Managing Rural Brands
-
Upload
swarna-roy -
Category
Documents
-
view
225 -
download
0
Transcript of Managing Rural Brands
-
8/7/2019 Managing Rural Brands
1/29
Managing Rural Brands
-
8/7/2019 Managing Rural Brands
2/29
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.
-
8/7/2019 Managing Rural Brands
3/29
A Brand can convey 6 meanings
Attributes
Benefits
Values Culture
Personality
-
8/7/2019 Managing Rural Brands
4/29
Understanding Brands : Aakers Model
Extended
Core
Brand
Essence
-
8/7/2019 Managing Rural Brands
5/29
AMUL : Aakers Model
Extended
Available
Food
Brand
Essence:
Core
Value
Taste
IndianQuality
Pride
Variety
Milk
-
8/7/2019 Managing Rural Brands
6/29
Physique Personality
Self-ImageReflection
CultureRelationship
PICTUREOF RECIPIENT
PICTUREOF SENDER
The Kapferer Brand Identity Prism
INTERNALISATIONEXTERNALISATION
-
8/7/2019 Managing Rural Brands
7/29
Physique :
Taste, QualityPersonality :
Simple, Indian
Self-Image :
Proud Indian, Fun lovingReflection :
Value Oriented
Culture :
Co-operative, Sharing
Relationship :
Sociable
AMUL : Kapferers Prism
AMUL
-
8/7/2019 Managing Rural Brands
8/29
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
-
8/7/2019 Managing Rural Brands
9/29
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
-
8/7/2019 Managing Rural Brands
10/29
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.
-
8/7/2019 Managing Rural Brands
11/29
Challenges
Spurious Brands
Look-alikes
Spell-alikesDuplicates
Local village brands (Un organized)
Substitutable products. Regional Brands
-
8/7/2019 Managing Rural Brands
12/29
Regional Brands
Need specific
Unique to a particular region
They are perceived to give value for moneyat a lower price.
-
8/7/2019 Managing Rural Brands
13/29
Reasons for Success of Regional Brands
ICT
Better understanding of consumers
Low overheads Relationship with channel partners
Entrepreneurial spirit
-
8/7/2019 Managing Rural Brands
14/29
Main Tasks in Managing Brands
Brand Identity :
Differentiation:
Positioning the brand:
Brand building :
Brand rejuvenation :
Brand proliferation:
Monitoring the brand
Brand Equity:
-
8/7/2019 Managing Rural Brands
15/29
Identity :Brand Name for Rural
Brand Identity :Selecting brand name and
logo, and enhancing its visual recognition
Tiger
Agni
Shakthi
Sampoorna
-
8/7/2019 Managing Rural Brands
16/29
Differentiation : Image
Differentiation: attributes necessary to
compete, giving it a unique image.
Bhumiputra
Sarpanch
Arakku Emerald
-
8/7/2019 Managing Rural Brands
17/29
Positioning the brand: Developing the right
value proposition for the brand
-
8/7/2019 Managing Rural Brands
18/29
-
8/7/2019 Managing Rural Brands
19/29
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.
-
8/7/2019 Managing Rural Brands
20/29
Brand Proliferation
-
8/7/2019 Managing Rural Brands
21/29
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.
-
8/7/2019 Managing Rural Brands
22/29
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.
-
8/7/2019 Managing Rural Brands
23/29
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
-
8/7/2019 Managing Rural Brands
24/29
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.
-
8/7/2019 Managing Rural Brands
25/29
-
8/7/2019 Managing Rural Brands
26/29
SelectingLogo
Dog - HMV
Maharaja Air India
Penguin Kelvinator Devil Onida
What is the product? Who is the customer?
-
8/7/2019 Managing Rural Brands
27/29
-
8/7/2019 Managing Rural Brands
28/29
-
8/7/2019 Managing Rural Brands
29/29
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