SlideShare uma empresa Scribd logo
1 de 30
ASSIGNMENT

CHOOSING BRAND ELEMENTS
TO BUILD BRAND EQUITY
Choosing Brand Elements To Build Brand Equity

• M.M.M. Mallawaarachchi
• R.M.N. Prageeth Wijerathne
Criteria for Choosing Brand Elements
•
•
•
•
•
•

Memorability
Meaningfulness
Likability
Transferability
Adaptability
Protectability

Marketer’s offensive strategy
and build brand equity

Defensive role for leveraging
and maintaining brand equity
Memorability
• Brand elements should inherently be
memorable and attention-getting, and
therefore facilitate recall or recognition.
Meaningfulness

• Brand elements may take on all kinds of meaning,
with either descriptive or persuasive content.
• Two particularly important criteria
– General information about the nature of the product
category
– Specific information about particular attributes and
benefits of the brand

• The first dimension is an important determinant of
brand awareness and salience; the second, of brand
image and positioning.
Top Meaningful Brands
Likability
• Do customers find the brand element
aesthetically appealing?
• Descriptive and persuasive elements reduce
the burden on marketing communications to
build awareness.
Transferability
• How useful is the brand element for line or
category extensions?
• To what extent does the brand element add
to brand equity across geographic boundaries
and market segments?
Coca Cola across the world
Adaptability
• The more adaptable and flexible the brand
element, the easier it is to update it to
changes in consumer values and opinions.
• For example, logos and characters can be
given a new look or a new design to make
them appear more modern and relevant.
Google’s Up to
date Adaptation
Protectability
•

Marketers should:
1. Choose brand elements that can be legally
protected internationally.
2. Formally register chosen brand elements with
the appropriate legal bodies.
3. Vigorously defend trademarks from
unauthorized competitive infringement.
Brand Names
• Like any brand element, brand names must
be chosen with the six general criteria of
memorability, meaningfulness, likability,
transferability, adaptability, and protectability
in mind.
Brand Naming Guidelines
• Brand awareness
– Simplicity and ease of pronunciation and spelling
– Familiarity and meaningfulness
– Differentiated, distinctive, and uniqueness
• Brand associations
– The explicit and implicit meanings consumers extract from
it are important. In particular, the brand name can
reinforce an important attribute or benefit association
that makes up its product positioning.
Brand Naming Procedures
•
•
•
•
•
•

Define objectives
Generate names
Screen initial candidates
Study candidate names
Research the final candidates
Select the final name
URLs
• URLs (uniform resource locators) specify
locations of pages on the web and are also
commonly referred to as domain names.
• A company can either sue the current owner
of the URL for copyright infringement, buy the
name from the current owner, or register all
conceivable variations of its brand as domain
names ahead of time.
Characters

• A special type of brand symbol—one that takes on
human or real-life characteristics
• Some are animated like Sri Lanka Insurance’s Bee,
Fido Dido in Seven up, Michelin Man in Michelin
tyers, Black cat in Eveready Batteries
• Others are live-action figures like Mahela & Sanga in
Emerald. Bathiya & Santhush in CocaCola, T.M.
Dilshan on Zigo Mobiles, Muttaih in Janashakthi
Insuranse.
Slogans
• Slogans are short phrases that communicate
descriptive or persuasive information about
the brand.
• Slogans are powerful branding devices
because, like brand names, they are an
extremely efficient, shorthand means to build
brand equity
Classic Slogans
•
•
•
•
•
•

Mobitel – “we care always”
Diolog – “ the futures is today”
Sri Lankan Airlines- “ you’re our world”
HNB- “ your partner in progress”
Peoples Bank- “pulsese of the people”
Nestle- “ good food:good life”
Benefits of Slogans
• They help to build brand awareness (e.g. Lux)
• Make strong links between the brand and
product category(“If You’re Not Wearing Dockers,
You’re Just Wearing Pants”)

• They can help to reinforce the brand positioning
and desired POD (Pepsi- the choice of a new
generation)
Jingles
• Jingles are musical messages written around
the brand. Typically composed by professional
songwriters, they often have enough catchy
hooks and choruses to become almost
permanently registered in the minds of
listeners—sometimes whether they want
them to or not!
• Jingles are perhaps most valuable in
enhancing brand awareness.
Packaging
• From the perspective of both the firm and
consumers, packaging must achieve a number
of objectives:
– Identify the brand
– Convey descriptive and persuasive information
– Facilitate product transportation and protection
– Assist at-home storage
– Aid product consumption
Benefits of packaging
• Assist in product recognition
• Packaging can create strong POD that
permits a higher margin (e.g. perfume).
• Packaging changes can have immediate
impact on sales
Packaging Can Influence Taste
• Our sense of taste and touch is very
suggestible, and what we see on a package
can lead us to taste what we think we are
going to taste.
Packaging Can Influence Value
• Long after we have bought a product, a
package can still lead us to believe we bought
it because it was a good value.
Packaging Can Influence
Consumption
• Studies of 48 different types of foods and
personal care products have shown that
people pour and consume between 18% and
32% more of a product as the size of the
container doubles.
Choosing brand elements

Mais conteúdo relacionado

Mais procurados

DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM
 DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM
DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEMAvinash Singh
 
Kapferer Brand identity Prism
Kapferer Brand identity PrismKapferer Brand identity Prism
Kapferer Brand identity PrismZeynep Çıkın
 
CHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTSCHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTSYIGIT ACIKAY
 
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYLEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYAvinash Singh
 
Brand extension ppt
Brand extension pptBrand extension ppt
Brand extension pptsamarpita27
 
Brand equity presentation
Brand equity presentationBrand equity presentation
Brand equity presentationutuutkarsh
 
Brands & Brand Management
Brands & Brand ManagementBrands & Brand Management
Brands & Brand ManagementYIGIT ACIKAY
 
MESSAGE DESIGN STRATEGY - Advertising Management
MESSAGE DESIGN STRATEGY - Advertising ManagementMESSAGE DESIGN STRATEGY - Advertising Management
MESSAGE DESIGN STRATEGY - Advertising ManagementRajiv Sharma
 
Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)Jawad Chaudhry
 
Brand positioning
Brand positioning Brand positioning
Brand positioning Er Gupta
 
Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Jawad Chaudhry
 
Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand managementgabbsy
 
Measuring Sources of Brand Equity -Brand Management
Measuring Sources of Brand Equity -Brand ManagementMeasuring Sources of Brand Equity -Brand Management
Measuring Sources of Brand Equity -Brand ManagementAqib Syed
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentationvijaydh
 
Chap 2, customer based brand equity
Chap 2, customer based brand equityChap 2, customer based brand equity
Chap 2, customer based brand equityRajesh Kumar
 

Mais procurados (20)

DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM
 DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM
DEVELOPING A BRAND EQUITY MEASUREMENT AND MANAGEMENT SYSTEM
 
Kapferer Brand identity Prism
Kapferer Brand identity PrismKapferer Brand identity Prism
Kapferer Brand identity Prism
 
CHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTSCHOOSING BRAND ELEMENTS
CHOOSING BRAND ELEMENTS
 
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITYLEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
LEVERAGING SECONDARY BRAND KNOWLEDGE TO BUILD BRAND EQUITY
 
Brand extension ppt
Brand extension pptBrand extension ppt
Brand extension ppt
 
Brand equity presentation
Brand equity presentationBrand equity presentation
Brand equity presentation
 
Brand Image
Brand ImageBrand Image
Brand Image
 
Brands & Brand Management
Brands & Brand ManagementBrands & Brand Management
Brands & Brand Management
 
MESSAGE DESIGN STRATEGY - Advertising Management
MESSAGE DESIGN STRATEGY - Advertising ManagementMESSAGE DESIGN STRATEGY - Advertising Management
MESSAGE DESIGN STRATEGY - Advertising Management
 
Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
Brand identity levels
Brand identity levelsBrand identity levels
Brand identity levels
 
Brand management
Brand managementBrand management
Brand management
 
Brand Equity Ppt
Brand Equity PptBrand Equity Ppt
Brand Equity Ppt
 
Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)Chapter 1 (introduction to strategic brand management)
Chapter 1 (introduction to strategic brand management)
 
Brand positioning
Brand positioning Brand positioning
Brand positioning
 
Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)Chapter 2 (customer based brand equity)
Chapter 2 (customer based brand equity)
 
Chapter 1 brands and brand management
Chapter 1   brands and brand managementChapter 1   brands and brand management
Chapter 1 brands and brand management
 
Measuring Sources of Brand Equity -Brand Management
Measuring Sources of Brand Equity -Brand ManagementMeasuring Sources of Brand Equity -Brand Management
Measuring Sources of Brand Equity -Brand Management
 
Brand Equity Presentation
Brand Equity PresentationBrand Equity Presentation
Brand Equity Presentation
 
Chap 2, customer based brand equity
Chap 2, customer based brand equityChap 2, customer based brand equity
Chap 2, customer based brand equity
 

Destaque

Brand Elements
Brand ElementsBrand Elements
Brand Elementswizkidrx
 
Choosing Brand Elements
Choosing Brand ElementsChoosing Brand Elements
Choosing Brand Elementsguest98aa8c
 
Brand Elements
Brand ElementsBrand Elements
Brand ElementsPam C
 
Chap 4,choosing brand elements to build brand equity
Chap 4,choosing brand elements to build brand equityChap 4,choosing brand elements to build brand equity
Chap 4,choosing brand elements to build brand equityRajesh Kumar
 
presentation of brands
presentation of brandspresentation of brands
presentation of brandsSilence Speed
 

Destaque (6)

Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
Choosing Brand Elements
Choosing Brand ElementsChoosing Brand Elements
Choosing Brand Elements
 
Brand Elements
Brand ElementsBrand Elements
Brand Elements
 
Chap 4,choosing brand elements to build brand equity
Chap 4,choosing brand elements to build brand equityChap 4,choosing brand elements to build brand equity
Chap 4,choosing brand elements to build brand equity
 
presentation of brands
presentation of brandspresentation of brands
presentation of brands
 
Brand ppt
Brand pptBrand ppt
Brand ppt
 

Semelhante a Choosing brand elements

brand equity
brand equitybrand equity
brand equityomi123007
 
(4) Choosing brand elements to build brand identity.pdf
(4) Choosing brand elements to build brand identity.pdf(4) Choosing brand elements to build brand identity.pdf
(4) Choosing brand elements to build brand identity.pdfTop4Hit
 
Branding - an Introduction to basic concepts
Branding -  an Introduction to basic conceptsBranding -  an Introduction to basic concepts
Branding - an Introduction to basic conceptsDr. Suma Uppalury
 
What is Branding
What is BrandingWhat is Branding
What is BrandingSMAliKazemi
 
Introduction to the concept of" BRAND" and BRAND MANAGEMENT
Introduction to the concept of" BRAND" and BRAND MANAGEMENTIntroduction to the concept of" BRAND" and BRAND MANAGEMENT
Introduction to the concept of" BRAND" and BRAND MANAGEMENTBinoyG2
 
Principle of Marketing : Branding
Principle of Marketing : Branding Principle of Marketing : Branding
Principle of Marketing : Branding Sakinah Mohd Shukri
 
Choosing Brand Element to Build Equity
Choosing Brand Element to Build EquityChoosing Brand Element to Build Equity
Choosing Brand Element to Build EquityPranaliBawaskar
 
Brand Management Kamran Khan.pdf
Brand Management  Kamran Khan.pdfBrand Management  Kamran Khan.pdf
Brand Management Kamran Khan.pdfKamran Khan
 
Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Siddanna Balapgol
 

Semelhante a Choosing brand elements (20)

brand equity
brand equitybrand equity
brand equity
 
(4) Choosing brand elements to build brand identity.pdf
(4) Choosing brand elements to build brand identity.pdf(4) Choosing brand elements to build brand identity.pdf
(4) Choosing brand elements to build brand identity.pdf
 
Branding - an Introduction to basic concepts
Branding -  an Introduction to basic conceptsBranding -  an Introduction to basic concepts
Branding - an Introduction to basic concepts
 
Mm unit 3point1
Mm unit 3point1Mm unit 3point1
Mm unit 3point1
 
Mm unit 3point1
Mm unit 3point1Mm unit 3point1
Mm unit 3point1
 
What is Branding
What is BrandingWhat is Branding
What is Branding
 
building brand equity
building brand equitybuilding brand equity
building brand equity
 
Types of brand
Types of brandTypes of brand
Types of brand
 
Mktg sales week2_part1
Mktg sales week2_part1Mktg sales week2_part1
Mktg sales week2_part1
 
Introduction to the concept of" BRAND" and BRAND MANAGEMENT
Introduction to the concept of" BRAND" and BRAND MANAGEMENTIntroduction to the concept of" BRAND" and BRAND MANAGEMENT
Introduction to the concept of" BRAND" and BRAND MANAGEMENT
 
Keller_SBM3_04.pptx
Keller_SBM3_04.pptxKeller_SBM3_04.pptx
Keller_SBM3_04.pptx
 
Principle of Marketing : Branding
Principle of Marketing : Branding Principle of Marketing : Branding
Principle of Marketing : Branding
 
Choosing Brand Element to Build Equity
Choosing Brand Element to Build EquityChoosing Brand Element to Build Equity
Choosing Brand Element to Build Equity
 
Brand Management Kamran Khan.pdf
Brand Management  Kamran Khan.pdfBrand Management  Kamran Khan.pdf
Brand Management Kamran Khan.pdf
 
12.Brand equity 12.pptx
12.Brand equity 12.pptx12.Brand equity 12.pptx
12.Brand equity 12.pptx
 
Elements of Branding.ppt
Elements of Branding.pptElements of Branding.ppt
Elements of Branding.ppt
 
Branding
BrandingBranding
Branding
 
what is a brand
what is a brandwhat is a brand
what is a brand
 
Chapter 9
Chapter 9Chapter 9
Chapter 9
 
Brand equity-1231962670717439-3
Brand equity-1231962670717439-3Brand equity-1231962670717439-3
Brand equity-1231962670717439-3
 

Último

Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 

Último (20)

Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 

Choosing brand elements

  • 2. Choosing Brand Elements To Build Brand Equity • M.M.M. Mallawaarachchi • R.M.N. Prageeth Wijerathne
  • 3. Criteria for Choosing Brand Elements • • • • • • Memorability Meaningfulness Likability Transferability Adaptability Protectability Marketer’s offensive strategy and build brand equity Defensive role for leveraging and maintaining brand equity
  • 4. Memorability • Brand elements should inherently be memorable and attention-getting, and therefore facilitate recall or recognition.
  • 5. Meaningfulness • Brand elements may take on all kinds of meaning, with either descriptive or persuasive content. • Two particularly important criteria – General information about the nature of the product category – Specific information about particular attributes and benefits of the brand • The first dimension is an important determinant of brand awareness and salience; the second, of brand image and positioning.
  • 7. Likability • Do customers find the brand element aesthetically appealing? • Descriptive and persuasive elements reduce the burden on marketing communications to build awareness.
  • 8. Transferability • How useful is the brand element for line or category extensions? • To what extent does the brand element add to brand equity across geographic boundaries and market segments?
  • 9. Coca Cola across the world
  • 10. Adaptability • The more adaptable and flexible the brand element, the easier it is to update it to changes in consumer values and opinions. • For example, logos and characters can be given a new look or a new design to make them appear more modern and relevant.
  • 11. Google’s Up to date Adaptation
  • 12. Protectability • Marketers should: 1. Choose brand elements that can be legally protected internationally. 2. Formally register chosen brand elements with the appropriate legal bodies. 3. Vigorously defend trademarks from unauthorized competitive infringement.
  • 13. Brand Names • Like any brand element, brand names must be chosen with the six general criteria of memorability, meaningfulness, likability, transferability, adaptability, and protectability in mind.
  • 14. Brand Naming Guidelines • Brand awareness – Simplicity and ease of pronunciation and spelling – Familiarity and meaningfulness – Differentiated, distinctive, and uniqueness • Brand associations – The explicit and implicit meanings consumers extract from it are important. In particular, the brand name can reinforce an important attribute or benefit association that makes up its product positioning.
  • 15. Brand Naming Procedures • • • • • • Define objectives Generate names Screen initial candidates Study candidate names Research the final candidates Select the final name
  • 16. URLs • URLs (uniform resource locators) specify locations of pages on the web and are also commonly referred to as domain names. • A company can either sue the current owner of the URL for copyright infringement, buy the name from the current owner, or register all conceivable variations of its brand as domain names ahead of time.
  • 17. Characters • A special type of brand symbol—one that takes on human or real-life characteristics • Some are animated like Sri Lanka Insurance’s Bee, Fido Dido in Seven up, Michelin Man in Michelin tyers, Black cat in Eveready Batteries • Others are live-action figures like Mahela & Sanga in Emerald. Bathiya & Santhush in CocaCola, T.M. Dilshan on Zigo Mobiles, Muttaih in Janashakthi Insuranse.
  • 18.
  • 19.
  • 20. Slogans • Slogans are short phrases that communicate descriptive or persuasive information about the brand. • Slogans are powerful branding devices because, like brand names, they are an extremely efficient, shorthand means to build brand equity
  • 21. Classic Slogans • • • • • • Mobitel – “we care always” Diolog – “ the futures is today” Sri Lankan Airlines- “ you’re our world” HNB- “ your partner in progress” Peoples Bank- “pulsese of the people” Nestle- “ good food:good life”
  • 22. Benefits of Slogans • They help to build brand awareness (e.g. Lux) • Make strong links between the brand and product category(“If You’re Not Wearing Dockers, You’re Just Wearing Pants”) • They can help to reinforce the brand positioning and desired POD (Pepsi- the choice of a new generation)
  • 23. Jingles • Jingles are musical messages written around the brand. Typically composed by professional songwriters, they often have enough catchy hooks and choruses to become almost permanently registered in the minds of listeners—sometimes whether they want them to or not! • Jingles are perhaps most valuable in enhancing brand awareness.
  • 24. Packaging • From the perspective of both the firm and consumers, packaging must achieve a number of objectives: – Identify the brand – Convey descriptive and persuasive information – Facilitate product transportation and protection – Assist at-home storage – Aid product consumption
  • 25. Benefits of packaging • Assist in product recognition • Packaging can create strong POD that permits a higher margin (e.g. perfume). • Packaging changes can have immediate impact on sales
  • 26.
  • 27. Packaging Can Influence Taste • Our sense of taste and touch is very suggestible, and what we see on a package can lead us to taste what we think we are going to taste.
  • 28. Packaging Can Influence Value • Long after we have bought a product, a package can still lead us to believe we bought it because it was a good value.
  • 29. Packaging Can Influence Consumption • Studies of 48 different types of foods and personal care products have shown that people pour and consume between 18% and 32% more of a product as the size of the container doubles.