branding
DESCRIPTION
BrandingTRANSCRIPT
BRANDINGAdhish Kumar Sinha
Ayush Narain Mathur
Dinesh Iyer
Manoj Kumar Karlekar
Surbhi Singh
Prin LN Welingkar Institute of Management Development & Research ,Bangalore
BRANDING DECISION
NO BRAND
• Apple
• GE
• Microsoft
Reasons:-
• Distinguish you
• Gives personality
• Gives Reputation
• Promote Loyalty
• Paper Soaps• Commodities ( Pulses
(Exception-Basmati Rice))
• Toilet Papers• Nail CuttersReasons :-• People buy by choice
and cost is the parameter
• Rarely they give focus on brands
BRAND
Brand – Sponsor Decision
Manufacturer Brand
Manufacturer brands are created by producers and bear their chosen brand name. The producer is responsible for marketing the brand. The brand is owned by the producer
AUDI Royal Enfield Rolex TATA Steel
Types Meaning Examples
Distributor (Private) Brand
Own-label brands are created and owned by businesses that operate in the distribution channel – often referred to as “distributors”.
Mom & Me – Kirti Big Bazaar FMCD- Sensie
& Koryo More – Feasters ( Chips &
Cookies)
Licensed Brand
It is a process of creating and managing contracts between the owner of a brand and a company or individual who wants to use the brand in association with a product, for an agreed period of time, within an agreed territory
Arvind Mills – Wrangler , Arrow
Viacom has brought in popular characters from Nickelodeon like Dora The Explorer and SpongeBob SquarePants
Brand – Name Decision
Individual Name
A product could be branded with a name that has no association with the other products belonging to the organisation.
Procter & Gamble – Pampers & Tide
Coca- Cola – Fanta & Powerade
Types Meaning Examples
Blanket Family Name
In this strategy, every product the company offers to market bears the same brand name. Usually, this name is a company name.
Aditya Birla – Hindalco , Grasim, Ultratech cement
HUL – Brooke Bond , Lakme
Separate Family Name
A branding approach that focuses on the company name and individual brand name.
Britannia – Good-Day Kellogg’s - Chocos
This is used by companies which produces product of different sectors. In this strategy , separate brand name for each line is used.
Apple – Iphone, Ipad & Ipod
TATA – Steel , Nano & Salt
Company – Individual
Name
Brand – Strategy Decision
Line Extensions
it means introducing additional items in the given product category.
Colgate – White, Gel Head & Shoulder – Anti –
dandruff , Hair Fall
Types Meaning Examples
Brand Extension
it means extending a successful brand name to more products. It is a very strong tool in brand development and the product enter easily without any extra cost
HUL – Close-up & Pepsodent
Multi- Brand
a new brand name is introduce by the company in case when it is entering into a new product category and for that product existing brand name is not suitable.
Tata - JLR
sometimes to lock up the shelves of the retail shop’s company’s generally launch additional brand in the same category
Amul – Butter , Milk , Ghee
New Brand
Co- BrandingCo-branding is being used increasingly by companies large and small to raise awareness and generate sales
DELL – INTEL AT&T Universal Master
Card
Brand – Repositioning Decision
Repositioning
No-Repositioning
Conventional brand repositioning wisdom is to alter the brand’s position incrementally from the established position, playing off of current assumptions about the brand
• Tata Nano being reposition for youth
Meaning
Example :-
• Volvo has had limited success with its performance (versus safety) based models.
Meaning
begins from a point of origin (core idea) and considers historic message layering to derive a current perception as it pertains to the target audience. A core idea is a word or thought that encompasses all facets of the brand.Example :-
• Cadbury – Chocolate ( but it has product like Bournvita & Tang)
• Bisleri– water (Soda, wipes,Ice-box)