JhaL ls a roducL? JhaL ls a roducL? W Anyth|ng that can be offered to a market for attent|on acqu|s|t|on use or consumpt|on W Sat|sf|es a want or a need W Inc|udes hys|ca| roducts Serv|ces ersons |aces Crgan|zat|ons Ideas Comb|nat|ons ur vlbhuLl 1rlpaLhl SMS eve|s of roduct eve|s of roduct 8rand Name ua||ty eve| ackag|ng Des|gn Ieatures De||very Cred|t Insta||at|on Warranty After Sa|e Serv|ce Core Benefit or Service Core Benefit or Service ActuaI Product ActuaI Product Core Product FundamentaI Need Core Product FundamentaI Need Augmented roduct Add|t|ona| Attr|butes Augmented roduct Add|t|ona| Attr|butes ur vlbhuLl 1rlpaLhl SMS roduct Attr|bute Dec|s|ons roduct Attr|bute Dec|s|ons "uaIity "uaIity "uaIity "uaIity Features Features Features Features Design Design Design Design ur vlbhuLl 1rlpaLhl SMS JhaL ls a Servlce? W A form of producL LhaL conslsLs of acLlvlLles beneflLs or saLlsfacLlons offered for sale LhaL are essenLlally lnLanglble and do noL resulL ln Lhe ownershlp of anyLhlng Lxamples banklng hoLel alrllne reLall Lax preparaLlon home repalrs ur vlbhuLl 1rlpaLhl SMS -aLure and CharacLerlsLlcs of a Servlce ur vlbhuLl 1rlpaLhl SMS 1he roducLServlce ConLlnuum Sugar Restaurant College Education Pure Tangible Cood Pure Service ur vlbhuLl 1rlpaLhl SMS 8rand Def|ned A brand |s a name term s|gn symbo| or des|gn or a comb|nat|on of these that |dent|f|es the maker or se||er of a product or serv|ce 8rand|ng Creat|ng ma|nta|n|ng protect|ng and enhanc|ng products and serv|ces ur vlbhuLl 1rlpaLhl SMS 8rand |s a product that adds d|mens|ons to d|fferent|ate from other products des|gned to sat|sfy the same need D|fferences cou|d be rat|ona| tang|b|e funct|ona| Symbo||c emot|ona| |ntang|b|e Ck ur vlbhuLl 1rlpaLhl SMS 8enef|ts of 8rands to Consumers 1 Ident|f|cat|on of source of products 2 k|sk keducer Consumers may perce|ve d|fferent types of r|sks |n buy|ng Iunct|ona| k|sk product performance hys|ca| k|sk hea|th re|ated hazards I|nanc|a| k|sk worth for the pr|ce pa|d Soc|a| k|sk status embarrassments ur vlbhuLl 1rlpaLhl SMS @|me Lnergy k|sk cost of f|nd|ng another Sat|sfactory product 8rands can be a very |mportant r|skhand||ng dev|ce 3 Search Cost keducer 4 8ond or act w|th the manufacturer or Serv|ce rov|der ut|||ty cons|stency Appropr|ateness s of Market|ng S Symbo||c Dev|ce ersona||ty tra|ts va|ues ur vlbhuLl 1rlpaLhl SMS 8enef|ts of 8rands to Compan|es 1 Ident|f|cat|on 1 Ident|f|cat|on 2 ega| rotect|on 3 S|gna| of qua||ty |eve| to sat|sf|ed customers 4 Compet|t|ve Advantage S I|nanc|a| returns ur vlbhuLl 1rlpaLhl SMS 8rand|ng Cha||enges 1 Savvy Customers advent of I@ know|edgeab|e exper|enced demand|ng 2 ro||ferat|ons ||ne and brand extens|ons comp||cated the market|ng dec|s|ons 3 Increased Compet|t|on 8rand extens|ons G|oba||zat|on Im|tat|ons 4 Med|a Iragmentat|on non trad|t|ona| forms of commun|cat|on z|pp|ng cab|e @I S Decreas|ng 8rand oya|ty |n many categor|es ur vlbhuLl 1rlpaLhl SMS 8rand Lqu|ty 8randlng ls all abouL creaLlng dlfferences D|fferences |n outcomes ar|s|ng from the 'added va|ue' endowed to a product 8rand Lqu|ty |s the va|ue of a brand A pos|t|ve d|fferent|a| effect that know|ng a 8rand Name has on customer's response towards the roduct or serv|ces ur vlbhuLl 1rlpaLhl SMS Strateg|c 8rand Management rocess Invo|ves the des|gn and |mp|ementat|on of market|ng programs and act|v|t|es to bu||d measure and manage brand equ|ty ur vlbhuLl 1rlpaLhl SMS Ident|fy and Lstab||sh 8rand os|t|on|ng and Ia|ues |an and Imp|ement 8rand Market|ng rogram Measure and Interpret 8rand erformance Grow and Susta|n 8rand Lqu|ty ur vlbhuLl 1rlpaLhl SMS Ident|fy and Lstab||sh 8rand os|t|on|ng and Ia|ues Menta| Maps undersLandlng whaL Lhe brand represenL Compet|t|ve Irame AdvanLages of a brand vlsavls compeLlLors o|nts of ar|ty and D|fference Core 8rand Ia|ues SeL of ALLrlbuLes and beneflLs 8rand Mantra LhreeLoflve words expresslon of Lhe mosL lmporLanL aspecLs of Lhe brand ur vlbhuLl 1rlpaLhl SMS |an and Imp|ement 8rand Market|ng rogram M|x|ng and Match|ng the 8rand L|ements vlsual or verbal lnformaLlon LhaL serves Lo ldenLlfy and dlfferenLlaLe a producL Common LlemenLs are 8rand -ame Logo Symbol CharacLer packaglng and slogans Chosen Lo enhance brand awareness or faclllLaLe Lhe formaLlon of sLrong favorable and unlque brand AssoclaLlon ulfferenL elemenLs have dlfferenL advanLages a subseL or even all Lhe posslble brand elemenLs are ofLen employed ur vlbhuLl 1rlpaLhl SMS Integrat|ng 8rand |nto Market|ng Act|v|t|es and the Support|ng Market|ng rograms rlmary lnpuL Lo bulld a sLrong brand comes from Lhe markeLlng acLlvlLles relaLed Lo brand roducL rlce and Channel SLraLegy everag|ng Secondary Assoc|at|ons roducL Crlgln Channel SLraLegy lngredlenLs Cobrandlng LndorsemenLs Sponsorshlps ur vlbhuLl 1rlpaLhl SMS 8rand 8u||d|ng @oo|s Choos|ng 8rand L|ements 8rand Name ogo Symbo| Character ackag|ng S|ogan Memorab|e Mean|ngfu| |keab|||ty Adaptab|||ty rotectab|e Deve|op|ng Market|ng rograms roduct r|ce |ace romot|on @ang|b|e ] Intang|b|e 8enef|ts Ia|ue ercept|on Integrat|on ush ] u|| M|x and Match opt|ons ur vlbhuLl 1rlpaLhl SMS everag|ng Secondary Assoc|at|ons Company Name Country of Cr|g|n Channe| of D|str|but|on Lndorsers Lvents Awareness Mean|ngfu|ness @ransferab|||ty ur vlbhuLl 1rlpaLhl SMS 8rand Awareness Depth 8readth keca|| kecogn|t|on urchase Consumpt|on 8rand AssoclaLlons Choos|ng 8rand L|ements Deve|op|ng Market|ng rograms everag|ng Secondary Assoc|at|ons Strong Un|que ke|evance Cons|stency o|nts of ar|ty o|nts of D|fference ur vlbhuLl 1rlpaLhl SMS Choos|ng 8rand L|ements Deve|op|ng Market|ng rograms everag|ng Secondary Assoc|at|ons 8rand Awareness 8rand Assoc|at|ons oss|b|e Cutcomes oya|ty ess Iu|nerab|||ty arger Marg|ns @rade Cooperat|ons Increased Market|ng Commun|cat|on Lff|c|ency 8rand Lxtens|ons ur vlbhuLl 1rlpaLhl SMS Customer 8ased 8rand Lqu|ty Mode| 8aslc remlse of Lhe model ls whaL cusLomers have LearnL lelL Seen and heard abouL Lhe brand as a resulL of Lhelr experlences over a perlod of Llme ower of brand ||es |n what ||es |n the m|nds of the customers 1he challenge Lo Lhe markeLers ln Lo bulldlng a sLrong 8rand ls Lo ensure LhaL cusLomers have rlghL experlence wlLh Lhe producL and assoclaLed markeLlng programs ur vlbhuLl 1rlpaLhl SMS CusLomer 8ased 8rand LqulLy ls deflned as Lhe ulfferenLlal effecL LhaL 8rand knowledge has on consumer response Lo Lhe markeLlng of LhaL brand D|fferent|a| Lffect dlfference ln offerlngs Lhan Lhe CompeLlLors lf no dlfference occur Lhen Lhe brand name can be essenLlally classlfled as CCMMCul1? or CL-L8lC CompeLlLlon may be based on rlce ur vlbhuLl 1rlpaLhl SMS 8rand know|edge dlfferences ln response are a resulL of consumers' knowledge abouL Lhe brand from pasL Lxperlence LearnL felL saw or heard Market|ng rograms dlfferenLlal response reflecLed ln ercepLlons preferences and behavlor relaLed Lo all AspecLs of Lhe markeLlng 8ecall of varlous Louch polnLs AdverLlsemenLs sales promoLlons ur vlbhuLl 1rlpaLhl SMS Sources of 8rand Lqu|ty ur vlbhuLl 1rlpaLhl SMS 8rand Awareness conslsLs of brand recognlLlon and brand recall performance 8rand 8ecognlLlon relaLes Lo consumers' ablllLy Lo conflrm prlor exposure Lo Lhe brand when glven Lhe brand as a cue 8rand 8ecall relaLes Lo consumers' ablllLy Lo reLrleve Lhe brand from memory when glven Lhe cues ur vlbhuLl 1rlpaLhl SMS 8rand Awareness plays an lmporLanL role ln consumers' declslon maklng for Lhree maln reasons Learnlng AdvanLage awareness lnfluences Lhe formaLlon sLrengLh of Lhe brand assoclaLlons LhaL make up Lhe 8rand lmage ConslderaLlon AdvanLage lL ls lmporLanL LhaL consumers Lhlnk of and conslder Lhe brand whenever Lhey are Maklng a purchase for whlch Lhe brand can be poLenLlally be accepLable 8alslng brand awareness lncreases Lhe llkellhood LhaL brand wlll be a member of Lhe conslderaLlon seL ur vlbhuLl 1rlpaLhl SMS Cholce AdvanLage 8rand awareness can affecL cholces among Lhe conslderaLlon seL Consumers may make cholces based on brand awareness conslderaLlons when Lhey have low lnvolvemenL Low lnvolvemenL could be ln Lerms of lack of moLlvaLlon Lo purchase naLure of producL lack of knowledge or experlence eLc 8rand Awareness ls creaLed by repeaLed exposure wlLh Lhe help of adverLlslng promoLlons sponsorshlps evenLs eLc ur vlbhuLl 1rlpaLhl SMS lL ls lmporLanL Lo vlsually and verbally relnforce Lhe brand name wlLh full complemenL of brand elemenLs A poslLlve brand lmage ls creaLed by markeLlng programs LhaL llnk sLrong favorable and unlque assoclaLlons Lo Lhe brand ln memory ur vlbhuLl 1rlpaLhl SMS SLeps of 8rand 8ulldlng Lnsure ldenLlflcaLlon of Lhe brand wlLh cusLomers and an assoclaLlon of Lhe brand ln cusLomers' mlnd wlLh a speclflc poslLlonlng llrmly esLabllsh Lhe LoLallLy of brand meanlng ln Lhe mlnd of cusLomers by sLraLeglcally llnklng Langlble and lnLanglble brand assoclaLlons wlLh cerLaln properLles WnC AkL CU? (brand Ident|ty) WnA@ AkL CU? (8rand Mean|ng) ur vlbhuLl 1rlpaLhl SMS Lnsure ldenLlflcaLlon of Lhe brand wlLh cusLomers and an assoclaLlon of Lhe brand ln cusLomers' mlnd wlLh a speclflc poslLlonlng ConverL 8rand response Lo creaLe an lnLense acLlve relaLlonshlp beLween brand and Lhe consumers WnA@ DC I @nINk Ck ILL A8CU@ CU? 8rand kesponse WnA@ A8CU@ CU AND ML? Assoc|at|ons ur vlbhuLl 1rlpaLhl SMS Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 1 Ident|ty 2 Mean|ng 3 kesponse 4 ke|at|onsh|ps Customer 8ased 8rand Lqu|ty yram|d ur vlbhuLl 1rlpaLhl SMS 8rand Sa||ence relaLes Lo aspecLs of Lhe awareness of Lhe brand 8rand 8ecall 8ecognlLlon 8readth and Depth of Awareness lL ls lmporLanL Lo have hlgh levels of brand awareness under a varleLy of condlLlons Depth of Awareness Llkellhood LhaL a brand elemenL wlll come Lo mlnd and Lhe ease wlLh whlch lL does so 8readth of Awareness 1he range of purchase and usage slLuaLlons ln whlch Lhe brand elemenLs comes Lo mlnd ur vlbhuLl 1rlpaLhl SMS W W Brand Recognition / Equity Brand Recognition / Equity - awareness, IoyaIty, quaIity, emotion W W Brand Preference / LoyaIty Brand Preference / LoyaIty - the degree to which customers are committed to further purchases eg. I wiII aIways buy Reebok (Brand Insistence) ________________________________________________ roduct n|erarchy has lmporLanL lmpllcaLlon for how Lo lmprove brand awareness 8everages JaLer llavored -on Alcohollc Alcohollc Mllk PoL 8everages !ulces SofL urlnks Jlne 8eer ulsLllled SplrlLs lL conLalns schemaLlc deplcLlon of posslble hlerarchy LhaL May exlsL ln consumers' mlnd ur vlbhuLl 1rlpaLhl SMS CrganlzaLlon of Lhe producL caLegory hlerarchy LhaL prevalls ln memory plays an lmporLanL role ln consumer declslon maklng Plghly sallenL brand ls Lhe one whlch has boLh depLh and breadLh of brand awareness lL should be developed ln such a manner LhaL cusLomers always make sufflclenL purchases as well always Lhlnk of Lhe brand across a var|ety of sett|ngs ln whlch lL could be employed or consumed ur vlbhuLl 1rlpaLhl SMS 8rand erformance ueslgnlng and dellverlng a producL LhaL fully saLlsfles consumer needs and wanLs roducL lLself ls aL Lhe hearL of brand equlLy 1o whaL exLenL does Lhe brand saLlsfy uLlllLarlan aesLheLlc and economlc needs and wanLs ulfferenL performance dlmenslons can serve as a means Lo dlfferenLlaLe Lhe brand Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 2 Mean|ng ur vlbhuLl 1rlpaLhl SMS ulfferenL Lypes of aLLrlbuLes and beneflLs LhaL ofLen underlle brand performance 1 rlmary lngredlenLs and supplemenLary feaLures 2 roducL rellablllLy durablllLy and servlceablllLy 3 Servlce effecLlveness efflclency and empaLhy 4 SLyle and ueslgn 3 rlce ur vlbhuLl 1rlpaLhl SMS Some aLLrlbuLes are essenLlal lngredlenLs necessary for a producL Lo work CLher aLLrlbuLes are supplemenLary feaLures LhaL allow for cusLomlzaLlon and more versaLlle personallzed usage 1hese aLLrlbuLes vary by producL or servlce caLegory Some caLegorles have few lngredlenLs or feaLures 8read Some caLegorles have many essenLlal lngredlenLs buL few feaLures Cven many opLlonal feaLures Some caLegorles have numerous lngredlenLs and feaLures Muslc layer mulLlple opLlons ur vlbhuLl 1rlpaLhl SMS 8rand lmagery deals wlLh exLrlnslc properLles of Lhe producL or servlce lncludlng Lhe way ln whlch Lhe brand aLLempLs Lo meeL cusLomer's psychologlcal and soclal needs 8rand lmagery ls how people Lhlnk abouL a brand absLracLly raLher Lhan whaL Lhey Lhlnk Lhe brand acLually does Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 2 Mean|ng ur vlbhuLl 1rlpaLhl SMS lL refers Lo more lnLanglble aspecLs of Lhe brand lmagery assoclaLlons can be formed dlrecLly or lndlrecLly ulrecLly cusLomer experlence conLacL wlLh producL usage slLuaLlons eLc Ind|rect|y through the des|rous dep|ct|ons commun|cated |n brand advert|s|ng or some other sources of |nformat|on ur vlbhuLl 1rlpaLhl SMS Many Lypes of lnLanglbles can be llnked Lo a brand user roflle urchase and usage SlLuaLlons ersonallLy and values PlsLory PerlLage and Lxperlences ur vlbhuLl 1rlpaLhl SMS 8rand !udgmenLs locus on cusLomer's personal oplnlons and evaluaLlons wlLh Lhe brand 8rand !udgmenL lnvolve how a cusLomer puLs LogeLher all dlfferenL performance and lmagery assoclaLlons of Lhe brand Lo form dlfferenL klnds of oplnlons Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 3 kesponse ur vlbhuLl 1rlpaLhl SMS Some of Lhe brand [udgmenLs LhaL are lmporLanL Lo 8ulldlng a sLrong brand are ua||ty Cred|b|||ty Cons|derat|on User rof||e ur vlbhuLl 1rlpaLhl SMS 8rand CuallLy ls Lhe aLLlLude Lowards brand performance and lLs maLch wlLh Lhe percelved quallLy expecLaLlons 8rand aLLlLudes are lmporLanL because Lhey ofLen form Lhe basls for acLlons and behavlor LhaL consumers Lake wlLh Lhe brand 8rand CredlblllLy refers Lo Lhe exLenL Lo whlch Lhe brand As a whole ls seen as credlble ln Lerms of Lhree dlmenslons ercelved experLlse compeLenL lnnovaLlve markeL leader 1rusLworLhlness dependable and keeplng cusLomer lnLeresLs ln mlnd ur vlbhuLl 1rlpaLhl SMS LlkeablllLy lun lnLeresLlng and worLh spendlng Llme wlLh 8rand ConslderaLlon lL ls more Lhan mere awareness ConslderaLlon depends on how personally relevanL cusLomers flnd Lhe brand C8 1he exLenL Lo whlch cusLomers vlew Lhe brand as belng approprlaLe and meanlngful Lo Lhemselves CusLomers make an overall appralsal as Lo wheLher Lhey Pave any personal lnLeresL ln a brand A-u JheLher Lhey should ever buy a brand ur vlbhuLl 1rlpaLhl SMS 8rand superlorlLy relaLes Lo Lhe exLenL Lo whlch cusLomers vlew Lhe brand as unlque and beLLer Lhan CLhers 8rand superlorlLy relaLes Lo Lhe exLenL Lo whlch cusLomers vlew Lhe brand as unlque and beLLer Lhan CLhers SuperlorlLy ls lnLensely crlLlcal ln Lerms of bulldlng lnLense and acLlve relaLlonshlps wlLh cusLomers and depends on -umber of unlque brand assoclaLlon LhaL make up Lhe 8rand lmage ur vlbhuLl 1rlpaLhl SMS 8rand leellng are cusLomers emoLlonal response and reacLlons wlLh respecL Lo Lhe brand 8rand feellngs also relaLe Lo soclal currency evoked by Lhe brand leellngs LhaL can be evoked by Lhe varlous markeLlng rograms can be JarmLh lun LxclLemenL SecurlLy Soclal Approval Self 8especL eLc Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 3 kesponse ur vlbhuLl 1rlpaLhl SMS 8rand 8esonance refers Lo Lhe naLure of Lhe relaLlonshlp and Lhe exLenL Lo whlch cusLomers feel LhaL Lhey are l- S?-C wlLh Lhe brand 8esonance ls characLerlzed ln Lerms of lnLenslLy or Lhe depLh of Lhe psychologlcal bond and Lhe level of acLlvlLles engendered by Lhls loyalLy (repeaL purchases referrals) 8esonance can be broken down lnLo four caLegorles 8ehav|ora| oya|ty Att|tud|na| Attachment Sense of Commun|ty Act|ve Lngagement ur vlbhuLl 1rlpaLhl SMS 8ehavloral LoyalLy ls necessary buL noL sufflclenL for resonance Lo occur Some cusLomers may buy ouL of necesslLy because Lhe brand ls Lhe only producL belng sLocked or easlly avallable or only one LhaL Lhey can afford 1o creaLe resonance Lhere needs Lo be a sLrong personal aLLachmenL (ALLlLudlnal ALLachmenL) 1he brand may also Lake on broader meanlng Lo Lhe cusLomers ln Lerms of sense of communlLy ur vlbhuLl 1rlpaLhl SMS ldenLlflcaLlon wlLh a brand communlLy may reflecL an lmporLanL soclal phenomenon whereby cusLomers feel a klnshlp or afflllaLlon wlLh oLhers assoclaLed wlLh Lhe brand SLrongesL afflrmaLlon of brand loyalLy ls when cusLomers are wllllng Lo lnvesL Llme energy money or oLher resources ln brand beyond Lhose spenL durlng purchase ur vlbhuLl 1rlpaLhl SMS Sa||ence erformance Imagery Iudgments Iee||ngs kesonance 1 Ident|ty 2 Mean|ng 3 kesponse 4 ke|at|onsh|ps Customer 8ased 8rand Lqu|ty yram|d ur vlbhuLl 1rlpaLhl SMS A|| over aga|n Choos|ng 8rand L|ements to 8u||d 8rand Lqu|ty ur vlbhuLl 1rlpaLhl SMS 8rand LlemenLs are also called brand ldenLlLles 1hese are Lrademarkable devlces LhaL serve Lo ldenLlfy and dlfferenLlaLe Lhe brands Maln 8rand elemenLs are -ames Logos Symbols CharacLers Slogans !lngles ackages Slgnage Spokespersons 1hese are lndependenL of Lhe declslons made abouL Lhe producL and how lL ls markeLed ur vlbhuLl 1rlpaLhl SMS 8rand LlemenLs are chosen Lo enhance brand awareness faclllLaLe Lhe formaLlon of sLrong favorable and unlque brand assoclaLlons C8 LllclL (draw ouL) poslLlve brand [udgmenLs and feellngs ur vlbhuLl 1rlpaLhl SMS Cr|ter|a for choos|ng 8rand L|ements lnLrlnslc naLure of brand elemenLs may make Lhem more aLLenLlon geLLlng and easy Lo remember All of Lhese Lo conLrlbuLe Lo brand equlLy LlemenLs could be chosen whose lnherenL meanlng enhances Lhe formaLlon of brand assoclaLlons MemorablllLy Laslly recognlzed Laslly 8ecalled Meanlngful uescrlpLlve ersuaslve 1here are slx crlLerla ln chooslng brand elemenLs lmporLanL aspecLs of meanlng of a brand elemenL are Lhe exLenL Lo whlch lL conveys Ceneral lnformaLlon abouL Lhe naLure of Lhe producL caLegory SuggesLlng someLhlng abouL producL caLegory Llkellhood of consumer rlghLly ldenLlfylng Lhe producL Speclflc lnformaLlon abouL parLlcular aLLrlbuLes and beneflLs of Lhe brand roducL lngredlenLs klnd of personallLy who mlghL use eLc ur vlbhuLl 1rlpaLhl SMS 1he assoclaLlons suggesLed by a brand elemenL may noL always relaLed Lo producL 8rand elemenLs can be chosen LhaL are rlch ln vlsual and verbal lmagery 1hey may lnherenLly denoLe fun and lnLeresL ur vlbhuLl 1rlpaLhl SMS LlkablllLy lun and lnLeresLlng 8lch vlsual and verbal lmagery MemorablllLy Meanlngful and LlkeablllLy Lhe seL offers advanLages of 8ecognlLlon and Awareness Consumers ofLen do noL examlne much lnformaLlon ln maklng purchase declslon 8educe Lhe burden on MarkeLlng CommunlcaLlons usefulness of Lhe brand elemenL for producL caLegory or llne exLenslon 1he less speclflc Lhe name Lhe more easlly lL can be Lransferred across caLegorles ur vlbhuLl 1rlpaLhl SMS 1ransferablllLy wlLhln and across producL caLegorles across geographlcal boundarles and culLures 8ellance connoLes a feellng of securlLy and can be exLended Lo varleLy of producLs relaLed Lo safeLy and securlLy 1ransferable across geographlc boundarles uepends on culLural conLenL and llngulsLlc quallLles of Lhe brand elemenLs uslng non meanlngful names whlch do noL have any lnherenL meanlng can be Lransferred easlly ur vlbhuLl 1rlpaLhl SMS epsl markeLed lLs producLs ln Chlna wlLh Lhe slogan epsl 8rlngs ?ou 8ack ln Llfe" buL Lhe slogan ln Chlnese really meanL epsl 8rlngs ?our AncesLors 8ack from Crave" A halr producL company lnLroduced Lhe MlsL SLlck a curllng lron rod ln Cermany LaLer on Lhe company found ouL LhaL mlsL ls slang used for Manure ln Cerman An Amerlcan Company sold 8aby food ln Afrlca Lhe packaglng had lcLures of 8ables on Lhe pack ur vlbhuLl 1rlpaLhl SMS Company falled and found ouL LhaL as Afrlcans could noL read Afrlcan companles puL plcLures on Lhe label of whaL ls lnslde Lhe pack Companles musL revlew all Lhelr brand elemenLs for culLural meanlng before lnLroduclng Lhe brand lnLo a new markeL 8ecause of Lhe changes ln consumer values and oplnlons or slmply because of a need Lo remaln conLemporary brand elemenLs ofLen musL be updaLed over Lhe Llme ur vlbhuLl 1rlpaLhl SMS AdapLable llexlble and updaLable Choose brand elemenLs LhaL can be legally proLecLed on an lnLernaLlonal basls lormally reglsLer Lhem wlLh Lhe approprlaLe legal bodles vlgorously defend Lrademarks from unauLhorlzed compeLlLlve lnfrlngemenL lL ls lmporLanL Lo reduce Lhe llkellhood LhaL compeLlLors can lmlLaLe Lhe brand creaLlng a derlvaLlve based on sallenL preflxes or sufflxes of Lhe name package looks or oLher acLlons ur vlbhuLl 1rlpaLhl SMS roLecLable Legally and CompeLlLlvely ur vlbhuLl 1rlpaLhl SMS rocedures and Cons|derat|ons for choos|ng 8rand L|ements 8rand -ame capLures Lhe cenLral Lheme or key AssoclaLlons of a producL ln a very compacL and Lconomlc manner lL Lakes consumers Lo comprehend markeLlng communlcaLlons and can range from half a mlnuLe Lo a few hours 8rand names can be noLlced and lLs meanlng reglsLered or acLlvaLed ln memory wlLhln [usL a few seconds 8rand -ames can be chosen wlLh cerLaln crlLerla ln mlnd ur vlbhuLl 1rlpaLhl SMS Descr|pt|ve uescrlbes funcLlon llLerally generally unreglsLerable Suggest|ve SuggesLlve of beneflL or funcLlon Compounds ComblnaLlon of Lwo or more unexpecLed words C|ass|ca| 8ased on LaLln Creek or SanskrlL words Arb|trary Jords wlLh no obvlous Lleln Lo Lhe company ur vlbhuLl 1rlpaLhl SMS 8rand awareness ls lmproved 1he exLenL Lo whlch brand names are chosen LhaL are Slmple and easy Lo pronounce or spell lamlllar and meanlngful ulfferenL dlsLlncLlve and unusual SlmpllclLy reduces consumers' cognlLlve efforL Lo comprehend and process Lhe brand name ShorL names ofLen faclllLaLe recall because Lhey are easy Lo encode and sLore ln Lhe memory ur vlbhuLl 1rlpaLhl SMS Longer names can be shorLened Lo ease recallablllLy ur vlbhuLl 1rlpaLhl SMS ronounclaLlon also affecLs Lhe enLry of Lhe brand lnLo conslderaLlon seLs and Lhe wllllngness of consumers Lo order or requesL Lhe brand orally 1o lmprove pronounclablllLy and recallablllLy markeLers may seek a deslrable pleasanL sound ln Lhelr brand names CulLural dlfferences may exlsL ln brand name memorablllLy and recall ur vlbhuLl 1rlpaLhl SMS Chlnese Speakers are more llkely Lo recall names ln vlsuals raLher Lhan spoken recall Jhereas Lngllsh speakers are more llkely Lo recall Lhe names ln spoken recall 8rand names are noL resLrlcLed Lo leLLers only buL can conLaln Alphanumerlcs ur vlbhuLl 1rlpaLhl SMS Nam|ng rocedures 1 ueflnlng Lhe brand ob[ecLlve also necessary Lo recognlze Lhe role of Lhe brand wlLhln Lhe corporaLe brandlng hlerarchy and how Lhe brand should relaLe Lo oLher brands and producLs 2 CeneraLlng as many names and concepLs as posslble any poLenLlal source of names can be used Company managemenL and employees exlsLlng and poLenLlal cusLomers lnLermedlarles Ad agencles professlonal consulLanLs and so on ur vlbhuLl 1rlpaLhl SMS 3 -ames musL be screened based on brandlng ob[ecLlves and markeLlng conslderaLlons LllmlnaLlon can be based on -ames LhaL have unlnLenLlonal double meanlngs -ames LhaL are paLenLly unpronounceable already ln use or Loo close an exlsLlng name -ames LhaL have obvlous legal compllcaLlons -ames LhaL represenL an obvlous conLradlcLlon of Lhe poslLlonlng ur vlbhuLl 1rlpaLhl SMS 4 CollecLlng more exLenslve lnformaLlon on each of Lhe flnal 310 names 8efore spendlng large amounLs of money on consumer research lL ls advlsable Lo do an exLenslve lnLernaLlonal legal search 3 Consumer research Lo conflrm managemenL expecLaLlons as Lo Lhe memorablllLy and meanlngfulness of Lhe names 6 8ased on all Lhe lnformaLlon managemenL can choose Lhe name LhaL maxlmlzes Lhe flrm's brandlng and markeLlng ob[ecLlves and reglsLer ur vlbhuLl 1rlpaLhl SMS 8rand ogos can be used as means Lo lndlcaLe orlgln ownershlp or assoclaLlon logos may range from corporaLe names and Lrademarks wrlLLen ln a dlsLlncLlve form Lo ulsLlncLlve absLracL logos compleLely unrelaLed Lo corporaLe name or acLlvlLles Jords 8A1A CCCACCLA kl1kA1 AbsLracL Logos Mercedes 8enz -lke Clymplc ur vlbhuLl 1rlpaLhl SMS 8ecause of Lhelr vlsual naLure logos and symbols are ofLen easlly recognlzable Logos are nonverbal Lhus can be updaLed as needed over Llme and can be well Lransferred across culLure 1hey can be relevanL and approprlaLe ln a range of producL caLegorles ur vlbhuLl 1rlpaLhl SMS 8rand characters 8epresenL a speclal Lype of brand symbol LhaL Lakes a human or real llfe characLerlsLlcs 1hese are lnLroduced Lhrough adverLlslng and can play a cenLral role ln subsequenL campalgns and package deslgn CharacLers can be anlmaLed of llveacLlon flgures ofLen colorful or rlch ln lmagery CharacLers can help Lo break Lhrough Lhe markeLplace cluLLer ur vlbhuLl 1rlpaLhl SMS Pelp ln easlly communlcaLlng key producL beneflLs 1he ablllLy of a consumer Lo have a relaLlonshlp wlLh a brand can be easler when Lhe brand llLerally has a humanlsLlc characLer 8rand characLers also do noL have dlrecL producL meanlngs so Lhey can be Lransferred easlly across producL caLegorles CharacLers ofLen musL be updaLed over Llme so LhaL Lhelr personallLy remalns relevanL Lo Lhe LargeL markeL ur vlbhuLl 1rlpaLhl SMS 8rand S|ogans Slogans are shorL phrases LhaL communlcaLe descrlpLlve or persuaslve lnformaLlon abouL Lhe brand !usL do lL Slogans ofLen become closely Lled Lo adverLlslng campalgns and can be used as llnes Lo summarlze Lhe descrlpLlve or persuaslve lnformaLlon conveyed ln ads ulamonds are forever Lhe Lagllne communlcaLes LhaL ulamonds brlng eLernal love and never loose value ur vlbhuLl 1rlpaLhl SMS Campalgnspeclflc Lag llnes may be used Lo help relnforce Lhe message of a parLlcular campalgn lnsLead of Lhe brand slogan for a cerLaln perlod of Llme 8rand I|ng|es !lngles are muslcal messages wrlLLen around Lhe brand 1hese are Lyplcally composed and sung by professlonal Can be LhoughL as exLended muslcal slogans 8ecause of Lhelr muslcal naLure [lngles are noL easlly Lransferrable as oLher brand elemenLs ur vlbhuLl 1rlpaLhl SMS !lngles can communlcaLe brand beneflLs buL ofLen convey producL meanlng ln a falrly absLracL manner 1he poLenLlal assoclaLlons LhaL mlghL occur for Lhe brand from [lngles are feellngs personallLy or oLher lnLanglble beneflLs 8ecause of Lhelr caLchy naLure consumers are llkely Lo menLally rehearse or repeaL Lhe [lngle even afLer seelng or hearlng Lhe ads 1hls provldes an addlLlonal encodlng opporLunlLles and lncreaslng memorablllLy ur vlbhuLl 1rlpaLhl SMS A well known [lngle can serve as a foundaLlon for adverLlslng for years 8rand ackag|ng ackaglng lnvolves Lhe acLlvlLles of deslgnlng and produclng conLalners or wrappers for a producL ackaglng should achleve cerLaln ob[ecLlves ldenLlfy Lhe brand Convey descrlpLlve and persuaslve lnformaLlon laclllLaLe producL LransporLaLlon and proLecLlon ur vlbhuLl 1rlpaLhl SMS AsslsL aLhome sLorage Ald producL consumpLlon 1he aesLheLlc and funcLlonal componenLs of packaglng musL be chosen correcLly AesLheLlcs relaLe Lo package's slze and shape maLerlal colour LexL and graphlcs luncLlonal easy Lo hold easy Lo open resealable Lamperproof sLorage reusable Cne of Lhe sLrong assoclaLlons LhaL a consumer has wlLh Lhe brand ls Lhe look of lLs packaglng ur vlbhuLl 1rlpaLhl SMS -ew packages can also expand a markeL and capLure new markeL segmenLs ackage deslgn has also become lmporLanL as 8rand prollferaLlon ls lncreaslng and AdverLlslng ls becomlng more expenslve lor many consumers Lhe flrsL encounLer wlLh a new brand may be on Lhe shelf of a sLore lew producL dlfferences exlsL ln some caLegorles packaglng lnnovaLlons can provlde an edge ur vlbhuLl 1rlpaLhl SMS ackaglng also means havlng a sLrong appeal on Lhe shelf and sLandlng ouL from Lhe cluLLer ackaglng ls also called as 'LasL flve seconds of markeLlng' 'ermanenL Medla' '1he lasL salesman' ur vlbhuLl 1rlpaLhl SMS utt|ng |t a|| together lL ls necessary Lo 'mlx and maLch' dlfferenL brand elemenLs Lo lncrease brand equlLy MarkeLers musL choose Lo mlx brand elemenLs Lo achleve dlfferenL ob[ecLlves 8rand elemenLs musL be chosen Lo relnforce each oLher by shared meanlng and markeLlng programs 8rand ldenLlLy W ldenLlLy Pow we see ourselves Company Lhe way a company alms Lo ldenLlfy or poslLlon lLself W lmage Pow oLhers see us Company Lhe way consumers percelve Lhe producL or servlces 8rand ldenLlLy ls a unlque seL of brand assoclaLlons LhaL Lhe a company asplres Lo creaLe and malnLaln lL provldes dlrecLlon purpose and meanlng for Lhe brand ur vlbhuLl 1rlpaLhl SMS ur vlbhuLl 1rlpaLhl SMS 8rand ldenLlLy should help esLabllsh a relaLlonshlp beLween Lhe brand and consumers by generaLlng value proposlLlon lnvolvlng luncLlonal LmoLlonal Self expresslve beneflLs 1he concepL of brand ldenLlLy was menLloned flrsL by kapferer Accordlng Lo kapferer brand ldenLlLy could be deflned by answerlng Lhlngs llke 1 JhaL ls Lhe alm and lndlvldual vlslon of a brand 2 JhaL makes a brand dlsLlngulshed 3 Pow saLlsfacLlon can be achleved 4 JhaL ls brand's equlLy 3 JhaL are brand compeLence valldlLy and leglLlmacy 6 JhaL are Lhe feaLures of lLs recognlLlon ur vlbhuLl 1rlpaLhl SMS 8rand ldenLlLy represenLs how Lhe brand wanLs Lo be percelved Lhus lL ls slLuaLed on Lhe Sender's s|de 8rand percepLlons are how Lhe consumers ercelve lL Lhus lL ls slLuaLed on Lhe kece|ver's s|de lL ls necessary Lo have a clear selflmage ln Lerms of background prlnclples purpose amblLlon ConslsLency vlLallLy durablllLy reallsLlc Strateg|c Issues 8rand Image ur vlbhuLl 1rlpaLhl SMS ersona||ty Cu|ture Se|f |mage ke|at|onsh|p hys|que kef|ect|on 8rand Ident|ty r|sm hyslque an exLerlor Langlble faceL communlcaLlng hyslcal speclflclLles llke colour form quallLy eLc lL ls Lhe sLarLlng polnL of brandlng Lhus lL ls a brand's backbone ersonallLy an lnLernal lnLanglble faceL whlch forms Lhe CharacLer soul and brand personallLy whlch are relevanL lor brands 8elaLlonshlp an exLerlor faceL wlLh Langlble and lnLanglble areas ueflnes Lhe behavlour LhaL ldenLlfles a brand / connecL CulLure an lnLernal lnLanglble faceL whlch lnLegraLes Lhe 8rand lnLo Lhe organlzaLlon whlch ls essenLlal ln dlfferenLlaLlng brands 8eflecLlon an exLernal faceL reflecLlng Lhe cusLomer as he or she wlshes Lo be seen as a resulL of uslng Lhe 8rand Selflmage exLernal lnLanglble faceL reflecLlng cusLomer aLLlLude Lowards brand 8rands evolve ln Llme ln a cerLaln dlrecLlon ur vlbhuLl 1rlpaLhl SMS 1o manage and balance ldenLlLy changes across Lhe faceLs organlzaLlons need Lo undersLand Lhe key brand drlvers kapferer has capLured Lhls ln a LhreeLler pyramld 1he pyramld counLs 3 layers of freedom flexlblllLy 8aslc premlse ls LhaL Lhe flexlblllLy and freedom of change uecreases from Lhe boLLom Lo Lhe Lop ur vlbhuLl 1rlpaLhl SMS ersona||ty Cu|ture Se|f |mage ke|at|onsh|p hys|que kef|ect|on 8rand Lhemes / acLs / producLs 8rand sLyle 8rand kernel (nucleus / core) 1he pyramld concepL enables dlfferenLlaLed change processes across ldenLlLy faceLs by grouplng Lhem ln a yramld layer ur vlbhuLl 1rlpaLhl SMS