3.04 – Forms of Branding.

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Presentation transcript:

3.04 – Forms of Branding

Using construction paper Create a paper with 12 squares (2”) Brand Name Trade Name Brand Mark Trade Characters Trademarks Brand Loyalty Manufacturing (National) Brand Private Brand Family Brand Individual Brand Generic Items Brand Recognition Brand Preference Brand Insistence Brand Extension Brand Licensing Co-Branding Brand Positioning

(Product) Brand A Product brand is a design, name, symbol, term or word that distinguishes and identifies a company and/or products or services Examples: Big Mac & Coke Zero

Brand Name A brand name are the parts of the brand that can be spoken Letters (PT Cruiser), Words (Barbie), & Numbers (WD-40) The brand name can be the product name

Trade Name The Trade Name is a Corporate Brand that identifies & promotes the company Examples: Kellogg’s, General Mills, Nike

Brand Mark The Brand Mark are the elements of a brand that cannot be spoken Examples:

Trade Character A Trade Character is a specific type of brand mark, one with human characteristics. Example:

Manufacturer’s Brand A Manufacturer's Brand is a National Brand; this is a brand in which the manufacturer has assumed all the responsibility of branding & makes all decisions regarding the use of the product

Private Brand A Private Brand is A brand owned by an intermediary. Most commonly called a Store Brand.

Family Brand A Family Brand occurs when a brand uses the same brand for related products in a product line.

Individual Brand An Individual Brand involves using different brands for products owned by one company. The company chooses not to list its Trade Name on the Product.

Generic Item(s) A Generic Item are unbranded products that are plainly packaged, have lower or standard quality, are sold at lower prices than branded products, and receive little or no promotion.

Characteristics of a good brand name. The name should: Describe the product’s benefits and uses Be easy to read, pronounce, and remember Create appealing images Be distinctive Be adaptable Be legally available for use Be appropriate for packaging and advertising

Brand Loyalty is a customers allegiance to a particular brand.

Brand Recognition Brand Recognition centers around the awareness a customer has for a brand. Customer will have a certain level of understanding regarding the company they view.

Brand Preference A Brand Preference occurs when a consumer has a preferred brand over other brands based on their positive experience with the brand.

Brand Insistence A Brand Insistence occurs when a consumer will not accept an alternative brand. No substitute brand will work. It is rare for a brand to reach this level but Apple & Coke are two brands that some consumers possess brand insistence for.

Trademark A Trademark is a legal method for protecting brands from misuse externally. Represented by the ® registration mark, TM trademark ™, or SM service mark

Brand Position A Brand Position is how a consumer views a brand in comparison to other competitive brands. Companies try to standout from one another by utilizing “Points of Difference”

Brand Extension Brand Extension is when a company uses their brand name to create a new product line. Example: Jell-O goes from just selling jell-O to selling ice cream pops and mousse.

Brand Licensing Brand Licensing allows one company to use another’s brand name, logo, or character for a fee. Example: Nike is a licensed dealer of the NFL.

Co-Branding Co-Branding occurs when companies join forces to increase recognition, customer loyalty, & sales for both brands. Example: Mrs. Smith’s & Cinnabon