Branding What makes an effective brand? Explain brand values, touch points, & brand promise. Discuss branding online.
Brands More than a name or logo Impressions & experiences Words, letters, numbers Brand symbols or logos – cannot be spoken
Characteristics of a Good Brand Name: Short & memorable Product features & benefits May give the brand meaning Some use trade characters
Brand Images & Values Values – connects to emotions Example: Purina’s Beneful BrandPurina’s Beneful Brand
Brand “Touch Points” Buying a good/service Calling customer service Receiving a bill Returning merchandise
Brand Promise Results in customer loyalty Various levels of loyalty Brand recognition Brand preference Brand insisetnce
E-Commerce: Branding on the Internet More difficult to build a new brand online Online good for an already established brand “Brand” is required online