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Strategic Brand Management

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... to remain contemporary, brand elements often must be updated over time. ... Structural packaging innovations can create a point of difference that permits a ... – PowerPoint PPT presentation

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Title: Strategic Brand Management


1
4
C H A P T E R
Choosing brand elements to build brand
equity
2
Preview
  • Brand elements are those trademarkable devices
    that serve to identify and differentiate the
    brand.
  • The brand elements are brand names, URLs, Logos,
    symbol, characters, spokespeople, slogans,
    jingles, packages, and signage.
  • Brand elements can be chosen to enhance brand
    awareness facilitate the formation of strong,
    favorable, and unique brand associations or
    elicit positive brand judgments and feelings.

3
Criteria for choosing brand elements (1)
  • There are six criteria in choosing brand
    elements
  • 1.Memorability
  • A necessary condition for building brand equity
    is achieving a high level of brand
    awareness.Toward that goal, brand elements can be
    chosen that are inherently memorable and
    therefore facilitate recall or recognition in
    purchase or consumption settings.
  • 2.Meaningfulness
  • Besides choosing brand elements to build
    awareness, brand elements can also be chosen
    whose inherent meaning enhances the formation of
    brand associations.Brand elements may take all
    kind of meaning, varying in descriptive, as well
    as persuasive, content.

4
Criteria for choosing brand elements (2)
  • 3.Linkability
  • The associations suggested by a brand element
    may not always be related to the product.Thus,
    brand elements can be chosen that are rich in
    visual and verbal imagery and inherently fun and
    interesting.
  • Because consumers often do not examine much
    information in making product decisions, it is
    often desirable that brand elements be easily
    recognized and recalled and inherently
    descriptive and persuasive.

5
Criteria for choosing brand elements (3)
  • 4.Transferability
  • ( in both a product category and geographic
    sense)
  • First,How useful is the brand element for line
    or category extensions? In general, the less
    specific the name, the more easily it can be
    transferred across categories.
  • Second,to what extend does the brand element add
    to brand equity across geographic boundaries and
    market segments? To a large extent this depends
    on the cultural content and linguistic qualities
    of the brand element.

6
Criteria for choosing brand elements (4)
  • 5.Adaptability
  • Because of changes in consumer values and
    opinions, or simply because of a need to remain
    contemporary, brand elements often must be
    updated over time.
  • 6.Protectability
  • Choose brand elements that can be legally
    protected on an international basis.
  • Formally register them with the appropriate legal
    bodies
  • Vigorously defend trademarks from unauthorized
    competitive infringement.
  • It is important to reduce the likelihood that
    competitors can imitate the brand by creating a
    derivative based on salient prefixes or suffixes
    of the name.

7
Brand Names (1)
  • Brand name is a fundamentally important choice
    because it often captures the central theme or
    key associations of a product in a very compact
    and economical fashion.Brand names can be an
    extremely effective shorthand means of
    communication.
  • In general, it is believed that brand awareness
    is improved the extent to which brand names are
    chosen that are simple and easy to pronounce or
    spell familiar and meaningful and different
    distinctive, and unusual.

8
Brand Names (2)
  • To enhance brand recall, it is desirable for the
    brand name to be simple and easy to pronounce or
    spell.Short names often facilitate recall because
    they are easy to encode and store in memory.
  • Easy of pronunciation is critical to obtain
    valuable repeated word-of-mouth exposure that
    helps to build strong memory links.
  • Ideally, the brand name should have a clear,
    understandable, and unambiguous pronunciation and
    meaning.

9
Brand Names (3)
  • To enhance brand recall, it is desirable for the
    brand name to be simple and easy to pronounce or
    spell.Short names often facilitate recall because
    they are easy to encode and store in memory.
  • Easy of pronunciation is critical to obtain
    valuable repeated word-of-mouth exposure that
    helps to build strong memory links.
  • Ideally, the brand name should have a clear,
    understandable, and unambiguous pronunciation and
    meaning.

10
Brand Names (4)
  • To improve pronouncability and recallability,
    many marketers seek a desirable cadence and
    pleasant sound in their brand names.
  • To enhance brand recall, brand name should be
    familiar and meaningful so that it is able to tap
    into existing knowledge structures.
  • Hypothetical brand names showed that
    high-imagery brand names,(e.g.
    ocean,frog,plant) were significantly more
    memorable across a variety of recall and
    recognition measures than low-imagery
    words(e.g.truth,moment)

11
Brand Names (4)
  • The brand name may be chosen to reinforce an
    important attribute or benefit association that
    makes up its product positioning.
  • A morpheme is the smallest linguistic unit having
    meaning.There are 6,000 morphemes in the English
    language.
  • Compaq computers communication
  • Nissans Sentra central sentry
  • Alphanumeric brand names contain one or more
    numbers in either digit form(e.g.5) or written
    form (e.g. five)

12
Naming criteria
  • Descriptive describes function literally
  • Suggestive suggestive of a benefit or function
  • Compounds combination of two or more words
  • Classical based on Latin, Greek, Sanskit
  • Arbitrary real words with no obvious tie-in to
    company
  • Fanciful coined words with no obvious meaning

13
Naming Procedures
  1. Define the branding objectives
  2. Generate as many names and concepts as possible.
  3. Screen based on the branding objectives and
    marketing considerations.(double meaning,
    unpronounceable,already in use, contradiction of
    the positioning)
  4. Collect more extensive information of the final
    5-10 names.
  5. Consumer testing
  6. Formally register the name

14
URLs (Uniform Resource Locators)
  • Brand recall is critical for URLs .
  • Number of registered domain names, 20 million
  • Every three-letter combination was registered.
  • 98 of the words in a typical English dictionary
    had been registered.
  • The rate of URL registrations, 84,000 per day.

15
Logos and Symbols
  • Non-word mark logos called symbols.
  • Word marks (e.g. Coca-Cola, Dunhill)
  • Abstract logos (e.g. Mercedes star, Rolex crown)
  • Because of their visual nature, logos and symbols
    are often easily recognized and can be a valuable
    way to identify products, although a key concern
    is how well they become linked in memory to the
    corresponding brand name and product to boost
    brand recall.
  • Unlike brand names, logos can be easily changed
    over time to achieve a more contemporary look.

16
Character
  • Characters represent a special type of brand
    symbol-one that takes on human or real life
    characteristics.
  • Brand characters can provide a number of brand
    equity benefits.Because they are often colorful
    and rich in imagery, they tend to be attention
    getting.Consequently,brand characters can be
    quite useful for creating brand awareness.
  • Cautions,brand characters can be so attention
    getting and well linked that they dominate other
    brand elements and actually dampen brand
    awareness.

17
Slogans
  • Slogans are short phrases that communicate
    descriptive or persuasive information about the
    brand
  • Slogans can function as usefulhooks or
    handles to help customers grasp the meaning of
    a brand in terms of what brand is and what makes
    it special.
  • Slogans can help to reinforce the brand
    positioning and desired point of difference.
  • Slogans often become closely tired to advertising
    campaigns and can be used as tag lines to
    summarize the descriptive and persuasive
    information conveyed in ads.

18
Jingles
  • Jingles are musical messages written around the
    brand.
  • Jingles can communicate brand benefits, but they
    often convey product meaning in a nondirect and
    fairly abstract fashion given their musical
    foundation,related to feelings and personality.
  • The jingle will repeat the brand name in clever
    and amusing ways that allow consumers multiple
    encoding opportunities.

19
Packaging (1)
  • Packaging involves the activities of designing
    and producing containers or wrappers for a
    product.
  • Packaging must achieve the objectives
  • Identify the brand
  • Convey descriptive and persuasive information
  • Facilitate product transportation and protection
  • Assist at-home storage
  • Aid product consumption

20
Packaging (2)
  • Level of package
  • Primary package
  • Secondary package
  • Transportation package
  • Main functions of package
  • Protection 4.Convenience
  • Handling 5.Attractiveness
  • Identification 6.Suitable cost

21
Packaging (3)
  • Packaging materials
  • Paper
  • bag, folding boxboard carton, corrugated
    fiberboard box, fiber drum,
  • Metal
  • can, drum, collapsible tubes, aluminum foil
  • Glass
  • Plastic
  • PE, PP, PS, PET, PVC
  • Wood

22
Packaging (4)
  • Designing packaging process
  • Analysis of the market
  • Retail environment
  • Products strengths and weakness
  • Competitors strengths and weakness
  • Packaging option
  • Packaging positioning
  • Copy strategy
  • Package design brief
  • Package test (functional, visual, dealer,
    consumer)
  • Evaluation

23
Packaging (5)
  • Functionally, structural design is crucial.for
    example,packaging innovations with food products
    over the years have resulted in packages being
    resealable, tamperproof, and more convenient to
    use(e.g. easy to hold,easy to open, or
    squeezable)
  • Structural packaging innovations can create a
    point of difference that permits a higher
    margin.New packages can also expand a market and
    capture new market segments.
  • less cost-effective and last five seconds of
    marketing

24
Packaging (6)
  • Packaging color can affect consumers perceptions
    of the product itself.
  • Packaging changed for a number of reasons
  • Upgraded to signal a higher price
  • Sell products through new or shifting
    distribution channels.
  • When there is a significant product line
    expansion that would benefit from common look.
  • Package redesign may also accompany a new product
    innovation to signal changes to consumers.
  • If changed too significantly, consumers may not
    recognize the package when confronted with it in
    the store.

25
Putting it all together
  • Each of different brand elements can play a
    different role in building brand equity.
  • Conceptually,it is necessary to mix and match
    these different brand elements to maximize brand
    equity.
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