations that the brand strategist aspires to create or maintain.
It provides direction, purpose and meaning for the brand”.
EXTENDED IDENTITY
CORE IDENTITY
Tendency to
Extended Problem
Significant Perceived Limited Problem
Solving
Brand Differences Solving
RECOGNITION VS RECALL
GRAVEYARD MODEL
High
Graveyard Brand
Recognition
Niche Brand
Low
Low High
Recall
STEPS IN BUILDING STRONG BRAND
1. Start with quality product
2. Identify your brand’s singular distinction, define your message, and position your brand properly in
the marketplace.
3. Own a word or phrase.
4. Tap into emotion
5. Build the image
6. Market the image
7. Live the message
8. Measure the brand equity against the competition and continue to build and refine your brand.
Brand share = brand size estimate for 1 year/ market size estimate for the same year
= brand sales / category sales
SERVICE BRAND
Challenges
1. Behavior of the service provider
2. His own behavior
3. Behavior of other customer
BRAND SHARE
“ share of each brand of an organization in the total market size of the category”
eg share of Surf, Airtel, Wheel, Rin in the detergent category
Customers competed
Share of for and won D
Market
• Market Share = D + E Customers not
• Winning ratio = D/ (C+D) competed for E
Increase share
BRAND STRATEGY
2
1
High
Retailer’s 4
Attractiveness
3
Low
High Low
Brand Strength
UNDERSTANDING THE BALANCE OF POWER
Coercion – one party can punish the other if they fail to perform as per wishes.
Legitimate – Legal rights to influence.
Referent – One gains due to reference from the other.
Expert – Supplier has certain expertise.
Reward – Retailer expects reward.
“Power is ability of one party to control the actions of another and can be conceived in terms on continuum”
SOURCES OF DEPENDENCY
Invest in Strengthen
Relationship Relationship
0% 10% 100%
Manufacturer’s share of
retailer’s sales of category
= Size represents profit from
ELEMENTS OF POSITIONING
1. The product – meaning it has for the consumer and how he relates to it.
2. The company – Company image and heritage
3. The competition – In relation to various competitive offerings.
4. The consumer – Consumer perception and expectations.
POSITIONING METHODS
1. Impulse purchase items – Chocolates etc. Create excitement, enhance Memorability.
2. Daily use items – Toothpaste and Soaps etc. Promote habitual buying.
3. Self-adorn items – Shoes, garments etc. Create favorable prepurchase disposition, emotional appeal.
4. Consumer Durables – Washing machines etc. Project brand superiority
5. Industrial Products – Raw material, equipments etc. Standard quality, Company’s image, specialized
features, performance guarantee.
TECHNIQUES OF POSITIONING
1. By specific product attributes
2. By distinct benefits to users
3. By specific usage
4. By user category or Application
5. By product class association
6. By Price/Quality
7. By reference group
8. By packaging
POSITIONING Vs DIFFERENTIATION
“Differentiation is to differentiate the offering suitably by designing asset of meaning differences to justify
the price”.
“Positioning involves designing the company’s offer and image so that it occupies a distinct and valued
place in the targeted customer’s mind”.
DIFFERENTIATION STRATEGY
1. Product feature
2. Performance quality
3. Exclusivity and Style
4. Design
5. Product range and variety
CUSTOMER SEGMENTATION
1. Loyal users – who buy a particular brand on amore or less consistent basis most or all of the time.
2. Competitive loyals – Who buys a competitor’s products most or all the time.
• Intense loyals – competitor loyals who are convinced of a particular brand’s merits to such an
extent that for them other brands do not exist.
• Value seekers – competitor brand with most utility for the cost even if it is not the best in the
market.
• Habit bound buyers – habitual buying of the competitor’s brand.
3. Switchers – who keep switching brands for variety of reasons.
• Value switchers – who evaluate price – value relationship
• Occasional usage switchers – brands within the same category for discrete needs.
• Variety switchers – variety seekers.
4. Price buyers – lowest price band.
5. Non users – do not use any brand and have negative attitude towards the category.
“Brand architecture is an organizing structure of brand portfolio that specifies th brand role and relationship
among the brands and different product market context”.
I. PORTFOLIO ROLES
a) Strategic brand – mega brand currently dominating, represent a meaningful future level of
sales and profit.
b) Linchpin brand – not necessarily represent a meaningful future in sales and profit but it is
leverage point of a major business area. Eg. Park Avenue from Raymond’s.
c) Silver bullet – a brand or sub brand that positively influence the image of another brand. Eg.
IBM Thinkpad.
PERCEPTUAL MAPPING
“Graphical technique used by marketers that attempts to visually display the perceptions of the comsumers
or potential customers”.
1 2 3 4 5 6 7 8 9 10
High moisturizing
● ● Attractive ● ●
Trendy ●
● ●
● ● Reliable ● ●
Deodorant Luxurious ●
Non- Family ●
deodorant
Sporty ●
●
●
●
Low moisturizing
MARKETING APPLICATION
1. Market description and segmentation
2. Identify product weaknesses
3. Content development and evaluation
4. Tracking customer perceptions
5. Identify difference among groups.
TECHNIQUES
1. Multi dimensional scaling – multiple dimensions given by respondents. Important issues are
Similarity/Dissimilalarity data, preference data, number of dimensions, labeling of dimensions, what
do the gaps mean.
2. Attribute methods-
a. Cluster analysis – For natural groupings. It reduces the number of observations or cases by
grouping them into smaller set of clusters. Helps in segmenting the market, targeting, product
positioning, new product development, selecting test markets.
b. Factor analysis – Analyze interrelationships among a large number of variables & explain
these variables in terms of their common underlying dimensions.
c. Discriminant analysis – One dependent and many independent variables. Dimensions based
on differences rather than similarities.
“A brand audit is a comprehensive examination of a brand in terms of its sources of brand equity, health of
the brand & suggest ways to improve and leverage its equity. From the marketer perspective it means to
understand what products and services are being offered and marketed. From the consumers perspective, to
understand how they perceive the brands and what beliefs they possess”.
1. Brand inventory – Is to provide current, comprehensive profile of how all the products and services
sold by a company are marketed and branded. (DEMAND SIDE)
a. Brand elements
b. Supporting marketing program.
2. Brand exploratory – Research activity directed to understanding what consumer think and feel about
the brand in terms of brand awareness, strength, favorability and uniqueness of brand associations.
a. Qualitative Research
b. Quantitative Research
POSITIONING BY ATTRIBUTES
Eg. Electronic fuel injection, Enzyme detergent wash, Insulation in refrigerators.
USP – Television Began with color TV, then remote, then picture clarity, LG’s Golden eye, BPL Quadra
focus, Onida KY Rock.
Combination of Rational and Psychological Benefits.
REPOSITIONING OF BRANDS
Aspirational Vs Achievable strategies
1) Ensure relevance to a customer’s frame of reference
2) Secure the customer’s ‘permission’ for the positioning.
3) Deliver on the brand’s new promise
Brand Equity Elements
Intangibles
Origin
Internal
Reputation
Personality
External Emotional
Intangible
Benefit
Perceived Association Evolution
value
What the brand Brand Brand What the
offers Benefits Identity brand is
Functional
Rational
Presence
Benefit Activities
Process
Presentation
Relationship
Tangibles
REPOSITIONING
Changing the positioning of a brand. For e.g. Dettol toilet soap positioned as beauty soap. Not in line with
parent brand i.e. antiseptic liquid. Hence repositioned as germ – kill soap & was accepted
5. Falling sales
a) Ambassador – Rugged road master Amember of family
6. Bringing in new consumers
a) J&J baby shampoo – No more tears Mild Shampoo Extra soft for heavy users.
MTV was established in 1981 as a maverick pioneer in the burgeoning cable television industry. Over the
next 20 years, MTV moved from the fringe of television culture in America to the core of pop culture in the
countries all over the world. The key of MTV’s success in each market was its ability to connect with the
young consumers. This led to a constant cycle of reinvention. With a few exceptions, at each crossroads
MTV was able to find the right mix of music & culture to capture the viewership of successive generations
of young people, both domestically and internationally. This case examines the key decision & factors that
enabled MTV to accomplish its rise a global media network from its humble origins. The following
questions need to be discussed.
1. Advertising is not about selling the skill of you firm, but about promoting the qualities that
differentiate your firm from so many others.
2. The goal of advertising is to focus attention on what sets your firm apart from others.
3. Advertising broadcasts your differentiators to a targeted audience of mass proportions.
4. DAGMAR or Defining advertising goals for measured advertising results.
5. Advertising must communicate a DIFFERENCE which must be competitive and PERSUASIVE
which must be discovered and SEARCHED.
6. Branding Vs Action compelling Advertising.
7. Role of agency.
8. Decision Tree.
Model 1- U1
Old
Model 2- U2
Model 1- U3
Foreign
New
Model 2- U4
BUY
Model 1- U15
Old
Domestic Model 2- U6
NOT BUY
Model 1- U7
New
Model 2- U8