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WHAT ARE BRANDS GOOD FOR ??

What are brands good for

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Page 1: What are brands good for

WHAT ARE BRANDS GOOD FOR ??

Page 2: What are brands good for

BRANDS AGGREGATE consumers

Page 3: What are brands good for

Advertising and Promotion helps to ATTRACT consumers

Page 4: What are brands good for

INFORMATION REVOLUTION has led to consumer DISAGGREGATION

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Then what are brands good for ?

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3 CORE AREAS

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1. CONSUMER RELATIONSHIP

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Customer Information through various CHANNELS has led to build relations with consumer.

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Disaggregate marketing is SIMPLE

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It is FAST to respond to customer.

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How Disaggregation does it better ??

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Locus shifts from product to umbrella brand

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TACTICAL ACTIVITIES like competitive reactions, product trial coupons are IMPLEMENTED with consumers.

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Disaggregation is nothing but shedding of roles and sharpening focus.

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BRAND is a TOOL in toolbox of marketing whose job is to manage consumer relationship.

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2. CHANNEL RELATIONSHIP

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RETAILERS adopt relationship based approach to marketing.They create brand AWARENESS.

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BRANDS spend on Retailers TWICE as spent to market the brand toconsumer.

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DISAGGREGATION restores some BALANCE for Manufactures.

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BUT for Retailers :BETTER VARIETY, MORE SEGMENTATION.

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3. BRAND MANAGEMENT ORGANIZATION.

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MARKETING IS BRAND MANAGER PLUS THE BRAND MANAGEMENT SYSTEM.

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BUT .. ADOPTING

CUSTOMER LEVEL DISAGGREGATION INITIATIVES IS

IMPORTANT.

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M

DISAGGREGATION is nothing but a different MEDIA.

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ORGANIZATION are built around BRANDS

A switch to consumer centric organization cannot happen overnight.

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3 ELEMENTS:

1. RELATIONSHIP BUILDING ENTITY.

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2. TARGETED COMMUNICATION THAT EXERT TACTICAL BEHAVIOUR.

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3. OBTAINING EXPERTISE IN NEW PRODUCT AND BRAND DEVELOPMENT.

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- MEASURES USED TO GAUGE SUCCESS.

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AND INCENTIVES

TO MOTIVATE

PEOPLE.

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- WAY THEY

DEPLOY

RESOURCE

S TO

MAKET.

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- MANNERS IN WHICH TEAM CO-ORDINATES.

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THE VALUE PROPOSITION OF BRAND.

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DESPITE MANY UPHEAVELS, BRAND HAVE ENDURED AND CONTINUED TO FLOURISH.

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DISAGGREGATION IS EFFICIENT AND PROFITABLE.

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-SO BRANDS ARE EXCELLENT MEANS OF DEVELOPING AND COMMUNICATING A DIFFERENTIATED VALUE PROPOSITION IN THE MARKET.-A MANUFACTURER’S UMBRELLA BRAND MIGHT EVEN ASPIRE A RELATIONSHIP WITH CUSTOMER.

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THANK YOU