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BY
SACHIN BANSAL
SB@CREATINGDEMAND.ORG
CREATE BRAND MARKET
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product	
  vs	
  
Brand	
  
Product	
  vs.	
  Brand	
  
A	
  product	
  is	
  something	
  
that	
  is	
  made	
  in	
  a	
  factory	
  	
  
	
  
A	
  brand	
  is	
  something	
  that	
  is	
  
bought	
  by	
  a	
  customer.	
  
A	
  product	
  can	
  be	
  copied	
  
by	
  a	
  compe'tor.	
  
A	
  brand	
  is	
  unique.	
  
A	
  product	
  can	
  be	
  quickly	
  
outdated.	
  	
  
	
  
A	
  successful	
  brand	
  is	
  
'meless.	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
Why	
  is	
  Marke6ng	
  Becoming	
  More	
  Important?	
  	
  	
  
•  Sales	
  Declines	
  
•  Slow	
  Growth	
  –	
  Need	
  Sustaining	
  Sales	
  or	
  New	
  
Markets	
  
•  Changing	
  Buying	
  Pa<erns	
  and	
  Customer	
  Wants	
  
•  Increasing	
  CompeAAon,	
  including	
  New	
  Products	
  
•  Increasing	
  MarkeAng	
  and	
  Sales	
  Expenditures.	
  
•  Understanding	
  the	
  7	
  P’s:	
  People	
  (Target/
Customer),	
  	
  
•  Planning,	
  Product/Service	
  Development,	
  Pricing,	
  	
  
•  Place/DistribuAon,	
  PromoAon,	
  and	
  Partners/
Alliances.	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
What	
  is	
  a	
  Brand?	
  
•  It’s	
  the	
  company’s	
  definiAon	
  of	
  what	
  
they	
  have	
  to	
  offer.	
  
•  A	
  brand	
  is	
  a	
  product	
  that	
  has	
  a	
  
personality.	
  	
  
•  A	
  promise	
  to	
  the	
  customer.	
  
•  What	
  the	
  customer	
  knows	
  about	
  your	
  
specific	
  product.	
  	
  It’s	
  your	
  image.	
  	
  	
  
•  How	
  the	
  company	
  or	
  product	
  is	
  
perceived?	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
•  A	
  set	
  of	
  product	
  percepAons	
  by	
  the	
  
consumer.	
  	
  
•  It	
  is	
  a	
  personality	
  developed	
  over	
  Ame.	
  	
  
•  A	
  brand	
  signifies	
  a	
  relaAonship	
  with	
  the	
  
customer.	
  	
  	
  
•  It	
  is	
  the	
  company’s	
  most	
  valuable	
  asset.	
  	
  
It’s	
  also	
  the	
  main	
  differenAator,	
  the	
  
best	
  defense	
  against	
  price	
  compeAAon,	
  
and	
  the	
  key	
  to	
  customer	
  loyalty.	
  	
  	
  
•  CompeAtors	
  can	
  copy	
  your	
  features	
  and	
  
benefits,	
  but	
  they	
  can’t	
  steal	
  your	
  
brand.	
  
•  It’s	
  a	
  promise.	
  	
  But	
  it	
  must	
  be	
  backed	
  up	
  
by	
  performance.	
  	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
What	
  is	
  a	
  Brand?	
  
Product vs. Brand
What	
  is	
  a	
  Brand?	
  &	
  Brand	
  Iden6fica6on	
  
	
  
•  A	
  brand	
  is	
  much	
  more	
  than	
  a	
  name—it’s	
  
a	
   symbol,	
   trademark,	
   logo,	
   term,	
   sign,	
  
d es i gn	
   o r	
   co mb i n a ' o n ,	
   wh i ch	
  
dis'nguishes	
  a	
  product	
  from	
  others.	
  	
  	
  
•  Sets	
   a	
   company’s	
   products	
   apart	
   from	
  
compe''on.	
   	
  It’s	
  the	
  percep'on	
  of	
  the	
  
product	
  in	
  the	
  minds	
  of	
  the	
  consumers	
  
•  The	
  marking	
  of	
  livestock.	
   	
  Ar'sts	
  signing	
  
their	
  work.	
  	
  
•  Your	
   first	
   opportunity	
   is	
   in	
   the	
   name.	
  
Easier	
  to	
  order	
  and	
  remember.	
  	
  	
  
•  Most	
   important	
   is	
   consistency—globally	
  
too.	
  	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
•  A	
  brand	
  can	
  convey:	
  	
  	
  
•  	
  	
  	
  A<ributes	
  +	
  Benefits	
  +	
  	
  Values	
  +	
  
Culture	
  +	
  Personality	
  
•  Seller’s	
  promise	
  to	
  deliver	
  a	
  
specific	
  set	
  of	
  features.	
  	
  
•  Brand	
  equity	
  is	
  the	
  value	
  a	
  
brand	
  adds	
  to	
  the	
  product.	
  	
  	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
What	
  is	
  a	
  Brand?	
  &	
  Brand	
  Iden6fica6on	
  
	
  
Product vs. Brand
 	
  	
  We	
  support	
  in	
  building	
  	
  
Brand	
  Awareness	
  or	
  	
  
Brand	
  Insistence	
  
Turning	
  or	
  Transla'ng	
  
Brand	
  Awareness	
  Into	
  
Brand	
  Insistence.	
  
	
  
Awareness	
  	
  	
  	
  	
  Interest	
  	
  	
  	
  	
  Desire	
  	
  	
  	
  	
  Ac4on	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
Marke6ng	
  and	
  Branding	
  
•  Products	
  vs.	
  Brands	
  
•  Look	
  at	
  Marke'ng	
  Process:	
  
•  Analyzing	
  Marke'ng	
  Opportuni'es	
  
•  Segmenta'on,	
   Targe'ng	
   and	
  
Posi'oning	
  
•  Developing	
  Marke'ng	
  Strategies	
  and	
  
7P’s	
  
•  Planning	
  Marke'ng	
  Programs	
  
•  Execu'ng,	
   Managing	
   and	
   Evalua'ng	
  
Marke'ng	
  Efforts	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
Marke6ng	
  Flows	
  
	
  •  Physical	
  Flow	
  
•  Title	
  Flow	
  
•  Payment	
  Flows	
  
•  Informa'on	
  Flow	
  
•  Promo'on	
  Flow	
  
•  Suppliers,	
  Intermediaries,	
  Transporters,	
  
Wholesalers,	
  	
  
•  Dealers,	
  Retailers,	
  Banks,	
  Marke'ng	
  
Firms,	
  	
  
•  Adver'sing	
  Agencies,	
  Media,	
  Customers,	
  
Users	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
Reputation to overall gains
Strategically connected with clients, engaging and
involving them:
• How to get closer to customers?
• To build brand awareness and enhance loyalty?
• To position new products and services for the effective
market penetration?
• To fulfill what customers really desire?
Specialties
Brand Strategy, business entry & planning, product
development, internet marketing, trade distribution,
public private partnerships, sustainable tourism
management and investment promotion.
Crafting, Operationalizing and
Implementing Growth
Strategies to maximize
opportunities in emerging
geographies;
experience as my strong
resource and capability
Sachin	
  Bansal	
  
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  
Product vs. Brand
SACHIN BANSAL- Chief Explorer
INDIA : +91 97111 90192
sb@creatingdemand.org
www.creatingdemand.org
facebook.com/creatingdemand
DELHI LONDON MELBOURNE NEW YORK ITALY
Tourists travel – and arrive – both in hope, and with great expectations.
www.crea'ngdemand.org	
   Copyright	
  2014-­‐2015	
  	
  	
  	
  Presenta'on	
  by:	
  Sachin	
  Bansal	
  

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Product vs Brand

  • 1. BY SACHIN BANSAL SB@CREATINGDEMAND.ORG CREATE BRAND MARKET www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product  vs   Brand  
  • 2. Product  vs.  Brand   A  product  is  something   that  is  made  in  a  factory       A  brand  is  something  that  is   bought  by  a  customer.   A  product  can  be  copied   by  a  compe'tor.   A  brand  is  unique.   A  product  can  be  quickly   outdated.       A  successful  brand  is   'meless.   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 3. Why  is  Marke6ng  Becoming  More  Important?       •  Sales  Declines   •  Slow  Growth  –  Need  Sustaining  Sales  or  New   Markets   •  Changing  Buying  Pa<erns  and  Customer  Wants   •  Increasing  CompeAAon,  including  New  Products   •  Increasing  MarkeAng  and  Sales  Expenditures.   •  Understanding  the  7  P’s:  People  (Target/ Customer),     •  Planning,  Product/Service  Development,  Pricing,     •  Place/DistribuAon,  PromoAon,  and  Partners/ Alliances.   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 4. What  is  a  Brand?   •  It’s  the  company’s  definiAon  of  what   they  have  to  offer.   •  A  brand  is  a  product  that  has  a   personality.     •  A  promise  to  the  customer.   •  What  the  customer  knows  about  your   specific  product.    It’s  your  image.       •  How  the  company  or  product  is   perceived?   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 5. •  A  set  of  product  percepAons  by  the   consumer.     •  It  is  a  personality  developed  over  Ame.     •  A  brand  signifies  a  relaAonship  with  the   customer.       •  It  is  the  company’s  most  valuable  asset.     It’s  also  the  main  differenAator,  the   best  defense  against  price  compeAAon,   and  the  key  to  customer  loyalty.       •  CompeAtors  can  copy  your  features  and   benefits,  but  they  can’t  steal  your   brand.   •  It’s  a  promise.    But  it  must  be  backed  up   by  performance.     www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   What  is  a  Brand?   Product vs. Brand
  • 6. What  is  a  Brand?  &  Brand  Iden6fica6on     •  A  brand  is  much  more  than  a  name—it’s   a   symbol,   trademark,   logo,   term,   sign,   d es i gn   o r   co mb i n a ' o n ,   wh i ch   dis'nguishes  a  product  from  others.       •  Sets   a   company’s   products   apart   from   compe''on.    It’s  the  percep'on  of  the   product  in  the  minds  of  the  consumers   •  The  marking  of  livestock.    Ar'sts  signing   their  work.     •  Your   first   opportunity   is   in   the   name.   Easier  to  order  and  remember.       •  Most   important   is   consistency—globally   too.     www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 7. •  A  brand  can  convey:       •       A<ributes  +  Benefits  +    Values  +   Culture  +  Personality   •  Seller’s  promise  to  deliver  a   specific  set  of  features.     •  Brand  equity  is  the  value  a   brand  adds  to  the  product.       www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   What  is  a  Brand?  &  Brand  Iden6fica6on     Product vs. Brand
  • 8.      We  support  in  building     Brand  Awareness  or     Brand  Insistence   Turning  or  Transla'ng   Brand  Awareness  Into   Brand  Insistence.     Awareness          Interest          Desire          Ac4on   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 9. Marke6ng  and  Branding   •  Products  vs.  Brands   •  Look  at  Marke'ng  Process:   •  Analyzing  Marke'ng  Opportuni'es   •  Segmenta'on,   Targe'ng   and   Posi'oning   •  Developing  Marke'ng  Strategies  and   7P’s   •  Planning  Marke'ng  Programs   •  Execu'ng,   Managing   and   Evalua'ng   Marke'ng  Efforts   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 10. Marke6ng  Flows    •  Physical  Flow   •  Title  Flow   •  Payment  Flows   •  Informa'on  Flow   •  Promo'on  Flow   •  Suppliers,  Intermediaries,  Transporters,   Wholesalers,     •  Dealers,  Retailers,  Banks,  Marke'ng   Firms,     •  Adver'sing  Agencies,  Media,  Customers,   Users   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 11. Reputation to overall gains Strategically connected with clients, engaging and involving them: • How to get closer to customers? • To build brand awareness and enhance loyalty? • To position new products and services for the effective market penetration? • To fulfill what customers really desire? Specialties Brand Strategy, business entry & planning, product development, internet marketing, trade distribution, public private partnerships, sustainable tourism management and investment promotion. Crafting, Operationalizing and Implementing Growth Strategies to maximize opportunities in emerging geographies; experience as my strong resource and capability Sachin  Bansal   www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal   Product vs. Brand
  • 12. SACHIN BANSAL- Chief Explorer INDIA : +91 97111 90192 sb@creatingdemand.org www.creatingdemand.org facebook.com/creatingdemand DELHI LONDON MELBOURNE NEW YORK ITALY Tourists travel – and arrive – both in hope, and with great expectations. www.crea'ngdemand.org   Copyright  2014-­‐2015        Presenta'on  by:  Sachin  Bansal