Branding Strategies
Branding Strategies
- YOUR LOGO DESIGN PLAYS A CRITICAL ROLE IN YOUR BRAND BECAUSE IT WILL BE THE
“FACE” OF YOUR BUSINESS TO BE SEEN ON EVERY PACKAGE, ADVERTISEMENT, AND
OTHER MARKETING MATERIALS.
- A COMPETENT LOGO DESIGN IS SEEN TO BE AS SIMPLE, BUT ENOUGH TO MAKE A LASTING
IMPRESSION ON YOUR CUSTOMERS.
3. BUILDS TRUST IN YOUR MARKETPLACE
- IT DEVELOPS BRAND LOYALTY WHICH WILL MAKE THESE CUSTOMERS KEEP ON COMING BACK TO
PURCHASE YOUR PRODUCTS.
IMPORTANCE OF BRANDING
4. GENERATES NEW CUSTOMERS
- BRANDING REACHES IN THE WORD-OF-MOUTH
ADVERTISING AS WELL.
5. BOOSTS EMPLOYEES PRIDE AND SATISFACTION
- ESTABLISHING BRANDING ALSO IN YOUR
WORKPLACE CAN HELP STRENGTHEN YOUR BRAND AND THE
VALUES IT EXEMPLIFIES.
6. HELPS YOU GROW YOUR BUSINESS
- A VALUABLE BRAND HELPS TO DEVELOP A PROFITABLE
ELEMENTS OF A BRAND
BRAND NAME
BRAND MARK
TRADE NAME
TRADE MARK
• BRAND NAME:
• IS A NAME (USUALLY A PROPER NOUN) APPLIED BY A MANUFACTURER
OR ORGANIZATION TO A PARTICULAR PRODUCT OR SERVICE.
• THE ELEMENT OF A BRAND THAT CAN BE VOCALIZED
• EXAMPLE: APPLE AND MC DONALD’S – PRODUCT NAMES ARE IPOD AND
BIG MAC RESPECTIVELY
• BRAND MARK:
• USE OF VISUAL ELEMENTS, IMAGES, AND SYMBOLS TO SET IT APART
AND HELP A BUSINESS STAND OUT TO CUSTOMERS.
• AN COME IN A VARIETY OF FORMS, INCLUDING THE FOLLOWING:
LOGOS, COLORS, PICTURES, ICONS OR COMBINATION OF ALL OF THESE
DON’TS IN BRAND NAMES:
1. SPELLING-CHALLENGED: TWYXT – HOUZZ - SVBTLE
2. COPYCAT: YAMMER
3. RESTRICTIVE: 24-HOUR FITNESS – 99C – DIAPERS.COM
4. ANNOYING: COMBINATIONS OF INITIALS.
5. TAME: UNIMAGINATIVE , DESCRIPTIVE: CLOUD NOW -
DOCUSIGN
6. CURSE OF KNOWLEDGE: MZINGA – EUKANUBA – SPQR
RESTAURANT
7. HARD TO PRONOUNCE: XOBNI
KEYS TO CHOOSING A BRAND NAME
Is easy to
pronounce, Is
recognize, distinctive Can be
and in some translated
remember. way. into other
languages.
• TRADE NAME:
• IS AN OFFICIAL NAME UNDER WHICH AN INDIVIDUAL OR
COMPANY CONDUCTS BUSINESS.
• EXAMPLE: COCA COLA BOTTLING COMPANY
• TRADE MARK:
• CAN BE ASSOCIATED WITH OR IT CAN BE PART OF YOUR TRADE
NAME AND CAN BE USED TO PROVIDE LEGAL PROTECTION FOR
THE USE OF NAMES, LOGOS, SYMBOLS, OR COMPANY SLOGANS
BRANDING: KEY TERMS
• BRAND
• AN IDENTIFYING NAME, TERM, DESIGN, OR SYMBOL
• ONE ITEM, FAMILY OF ITEMS, OR ALL ITEMS OF A SELLER
• CORVETTE, CHEVROLET, GENERAL MOTORS
• BRAND NAME
• THE PART OF A BRAND THAT CAN BE SPOKEN
• WORDS, LETTERS, NUMBERS
• UNION 76, NBA, 49’ERS
• BRAND MARK
• THE PART OF A BRAND NOT MADE UP OF WORDS
• SYMBOLS OR DESIGNS
• NIKE SWOOSH, MERCEDES STAR, MCDONALD’S ARCHES 13 | 22
BRANDING: KEY TERMS (CONT’D)
• TRADEMARK
• A LEGAL DESIGNATION OF EXCLUSIVE USE OF
A BRAND
• COCA-COLA®, HEWLETT-PACKARD®
• TRADE NAME
• FULL LEGAL NAME OF
AN ORGANIZATION
13 | 23
VALUE OF BRANDING
• FOR CONSUMERS
• HELPS SPEED CONSUMER PURCHASES BY
IDENTIFYING SPECIFIC PREFERRED
PRODUCTS
• PROVIDES A FORM OF SELF-EXPRESSION
AND STATUS
• EVALUATES PRODUCT QUALITY TO 13 | 24
LOYALTY
RE-BRANDING
Rebranding - a change to the brand name, logo, or
image of a product or company
Source: Adapted with the permission of The Free Press, a division of Simon & Schuster Adult Publishing Group, from Managing Brand 13 | 28
Equity: Capitalizing on the Value of a Brand Name by David A. Aaker. Copyright © 1991 by David A. Aaker.
TYPES OF BRANDS
• MANUFACTURER BRANDS
• BRANDS INITIATED BY MANUFATURERS
• GENERIC BRANDS
•Copyright
BRANDS INDICATING
© Houghton Mifflin Company. All rights reserved. ONLY 13 | 29
13 | 30
Family Care. Safeguard. Germ-Protecting Soap.
• DISADVANTAGES
• LACK OF MANUFACTURING CONTROL
• CREATING TOO MANY UNRELATED PRODUCTS
• LICENSING ARRANGEMENTS CAN FAIL
Copyright © Houghton Mifflin Company. All rights reserved. 13 | 40
PACKAGING
Label:
A printed description
of the product on the
package.
Package:
The container or
wrapper for a
product.
PACKAGING
THE PACKAGE = PHYSICAL CONTAINER OR WRAPPING
FOR A PRODUCT
IT IS AN INTEGRAL PART OF PRODUCT PLANNING AND
PROMOTION
• 10% OF THE RETAIL PRICE IS SPENT ON
DEVELOPING, DESIGNING, AND PRODUCING
JUST THE PACKAGE
COMPANIES SOMETIMES CHANGE PACKAGING TO
GOING BACK TO THE ORIGINAL
FUNCTIONS OF PACKAGING
3. Providing Information
4. Expressing Customer Needs
5. Ensure Safe Use
6. Protecting the Product
The Keys to Product Packaging
1. PROMOTING AND SELLING THE
PRODUCT
ATTRACTIVE, COLORFUL,
AND VISUALLY APPEALING
PACKAGES HAVE
PROMOTIONAL VALUE
Air To Spare
PACKAGING TRENDS
ASEPTIC PACKAGING –
TECHNOLOGY THAT KEEPS FOODS
FRESH WITHOUT REFRIGERATION
FOR EXTENDED PERIODS
ENVIRONMENTAL
PACKAGING –
RECYCLED MATERIAL,
LESS PLASTIC, AND
SAFER FOR THE
ENVIRONMENT
PACKAGING TRENDS
CAUSE PACKAGING –
PROMOTE SOCIAL AND
POLITICAL CAUSES
• MAY BE TOTALLY UNRELATED
TO THE PRODUCT
LABELING
LABEL – AN IDENTIFICATION TAG, WRAPPER,
SEAL, OR IMPRINTED MESSAGE THAT IS
ATTACHED TO A PRODUCT OR ITS PACKAGE
• MAIN FUNCTION IS TO INFORM CUSTOMERS
ABOUT A PRODUCT’S CONTENTS AND GIVE
DIRECTIONS FOR USE
• PROTECTS BUSINESSES FROM LEGAL
LIABILITY IF SOMEONE IF INJURED WHILE
USING THE PRODUCT
LABELING
• LABELING
• PROVIDING IDENTIFYING, PROMOTIONAL, LEGAL,
OR OTHER INFORMATION ON PACKAGE LABELS
• UNIVERSAL PRODUCT CODE (UPC)
• A SERIES OF ELECTRONICALLY
READABLE LINES IDENTIFYING
A PRODUCT AND CONTAINING
INVENTORY AND PRICING
INFORMATION
13 | 61
THREE KINDS OF
LABELS
1. BRAND LABEL – GIVES BRAND NAME AND TRADEMARK
OR LOGO
• CUSTOMER SERVICE:
• DESCRIBES THE
ASSISTANCE • IMPORTANT ELEMENTS
OF CUSTOMER
PROVIDED TO HELP SERVICE:
A CUSTOMER WITH • PROVIDING
THE PURCHASE OR INFORMATION ABOUT
USE OF A PRODUCT. PRODUCT
ALTERNATIVES.
• TRAINING IN
PRODUCT USE.
CLASS EXERCISE
1. LOOK AT THE NEAREST SNACK FOOD WRAPPER OR
SOFT DRINK CONTAINER AND IDENTIFY THE
a. BRAND NAME.
b. BRAND MARK.
c. TRADEMARK.
d. TRADE NAME.
2. USING THE WRAPPER OR CONTAINER, EXPLAIN HOW
PACKAGING PERFORMS THREE FUNCTIONS:
PROTECTION, CONVENIENCE, AND COMMUNICATION. 13 | 67
CLASS EXERCISE (CONT’D)
3.IS THE MANUFACTURER OF THE PRODUCT USING
INDIVIDUAL, FAMILY, OR BRAND-EXTENSION
BRANDING?
4.YOU WORK FOR A FIRM THAT IS INTRODUCING A
NEW CHOCOLATE CANDY BAR THAT CONTAINS
AN EXTRA AMOUNT OF CAFFEINE. DEVELOP A
BRAND NAME THAT
a. IS EASY FOR CUSTOMERS TO SAY, SPELL, AND
RECALL. 13 | 68