Choosingbrandelements 100116111359 Phpapp01

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CHOOSING BRAND ELEMENTS BY RAKU BORDEORI MBA IIyr (08-10) DEPARTMENT OF MANAGEMENT STUDIES PONDICHERRY UNIVERSITY

Transcript of Choosingbrandelements 100116111359 Phpapp01

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CHOOSING BRAND ELEMENTS

BYRAKU BORDEORIMBA IIyr (08-10)

DEPARTMENT OF MANAGEMENT STUDIESPONDICHERRY UNIVERSITY

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Brand Elements

• Brand elements are those trademarkable devices that identify and differentiate the brand.

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BRAND ELEMENTS CHOICE CRITERIA

• There are six main criteria for choosing brand elements.

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The first three-

• Memorable• Meaningful• Likable- are

“brand building”

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The latter three-• Transferable• Adaptable• Protectable- “defensive” and deal with how to leverage and

preserve the equity in a brand element in the face of opportunities and constraints.

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MEMORABLE

• How easily is the brand element recalled and recognized.

Short brand names.

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MEANINGFUL• Is the brand

element credible and suggestive of the corresponding category.

Inherent meaning.

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LIKABLE• How aesthetically

appealing is the brand element.

Concrete brand names.

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TRANSFERABLE • Can the brand element be used to

introduce new products in the same or different categories.

Brand equity across geographic boundaries and market segments.

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ADAPTABLE• How adpatable and updatable

is the brand element. Changed to synchronize with

the changing consumer perceptions and preferences.

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PROTECTIBLE• How legally protectible is the

brand element. How competively protectible.

Names that become synonymous with product categories.

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REFERENCES

• Marketing Management, Thirteen edition, A South Asian Perspective. Philip Kotler, Kevin lane Keller, Abraham Koshy, Mithileshwar Jha.

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• LOOKING FORWARD FOR YOUR INPUTS OR COMMENTS.

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