brand building final

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  • 8/3/2019 Brand Building FINAL

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    Research For Building

    International Brand

    Presented By

    Amarjeet

    Sushil Kumar

    Bikash Bhagat

    Chandan Pratap Singh

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    What is Brand building?

    Involves all those activities that arenecessary to nurture a brand into a

    healthy cash flow stream for the

    company after launch

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    Advertising does a lot to help build

    brands

    Every ad contributes to make the brand what

    it is in the minds of the consumerDavid Ogilvy

    A companys brand is the primary source of

    its competitive advantage and is a veryvaluable strategic assetDavid Aaker

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    Brand Equity

    When a commodity becomes a brand, it is

    said to have equity. It starts with a name

    and can go up or down depending on themarketing activity that is done by the

    marketer. A name becomes a brand when

    consumers associate it with a set of tangibleand intangible benefits that they obtain from

    the product or service.

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    How to measure equity?

    The premium a brand can command in the

    market

    The difference between the intrinsic and

    perceived value of the product

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    What do power brands have that

    others dont? A distinctive product

    Delivering brand promise

    Personality and presence

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    Personality

    Emotional bond with the customer

    Generates relationships measurably stronger

    than ordinary brands

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    Presence

    Seem to be present everywhere, enforcing

    distinctiveness

    National/international scale

    Successful brand extensions

    Multiple concept and channels

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    Tangibles of brand equity

    Shape

    Colour

    Size

    Models

    Price

    Features Benefits

    Grades

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    Intangibles of brand equity

    Company name

    Brand name

    Slogan and itsunderlying

    associations

    Perceived quality Brand awareness

    Customer base

    Trademarks and

    patents Channel relationships

    Customer loyalty

    Customer confidence Competitive advantage

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    Value Proposition

    Broad positioning

    Specific positioning

    Value positioning

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    Creating the brand

    Choosing brand name

    Developing rich associations and promises

    Manage customer brand contacts to meet

    and exceed customer expectations

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    Choosing a brand name

    What does it mean?

    What performance/ expectations/

    associations does it evoke?

    What degree of preference does it create?

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    Brand names should denote

    Product benefits

    Product quality

    Be easy to pronounce/remember/recognise

    Be distinctive

    Not have poor meanings in other countriesor languages

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    Brand Ambassadors

    These are used to create the Brand

    personality, just like a human being.

    Therefore in some way the values andpersonality of the ambassador rubs off into

    the brand. Therfore the brand and choice of

    the ambassador must fit.

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    Brand Status

    Step up advertising Cash cow. Need to

    sustain brand

    building activities

    Product should be

    phased out

    Troubled brand.

    Product upgradation

    required

    Esteem

    Familiarity

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    THANK YOU