Bonds & Brands - IIPM

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    BONDS & BRANDS

    A way ahead for strengthening of

    Relations, Emotions & Connections.

    An overview brought to you by

    V Narayanan

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    Evolution of Branding in India

    Phase III - Human Centric BrandingMind, Heart & Spirit Branding

    Phase II - Profit Centric Branding

    Phase I - Product Centric Branding

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    Changing Contours of Branding

    Do or Die Dictums of Past

    Dominate or Die - Mantra of Yester Year

    Differentiate or DiePresent scenario

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    You Never Get a Second Chance

    to create a First Impression

    Brands & Bonds get U the first impression

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    BRAND MANAGEMENT

    What is a Brand?

    A Brand is

    An experience that people enjoyeveryday

    A Consistent Communication of a

    Credible Promise

    A way you want your customers to see you

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    BRAND MANAGEMENT

    What is a Brand?

    A source of emotional connection withthe customers

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    BRAND MANAGEMENT

    Brand &People

    Brands are like People

    Like persons Brand has a Name,

    Personality, Character & Reputation.

    Like a person you can Respect, Like & Love a Brand.

    Brand should also maintain Character & Core Beliefs

    Like a person, Brands also Mature

    . Brands should also be able to deliver under pressure.

    The brand is delivered by people, not by buildings

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    the X factor in Marketing

    What makes customer ready to pay twice the price ofthan that of similar product/service.

    It is what that makes the customer queue up for hourseven when another product is available with identicalfunctionality.

    What makes customers forgive occasional glitches inservice.

    What makes customers demand far outstrips supply

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    Availers

    Acceptors

    Adopters

    Adorers

    Brand through bonding Stages

    -

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    Brand Dynamics

    -Customer perspective

    Presence

    Relevance

    Performance

    Advantage

    Bonding Do I get connected emotionally?

    Does the brand has any advantages?

    Is the performance of brand satisfactory?

    Does the brand cater for me?

    Do I know about the brand ?

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    BRAND MANAGEMENT

    Pyramid

    Beliefs

    &

    Values

    Benefits

    Features and Attributes

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    BRAND MANAGEMENT

    You dont brand Products butBrand Promises

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    BRAND MANAGEMENTBonding thro Branding

    Engage Customers

    Experiential selling made

    Enhanced relationship building

    Emotional attachment established

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    Emotional Brand will be known

    Less for what it says &more for what it delivers

    Less for the goals you set &more for the mind set it builds

    Less by what it control &more by what it shape

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