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Branding & Brand Management
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What is a Brand? BRAND A name, term, sign, symbol, or design (or some combination thereof) used to identify the products of one firm and to differentiate them from competitive offerings
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It’s who you are...and what you stand for.
What is a Brand? It’s who you are...and what you stand for.
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Is it that Simple? Absolutely NOT!
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Why? Because...A Strong Brand is the Heart and “Sole/Soul” of a Organization! It Calls For Some Important Decision Making….
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The Most Important Element!
An Individual and Corporate Branding Attitude
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LET US BEGIN WITH… Establishing a set of Brand policies
Identifying Brand promise Implement measurement of Brand equity Ensure ability to articulate Brand promise
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Critical success factors.
Strength of identity ( media Budget ) Effective use of imagery( Brand Personality, ambassador, Events ,Advt., retail enviourment Etc.) Enhancement of the Brand slogan
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Critical success factors.
Top Management’s leadership A distinctive corporate/organization culture ( Brand Flow Chart ) Support of employees ( Brand Execution team ) Alignment of Brand messages ( consultant, Advertising agencies, vendors )
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THINGS TO BE ACHIVED IN NEXT 24 MONTHS
Establish Brand identity standards Develop a Brand management strategy Implement a formal process of management Align Brand strategy with business strategy
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Brand building Brand Awareness…. Media activity.
Brand Association…. Specially designed programs on TV, Association with Selected events, Brand Preference/Loyalty… Advt. Campaigns, various CRP ( customer relationship programs. ) Brand Essence… Brand Touch Points Brand Commitment….Brand Culture
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Functional Activity check points
Advertising Public Relations Media Relations Web Site/Videos Booth/Convention Presentations Promotional Materials Answering the Phone Reception People Community Relations and Employee Involvement Business Associations Speeches, etc.
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What will a strong Brand do for us?
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“It creates VALUE for the Product
“It creates VALUE for the Product. It allows to sell it with the premium. It CREATES that relationship with the customers.
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A Wholistic Approach to Branding
“Who you are and what you stand for.”
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Thanks
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