SlideShare a Scribd company logo
1 of 73
What is a brand? 
Traditional Definition: 
According to American Marketing Association , a 
brand is ‘a name, term, symbol, or design, or a 
combination of these, intended to identify the goods 
or services of one seller or a group of sellers and to 
differentiate them from competitors. 
Modern Definition 
Brand is a promise made to the consumer to deliver 
certain tangible and in tangible values each time he 
buys the branded product.
Brand v/s Product 
Product Brand 
All goods and services sold a name, term, symbol, or design, 
or a combination of these, 
intended to identify the goods or 
services of one seller or a group of 
sellers and to differentiate them 
from competitors. 
Bundle of features, functions, 
benefits and uses 
Bundle of functional benefits, 
emotional benefits and self-expressive 
benefits. It is a sum of 
all expectations that the consumer 
has. 
Product = Commodity Brand = Mindset. It is a real estate 
occupied in the minds of the 
consumers 
Gets outdated quickly Is timeless 
Undistinguished from others in the 
category 
A product which is distinct from 
others 
Physiological response is 
Physiological and Psychological
What can be branded? 
 Physical Goods – Nescafe,Tata Nano, Sunsilk 
 Services- Tata AIG, Jet Airways, Hilton hotels 
 Retailers- Shopper’s Stop, Lifestyle, Big Bazaar 
 People – Amitabh Bacchan, SRK 
 Organisations- FIFA,BCCI, WWF 
 Sports Events – IPL, WWE, Olympics 
 Geographic Locations- Darjeeling Tea, Ratnagiri 
Alphansoes 
 Art & Entertainment – NCPA, Prithvi Theatre, Movies 
 Political Parties – Congress, BJP, AAP
A Brand is more than a Product 
Organizational Brand 
Associations Personality 
Country of Symbols 
Origin 
Product 
Scope 
Attributes 
Quality 
ooppppppp 
User Emotional 
Imagery Benefits 
Uses 
Brand Customer Self- Expressive 
Relationship Benefits
Product Characteristics 
 Scope (Colgate makes dental hygiene products) 
 Attributes (Volvo bus is safe) 
 Quality (Maruti cars are of good quality) 
 Uses (Mobile is used for various needs)
Brand Characteristics 
 User Imagery (Alto buyer is from middle class) 
 Country of Origin (German Cars are the best) 
 Organizational Association (Apple is an innovative company) 
 Brand Personality (Apple & Sony products are stylish) 
 Symbols (M logo of Mcdonalds) 
 Brand-Customer Relationships (LIC is a partner for life) 
 Emotional Benefits (Porsche user feels pride while driving) 
 Self- expressive Benefits (Harley Davidson owner is a non-confirmist)
Limitations of Branding 
 Customers may be paying a unjustified 
premium price. Apple products??? 
 Involves huge expenditure for the company. 
Eg: HUL spends Rs 2000 crs in advertising and brand building. 
 Consumers may trust the brand blindly. 
Eg: Parle or Britannia Products 
 Customer’s expectations are always high. 
Again Apple products 
 Making a brand global is a difficult proposition. 
Eg: Balaji Wafers v/s Lays 
 Difficult to change consumer’s perception of 
the brand. Eg: New Coke
Process of Branding 
 Step 1: Strategic Brand Audit 
- Mission, vision, goals and objectives 
- What you do? 
- Why it matters emotionally to customers? 
- What motivates your customers? 
- What your competition is doing? 
- What is the marketing environment? 
- If your brand was a person were a person, how would you like 
customers to describe the person? 
- How do you want customers to feel when they encounter your brand? 
- What marketing and branding have you done so far, what’s worked, 
and what hasn’t? 
Sum up what you want your brand to stand for in one 
word
 Step 2: Identify Key Message 
Statements
 Step 3: Creating Visual Identity 
- Logo 
- Colour Palette 
- Graphic Design Guidelines 
- Packaging 
- Corporate Stationery
Step 4: Develop the marketing 
communication plan 
 Collaterals 
 Advertising 
 Promotional giveaways 
 Public relations activity 
 Events & trade shows
 Step 5: Maintain Consistency 
- Have a basic design frame work for all variants with 
relevant customization. 
- Maintain consistency across all advertising mediums.
General Traits of brand 
names 
 Acceptable (eg: Lumia means prostitute in 
Spanish) 
 Easy to recognize 
 Easy to pronounce 
 Easy to memorize and recall 
 Should be available to use 
 Should be registerable 
 Should be protectable by law
Types of Brand Names 
 Intialism 
 Descriptive
 Suggestive 
 Alliteration and Rhyme 
 Evocative
 Neologisms (Free Standing) 
 Foreign Word 
“I roll” in Latin “People’s Car” in German “Tri-star” in Korean
 Founder’s Name 
 Geography and Landmarks 
 Personification
Brandnomer or Generic Brand 
 Xerox = Photocopying 
 Cadbury’s = Chocolate 
 Bisleri = Bottled water 
Definition: 
Brand Name becomes synonymous with 
product category 
(Class Exercise: Name other generic 
brands)
Brand Logo 
 Combination of shape & color 
 Brand name may or may not appear in 
the logo 
 Should increase notice ability 
 Gives an identity to the brand 
 80% of consumer learning happens 
through the eyes 
 Consumer associates brand logo with 
some visuals / images
Examples of brand logos and 
corresponding visuals
Elements of a brand logo 
 Colour 
 Geometric shape 
 Font 
 Key Message Statement 
 Brand name 
 Brand symbol
Brand Symbols lead to 
 Awareness of the brand 
 Brand associations 
 Likeability 
 Stronger Memories
Building strong brands. Why is it 
hard? 
Brand building blocks  Pressure to compete on price 
(telecom operators, mobile handsets) 
 Proliferation of competitors 
(biscuits/shampoos/deodorants) 
 Fragmented advertising options 
(increases advertising cost) 
 Too many sub-brands 
 Lack of consistency 
 Complacency and lack of innovation 
(Top Ramen noodles) 
 Focus on other businesses/brands (Xerox) 
 Short term profits v/s long term brand building
Guidelines for building strong 
brands – by David Aaker 
 Define brand identity for each brand (what does it 
stand for in consumer’s mind) 
 Know the value proposition (give & take equation) 
 Brand Position (where is it placed in consumer’s 
mind) 
 Well defined advertising strategy 
 Maintain consistency over time 
(logo, symbol, punch line, colour, shape) 
 Brand System (consistency of brands in the portfolio) 
 Brand leverage (extend brands to other product 
categories) 
 Track brand equity 
 Brand responsibility 
 Keep investing in brands (eg:What’s up)
Brand Elements 
 Brand Name 
- Core indicator of the brand 
- Basis for awareness 
- Basis for communication effects 
- Basis for sales measurement 
- A constant in marketing plan 
 Brand Logo 
 Brand Character or Symbol 
 Slogan 
 Jingle 
 Packaging
Creating Brand Symbols 
 Non-living characters
Creating Brand Symbols 
 Animals
Creating Brand Symbols 
 Nature
Creating Brand Symbols 
 Pack
Creating Brand Symbols 
 Things
Creating Brand Symbols 
 People
Creating Brand Symbols 
 Geometric Shapes
Creating Brand Symbols 
 Scenes
Creating Brand Symbols 
 Monuments
Creating Brand Symbols 
 No symbol
Class Exercise. 
Individual 
Name One brand for each type of 
Brand Symbol
Elements of Non- living Brand Characters 
 Be Unique
• Have distinct colours
 Character Name 
- Ronald The Donald for McDonalds 
- Devil of Onida 
- Fido Dido for 7Up 
- Asian Paints Gattu 
- Captain of Captain Cook Aata 
- Maharaja of Air India 
Name other characters.
 Have standardized features and traits 
- Smile of Ronald The Donald 
- Hair, frock and ribbon of Amul Girl 
- Moustache of Pringles Character 
- Muscles of Michelin’s Character 
- Chef Cap of Dough Boy 
- Dancing girl of Nirma
 Should Evoke a Feeling 
- Happiness for McDonalds 
- In Command for Captain Cook 
- Humour for Charlie Chaplin (Cherry Blossom) 
- Protection and Strength for Michelin Tyres 
- Fun and Masti for Fidi Dido of 7Up 
- Hospitality for Maharaja of Air India 
- Strength for Mr.Muscle
Slogan 
 Maggi - Taste Bhi Health Bhi 
 Ghadi - Pehle Istamal Kare Phir Vishwas Kare 
 Mc Donalds - I’m loving it 
 Kurkure- Tedha Hai Par Mera Hai 
 Amul- The Taste of India 
 Surf- Daag Acche Hai 
 Asian Paints- Har Ghar Kuch Kehta Hai 
 Rasna – Life Mein Milaofai 
 Frooti- Fresh & Juicy 
 Bingo – No Confusion Great Combination 
 Raymond’s – The Complete man 
 Boost : Boost is the secret of our energy 
 Polo : The mint with a hole 
 Idea : An Idea can Change your life
Jingles 
 Hamara Bajaj 
 Nirma 
 Ghadi Detergent 
 Intel Inside
Characteristics of Jingles 
 Musical messages 
 Have catchy choruses 
 Often includes brand name
Packaging 
 Definition: 
The activity of designing and producing 
containers or wrappers for a product
Objectives of Packaging 
 Identify the brand distinctively. Eg: 
Parle G 
 Convey descriptive and persuasive 
information. Eg: Maggi 2 minutes 
 Facilitate product transportation and 
protection 
 Assist at home storage. 
 Aid product consumption 
 Should be aesthetic
Elements of Packaging 
 Visual- colour, graphics and text 
 Size 
 Material 
 Shape 
 Weight 
 Tamper proof 
 Leak proof
Innovation in Packaging
Innovation in Packaging 
Field exercise- Bring any one innovative packing to 
class
Choosing Brand Elements 
 Memorable 
a) Easily Recognized 
b) Easily Recalled 
 Meaningful 
a) Descriptive 
b) Persuasive 
 Likable 
a) Fun & Interesting 
b) Rich Visual Imagery 
c) Aesthetically Pleasing 
 Transferable 
a) With in and across product categories 
b) Across Geographical boundaries and 
cultures 
 Adaptable 
a) Flexible & Updateable 
 Protectable 
a)Legally 
b) Competitively 
Brand Building 
Process 
Stretch ability and 
Defensive strategy
Concept of Brand Identity 
 Aaker defines brand identity as “a 
unique set of brand associations that 
the brand strategies aspire to create 
or maintain. These associations 
represent what the brand stands for 
and imply a promise to customers 
from the organization members.”
Concept of Brand Identity 
 What are its values? 
 What resides in its centre? 
 What is it unique focus? 
 What is its value proposition? 
 How does it differ from the rest? 
 It clarifies the direction and meaning to 
brand managers 
 What is the brand’s essence , soul, 
values and vision?
Brand Identity Perspectives 
 According to Aaker brand identity 
consists of various dimensions which 
can be organized around four 
perspectives:- 
- Brand as a product 
- Brand as an organisation 
- Brand as a person 
- Brand as a symbol
Brand as a product 
 Product related associations such as product 
attributes, quality, users, etc. 
Eg: Cherry is strongly associated with boot polish, VISA with 
cards, AMUL with milk products, PRO V with Pantene 
shampoo, PSPO with Orient Fans. 
 Product attribute related associations directly 
convey the functional benefits of the product. 
 User / Usage associations 
Eg: Johnson & Johnson products are meant for babies, 
Ujala for post washing whitening for clothes 
Intel – Power with-in / Power that is hidden / Inside power
Brand as a product 
 Some brands / products by design 
associate themselves with the country 
of origin. 
Eg: Swiss made watches like Rado, Rolex and 
Omega 
Handicrafts and Jewelry from India 
Diamonds from Belgium
Brand as an Organisation 
 A brand may directly borrow its 
manufacturer’s attribute or association 
Eg: Tata (people sensitive culture) 
Sony & Apple (innovation & quality) 
Fab India (environment sensitivity) 
Flipkart (customer service) 
 Such associations provide better competitive 
insulation than solely product based association 
 Product parity can be easily achieved by other 
brands due to proliferation of technology 
 Organisational associations are build over a period 
of time
Brand as a person 
 Customer relationship with a brand may based on 
its human like be traits 
 Brands can be humanised 
 What is the brand’s personality? 
 Brand can be infused with human characteristics 
like down to earth, 
sophisticated,rugged,fashionable. 
Eg: 1) Omega is a celebrity watch which has only 
top celebrities as brand ambassador. Cindy 
Crawford, SRK and Pierce Brosnan. 
2) Wood land has a rugged and tough character
Brand as a symbol 
 Brands may have tree types of 
symbols; Visual images, metaphor 
and heritage of brand. 
Eg: Siyaram’s clothing - Heritage 
LIC – “Protection” 
Kelvinator for “coolest one” 
Ponds is a metaphor for delicate, feminine and 
floral characteristics
Brand Identity Levels 
 Brands have two levels of identity i.e central 
/core/fundamental identity and peripheral 
Design Product Packaging 
Character Personality 
Brand 
Essence/So 
ul 
Logo/symbol Brand 
Name 
Slogan
Core Identity (Inner Core) 
 It is the soft core of the brand which is surrounded with 
layers of peripheral identity elements. 
 What does the brand stand for? 
 What is the essence of the brand? 
 What are the values, beliefs and principles of the 
brand? 
 It is the reason why the brand has been brought into 
existence 
 It envelopes the brand with its unique selling 
preposition(USP) or appeal 
 It is some times based on the characteristics of the 
person behind it Eg: Apple – Steve Jobs- Perfection 
 It is constant and does not change overtime 
 It is timeless 
 It is the reason why the brand was born 
 It is the intangible philosophy behind the brand
Core Identity 
 Lux - Beauty 
 3 M – innovation and improvement of life 
 Dettol – antiseptic and protection 
 Johnson & Johnson – Trust and quality a 
baby needs 
 Nirma – value for money brand 
 Pepsi - Fun & excitement for youth 
 Lifebuoy – Protection from germs and 
health 
 GE- Infusing life
Core Identity- McDonalds 
 McDonalds philosophy is condensed in four letters QSCV – quality, 
service, consistency and values 
 McDonalds restaurants through out the world are built on its inner 
core which is never tampered with. 
 However the outer core can be changed to suit local conditions 
 The outer core includes : 
a) Product scope (Mc Burger, Mc Pizza, Mc Puff, McDonald happy 
Meal)) 
b) Operations (efficiency in service) 
c) Personality (family oriented, genuine, cheerful and middle class) 
d) Signage/Logo/Symbol – Golden Arches 
e) Character- Ronald the Donald
Extended identity (Outer 
Core) 
 The outer core includes elements like 
product features, symbol, user profile, 
personality slogans, endorsers, characters, 
name and packaging. 
 It is the physical manifestation of the brand
Brand Identity-Dettol 
 Inner Core: 
Protection against germs 
 Outer Core: 
Product Scope Antiseptic, Liquid, Plaster, Soap, 
Shaving cream 
Symbol Dettol Sword / Dagger 
Personality Reliable, Trustworthy,Strong 
Slogan Be 100 % sure 
Smell Unique Dettol smell 
User Children, Young Adults,Hygeine 
Consious,Urban 
Packaging Colours that signify safety and protection
Brand Identity- Horlicks 
 Inner Core: 
Nutrition and Health 
 Outer Core: 
Product Scope Products that supplement nutritional 
needs eg: Horlicks Biscuits 
Heritage Company has been in the business of 
providing nourishment since decades 
User Any one who needs nutrition and health, 
children, to be mothers, old people,working 
people, housewives, the entire family 
Personality Protecting, caring, supportive and concerned
Why do Brands matter? 
Advantages of Branding 
 Organizational Perspective 
 Consumer perspective
Organizational Perspective 
 Is an Asset for the organization 
 Is an Identifier for channel partners 
 A Short-hand for information 
 Has Legal Protection 
 Has Differential advantage 
 Has Unique Associations 
 Commands a Price Premium 
 Enhances Customer Loyalty 
 Leads to Higher Market Share & Revenue 
 Has Inelastic response to price increase 
 A barrier to entry of other brands
Consumer perspective 
 Source of Identification 
 Aids Recall 
 Aids Habitual Purchase 
 Proxy for Quality 
 Source of Evaluation 
 Tool to simplify decision making 
 Risk Reducer 
- Financial Risk 
- Performance Risk 
- Time Risk 
- Social Risk 
- Psychological Risk 
 Tool to express self image

More Related Content

What's hot

What's hot (20)

Advertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formatsAdvertisement Creative strategy & creative tactics & formats
Advertisement Creative strategy & creative tactics & formats
 
Brands ppt
Brands pptBrands ppt
Brands ppt
 
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYLEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
 
Brand personality
Brand personalityBrand personality
Brand personality
 
Brand Positioning Model
Brand Positioning Model Brand Positioning Model
Brand Positioning Model
 
Brand Identity
Brand IdentityBrand Identity
Brand Identity
 
Brand Value
Brand ValueBrand Value
Brand Value
 
Brand Management
Brand ManagementBrand Management
Brand Management
 
Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
Branding
BrandingBranding
Branding
 
Brand management ppt
Brand management ppt Brand management ppt
Brand management ppt
 
Brand Strategy
Brand StrategyBrand Strategy
Brand Strategy
 
Branding ppt
Branding pptBranding ppt
Branding ppt
 
Brand Management Process and Brand Evolution - Introduction to Branding
Brand Management Process and Brand Evolution - Introduction to BrandingBrand Management Process and Brand Evolution - Introduction to Branding
Brand Management Process and Brand Evolution - Introduction to Branding
 
Chapter 8 (developing a brand equity measurement and management system)
Chapter 8  (developing a brand equity measurement and management system)Chapter 8  (developing a brand equity measurement and management system)
Chapter 8 (developing a brand equity measurement and management system)
 
Brand Portfolio
Brand PortfolioBrand Portfolio
Brand Portfolio
 
CHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTSCHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTS
 
Building and Managing Brands
Building and Managing BrandsBuilding and Managing Brands
Building and Managing Brands
 
Strategic brand management by kevin lane keller
Strategic brand management by kevin lane kellerStrategic brand management by kevin lane keller
Strategic brand management by kevin lane keller
 
Brand leveraging
Brand leveragingBrand leveraging
Brand leveraging
 

Viewers also liked

Session 1, introduction to branding 2013 2014
Session 1, introduction to branding 2013 2014Session 1, introduction to branding 2013 2014
Session 1, introduction to branding 2013 2014John Verhoeven
 
Introduction to branding - Basics of advertising
Introduction to branding - Basics of advertisingIntroduction to branding - Basics of advertising
Introduction to branding - Basics of advertisingRai University Ahmedabad
 
Legal Perspective of Branding - Introduction to Branding
Legal Perspective of Branding - Introduction to BrandingLegal Perspective of Branding - Introduction to Branding
Legal Perspective of Branding - Introduction to BrandingRai University Ahmedabad
 

Viewers also liked (20)

Session 1, introduction to branding 2013 2014
Session 1, introduction to branding 2013 2014Session 1, introduction to branding 2013 2014
Session 1, introduction to branding 2013 2014
 
Introduction to branding - Basics of advertising
Introduction to branding - Basics of advertisingIntroduction to branding - Basics of advertising
Introduction to branding - Basics of advertising
 
Legal Perspective of Branding - Introduction to Branding
Legal Perspective of Branding - Introduction to BrandingLegal Perspective of Branding - Introduction to Branding
Legal Perspective of Branding - Introduction to Branding
 
E branding and Online advertising
E branding and Online advertisingE branding and Online advertising
E branding and Online advertising
 
Consumer behaviour unit 9
Consumer behaviour unit 9Consumer behaviour unit 9
Consumer behaviour unit 9
 
Nv commn lecture 280714
Nv commn lecture 280714Nv commn lecture 280714
Nv commn lecture 280714
 
Photography lession 03
Photography  lession  03 Photography  lession  03
Photography lession 03
 
Consumer unit2 new
Consumer unit2 newConsumer unit2 new
Consumer unit2 new
 
Dc214 sn orgcrime
Dc214 sn orgcrimeDc214 sn orgcrime
Dc214 sn orgcrime
 
Consumer behavior unit 10
Consumer behavior unit 10Consumer behavior unit 10
Consumer behavior unit 10
 
Consumer behaviour unit 1
Consumer behaviour unit 1Consumer behaviour unit 1
Consumer behaviour unit 1
 
Intro to commn
Intro to commnIntro to commn
Intro to commn
 
Consumer behaviour unit 6
Consumer behaviour unit 6Consumer behaviour unit 6
Consumer behaviour unit 6
 
Gerbner’s model of communication2
Gerbner’s model of communication2Gerbner’s model of communication2
Gerbner’s model of communication2
 
Section 2 unit 3 cyber crime
Section  2 unit 3 cyber crimeSection  2 unit 3 cyber crime
Section 2 unit 3 cyber crime
 
Reporting section 2 unit 4
Reporting section  2 unit 4Reporting section  2 unit 4
Reporting section 2 unit 4
 
Organising for brand building
Organising for brand buildingOrganising for brand building
Organising for brand building
 
Sociological model of communication
Sociological model of communicationSociological model of communication
Sociological model of communication
 
Creative writing section 2 unit 2
Creative writing section  2 unit 2Creative writing section  2 unit 2
Creative writing section 2 unit 2
 
Brand personaity
Brand personaityBrand personaity
Brand personaity
 

Similar to What is a Brand? Key Elements and Strategies for Building Strong Brands

Brand Management - Importance, Difference, Logic, Model , Reasons, Challenges
Brand Management - Importance, Difference, Logic, Model , Reasons, ChallengesBrand Management - Importance, Difference, Logic, Model , Reasons, Challenges
Brand Management - Importance, Difference, Logic, Model , Reasons, ChallengesDarshan Shamsundar
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentationvijaydh
 
Myths of Brand Management.
Myths of Brand Management.Myths of Brand Management.
Myths of Brand Management.RAVINDRA PUJARI
 
International branding
International brandingInternational branding
International branding0508011991
 
Introduction brand management
Introduction brand managementIntroduction brand management
Introduction brand managementKushal Kaushik
 
Branding.pptx maeketing mamagement presentation
Branding.pptx maeketing mamagement presentationBranding.pptx maeketing mamagement presentation
Branding.pptx maeketing mamagement presentationPriyanshuSingh578922
 
Brand management
Brand managementBrand management
Brand managementStudent
 
strategic-brand-management
strategic-brand-managementstrategic-brand-management
strategic-brand-managementJeetendra Pathak
 
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10Le Web
 
Brand Elements
Brand ElementsBrand Elements
Brand ElementsPam C
 
How to brand your business
How to brand your businessHow to brand your business
How to brand your businessRama Krishnan
 

Similar to What is a Brand? Key Elements and Strategies for Building Strong Brands (20)

Br1
Br1Br1
Br1
 
Brand Management - Importance, Difference, Logic, Model , Reasons, Challenges
Brand Management - Importance, Difference, Logic, Model , Reasons, ChallengesBrand Management - Importance, Difference, Logic, Model , Reasons, Challenges
Brand Management - Importance, Difference, Logic, Model , Reasons, Challenges
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentation
 
Myths of Brand Management.
Myths of Brand Management.Myths of Brand Management.
Myths of Brand Management.
 
THE BRAND - MiNi ENCYCLOPEDIA
THE BRAND - MiNi ENCYCLOPEDIATHE BRAND - MiNi ENCYCLOPEDIA
THE BRAND - MiNi ENCYCLOPEDIA
 
Brand
BrandBrand
Brand
 
branding
 branding branding
branding
 
International branding
International brandingInternational branding
International branding
 
Introduction brand management
Introduction brand managementIntroduction brand management
Introduction brand management
 
Branding.pptx maeketing mamagement presentation
Branding.pptx maeketing mamagement presentationBranding.pptx maeketing mamagement presentation
Branding.pptx maeketing mamagement presentation
 
Brand management
Brand managementBrand management
Brand management
 
strategic-brand-management
strategic-brand-managementstrategic-brand-management
strategic-brand-management
 
Brand Management
Brand ManagementBrand Management
Brand Management
 
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10
The Age of You - Bertrand Chauvet, Interbrand - LeWeb 2014, Dec 10
 
Building Brand
Building BrandBuilding Brand
Building Brand
 
Brand equity
Brand equityBrand equity
Brand equity
 
Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
How to brand your business
How to brand your businessHow to brand your business
How to brand your business
 
Marketing ppt
Marketing pptMarketing ppt
Marketing ppt
 
Brand ppt
Brand pptBrand ppt
Brand ppt
 

More from Deviprasad Goenka Management College of Media Studies

More from Deviprasad Goenka Management College of Media Studies (20)

Tv news
Tv newsTv news
Tv news
 
Size of m&e industry
Size of m&e industrySize of m&e industry
Size of m&e industry
 
Satellite television
Satellite televisionSatellite television
Satellite television
 
Managing brands overtime
Managing brands overtimeManaging brands overtime
Managing brands overtime
 
Imc
ImcImc
Imc
 
Film exhibition
Film exhibitionFilm exhibition
Film exhibition
 
Film entertainment -value chain and revenue streams
Film entertainment -value chain and revenue streamsFilm entertainment -value chain and revenue streams
Film entertainment -value chain and revenue streams
 
Brand startegies ppt
Brand startegies pptBrand startegies ppt
Brand startegies ppt
 
Brand positioning
Brand positioningBrand positioning
Brand positioning
 
Brand identity traps
Brand identity trapsBrand identity traps
Brand identity traps
 
Brand equity
Brand equityBrand equity
Brand equity
 
Brand building on internet
Brand building on internetBrand building on internet
Brand building on internet
 
Section 2 yellow journalism
Section 2 yellow journalismSection 2 yellow journalism
Section 2 yellow journalism
 
Reporting beat unit 3
Reporting beat unit 3Reporting beat unit 3
Reporting beat unit 3
 
Reporting unit 6
Reporting unit  6Reporting unit  6
Reporting unit 6
 
Reporting unit 5 news sources
Reporting unit 5 news sourcesReporting unit 5 news sources
Reporting unit 5 news sources
 
Reporting unit 2
Reporting unit 2Reporting unit 2
Reporting unit 2
 
Reporting types of beat unit 3
Reporting types of beat unit 3Reporting types of beat unit 3
Reporting types of beat unit 3
 
Investigative reporting history
Investigative reporting historyInvestigative reporting history
Investigative reporting history
 
Unit 4 creative writing
Unit 4 creative writingUnit 4 creative writing
Unit 4 creative writing
 

Recently uploaded

How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17Celine George
 
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxGrade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxkarenfajardo43
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...DhatriParmar
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQuiz Club NITW
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsPooky Knightsmith
 
Textual Evidence in Reading and Writing of SHS
Textual Evidence in Reading and Writing of SHSTextual Evidence in Reading and Writing of SHS
Textual Evidence in Reading and Writing of SHSMae Pangan
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfJemuel Francisco
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQuiz Club NITW
 
How to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseHow to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseCeline George
 
Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1GloryAnnCastre1
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptxmary850239
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxSayali Powar
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDhatriParmar
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfPrerana Jadhav
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management SystemChristalin Nelson
 
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxDIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxMichelleTuguinay1
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxDhatriParmar
 
Measures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataMeasures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataBabyAnnMotar
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research DiscourseAnita GoswamiGiri
 

Recently uploaded (20)

How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17
 
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxGrade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young minds
 
Textual Evidence in Reading and Writing of SHS
Textual Evidence in Reading and Writing of SHSTextual Evidence in Reading and Writing of SHS
Textual Evidence in Reading and Writing of SHS
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
 
How to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseHow to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 Database
 
Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1Reading and Writing Skills 11 quarter 4 melc 1
Reading and Writing Skills 11 quarter 4 melc 1
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
 
Paradigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTAParadigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTA
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdf
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management System
 
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxDIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
 
Measures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped dataMeasures of Position DECILES for ungrouped data
Measures of Position DECILES for ungrouped data
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research Discourse
 

What is a Brand? Key Elements and Strategies for Building Strong Brands

  • 1. What is a brand? Traditional Definition: According to American Marketing Association , a brand is ‘a name, term, symbol, or design, or a combination of these, intended to identify the goods or services of one seller or a group of sellers and to differentiate them from competitors. Modern Definition Brand is a promise made to the consumer to deliver certain tangible and in tangible values each time he buys the branded product.
  • 2. Brand v/s Product Product Brand All goods and services sold a name, term, symbol, or design, or a combination of these, intended to identify the goods or services of one seller or a group of sellers and to differentiate them from competitors. Bundle of features, functions, benefits and uses Bundle of functional benefits, emotional benefits and self-expressive benefits. It is a sum of all expectations that the consumer has. Product = Commodity Brand = Mindset. It is a real estate occupied in the minds of the consumers Gets outdated quickly Is timeless Undistinguished from others in the category A product which is distinct from others Physiological response is Physiological and Psychological
  • 3. What can be branded?  Physical Goods – Nescafe,Tata Nano, Sunsilk  Services- Tata AIG, Jet Airways, Hilton hotels  Retailers- Shopper’s Stop, Lifestyle, Big Bazaar  People – Amitabh Bacchan, SRK  Organisations- FIFA,BCCI, WWF  Sports Events – IPL, WWE, Olympics  Geographic Locations- Darjeeling Tea, Ratnagiri Alphansoes  Art & Entertainment – NCPA, Prithvi Theatre, Movies  Political Parties – Congress, BJP, AAP
  • 4. A Brand is more than a Product Organizational Brand Associations Personality Country of Symbols Origin Product Scope Attributes Quality ooppppppp User Emotional Imagery Benefits Uses Brand Customer Self- Expressive Relationship Benefits
  • 5. Product Characteristics  Scope (Colgate makes dental hygiene products)  Attributes (Volvo bus is safe)  Quality (Maruti cars are of good quality)  Uses (Mobile is used for various needs)
  • 6. Brand Characteristics  User Imagery (Alto buyer is from middle class)  Country of Origin (German Cars are the best)  Organizational Association (Apple is an innovative company)  Brand Personality (Apple & Sony products are stylish)  Symbols (M logo of Mcdonalds)  Brand-Customer Relationships (LIC is a partner for life)  Emotional Benefits (Porsche user feels pride while driving)  Self- expressive Benefits (Harley Davidson owner is a non-confirmist)
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12. Limitations of Branding  Customers may be paying a unjustified premium price. Apple products???  Involves huge expenditure for the company. Eg: HUL spends Rs 2000 crs in advertising and brand building.  Consumers may trust the brand blindly. Eg: Parle or Britannia Products  Customer’s expectations are always high. Again Apple products  Making a brand global is a difficult proposition. Eg: Balaji Wafers v/s Lays  Difficult to change consumer’s perception of the brand. Eg: New Coke
  • 13. Process of Branding  Step 1: Strategic Brand Audit - Mission, vision, goals and objectives - What you do? - Why it matters emotionally to customers? - What motivates your customers? - What your competition is doing? - What is the marketing environment? - If your brand was a person were a person, how would you like customers to describe the person? - How do you want customers to feel when they encounter your brand? - What marketing and branding have you done so far, what’s worked, and what hasn’t? Sum up what you want your brand to stand for in one word
  • 14.  Step 2: Identify Key Message Statements
  • 15.  Step 3: Creating Visual Identity - Logo - Colour Palette - Graphic Design Guidelines - Packaging - Corporate Stationery
  • 16. Step 4: Develop the marketing communication plan  Collaterals  Advertising  Promotional giveaways  Public relations activity  Events & trade shows
  • 17.  Step 5: Maintain Consistency - Have a basic design frame work for all variants with relevant customization. - Maintain consistency across all advertising mediums.
  • 18. General Traits of brand names  Acceptable (eg: Lumia means prostitute in Spanish)  Easy to recognize  Easy to pronounce  Easy to memorize and recall  Should be available to use  Should be registerable  Should be protectable by law
  • 19. Types of Brand Names  Intialism  Descriptive
  • 20.  Suggestive  Alliteration and Rhyme  Evocative
  • 21.  Neologisms (Free Standing)  Foreign Word “I roll” in Latin “People’s Car” in German “Tri-star” in Korean
  • 22.  Founder’s Name  Geography and Landmarks  Personification
  • 23. Brandnomer or Generic Brand  Xerox = Photocopying  Cadbury’s = Chocolate  Bisleri = Bottled water Definition: Brand Name becomes synonymous with product category (Class Exercise: Name other generic brands)
  • 24. Brand Logo  Combination of shape & color  Brand name may or may not appear in the logo  Should increase notice ability  Gives an identity to the brand  80% of consumer learning happens through the eyes  Consumer associates brand logo with some visuals / images
  • 25. Examples of brand logos and corresponding visuals
  • 26. Elements of a brand logo  Colour  Geometric shape  Font  Key Message Statement  Brand name  Brand symbol
  • 27. Brand Symbols lead to  Awareness of the brand  Brand associations  Likeability  Stronger Memories
  • 28. Building strong brands. Why is it hard? Brand building blocks  Pressure to compete on price (telecom operators, mobile handsets)  Proliferation of competitors (biscuits/shampoos/deodorants)  Fragmented advertising options (increases advertising cost)  Too many sub-brands  Lack of consistency  Complacency and lack of innovation (Top Ramen noodles)  Focus on other businesses/brands (Xerox)  Short term profits v/s long term brand building
  • 29. Guidelines for building strong brands – by David Aaker  Define brand identity for each brand (what does it stand for in consumer’s mind)  Know the value proposition (give & take equation)  Brand Position (where is it placed in consumer’s mind)  Well defined advertising strategy  Maintain consistency over time (logo, symbol, punch line, colour, shape)  Brand System (consistency of brands in the portfolio)  Brand leverage (extend brands to other product categories)  Track brand equity  Brand responsibility  Keep investing in brands (eg:What’s up)
  • 30. Brand Elements  Brand Name - Core indicator of the brand - Basis for awareness - Basis for communication effects - Basis for sales measurement - A constant in marketing plan  Brand Logo  Brand Character or Symbol  Slogan  Jingle  Packaging
  • 31. Creating Brand Symbols  Non-living characters
  • 32. Creating Brand Symbols  Animals
  • 37. Creating Brand Symbols  Geometric Shapes
  • 39. Creating Brand Symbols  Monuments
  • 40. Creating Brand Symbols  No symbol
  • 41. Class Exercise. Individual Name One brand for each type of Brand Symbol
  • 42. Elements of Non- living Brand Characters  Be Unique
  • 43. • Have distinct colours
  • 44.  Character Name - Ronald The Donald for McDonalds - Devil of Onida - Fido Dido for 7Up - Asian Paints Gattu - Captain of Captain Cook Aata - Maharaja of Air India Name other characters.
  • 45.  Have standardized features and traits - Smile of Ronald The Donald - Hair, frock and ribbon of Amul Girl - Moustache of Pringles Character - Muscles of Michelin’s Character - Chef Cap of Dough Boy - Dancing girl of Nirma
  • 46.  Should Evoke a Feeling - Happiness for McDonalds - In Command for Captain Cook - Humour for Charlie Chaplin (Cherry Blossom) - Protection and Strength for Michelin Tyres - Fun and Masti for Fidi Dido of 7Up - Hospitality for Maharaja of Air India - Strength for Mr.Muscle
  • 47. Slogan  Maggi - Taste Bhi Health Bhi  Ghadi - Pehle Istamal Kare Phir Vishwas Kare  Mc Donalds - I’m loving it  Kurkure- Tedha Hai Par Mera Hai  Amul- The Taste of India  Surf- Daag Acche Hai  Asian Paints- Har Ghar Kuch Kehta Hai  Rasna – Life Mein Milaofai  Frooti- Fresh & Juicy  Bingo – No Confusion Great Combination  Raymond’s – The Complete man  Boost : Boost is the secret of our energy  Polo : The mint with a hole  Idea : An Idea can Change your life
  • 48. Jingles  Hamara Bajaj  Nirma  Ghadi Detergent  Intel Inside
  • 49. Characteristics of Jingles  Musical messages  Have catchy choruses  Often includes brand name
  • 50. Packaging  Definition: The activity of designing and producing containers or wrappers for a product
  • 51. Objectives of Packaging  Identify the brand distinctively. Eg: Parle G  Convey descriptive and persuasive information. Eg: Maggi 2 minutes  Facilitate product transportation and protection  Assist at home storage.  Aid product consumption  Should be aesthetic
  • 52. Elements of Packaging  Visual- colour, graphics and text  Size  Material  Shape  Weight  Tamper proof  Leak proof
  • 54. Innovation in Packaging Field exercise- Bring any one innovative packing to class
  • 55. Choosing Brand Elements  Memorable a) Easily Recognized b) Easily Recalled  Meaningful a) Descriptive b) Persuasive  Likable a) Fun & Interesting b) Rich Visual Imagery c) Aesthetically Pleasing  Transferable a) With in and across product categories b) Across Geographical boundaries and cultures  Adaptable a) Flexible & Updateable  Protectable a)Legally b) Competitively Brand Building Process Stretch ability and Defensive strategy
  • 56. Concept of Brand Identity  Aaker defines brand identity as “a unique set of brand associations that the brand strategies aspire to create or maintain. These associations represent what the brand stands for and imply a promise to customers from the organization members.”
  • 57. Concept of Brand Identity  What are its values?  What resides in its centre?  What is it unique focus?  What is its value proposition?  How does it differ from the rest?  It clarifies the direction and meaning to brand managers  What is the brand’s essence , soul, values and vision?
  • 58. Brand Identity Perspectives  According to Aaker brand identity consists of various dimensions which can be organized around four perspectives:- - Brand as a product - Brand as an organisation - Brand as a person - Brand as a symbol
  • 59. Brand as a product  Product related associations such as product attributes, quality, users, etc. Eg: Cherry is strongly associated with boot polish, VISA with cards, AMUL with milk products, PRO V with Pantene shampoo, PSPO with Orient Fans.  Product attribute related associations directly convey the functional benefits of the product.  User / Usage associations Eg: Johnson & Johnson products are meant for babies, Ujala for post washing whitening for clothes Intel – Power with-in / Power that is hidden / Inside power
  • 60. Brand as a product  Some brands / products by design associate themselves with the country of origin. Eg: Swiss made watches like Rado, Rolex and Omega Handicrafts and Jewelry from India Diamonds from Belgium
  • 61. Brand as an Organisation  A brand may directly borrow its manufacturer’s attribute or association Eg: Tata (people sensitive culture) Sony & Apple (innovation & quality) Fab India (environment sensitivity) Flipkart (customer service)  Such associations provide better competitive insulation than solely product based association  Product parity can be easily achieved by other brands due to proliferation of technology  Organisational associations are build over a period of time
  • 62. Brand as a person  Customer relationship with a brand may based on its human like be traits  Brands can be humanised  What is the brand’s personality?  Brand can be infused with human characteristics like down to earth, sophisticated,rugged,fashionable. Eg: 1) Omega is a celebrity watch which has only top celebrities as brand ambassador. Cindy Crawford, SRK and Pierce Brosnan. 2) Wood land has a rugged and tough character
  • 63. Brand as a symbol  Brands may have tree types of symbols; Visual images, metaphor and heritage of brand. Eg: Siyaram’s clothing - Heritage LIC – “Protection” Kelvinator for “coolest one” Ponds is a metaphor for delicate, feminine and floral characteristics
  • 64. Brand Identity Levels  Brands have two levels of identity i.e central /core/fundamental identity and peripheral Design Product Packaging Character Personality Brand Essence/So ul Logo/symbol Brand Name Slogan
  • 65. Core Identity (Inner Core)  It is the soft core of the brand which is surrounded with layers of peripheral identity elements.  What does the brand stand for?  What is the essence of the brand?  What are the values, beliefs and principles of the brand?  It is the reason why the brand has been brought into existence  It envelopes the brand with its unique selling preposition(USP) or appeal  It is some times based on the characteristics of the person behind it Eg: Apple – Steve Jobs- Perfection  It is constant and does not change overtime  It is timeless  It is the reason why the brand was born  It is the intangible philosophy behind the brand
  • 66. Core Identity  Lux - Beauty  3 M – innovation and improvement of life  Dettol – antiseptic and protection  Johnson & Johnson – Trust and quality a baby needs  Nirma – value for money brand  Pepsi - Fun & excitement for youth  Lifebuoy – Protection from germs and health  GE- Infusing life
  • 67. Core Identity- McDonalds  McDonalds philosophy is condensed in four letters QSCV – quality, service, consistency and values  McDonalds restaurants through out the world are built on its inner core which is never tampered with.  However the outer core can be changed to suit local conditions  The outer core includes : a) Product scope (Mc Burger, Mc Pizza, Mc Puff, McDonald happy Meal)) b) Operations (efficiency in service) c) Personality (family oriented, genuine, cheerful and middle class) d) Signage/Logo/Symbol – Golden Arches e) Character- Ronald the Donald
  • 68. Extended identity (Outer Core)  The outer core includes elements like product features, symbol, user profile, personality slogans, endorsers, characters, name and packaging.  It is the physical manifestation of the brand
  • 69. Brand Identity-Dettol  Inner Core: Protection against germs  Outer Core: Product Scope Antiseptic, Liquid, Plaster, Soap, Shaving cream Symbol Dettol Sword / Dagger Personality Reliable, Trustworthy,Strong Slogan Be 100 % sure Smell Unique Dettol smell User Children, Young Adults,Hygeine Consious,Urban Packaging Colours that signify safety and protection
  • 70. Brand Identity- Horlicks  Inner Core: Nutrition and Health  Outer Core: Product Scope Products that supplement nutritional needs eg: Horlicks Biscuits Heritage Company has been in the business of providing nourishment since decades User Any one who needs nutrition and health, children, to be mothers, old people,working people, housewives, the entire family Personality Protecting, caring, supportive and concerned
  • 71. Why do Brands matter? Advantages of Branding  Organizational Perspective  Consumer perspective
  • 72. Organizational Perspective  Is an Asset for the organization  Is an Identifier for channel partners  A Short-hand for information  Has Legal Protection  Has Differential advantage  Has Unique Associations  Commands a Price Premium  Enhances Customer Loyalty  Leads to Higher Market Share & Revenue  Has Inelastic response to price increase  A barrier to entry of other brands
  • 73. Consumer perspective  Source of Identification  Aids Recall  Aids Habitual Purchase  Proxy for Quality  Source of Evaluation  Tool to simplify decision making  Risk Reducer - Financial Risk - Performance Risk - Time Risk - Social Risk - Psychological Risk  Tool to express self image