Brand Management: Course Overview
Brand Management: Course Overview
Course Overview
Mrs.Savitha Nair
Brand Management
Unit I: Introduction to brands basic concepts Importance of brands Role of the brand manager Naming a brand Types of brand names Brand Evolution Brand hierarchy Unit II: Brand Image Brand identity system traps perspectives structure brand personality brand loyalty measuring loyalty. Brand EquityMeasuring outcomes of brand equity: Comparative Method Holistic Method.
Mrs.Savitha Nair
Brand Management
Unit III: Strategic brand positioning positioning guidelines- Brand repositioning -Co-branding licensing celebrity endorsement- Criteria for choosing brand elements options and tactics for brand elements Unit IV: Launching new brands designing and implementing brand strategy Brand Extension advantages and disadvantages evaluating brand extension opportunities. Revitalization of brand Brand failures
Mrs.Savitha Nair
Brand Management
Unit V: Handling name changes brand transfers making brands go global Brand valuation financial valuation of brands methods -. Global Branding References: Kevin Lane Keller, 2003, Strategic Brand Management, Person: New Delhi Aaker, David A, 1991, Managing Brand Equity, Free press: New York Kapferer J.N, 1992, Strategic Brand Management, Free press: New York Aaker, David A, 1996, Building Strong Brands, Free press: New York Lan Batey Asian Branding, 2002, A Great Way Mrs.Savitha Nair to Fly, Prentice Hall: Singapore
What is a brand?
A 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
Mrs.Savitha Nair
A brand comprises of
Tangible attributes
Product Packaging Labelling Attributes Functional benefits Quality Emotional benefits Values Culture Image
Mrs.Savitha Nair
Intangible attributes
Brand Building
Involves all the activities that are necessary to nurture a brand into a healthy cash flow stream after launch such as
Product development Packaging Advertising Promotion Sales and distribution
Mrs.Savitha Nair
Mrs.Savitha Nair
Brand Equity
When a commodity becomes a brand, it is said to have equity Brand Equity is: The premium a brand can command in the market Difference between the perceived value and the intrinsic value
Mrs.Savitha Nair
Mrs.Savitha Nair