Role of Marketing Sell what a business makes Manage a business’s brand Research Development Sales Distribution Advertising Promotion
Without Marketing… The Importance of Marketing… Consumers wouldn’t know what goods and services are available and not much would be sold. Producers use marketing to sell products to stores Stores use it to sell to consumers Service businesses use it to let people know where they are and what they offer Politicians use it to spread their ideas
The image businesses spend hundreds of thousands of dollars to create 3 things are part of the image: ◦ Brand name ◦ Logo/trademark ◦ Slogan
A word or words that a business uses to distinguish its products from competitors’ products. This is how a company is identified. ◦ McDonalds ◦ Apple ◦ Samsung ◦ Ford ◦ Roots ◦ Nike
Some brand names have replaced product names ◦ Kleenex has replaced Tissue ◦ Other examples???
Would you ever consider tattooing a brand to receive any type of discount? Why or why not? Evaluate the marketing strategy of businesses offering these services – what is their goal? How does this benefit their company? Should businesses be allowed to pitch such ideas/create advertisements for these services? Why or why not? Explain.
The special symbol that is associated with a product. Helps the product compete for consumer awareness.
Monogram – company’s initials or combination of initials and numbers
Visual symbols – Line drawings of people, animals, or things. Directly associated with the brand.
Abstract symbol – Shapes that carry a visual message but do not represent actual things.
A short catchphrase that is attached to the company name and logo Usually 7 words or less
Colours do not tend to change once they have been established with a brand and logo This is so consumers become familiar with the brand and can identify the product
1. Find 10 brand logos online. Copy and paste into MS Word. Identify whether the logo is a monogram, visual, or abstract and what you like about each. Some logos will fit into more than 1 category. 2. Create your own brand for your initials. Include and explain how you used the 3 components of branding ( brand name, logo, slogan ). Create a slogan for 2 causes from the following list. You can also come up with your own topic. ◦ Drinking and Driving ◦ Smoking ◦ Discrimination ◦ Texting while driving ◦ Bullying ◦ Speeding
CriteriaExceedsMeetsApproachingNeeds more effort ContentHas successfully completed 3 assignments with detail and thought. Has completed 3 assignments. Detail could be improved in 2- 3 areas. Has completed 2 assignments. Details are brief. Has completed fewer than 2 assignments. All assignments attempted but incomplete. EffortHas put forth an excellent effort which is demonstrated in quality of assignment and use of class time. Has put in a good amount of effort. Quality of assignment could be improved in 1- 2 areas. Mostly uses class time well. More effort could be made. Needs improvement in 3-5 areas. Could make better use of class time. More effort needed. Must make better use of class time. Consistently off task.