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Planning SOSTAC Situation Assessment / Analysis
Objectives – Goals Aims Strategy – overall plan Tactics – Actions proposed to deliver Strategy and to achieve goals Control measuring performance
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Planning Exercise How do you cross a river successfully with a sack of corn? A fox and A Chicken. Limitation only one small boat enough for you and either the sack of corn or the chicken and the fox. What is your plan in the context of SOSTAC?
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Peter Rumble Chartered Marketer
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Peter Rumble Chartered Marketer
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New Product Development
Where do products come from? Think of some new products Why is there a need for new products?
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Branding What is a brand? Family Brand Solus Brand
Manufacturer’s Brand House Label And Mixture
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What are the options for NPD for the following?
Car Manufacturer Biscuit manufacturer Magazine company Plane manufacturer
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Communicating to the Consumer.
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Task 2 Branding Choices…
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Branding What is a brand? Shorthand for a collection of values
An asset = Focal point Benchmark Cultural symbol
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Branding ‘The brand is the aura of beliefs and expectations about a product/service which make it relevant and distinctive It stretches beyond the physical and into the psychological and is extremely powerful’
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Brand as a rallying point
Aeroports de Paris ADP Poor reputation 7 S’s not working Change to Paris Aeroports. AP In fact the brand change is a re launch
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Why Brand? For differentiation & recognition
To add value to a naked commodity Easier to promote Helps market segmentation Can help boost share price Easier to integrate Sales promotion, personal selling & packaging Can help corporate image
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Types of Brands Individual brand Proctor & Gamble Unilever
Umbrella or blanket brand Heinz Dyson Separate family names for different product divisions Eskimo Igloo Company name Airbus
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Brand and Added Value Core products A smartphone Actual product Oppo 9
Augmented product Oppo 9S It is often the brand that is bought and not the product
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Branding Strategies Line extensions Brand extensions stretching
Multi-brands New brands Co-brands
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The Biggest Brands in the World
Value $ billion Coca Cola Microsoft IBM Apple Samsung Google
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