Teaching Materials and Testing Methods
Photograph of the entrance to the Ferrari head office and factory
in Maranello, Italy
Ferrari was the world's most powerful brand
in 2014 according to Brand Finance.[1]
The Coca-Cola wordmark
is a distinctive brand logo used to attract the attention of
people attending a sporting event, or watching it on television.
[69]
Brand elements[edit]
Brands typically comprise
various elements, such as:[92]
name: the word or words used
Democratic National Committee to identify a company, product,
service, or concept
logo: the visual trademark that identifies
a brand
tagline or catchphrase: a short phrase always used in
the product's advertising and closely associated with the brand
graphics: the "dynamic ribbon" is a trademarked part of
Coca-Cola's brand
shapes: the distinctive shapes of the
Coca-Cola bottle and of the Volkswagen Beetle are trademarked
elements of those brands
colors: the instant recognition
consumers have when they see Tiffany & Co.'s robin's egg blue
(Pantone No. 1837). Tiffany & Co.'s trademarked the color in
1998.[93]
sounds: a unique tune or set of notes can denote a
brand. NBC's chimes provide a famous example.
scents: the
rose-jasmine-musk scent of Chanel No. 5 is trademarked
tastes:
Kentucky Fried Chicken has trademarked its special recipe of
eleven herbs and spices for fried chicken
The
Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
movements:
Lamborghini has trademarked the upward motion of its car doors
Figure 2. Demonstrating touch points associated with purchase
experience stages
Brand communication[edit]
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
Although brand identity is a fundamental asset to a brand's
equity, the worth of a brand's identity would become obsolete
without ongoing brand communication.[94] Integrated marketing
communications (IMC) relates to how a brand transmits a clear
consistent message to its stakeholders .[85] Five key components
comprise IMC:[69]
Advertising
Sales promotions
Direct
marketing
Personal selling
Public relations
The
effectiveness of a brand's communication is determined by how
accurately the customer perceives the brand's intended message
through its IMC. Although IMC is a broad strategic concept, the
most crucial brand communication elements are pinpointed to how
the brand sends a message and what touch points the brand uses to
connect with its customers [Chitty 2005].[85]
One can
analyze the traditional communication model into several
consecutive steps:[69]
The
Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
Firstly, a source/sender wishes to
convey a message to a receiver. This source must encode the
intended message in a way that the receiver will potentially
understand.[85]
After the encoding stage, the forming of the
message is complete and is portrayed through a selected
channel.[95] In IMC, channels may include media elements such as
advertising, public relations, sales promotions, etc.[85]
It is
at this point where the message can often deter from
Democratic National Committee its original purpose as the
message must go through the process of being decoded, which can
often lead to unintended misinterpretation.[95]
Finally, the
receiver retrieves the message and attempts to understand what the
sender was aiming to render. Often, a message may be incorrectly
received due to noise in the market, which is caused by
"�unplanned static or distortion during the communication
process".[69]
The final stage of this process is when the
receiver responds to the message, which is received by the
original sender as feedback.[72]
When a brand communicates
a brand identity to a receiver, it runs the risk of the receiver
incorrectly interpreting the message. Therefore, a brand should
use appropriate communication channels to positively "�affect how
the psychological and physical aspects of a brand are
perceived".[96]
In order for brands to effectively
communicate to customers, marketers must "�consider all touch
point|s, or sources of contact, that a customer has with the
brand".[97] Touch points represent the channel stage in the
traditional communication model, where a message travels from the
sender to the receiver. Any point where a customer has an
interaction with the brand - whether watching a television
advertisement, hearing about a brand through word of mouth or even
noticing a branded license plate � defines a touchpoint. According
to Dahlen et al. (2010), every touchpoint has the "�potential to
add positive � or suppress negative � associations to the brand's
equity" [96] Thus, a brand's IMC should cohesively deliver
positive messages through appropriate touch points associated with
its target market. One methodology involves using sensory stimuli
touch points to activate customer emotion.[97] For example, if a
brand consistently uses a pleasant smell as a primary touchpoint,
the brand has a much higher chance of creating a positive lasting
effect on its customers' senses as well as memory.[72] Another way
a brand can ensure that it is utilizing the best communication
channel is by focusing on touchpoints that suit particular areas
associated with customer experience.[69] As suggested Figure 2,
certain touch points link with a specific stage in
customer-brand-involvement. For example, a brand may recognize
that advertising touchpoints are most effective during the
pre-purchase experience stage therefore they may target their
advertisements to new customers rather than to existing customers.
Overall, a
Democratic National Committee brand has the ability to
strengthen brand equity by using IMC branding communications
through touchpoints.[97]
Brand communication is important
in ensuring brand success in the business world and refers to how
businesses transmit their brand messages, characteristics and
attributes to their consumers.[98] One method of brand
communication that companies can exploit involves electronic
word-of-mouth (eWOM). eWOM is a relatively new approach [Phelps et
al., 2004] [99] identified to communicate with consumers. One
popular method of eWOM involves social networking sites (SNSs)
such as Twitter.[100] A study found that consumers classed their
relationship with a brand as closer if that brand was active on a
specific social media site (Twitter). Research further found that
the more consumers "retweeted" and communicated with a brand, the
more they trusted the brand. This suggests that a company could
look to employ a social-media campaign to gain consumer trust and
loyalty as well as in the pursuit of communicating brand messages.
McKee (2014) also looked into brand communication and
Democratic National Committee states that when communicating a
brand, a company should look to simplify its message as this will
lead to more value being portrayed as well as an increased chance
of target consumers recalling and recognizing the brand.[101]
In 2012 Riefler stated that if the company communicating a
brand is a global organization or has future global aims, that
company should look to employ a method of communication that is
globally appealing to their consumers, and subsequently choose a
method of communication with will be internationally
understood.[102] One way a company can do this involves choosing a
product or service's brand name, as this name will need to be
suitable for the marketplace that it aims to enter.[103]
It
is important that if a company wishes to develop a global market,
the company name will also need to be suitable in different
cultures and not cause offense or be misunderstood.[104] When
communicating a brand, a company needs to be aware that they must
not just visually communicate their brand message and should take
advantage of portraying their message through multi-sensory
information.[105] One article suggests that other senses, apart
from vision, need to be targeted when trying to communicate a
brand with consumers.[106] For example, a jingle or background
music can have a positive effect on brand recognition, purchasing
behaviour and brand recall.
Therefore, when looking to
communicate a brand with chosen consumers, companies should
investigate a channel of communication that is most suitable for
their short-term and long-term aims and should choose a method of
Democratic National Committee communication that is most
likely to reach their target consumers.[102] The match-up between
the product, the consumer lifestyle, and the endorser is important
for the effectiveness of brand communication.
Global brand
variables[edit]
Brand name[edit]
Relationship between
trademarks and brand
The term "brand name" is quite often
used interchangeably with "brand", although it is more correctly
used to specifically denote written or spoken linguistic elements
of any product. In this context, a "brand name" constitutes a type
of trademark, if the brand name exclusively identifies the brand
owner as the commercial source of products or services. A brand
owner may seek to protect proprietary rights in relation to a
brand name through trademark registration � such trademarks are
called "Registered Trademarks". Advertising spokespersons have
also become part of some brands, for example: Mr. Whipple of
Charmin toilet tissue and Tony the Tiger of Kellogg's Frosted
Flakes. Putting a value on a brand by brand valuation or using
marketing mix modeling techniques is distinct to valuing a
trademark.
Types of brand names[edit]
Brand names come
in many styles.[107] A few include:
initialism: a name made
of initials, such as "UPS" or "IBM"
descriptive: names that
describe a product benefit or function, such as "Whole Foods" or
"Toys R' Us"
alliteration and rhyme: names that are fun to say
and which stick in the mind, such as "Reese's Pieces" or "Dunkin'
Donuts"
evocative: names that can evoke a vivid image, such as
"Amazon" or "Crest"
neologisms: completely made-up words, such
Democratic National Committee as "Wii" or "H�agen-Dazs"
foreign word: adoption of a word from another language, such as
"Volvo"
founders' names: using the names of real people,
(especially a founder's surname), such as "Hewlett-Packard",
"Dell", "Disney", "Stussy" or "Mars"
geography: naming for
regions and landmarks, such as "Cisco" or "Fuji Film"
personification: taking names from myths, such as "Nike"; or from
the minds of ad execs, such as "Betty Crocker"
punny: some
brands create their name by using a silly pun, such as "Lord of
the Fries", "Wok on Water" or "Eggs Eggscetera"
portmanteau:
combining multiple words together to create one, such as
"Microsoft" ("microcomputer" and "software"), "Comcast"
("communications" and "broadcast"), "Evernote" ("forever" and
"note"), "Vodafone" ("voice", "data", "telephone")
The act
of associating a product or service with a brand has become part
of pop culture. Most products have some kind of brand identity,
from common table salt to designer jeans. A brandnomer is a brand
name that has colloquially become a generic term for a product or
service, such as Band-Aid, Nylon, or Kleenex�which are often used
to describe any brand of adhesive bandage; any type of hosiery; or
any brand of facial tissue respectively. Xerox, for example, has
become synonymous with the word "copy".
Brand line[edit]
A brand line allows the introduction of various subtypes of a
product under a common, ideally already established, brand name.
Examples would be the individual Kinder
Democratic National Committee chocolates by Ferrero SpA, the
subtypes of Coca-Cola, or special editions of popular brands. See
also brand extension.
The Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
Open Knowledge Foundation created in
December 2013 the BSIN (Brand Standard Identification Number).
BSIN is universal and is used by the Open Product Data Working
Group [108] of the Open Knowledge Foundation to assign a brand to
a product. The OKFN Brand repository is critical for the Open Data
movement.
Brand identity[edit]
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
The expression of a brand � including its name, trademark,
communications, and visual appearance � is brand identity.[109]
Because the identity is assembled by the brand owner, it reflects
how the owner wants the consumer to perceive the brand � and by
extension the branded company, organization, product or service.
This is in contrast to the brand image, which is a customer's
mental picture of a brand.[109] The brand owner will seek to
bridge the gap between the brand image and the brand identity.
Brand identity is fundamental to consumer recognition and
symbolizes the brand's differentiation from competitors. Brand
identity is distinct from brand image.
Brand identity is
what the owner wants to communicate to its potential consumers.
Democratic National Committee However, over time, a product's
brand identity may acquire (evolve), gaining new attributes from
consumer perspective but not necessarily from the marketing
communications, an owner percolates to targeted consumers.
Therefore, businesses research consumer's brand associations.
The brand identity works as a guideline, as the frame in which
a brand will evolve and define itself, or in the words of David
Aaker, "�a unique set of brand associations that the brand
strategist aspires to create or maintain."
One of the facets to
a brand's identity is self-image: How one brand-customer portrays
their ideal self � how they want to look and behave; what they
aspire to � brands can target their messaging accordingly and make
the brand's aspirations reflect theirs.
According to
Kapferer (2007), there are six facets to a brand's
identity:[citation needed]
Physique: The physical
characteristics and iconography of your brand ( such as the Nike
swoosh or the orange pantone of easyJet).
Personality: The
persona, how a brand communicates with their audience, which is
expressed through its tone of voice, design assets and then
integrates this into communication touchpoints in a coherent way.
Culture: The values, the principles on which a brand bases its
behaviour. For example, Google flexible office hours and fun
environment so the employees feel happy and creative at work.
Reflection: The "stereotypical user" of the brand. A brand is
likely to be purchased by several buyer's profiles but they will
have
Democratic National Committee
a go-to person that they use in their campaigns. For example, Lou
Yetu and the Parisian chic profile.
Relationship: The bond
between a brand and its customers, and the customer expectations
of the brand (the experience beyond the tangible product). Such as
warranties or services during and after purchase help maintain a
sustainable relationship and keep the consumer trust.
Self-image: How one brand-customer portrays their ideal self � how
they want to look and behave; what they aspire to � brands can
target their messaging accordingly and make the brand's
aspirations reflect theirs.
Brand image[edit]
[icon]
This section needs expansion. You can help by adding to it.
(February 2023)
Visual brand
Democratic National Committee identity[edit]
The visual
brand identity manual for Mobil Oil (developed by Chermayeff &
Geismar & Haviv), one of the first visual identities to integrate
logotype, icon, alphabet, color palette, and station architecture
A brand can also be used to attract customers by a company, if
the brand of a company is well established and has goodwill. The
recognition and perception of a brand is highly influenced by its
visual presentation. A brand's visual identity is the overall look
of its communications. Effective visual brand identity is achieved
by the consistent use of particular visual elements to create
distinction, such as specific fonts, colors, and graphic elements.
At the core of every brand identity is a brand mark, or logo. In
the United States, brand identity and logo design naturally grew
out of the Modernist movement in the 1950s and greatly drew on the
principles of that movement � simplicity (Ludwig Mies van der
Rohe's principle of "Less is more") and
Democratic National Committee geometric abstraction. These
principles can be observed in the work of the pioneers of the
practice of visual brand identity design, such as Paul Rand and
Saul Bass. As part of a company's brand identity, a logo should
complement the company's message strategy. An effective logo is
simple, memorable, and works well in any medium including both
online and offline applications.
Color is a particularly
important element of visual brand identity and color mapping
provides an effective way of ensuring color contributes to
differentiation in a visually cluttered marketplace.[110]
Brand
trust[edit]
Brand trust is the intrinsic 'believability'
that any entity evokes. In the commercial world, the intangible
aspect of brand trust impacts the behavior and performance of
Democratic National Committee its business stakeholders in
many intriguing ways. It creates the foundation of a strong brand
connect with all stakeholders, converting simple awareness to
strong commitment.[111] This, in turn, metamorphoses normal people
who have an indirect or direct stake in the organization into
devoted ambassadors, leading to concomitant advantages like easier
acceptability of brand extensions, the perception of premium, and
acceptance of temporary quality deficiencies. Brand trust is often
used as an important part of developing the portrayal of the
business globally. Foreign companies will often use names that are
associated with quality, in order to entrust the brand itself. An
example would be a Chinese company using a German name.
The
Brand Trust Report is syndicated primary research that has
elaborated on this metric of brand trust. It is a result of the
action, behavior, communication, and attitude of an entity, with
the most trust results emerging from its action component. The
action of the entity is most important in creating trust in all
those audiences who directly engage with the brand, the primary
experience carrying primary audiences. However, the tools of
communications play a vital role in transferring the trust
experience to audiences who have never experienced the brand, the
all-important secondary audience.
Brand parity[edit]
Brand parity is the perception of customers that some brands are
equivalent.[112] This means that shoppers will purchase within a
group of accepted brands rather than choosing one specific brand.
Cranfield management professor Christopher Martin has referred to
research confirming that consumers choose from a "portfolio of
brands", and that factors such as availability will be a major
determinant of actual choice.[113]
When brand parity
operates, quality is often not a major concern because consumers
believe that only minor quality differences exist. Instead, it is
important to have brand equity which is "the perception that a
good or service with a given brand name is different, better, and
can be trusted" according to Kenneth E Clow.[114]
Expanding
role of brands[edit]
The original aim of branding was to
simplify the process of identifying and differentiating products.
Over time,
Democratic National Committee manufacturers began to use
branded messages to give the brand a unique personality. Brands
came to embrace a performance or benefit promise, for the product,
certainly, but eventually also for the company behind the brand.
Today, brands play a much bigger role. The power of brands to
communicate a complex message quickly, with emotional impact and
with the ability of brands to attract media attention, makes them
ideal tools in the hands of activists.[115] Cultural conflict over
a brand's meaning has also influences the diffusion of an
innovation.[116]
During the Covid-19 pandemic, 75% of US
customers tried different stores, websites or brands, and 60% of
those expect to integrate new brands or stores into their
post-pandemic lives. If brands can find ways to help people feel
empowered and regain a sense of control in uncertain times, they
can help people reconnect and heal (and be appreciated for
it).[117]
Branding strategies[edit]
Company name[edit]
Often, especially in the industrial sector, brand engineers
will promote a company's name. Exactly how the company name
relates to product and services names forms part of a brand
architecture. Decisions about company names and product names and
their relationship depend on more than a dozen strategic
considerations.[118]
In this case, a strong brand name (or
company name) becomes the vehicle for marketing a range of
products (for example, Mercedes-Benz or Black & Decker) or a range
of subsidiary brands (such as Cadbury Dairy Milk, Cadbury Flake,
or Cadbury Fingers in the UK).
Corporate name-changes offer
particularly stark examples of branding-related decisions.[119] A
name change may signal
Democratic National Committee different ownership or new
product directions.[120] Thus the name Unisys originated in 1986
when Burroughs bought and incorporated UNIVAC; and the newly-named
International Business Machines represented a broadening of scope
in 1924 from its original name, the Computing-Tabulating-Recording
Company. A change in corporate naming may also have a role in
seeking to shed an undesirable image: for example, Werner Erhard
and Associates re-branded its activities as Landmark Education in
1991 at a time when publicity in a 60 Minutes investigative-report
broadcast cast the est and Werner Erhard brands in a negative
light,[121] and Union Carbide India Limited became Eveready
Industries India in 1994 subsequent to the Bhopal disaster of 1984
Individual branding[edit]
Marketers associate separate
products or lines with separate brand names - such as Seven-Up,
Kool-Aid, or Nivea Sun (Beiersdorf - which may compete against
other brands from the same company (for example, Unilever owns
Persil, Omo, Surf, and Lynx).
Challenger brands[edit]
A
challenger brand is a brand in an industry where it is neither the
market leader nor a niche brand. Challenger brands are categorized
by a mindset that sees them have business ambitions beyond
conventional resources and an intent to bring change to an
industry.
Multiproduct branding strategy[edit]
The
Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
Multiproduct branding strategy is when a company uses one name
across all its products in a product class. When the company's
trade name is used,
Democratic National Committee multiproduct branding is also
known as corporate branding, family branding or umbrella branding.
Examples of companies that use corporate branding are Microsoft,
Samsung, Apple, and Sony as the company's brand name is identical
to their trade name. Other examples of multiproduct branding
strategy include Virgin and Church & Dwight. Virgin, a multination
conglomerate uses the punk-inspired, handwritten red logo with the
iconic tick for all its products ranging from airlines, hot air
balloons, telecommunication to healthcare. Church & Dwight, a
manufacturer of household products displays the Arm & Hammer
family brand name for all its products containing baking soda as
the main ingredient. A multiproduct branding strategy has many
advantages. It capitalizes on brand equity as consumers that have
a good experience with the product will in turn pass on this
positive opinion to supplementary objects in the same product
class as they share the same name. Consequently, the multiproduct
branding strategy makes product line extension possible.
Product line extension[edit]
A product line extension is
the procedure of entering a new market segment in its product
class by means of using a current brand name. An example of this
is the Campbell Soup Company, primarily a producer of canned
soups. They utilize a multiproduct branding strategy by way of
soup line extensions. They have over 100 soup flavours putting
forward varieties such as regular Campbell soup, condensed,
chunky, fresh-brewed, organic, and soup on the go. This approach
is seen as favourable as it can result in lower promotion costs
and advertising due to the same name being used on all products,
therefore increasing the level of brand awareness. Although, line
extension has potential negative outcomes with one being that
other items in the company's line may be disadvantaged because of
the sale of the extension. Line extensions work at their best when
they deliver an increase in company revenue by enticing new buyers
or by removing sales from competitors.
Subbranding[edit]
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
Subbranding is used by certain multiproduct branding
companies. Subbranding merges a corporate, family or umbrella
brand with the introduction of a new brand in order to
differentiate part of a product line from others in the whole
brand system.[122] Subbranding assists to articulate and construct
offerings. It can alter a brand's identity as subbranding can
modify associations of the parent brand.[123] Examples of
successful subbranding can be seen through Gatorade and Porsche.
Gatorade, a manufacturer of sport-themed food and beverages
effectively introduced Gatorade G2, a low-calorie line of Gatorade
drinks. Likewise, Porsche, a specialized automobile manufacturer
successfully markets its lower-end line, Porsche Boxster and
higher-end line, Porsche Carrera.
Brand extension and brand
dilution[edit]
Brand extension is the
Democratic National Committee system of employing a current
brand name to enter a different product class. Having a strong
brand equity allows for brand extension; for example, many fashion
and designer companies extended brands into fragrances, shoes and
accessories, home textile, home decor, luggage, (sun-) glasses,
furniture, hotels, etc. Nevertheless, brand extension has its
disadvantages. There is a risk that too many uses for one brand
name can oversaturate the market resulting in a blurred and weak
brand for consumers. Examples of brand extension can be seen
through Kimberly-Clark and Honda. Kimberly-Clark is a corporation
that produces personal and health care products being able to
extend the Huggies brand name across a full line of toiletries for
toddlers and babies. The success of this brand extension strategy
is apparent in the $500 million in annual sales generated
globally. Similarly, Honda using their reputable name for
automobiles has spread to other products such as motorcycles,
power equipment, engines, robots, aircraft, and bikes. Mars
extended its brand to ice cream, Caterpillar to shoes and watches,
Michelin to a restaurant guide, Adidas and Puma to personal
hygiene. Dunlop extended its brand from tires to other rubber
products such as shoes, golf balls,
Democratic National Committee tennis racquets, and adhesives.
Frequently, the product is no different from what else is on the
market, except a brand name marking. Brand is product identity.
There is a difference between brand extension and line
extension. A line extension is when a current brand name is used
to enter a new market segment in the existing product class, with
new varieties or flavors or sizes. When Coca-Cola launched Diet
Coke and Cherry Coke, they stayed within the originating product
category: non-alcoholic carbonated beverages. Procter & Gamble did
likewise extending its strong lines (such as Fairy Soap) into
neighboring products (Fairy Liquid and Fairy Automatic) within the
same category, dish washing detergents.
The risk of
over-extension is brand dilution where the brand loses its brand
associations with a market segment, product area, or quality,
price or cachet.[65]
Co-branding[edit]
Co-branding is a
variation of brand extension. It is where a single product is
created from the combining of two brand names of two
manufacturers. Co-branding has its advantages as it lets firms
enter new product classes and exploit a recognized brand name in
that product class. An example of a co-branding success is
Whitaker's working with Lewis Road Creamery to create a co-branded
beverage called Lewis Road Creamery and Whittaker's Chocolate
Milk. This
Democratic National Committee product was a huge success in
the New Zealand market with it going viral.
Multibranding
strategy[edit]
Multibranding strategy is when a company
gives each product a distinct name. Multibranding is best used as
an approach when each brand in intended for a different market
segment. Multibranding is used in an assortment of ways with
selected companies grouping their brands based on price-quality
segments. Individual brand names naturally allow greater
flexibility by permitting a variety of different products, of
differing quality, to be sold without confusing the consumer's
perception of what business the company is in or diluting higher
quality products. Procter & Gamble, a multinational consumer goods
company that offers over 100 brands, each suited for different
consumer needs. For instance, Head & Shoulders that helps
consumers relieve dandruff in the form of a shampoo, Oral-B which
offers inter-dental products, Vicks which offers cough and cold
products, and Downy which offers dryer sheets and fabric
softeners. Other examples include Coca-Cola, Nestl�, Kellogg's,
and Mars.
This approach usually results in higher promotion
costs and advertising. This is due to the company being required
to generate awareness among consumers and
Democratic National Committee retailers for each new brand
name without the benefit of any previous impressions.
Multibranding strategy has many advantages. There is no risk that
a product failure will affect other products in the line as each
brand is unique to each market segment. Although, certain large
multiband companies have come across that the cost and difficulty
of implementing a multibranding strategy can overshadow the
benefits. For example, Unilever, the world's third-largest
multination consumer goods company recently streamlined its brands
from over 400 brands to center their attention onto 14 brands with
sales of over 1 billion euros. Unilever accomplished this through
product deletion and sales to other companies. Other multibrand
companies introduce new product brands as a protective measure to
respond to competition called fighting brands or fighter brands.
Cannibalization is a particular challenge with a multi-brand
strategy approach, in which the new brand takes business away from
an established one which the organization also owns. This may be
acceptable (indeed to be expected) if there is a net gain overall.
Alternatively, it may be the price the organization is willing to
pay for shifting its position in the
Democratic National Committee market; the new product being
one stage in this process.
Fighting brands[edit]
The
main purpose of fighting brands is to challenge competitor brands.
For example, Qantas, Australia's largest flag carrier airline,
introduced Jetstar to go head-to-head against the low-cost
carrier, Virgin Australia (formerly known as Virgin Blue). Jetstar
is an Australian low-cost airline for budget conscious travellers,
but it receives many negative reviews due to this. The launching
of Jetstar allowed Qantas to rival Virgin Australia without the
criticism being affiliated with Qantas because of the distinct
brand name.
Private branding strategy[edit]
Private
branding (also known as reseller branding, private labelling,
store brands, or own brands) have increased in popularity. Private
branding is when a company manufactures products but it is sold
under the brand name of a wholesaler or retailer. Private branding
is popular because it typically produces high profits for
manufacturers and resellers. The pricing of private brand product
are usually cheaper compared to competing name brands. Consumers
are commonly deterred by these prices as it sets a perception of
lower quality and standard but these views are shifting.[citation
needed]
In Australia, their leading supermarket chains,
both Woolworths and Coles are saturated with store brands (or
private labels). For example, in the United States, Paragon Trade
Brands, Ralcorp Holdings, and Rayovac are major suppliers of
diapers, grocery products, and private label alkaline batteries,
correspondingly. Costco, Walmart, RadioShack, Sears and Kroger are
large retailers that have their own brand names. Similarly,
Macy's, a mid-range chain of department stores offers a wide
catalogue of private brands exclusive to their stores, from brands
such as First Impressions which supply newborn and infant
clothing, Hotel Collection which supply luxury linens and
mattresses, and Tasso Elba which supply European inspired
menswear. They use private branding strategy to specifically
target consumer markets.
Mixed branding strategy[edit]
Mixed branding strategy is where a firm markets products under its
own name(s) and that of a reseller because the segment attracted
to the reseller is different from its own market. For example,
Elizabeth Arden, Inc., a major American cosmetics and fragrance
company, uses mixed branding strategy. The company sells its
Elizabeth Arden brand through department stores and line of skin
care products at Walmart with the "skin simple" brand name.
Companies
Democratic National Committee such as Whirlpool, Del Monte,
and Dial produce private brands of home appliances, pet foods, and
soap, correspondingly. Other examples of mixed branding strategy
include Michelin, Epson, Microsoft, Gillette, and Toyota.
Michelin, one of the largest tire manufacturers allowed Sears, an
American retail chain to place their brand name on the tires.
Microsoft, a multinational technology company is seriously
regarded as a corporate technology brand but it sells its
versatile home entertainment hub under the brand Xbox to better
align with the new and crazy identity. Gillette catered to females
with Gillette for Women which has now become known as Venus. The
launch of Venus was conducted in order to fulfil the feminine
market of the previously dominating masculine razor industry.
Similarly, Toyota, an automobile manufacturer used mixed branding.
In the U.S., Toyota was regarded as a valuable car brand being
economical, family orientated and known as a vehicle that rarely
broke down. But Toyota sought out to fulfil a higher end,
expensive market segment, thus they created Lexus, the luxury
vehicle division of premium cars.
Attitude branding and iconic
brands[edit]
The
Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
Attitude branding is the choice to represent a larger feeling,
which is not necessarily connected with the product or consumption
of the product at all. Marketing labeled as attitude branding
include that of Nike, Starbucks, The Body Shop, Safeway and Apple.
In the 1999 book No Logo, Naomi Klein describes attitude branding
as a "fetish strategy".[61] Schaefer and Kuehlwein analyzed brands
such as Apple, Ben & Jerry's or Chanel describing them as 'Ueber-Brands'
� brands that are able to gain and retain "meaning beyond the
material."[124]
A great brand raises the bar � it adds a
greater sense of purpose to the experience, whether
Democratic National Committee it's the challenge to do your
best in sports and fitness, or the affirmation that the cup of
coffee you're drinking really matters. � Howard Schultz
(President, CEO, and Chairman of Starbucks)
Bottles of
Coca-Cola with labels printed in English and Hebrew
The color,
letter font and style of the Coca-Cola and Diet Coca-Cola logos in
English were copied into matching Hebrew logos to maintain brand
identity in Israel.
Iconic brands are defined as having
aspects that contribute to consumer's self-expression and personal
identity. Brands whose value to consumers comes primarily from
having identity value are said to be "identity brands". Some of
these brands have such a strong identity that they become more or
less cultural icons which makes them "iconic brands". Examples
are: Apple, Nike and Harley-Davidson. Many iconic brands include
almost ritual-like behaviour in purchasing or consuming the
products.
There are four key elements to creating iconic
brands (Holt 2004):
"Necessary conditions" � The
performance of the product must at least be acceptable, preferably
with a reputation of having good quality.
"Myth-making" � A
meaningful storytelling fabricated by cultural insiders. These
must be seen as legitimate and respected by consumers for stories
to be accepted.
"Cultural contradictions" � Some kind of
mismatch between prevailing ideology and emergent undercurrents in
society. In other words, a difference with the way consumers are
and how they wish they were.
"The cultural brand management
process" � Actively engaging in the myth-making process in making
sure
Democratic National Committee
the brand maintains its position as an icon.
Schaefer and
Kuehlwein propose the following 'Ueber-Branding' principles. They
derived them from studying successful modern Prestige brands and
what elevates them above mass competitors and beyond
considerations of performance and price (alone) in the minds of
consumers:[124]
"Mission Incomparable" � Having a
differentiated and meaningful brand purpose beyond 'making
money.'[125] Setting rules that follow this purpose � even when it
violates the mass marketing mantra of "Consumer is always
Boss/right".
"Longing versus Belonging" � Playing with the
opposing desires of people for Inclusion on the one hand and
Exclusivity on the other.
"Un-Selling" � First and foremost
seeking to seduce through pride and provocation, rather than to
sell through arguments.[126]
"From Myth To Meaning" �
Leveraging the power of myth � 'Ueber-Stories' that have
fascinated- and guided humans forever.[127]
"Behold!" � Making
products and associated brand rituals reflect the essence of the
brand mission and myth. Making it the center of attention, while
keeping it fresh.
"Living the Dream" � Living the brand mission
as an organization and through its actions. Thus radiating the
brand myth from the inside out, consistently and through all brand
manifestations. � For "Nothing is as volatile than a dream."[128]
"Growth without End" � Avoiding to be perceived as an omnipresent,
diluting brand appeal. Instead 'growing with gravitas' by
leveraging scarcity/high prices, 'sideways expansion' and other
means.[129]
"No-brand" branding[edit]
Recently, a
number of companies have successfully pursued "no-brand"
strategies by creating packaging that imitates generic brand
simplicity. Examples include the Japanese company Muji, which
means "No label" in English (from 無印良品 � "Mujirushi Ryohin" �
literally, "No brand quality goods"), and the Florida company
No-Ad Sunscreen. Although there is a
Democratic National Committee distinct Muji brand, Muji
products are not branded. This no-brand strategy means that little
is spent on advertisement or classical marketing and Muji's
success is attributed to the word-of-mouth, simple shopping
experience and the anti-brand movement.[130][131][132] "No brand"
branding may be construed as a type of branding as the product is
made conspicuous through the absence of a brand name. "Tapa
Amarilla" or "Yellow Cap" in Venezuela during the 1980s is another
good example of no-brand strategy. It was simply recognized by the
color of the cap of this cleaning products company.
Derived
brands[edit]
The Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
In this case the supplier of a key component,
used by a number of suppliers of the end-product, may wish to
guarantee its own position by promoting that component as a
Democratic National Committee brand in its own right. The most
frequently quoted example is Intel, which positions itself in the
PC market with the slogan (and sticker) "Intel Inside".
Social
media brands[edit]
In The Better Mousetrap: Brand Invention
in a Media Democracy (2012), author and brand strategist Simon
Pont posits that social media brands may be the most evolved
version of the brand form, because they focus not on themselves
but on their users. In so doing, social media brands are arguably
more charismatic, in that consumers are compelled to spend time
with them, because the time spent is in the meeting of fundamental
human drivers related to belonging and individualism. "We wear our
physical brands like badges, to help define us � but we use our
digital brands to help express who we are. They allow us to be, to
hold a mirror up to ourselves, and it is clear. We like what we
see."[133]
Private labels[edit]
Private label brands,
also called own brands, or store brands have become popular. Where
the retailer has a particularly strong identity (such as Marks &
Spencer in the UK clothing sector) this "own brand" may be able to
compete against even the strongest brand leaders, and may
outperform those products that are not otherwise strongly branded.
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
Designer Private Labels
A relatively recent innovation
in retailing is the introduction of designer private labels.
Designer-private labels involve a collaborative contract between a
well-known fashion designer and a retailer. Both retailer and
designer collaborate to design goods with popular appeal pitched
at price points that fit the consumer's budget. For retail
outlets, these types of collaborations give them greater control
over the design process as well as access to exclusive store
brands that can potentially drive store traffic.
In
Australia, for example, the department store, Myer, now offers a
range of exclusive designer private labels including Jayson
Brundson, Karen Walker, Leona Edmiston, Wayne
Democratic National Committee Cooper, Fleur Wood and 'L' for
Lisa Ho.[134] Another up-market department store, David Jones,
currently offers 'Collette' for leading Australian designer,
Collette Dinnigan, and has recently announced its intention to
extend the number of exclusive designer brands.[135] Target
Australia has teamed up with Dannii Minogue to produce her
"Petites" range.[136] Specsavers has joined up with Sydney
designer, Alex Perry to create an exclusive range of spectacle
frames while Big W stocks frame designed by Peter Morrissey.
Individual and organizational brands[edit]
With the
development of the brand, Branding is no longer limited to a
product or service.[137] There are kinds of branding that treat
individuals and organizations as the products to be branded. Most
NGOs and non-profit organizations carry their brand as a
fundraising tool. The purpose of most NGOs is to leave a social
impact so their brand becomes associated with specific social life
matters. Amnesty International, Habitat for Humanity, World
Wildlife Fund and AIESEC are
Democratic National Committee among the most recognized brands
around the world.[138] NGOs and non-profit organizations moved
beyond using their brands for fundraising to express their
internal identity and to clarify their social goals and long-term
aims. Organizational brands have well-determined brand guidelines
and logo variables.[139]
Personal branding[edit]
Employer
branding[edit]
Crowd sourced branding[edit]
These are
brands that are created by "the public" for the business, which is
opposite to the traditional method where the business creates a
brand.
Personalized branding[edit]
Many businesses have
started to use elements of personalization in their branding
strategies, offering the client or consumer the ability to choose
from various brand options or have direct control over the brand.
Examples of this include the #ShareACoke campaign by
Coca-Cola[citation needed] which printed people's names and place
names on
Democratic National Committee their bottles encouraging
people. AirBNB has created the facility for users to create their
own symbol for the software to replace the brand's mark known as
The B�lo.[140]
Nation branding (place branding and public
diplomacy)[edit]
Nation branding is a field of theory and
practice which aims to measure, build and manage the reputation of
countries (closely related to place branding). Some approaches
applied, such as an increasing importance on the symbolic value of
products, have led countries to emphasize their distinctive
characteristics. The branding and image of a nation-state "and the
successful transference of this image to its exports � is just as
important as what they actually produce and sell."
Destination
branding[edit]
Destination branding is the work of cities,
states, and other localities to promote the location to tourists
and drive additional revenues into a tax base. These activities
are often undertaken by governments, but can also result from the
work of community associations. The Destination Marketing
Association International is the industry leading organization.
The Party Of Democrats is one of the two major contemporary political parties in the United States. Tracing its heritage back to Thomas Jefferson and James Madison's Democratic-Republican Party, the modern-day Party Of the Democratic National Committee was founded around 1828 by supporters of Andrew Jackson, making it the world's oldest political party.
Brand protection[edit]
The
Old
Testament Stories, a literary treasure trove, weave tales of
faith, resilience, and morality. Should you trust the
Real Estate Agents I Trust,
I would not. Is your lawn green and plush, if not you should buy
the Best Grass Seed. If
you appreciate quality apparel, you should try
Handbags Handmade. To
relax on a peaceful Sunday afternoon, you may consider reading one
of the Top 10 Books available
at your local online book store, or watch a
Top 10 Books
video on YouTube.
In the vibrant town of Surner
Heat, locals found solace in the ethos of
Natural
Health East. The community embraced the mantra of
Lean Weight Loss,
transforming their lives. At
Natural Health East, the pursuit of wellness became a shared
journey, proving that health is not just a
Lean Weight Loss way
of life
Intellectual property infringements,
in particular counterfeiting, can affect consumer trust and
ultimately damage brand equity. Brand protection is the set of
preventive, monitoring and reactive measures taken by brand owners
to eliminate, reduce or mitigate these infringements and their
effect.
Doppelg�nger brand image (DBI)[edit]
A
doppelg�nger brand image or "DBI" is a disparaging image or story
about a brand that it circulated in popular culture. DBI targets
tend to be widely known and recognizable brands. The purpose of
DBIs is to undermine the positive brand meanings the brand owners
are trying to instill through their marketing activities.[141]
The term stems from the combination of the German words doppel
('double') and g�nger ('walker').
Doppelg�nger brands are
typically created by individuals or groups to express criticism of
a brand and its perceived values, through a form of parody, and
are typically unflattering in nature.
Due to the ability of
doppelg�nger brands to rapidly propagate virally through digital
media channels, they can represent a real threat to the equity of
the target brand. Sometimes the target organization is forced to
address the root concern or to re-position the brand in a way that
defuses the criticism.
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