Brand Management Lesson 6
Brand Management Lesson 6
BRAND
MANAGEMENT
(BBCT 3033)
LESSO N 6
INTEG RATING MARKETING COMMUN ICATION S TO BUILD
BRAND EQ UITY
Learning Objectives
Marketing Communication
Direct
Place
Response
Promotion
Consumer
Promotions
Trade Promotions
Promotions
Advantages
◦ Permit manufacturers to charge different prices to groups of consumers who vary in
their price sensitivity
◦ Convey a sense of urgency to consumers
◦ Can build brand equity through actual product experience
◦ Encourage the trade to maintain full stocks and support the manufacturer’s
merchandising efforts
Promotions
Disadvantages
◦ Decreased brand loyalty and increased brand switching
◦ Decreased quality perceptions, and increased price sensitivity
◦ Inhibit the use of franchise
◦ Divert marketing funds sales promotion
◦ Increase the importance of price as a factor in consumer decisions
◦ May subsidize buyers who would have bought the brand anyway
Online Marketing Communication
Web Sites
Social Media
Events and Experiences
•Focus on engaging the consumers’ senses and imagination as a part of brand
building
•Event marketing: Public sponsorship of events or activities related to sports,
art, entertainment, or social causes
•Range from extravagant sponsorship events to a simple local in-store product
demonstration
•Rationale
•Guidelines
Mobile Marketing
Product advertising on various mobile platforms
Geotargeting: Marketers send messages to consumers based on their location
and the activities they are engaging in
Opt-in advertising - Users agree to allow advertisers to use specific, personal
information send them targeted ads and promotions
To Sum up...