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MANAGING PRODUCTS, SERVICES, AND BRANDS CHAPTER

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Presentation on theme: "MANAGING PRODUCTS, SERVICES, AND BRANDS CHAPTER"— Presentation transcript:

1 MANAGING PRODUCTS, SERVICES, AND BRANDS CHAPTER
Slide 11-2

2 THE PRODUCT LIFE CYCLE Product Life Cycle Introduction Stage
Primary Demand Selective Demand Slide 11-11

3 How stages of the product life cycle relate to a firm’s marketing objectives and marketing mix actions Slide 11-12

4 Which stage of the PLC? How do you know? Product development Introduction Growth Maturity Decline

5 Which stage of the PLC? How do you know? Product development Introduction Growth Maturity Decline

6 Alternative product life cycles
Slide 11-21

7 Some Dimensions of the Product Life Cycle
Length of the Product Life Cycle Shape of the Product Life Cycle Slide 11-19

8 BRANDING AND BRAND MANAGEMENT
LINE EXTENSION PRODUCT EXTENSION Slide 11-35

9 Breathe Right® Nasal Strips Product Line
Slide 11-61

10 BRANDING AND BRAND MANAGEMENT
Brand Personality Brand Equity Slide 11-35

11 Alternative branding strategies
Slide 11-41

12 Product Life Cycle The product life cycle describes the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline. Slide 11-78

13 Branding Branding is a marketing decision, in which an organization uses a name, phrase, design, symbol, or combination of these to identify its products and distinguish them from those of competitors. Slide 11-79

14 Brand Personality A brand personality is a set of human characteristics associated with a brand name. Slide 11-81

15 Brand Equity Brand equity is the added value a given brand name gives to a product beyond the functional benefits provided. Slide 11-82


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