Managing Rural Brands

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    Managing Rural Brands

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    Branding Definitions

    A Brand is: name, term, sign, symbol, design, or

    combination of these intended to identify the good or service,

    and differentiate them from those of competitors

    Brand Name: The vocalized part of the brand... Tide, Pepsi,

    Chevrolet, Disneyland

    Brand mark: The symbol, design, color, letters: Pillsbury ,

    MGM Lion, K on Kodak box

    Trademark: The part of the brand given legal protection to

    brand name or brand mark

    Copyright: Legal right to reproduce, publish and sell the

    matter and form of a literary musical or artistic work.

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    A Brand can convey 6 meanings

    Attributes

    Benefits

    Values Culture

    Personality

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    Understanding Brands : Aakers Model

    Extended

    Core

    Brand

    Essence

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    AMUL : Aakers Model

    Extended

    Available

    Food

    Brand

    Essence:

    Core

    Value

    Taste

    IndianQuality

    Pride

    Variety

    Milk

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    Physique Personality

    Self-ImageReflection

    CultureRelationship

    PICTUREOF RECIPIENT

    PICTUREOF SENDER

    The Kapferer Brand Identity Prism

    INTERNALISATIONEXTERNALISATION

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    Physique :

    Taste, QualityPersonality :

    Simple, Indian

    Self-Image :

    Proud Indian, Fun lovingReflection :

    Value Oriented

    Culture :

    Co-operative, Sharing

    Relationship :

    Sociable

    AMUL : Kapferers Prism

    AMUL

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    Reasons for Branding

    For Consumers

    Easy to identify goods or services

    Aid to move quickly through the shop andmake purchase decision

    Assure consumers that they will get

    consistent quality when they reorder

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    Reasons for Branding

    For Sellers

    Brands can be promoted

    To segment Easily recognized when displayed in a store

    Reduces price comparison

    Provide legal protection Branding can add prestige to ordinary

    commodities

    Easy to process order

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    Reasons for not Branding

    Responsibility with Brand ownership:

    Promoting the brand

    Maintain a consistent quality of output. Many firms do not brand their products

    because they are unable or unwilling to

    assume these responsibilities.

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    Challenges

    Spurious Brands

    Look-alikes

    Spell-alikesDuplicates

    Local village brands (Un organized)

    Substitutable products. Regional Brands

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    Regional Brands

    Need specific

    Unique to a particular region

    They are perceived to give value for moneyat a lower price.

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    Reasons for Success of Regional Brands

    ICT

    Better understanding of consumers

    Low overheads Relationship with channel partners

    Entrepreneurial spirit

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    Main Tasks in Managing Brands

    Brand Identity :

    Differentiation:

    Positioning the brand:

    Brand building :

    Brand rejuvenation :

    Brand proliferation:

    Monitoring the brand

    Brand Equity:

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    Identity :Brand Name for Rural

    Brand Identity :Selecting brand name and

    logo, and enhancing its visual recognition

    Tiger

    Agni

    Shakthi

    Sampoorna

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    Differentiation : Image

    Differentiation: attributes necessary to

    compete, giving it a unique image.

    Bhumiputra

    Sarpanch

    Arakku Emerald

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    Positioning the brand: Developing the right

    value proposition for the brand

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    Main Tasks in Managing Brands.....

    Brand rejuvenation : Keeping the brand live

    and active brand extensions, packaging

    innovations, repositioning.

    Brand proliferation :Adding more brands to a

    line.

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    Brand Proliferation

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    Brand Loyalty Vs Stickiness

    Rural folk are more of brand sticky than loyal.

    Reasons

    Lack of awarenessLow risk taking

    Customer value hierarchy

    Early mover will have an advantage.

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    Main Tasks in Managing Brands.....

    Monitoring the brand portfolio through various

    stages of life cycle.

    Understand the Brand Equity and build the

    equity of brands.

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    What is Brand Equity?

    Brand Equity

    Brand

    Loyalty

    Name

    Awareness

    Perceived

    Quality Brand

    Associations

    Other

    Proprietary

    Brand Assets

    Provides Value to Customer* Interpretation of Info.* Confidence in Decision

    * Use Satisfaction

    Provides Value to Firm* Efficient/Effective Mkt.* Brand Loyalty

    * Brand Extensions

    * Trade Leverage

    * Competitive Advantage

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    SelectingLogo

    Use logo for visual identification

    Logo enhances the recognition by symbol

    Flags, pictures, graphic designs, or plainalphabets can be used as logo.

    Over a time logo and name become

    inseparable.

    Though a logo is relatively permanent entity

    for a company, sometimes changes are

    warrented.

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    SelectingLogo

    Dog - HMV

    Maharaja Air India

    Penguin Kelvinator Devil Onida

    What is the product? Who is the customer?

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    The logo colors signify:

    Red Square= Leadership, passion

    White Swirl = Purity of purpose, invigorating

    properties of coffee

    Green Stroke = 125 years of coffee growing heritage

    of this vertically integrated Group

    The font used for Caf is called SLURRY. The fontlooks as though the letters have

    congealed(coagulated) out of a liquid