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BRANDING Name – Aruj Kaintura Course – B.B.A Batch – 2015-18 Section - B

BRANDING

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Page 1: BRANDING

BRANDINGName – Aruj Kaintura

Course – B.B.ABatch – 2015-18

Section - B

Page 2: BRANDING

BRAND“ Brand is a name, term, sign, symbol, design or combination of them which is intended to identify the goods or services of one seller or a group of sellers and to differentiate them from those of competitors”

- American Marketing AssociationA brand typically includes a name, logo and other visual elements such as images, fonts, color schemes or symbols.

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BRANDINIG• Branding refers to the entire process involved in creating a unique

name and image for a product (good or service) in the consumers’ mind, through advertising campaigns with a consistent theme.

• Branding aims to establish a significant and differentiated presence in the market that attracts and retains loyal customers.

• Branding is the practice of giving a specific name to a product or group of products of one seller.

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DEFINITION“branding means creating an emotional association (such as the feeling of success, happiness, or relief) that customers form with the product, service or company”

- Jared Spool

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BRANDING PRINCIPLESConsistencyClarityContinuityVisibilityAuthenticity

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BRANDING STRATEGIESProduct BrandingLine BrandingRange BrandingEndorsement BrandingUmbrella branding

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PRODUCT BRANDING

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LINE BRANDING

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RANGE BRANDING

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ENDORSEMENT BRANDING

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UMBRELLA BRANDING

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FACTORS TO BE CONSIDERED†Quality†Positioning†Repositioning†Communication†First – Mover Advantage†Long – Term Perspective† Internal Marketing

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BRANDING IMPLICATIONS•Reduce Marketing Investment•Facilitates Long – Term planning• Increases Cash Flow Efficiency• Increases Value of Business

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