katho branding101_brand strategy & marketing mix

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Branding 101Brand strategy & the Marketing Mix

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Product Price

PromotionPlace

USP

Features

Benefits

Position in the marketplace

Position in the marketplace

Strategy (skimming/ penetration/premium)

channels of distribution

speed of delivery

location

online

Integrated Marketing Communications (Advertising, Public Relations, Social Media, Sales promotion, Personal selling, Word-of-mouth, Interactive marketing, Events)

decisions:brand namefunctionalityqualitysafetypackagingwarranty repairs

transportationwarehousingorder processinginventory...

discountwholesale pricingseasonal pricingsuggested retail price

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Target national contradictions and challenge anxieties and desires in society

Create myths that lead culture

Speak with a rebel’s voice

Draw on political authority to rebuild the myth

Draw on cultural knowledge

Iconic brands

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Valuable intangible asset

Solid demand for product

Ability to reproduce consumer experience in new market

Global branding

Standardization

Homogenization

Integration (of marketing activities)

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What are the weaknesses and risks of global branding?

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Identify adaptations of global brands in yourown country.

Describe the marketing mix.

What strategies have they followed to ensure the local but also maintain a global brand following?

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IMC

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IMC

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Category needed

Brand attitude

Brand awareness

Purchase intention

Message

Creative

Adaptation

Informational/transformational appeals

Positive/Negative appeals

Expertise

LikeabilityTrustworthiness

Personal

Non-personal

Integration

Advocate

ExpertSocial

Media

Sales promotion

Events

Public Relations

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Affordable

Percentage of sales

Competitive parity

Objective-and-task

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A typology of the different ways consumers behave as participatory, creative collectives in online communities Source: R. V. Kozinets, A. Hemetsberger and H. J. Schau (2008) The wisdom of consumer crowds: collective innovation in the age of networked marketing, Journal of Macromarketing. Copyright © 2008 Sage Publications, Inc.

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