Title: Xclusiveoffer with brand management
1Brand Management with Xclusiveoffer
2 What is a brand? Xclusiveoffer
- Xclusiveoffer brand is a name, term, sign,
symbol, design or a combination of the above to
identify the goods or service of a seller and
differentiate it from the rest of the competitors
3Xclusiveoffer brand comprises of
- Xclusiveoffer Tangible attributes
- Xclusiveoffer Intangible attributes
4Xclusiveoffer Tangibles
- Eg. Xclusiveoffer
- Xclusiveoffer Product
- Xclusiveoffer Packaging
- Xclusiveoffer Labelling
- Xclusiveoffer Attributes
- Xclusiveoffer Functional benefits
5Xclusiveoffer Intangibles
- Eg. Xclusiveoffer
- Xclusiveoffer Quality
- Xclusiveoffer Emotional benefits
- Xclusiveoffer Values
- Xclusiveoffer Culture
- Xclusiveoffer Image
6Xclusiveoffer Brand Mark
- Xclusiveoffer brand mark is the part of the brand
that appears in the form of symbol, design or
distinctive color or lettering. It is recognized
by sight but cannot be expressed when a person
pronounces the brand name.
7Xclusiveoffer Trade Mark
- Xclusiveoffer trademark is a brand that has been
adopted by a seller and given legal protection. A
Trademark for service is called as
8Xclusiveoffer Reasons for Branding
- Xclusiveoffer Sellers
- Xclusiveoffer Helps in promotion
- Xclusiveoffer Easily recognized when displayed
- Xclusiveoffer Reduces price comparison
- Xclusiveoffer Influences customer loyalty
- Xclusiveoffer Differentiate commodities
9Xclusiveoffer Reasons for not Branding
- Xclusiveoffer Two responsibilities come with
brand ownership - Xclusiveoffer Promoting the brand
- Xclusiveoffer Maintaining a consistent quality of
output - Many firms do not brand their products
- because they are unable or unwilling to
- assume these responsibilities
10Xclusiveoffer Desirable characteristics in the
name of a brand
- Xclusiveoffer Suggests something about the
product, particularly its benefits and use e.g. - Xclusiveoffer Be easy to pronounce, spell and
remember e.g... - Xclusiveoffer Be distinctive
- Xclusiveoffer Be adaptable to additions to the
product line e.g. McDonald vs. Burger King - Xclusiveoffer Be capable of registration and
legal protection. The Lanham Act, 1989
11Xclusiveoffer brand name should indicate
- Xclusiveoffer Product category
- Distinctiveness
- Should not indicate poor meanings in other
markets or languages
- Xclusiveoffer Product benefits
- Product quality
- Names easy to remember, recognise, pronounce
12Xclusiveoffer Product Counterfeiting
- Xclusiveoffer It is the process in which some
unscrupulous manufacturers engage in product
counterfeiting by placing a highly regarded brand
on their offering, disregarding the basic fact
they do not own the rights of the brand e.g.
pirated goods
13Xclusiveoffer Brand Identity
- Xclusiveoffer is the marketers promise to give a
set of features, benefits and services
consistently
14Xclusiveoffer Brand Building
- Xclusiveoffer Involves all the activities that
are necessary to nurture a brand into a healthy
cash flow stream after launch
15Xclusiveoffer What kind of activities?
- Eg. Xclusiveoffer
- Xclusiveoffer Product development
- Xclusiveoffer Packaging
- Xclusiveoffer Advertising
- Xclusiveoffer Promotion
- Xclusiveoffer Sales and distribution
16 Xclusiveoffer Brand Equity
- Xclusiveoffer When a commodity becomes a brand,
it is said to have equity. Those advantages which
a Brand enjoys because it is a Brand
17Xclusiveoffer What is brand equity?
- Xclusiveoffer The premium it can command in the
market - Xclusiveoffer Difference between the perceived
value and the intrinsic value
18Xclusiveoffer Types of Brand Equity
- Xclusiveoffer Cost Based
- Historical Cost
- Replacement Cost
- Market Value Method
- Brand Contribution Method
- Xclusiveoffer Price Based
- Xclusiveoffer Consumer Based
19Xclusiveoffer What happens when equity increases?
Commodity
Brand
Power Brands
Presence
Personality
20Xclusiveoffer What happens when brands have high
equity?
- Xclusiveoffer The company can have more leverage
with the trade - Xclusiveoffer The company can charge a premium on
their product - Xclusiveoffer The company can have more brand
extensions - Xclusiveoffer The company can have some defense
against price competition
21Xclusiveoffer Brand Loyalty Pyramid
111
?
Xclusiveoffer Find out on your own
22 Xclusiveoffer How does one build brands?
- Xclusiveoffer Distinguishing it from others
value proposition - Xclusiveoffer Brand promise must match brand
delivery
23Xclusiveoffer The value proposition
- Xclusiveoffer Broad positioning
- Xclusiveoffer Specific positioning
- Xclusiveoffer Value positioning
24 Xclusiveoffer Creating the brand
- Xclusiveoffer Choosing a brand name
- Xclusiveoffer Develop rich associations and
promises - Xclusiveoffer Managing customer brand contact to
meet and exceed expectations
25Xclusiveoffer Brand Associations
- Xclusiveoffer owned word
- Xclusiveoffer Slogans
- Xclusiveoffer Colours
- Xclusiveoffer Symbols and logos
26Xclusiveoffer Brand Status
E S T E E M
Step up advertising
Cash Cow.Need to Sustain brand building
activities
Troubled brand Product upgradation
required
New Product Or Product should be phased
out
FAMILIARITY
27Xclusiveoffer Brand ambassadors
- Xclusiveoffer Giving a face and personality to
the brand that is expected to be rubbed off from
the brand ambassador
28Xclusiveoffer Brand Pitfalls
- Xclusiveoffer Brand experience must match brand
image - Xclusiveoffer Calls for managing every brand
contact
29Xclusiveoffer