brand strategy
DESCRIPTION
This is a brand strategy presentation that helped me communicate to top management the real definition of branding that was essentially needed for the company. I was able to elevate sales more 300% with the new brands launched by following some strategies mentioned in the presentation in detail. The information in this presentation is common and not confidential. It is just about the concept of branding but mainly focused for FMCG companies.TRANSCRIPT
BRAND
STRATEGY
Agenda
• Brand vision
• Brand positioning
• Strategic branding | Four types
• Most suitable strategy
• Brand hierarchy
• Brand awareness, building & equity
• Blue ocean strategy
• Brand ambassadors
• Value added, brand elements
• 360 ° brand experience
• Questions
BRAND VISION
• What does Stand for?
• If I go to the streets asking the first 5 people I
meet do you know Zalloum?
• What do you know about Zalloum?
• What do you think they would say?
BRAND VISION
• Where the brand can go and where it cannot?
• What business are we in?
BRAND POSITIONING
• The place in the consumer’s mind that we want
our brand to own –the benefit we want them
to think of when they think of our brand
• Kraft Foods – Delicious food
BRAND POSITIONING
• LU Premium biscuits – health & Wellness
BRAND POSITIONING
• Mc-Vitie’s – Natural & healthy biscuits
BRAND POSITIONING
• Walkers – “The world's finest shortbread.“
• Then, Scotland’s finest…
BRAND POSITIONING
• Now, what is our brand positioning strategy?
• What type of biscuits can we do BEST?
• Do we want to lead the market in a specific
biscuits category?
• What do we want people to think of us?
• If we decide on such a specific category, do we
have the capabilities to become pioneers in it?
BRAND POSITIONING
• The target market we wish to pursue
• Business we are in or category we
compete in
• PODs, POPs & key benefits
WELL CRAFTED BRAND
POSITIONING
Types of branding strategy
• Zalloum can opt for one or more of the 4 brand
strategies:
1. Product branding
2. Product-line branding
3. Product-range branding
4. Corporate branding
PRODUCT BRANDING STRATEGY
• an exclusive brand name for each product and the company name being ignored. Every new product the company brings on to the market is a new brand.
• Ex. Uniliver brands
Pros Cons
It allows the brand to have unique
values, personality, identity and
positioning.
evaluate brand performance and worth
and allows better resource-allocation
decisions.
product cannibalization.
higher advertising and promotion
budget
totally self-supporting with little or no
corporate brand name assistance.
PRODUCT BRANDING STRATEGY
PRODUCT-LINE BRANDING
STRATEGY
• products appear under the same brand name, same
basic identity but with slightly different competencies
• E.g. Product line extension - Ivory soap and Ivory
shampoo
BRAND EXTENTIONS
• The concept of congruence determines the success of a brand extension strategy
• E.g. Johnson’s baby powder and Johnson’s baby oil – high congruence. But imagine Lysol toilet bowl cleaner and Lysol toothpaste!!!
Pros Cons
economies of scale in advertising and
promotion.
each new line extension strengthens
the position of the brand and therefore
its image.
The line helps defend the category
from predatory attack.
Difficult to extend different consumer
groups or segments.
PRODUCT-LINE BRANDING
STRATEGY
PRODUCT- RANGE BRANDING
STRATEGY
• A number of products in a broad category are grouped
together under one brand name and promoted with one basic identity
• Compared to product-line branding, product-range branded products carry out basically the same functions but at different performance levels like various cars in the Mercedes S, E, C and A class and Intel’s Pentium and Celeron ranges of microprocessors
• Therefore the advantage here is that a single brand name allows some economies of scale in advertising and promotion as the products tend to carry the same overall brand values and positioning
PRODUCT- RANGE BRANDING
STRATEGY
CORPORATE BRANDING
STRATEGY
• The product brand name has a high profile but is
endorsed by the parent company which gives the
product a stamp of quality and credibility
• Here the product brand is self supporting in
practically every respect but retains the assurance of
the corporate brand endorsement
• The main disadvantage here is that corporate does
not leverage scale of economies in advertising and
promotion as each product gets advertised separately
CORPORATE BRANDING
STRATEGY
BEST STRATEGY OPTION
STRATEGY OBJECTIVE ADVANTAGES
PRODUCT- RANGE
BRANDING STRATEGY We establish an umbrella brand to carry all products under the biscuits business. We invest to build this brand and give it a unique identity.
a single brand name allows
some economies of scale in
advertising and promotion
as the products tend to carry
the same overall brand
values and positioning.
According to the current situation, this is the best strategy that meets future
objectives of the biscuits business.
BRAND HIERARCHY
Biscuits business
Zalloum Group
Biscuits business
(Bis Kit)
Geena
Geena strowberry
Geena Chocolate
Geena Vanilla
Choco2
Choco2 Honey Double Choco2
Yami
Yami Caramel Yami Choco
Petit Beurre
80GM 1000GM
Finger
BRAND HIERARCHY
Food Business
Zalloum Group
Rawabi Food business
Beans business
(Rawabi)
99 (400GM) 74 (380GM)
Tommato paste business
(Rawabi)
high concentration
300GM 140GM
medium concentration
Buscuits buisness
What is a brand?
• A brand is a name, label, package, sign,
symbol, design, character or a combination of
the above to identify the goods or service of a
seller and differentiate it from the rest of the
competitors
• Ex. Al Bader and Golden
Brand Awareness
• brand recall requires that consumers correctly generate the brand from memory when given relevant cue
• For example, recall of Kellogg's Corn Flakes will depend on consumers ability to retrieve the brand when they think of the cereal category
Brand Awareness
Brand Building
• Involves all the activities that are necessary to
nurture a brand into a healthy cash flow
stream after launch
What kind of activities?
Eg.
• Product development
• Packaging
• Advertising
• Promotion
• Sales and distribution
Brand equity
What happens when equity increases?
•Bargaining power with distributors on price
can have some justification for above the
average pricing
•Channels will search for our products, thus
less distribution cost
•Stronger competitive position in the market
•Lower advertising and promotions cost
•We can have more brand extensions
How does one build PROFITABLE brands?
• Economics and market price
• Branding can ask for a higher price claiming “I
am different and unique, not like others!”
• Impulse items, people are willing to pay more
buying emotional factors of a brand, intangible
assets of a brand
Barriers to Long-Term Success of Improving Existing Businesses
• Competitors response – fast and vigorous
• Hard to hide incremental innovations
• Market dynamics – easy to get behind/less relevant
PPT 12-34
How does one build PROFITABLE brands?
Blue Ocean Strategy
Multiple Product/brand variations that decrease uniqueness. Ex. Happy
Choco in different brand extentions
Unique Revenue and
brand identity
Theme STRONG diff’n
Artistic style
Focusing on traditional
factors /POP in communication
How does one build PROFITABLE brands?
• Blue Ocean Strategy
• Differentiation: something that says “WOW”
How does one build PROFITABLE brands?
• Differentiation: something that says “WOW”
How does one build PROFITABLE brands?
How does one build PROFITABLE brands?
• Blue Ocean Strategy
How does one build brands?
• Product placement in a mall - Guerrilla marketing
• REAL RACING CAR!
• promotion, small car as a gift with every package
Get your chance to win this car!
Brand Ambassadors
• A marketing term for a celebrity employed by
a company to promote its products or services
within the activity known as celebrity
branding.
How does one add value?
• “value is in the eyes of the beholder”
• Good product quality / consistent
• Unique identity that communicates the value of quality
• It is hard for rivals to copy emotional factors
The value proposition
Sort out functional values
Stay relevant
Keep adding value
Specialization
Consistent
Simplicity
Creating the brand
• Choosing a brand name
• Develop rich associations and promises
• Managing customer brand contact to meet and
exceed expectations
Considerations in choosing a brand
name
• What does the brand name mean?
• What associations / performance / expectations
does it evoke ?
• What degree of preference does it create?
A brand name should indicate
• Product benefits
• Product quality
• Names easy to
remember, recognize,
pronounce
• Product category
• Distinctiveness
Brand Elements
• Criteria for choosing brand elements: • Memorability: easily recalled and recognized. • Meaningful: descriptive and persuasive meaning. Identified
based on the brand element. Suggest something about a particular kind of product, key attributes or benefits.
• Likeability: fun and interesting. Rich visual and verbal imagery. Pleasing.
• Transferability: within all categories, ages and cities. In general, the less specific the name, the more easily it can be transferred across categories.
• Adaptability: most brand elements must be updated. (Betty Crocker brand stays up-to-date).
• Protectability: legally protected internationally or regionally
360 ° Brand Experience
• It is the marketer’s promise to give a set of
features and benefits consistently
• A logo is not your brand, nor is it your identity
• Thank you
• Questions?