Professional Documents
Culture Documents
MBA(G)
SECTION-B
3RD SEMESTER
PBM-2
CO BRANDING
CONCEPT
Definition:
"Competing for Customers and Capital".Southwest Airlines: Put a Little LUV in Your Logo!. customersandcapital.com
INTENT
FORMS
Ingredient co-branding: Creating brand equity for materials, components or parts
that are contained within other products.
Examples:
Betty Crockers brownie mix includes Hersheys chocolate syrup Slide 7
Same-company co-branding. This is when a company with more than one product
promotes their own brands together simultaneously.
Promotional CoBranding:. Co-branding with persons or events. Eg Tiger Accenture
Joint venture co-branding is another form of co-branding defined as two or more
companies going for a strategic alliance to present a product to the target audience.
Slide 10
Example:
British Airways and Citibank formed a partnership offering a credit
Multiple sponsor co-branding. This form of co-branding involves two or more
companies working together to form a strategic alliance in technology, promotions,
sales, etc.
CO-BRANDING IN INDIA
Benefits of Co branding
According to an article written by Juliette Boone about cobranding, at least five reasons exist for forming an alliance:
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Disadvantages
- If a brand has too many Brand Liabilities this can be detrimental
to the other brand.
- Customer dissatisfaction
- Environmental problems
- Product or service failures
- Questionable business practices
- Devaluation
- If one partner files for bankruptcy an unexpected challenge
- Threats to operation the partnering organizations may not be
able to work well together
- Conflict of interest if two organizations are looking to attract the
same customer, this can be detrimental to sales of one or both
partners
http://www.managementstudyguide.com/co-branding.htm
Source: http://www.business-standard.com/india/news/dmrccitibank-launch-co-branded-transit-credi
t-card/322235/
WOODS-ACCENTURE
http://www.duetsblog.com/2010/01/articles/irreparable-harm-to-the-accenture
FAILURE
Woods car crash, the revelations of
third parties, marital issues were
key reasons for failure.
Accenture backed out of an
endorsement deal worth an
estimated $7 million a year.
Six year investment ended abruptly
on a low, negative note rather than
strategically timed graceful
separation.
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rising losses,
internal squabbles
increasing competition from rivals
Management problems and a corporate culture clash
prohibited the desired synergy.
A victim of the downturn in tech, collapsing telecom prices
and huge debt levels accumulated to pay for new-generation
mobile-phone licenses, Concert bled cash and was expected
to rack up losses on the order of $800 million this year alone.
Source-http://www.forbes.com/2001/10/16/1016concert.html
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BODYGUARD
Bodyguard is a film starring
Salman Khan and Kareena
Kapoor in the lead.
The movie released on occasion
of Eid.
The movie has in the span of 6
days managed to do collection
of over Rs. 100cr.
Movie makers usually use cobranding to generate revenue
before the movie is released.
In this movie the lead actors are
well known brands.
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