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Managing Brands



                   By
              Khadija Yassi
             Shuena Mohamed
            Pashtana Bayangar
               Jake Medina
               Hugo Davis
What is a Brand
• “A successful brand is an identifiable
  product, service, person or place
  augmented in such a way that the buyer
  or user perceives relevant, unique added
  values which match their needs more
  closely. Furthermore, its success derives
  from being able to sustain these added
  values in the face of competition” (de
  Chernatony and McDonald, 2003)
What is a Brand
   • A brand is usually just seen as the
     name, symbol or logo i.e. Brand
     image.
   • When creating a brand the task is
     to make sure the brand is
     powerful.
   • The brand should show what the
     company stands for and should
     deliver promises to its customer.
   • Brands must be recognizable and
     offer something different to their
     rivals in terms of products,
     services and value for money.
Brand Identity
Launched in 1886

Originally aimed as a health drink
Brand Identity
History of Coca Cola
Constructed Source
                                            The Real Thing
                                           To refresh the world
      Physical Facet          “To inspire moments of optimism and happiness”
                                “To create value and make a difference”                  Personality
                                                                                   What happens to this brand
                                                                                   when it becomes a person?




       Relationship                                                                   Culture (values)
  What do customers get out
          of Coke
                                                                                   Utopian Nationalism
   Social Interactions                                                         Deep Down We are all the same
                                                                                      Pop Culture
                                                                                     USA Culture

   Reflected Consumer                                                              Consumer Mentalisation
What do consumers believe
  the brand stands for?
                                                                                     Refreshing Drink
                                                                                     Consistent Product
   Cool and Relevant                Constructed Receiver                             Winning Culture
No.1 Carbonated Drink Producer
No.2 Sports Drink Producer
No.3 Bottled Water Producer

Started Globalizing in the 1890s, first branching out to Cuba and
Canada

Overseas sales = 2/3 of Coca cola's revenue, 3/4 of operating
income

Manufacturing & Bottling

20 plants overseas manufacture beverages
300 bottling subsidiaries
Source Coca Cola
Customer Involvement
Unique Added Value
Jones (1986) Added value formed the most important part of a brand's definition. The
              primary basis for distinguishing a brand from a product.

"adding things that the customer never thought about".
 
"benchmarking against competitors"
 
"a multidimensional construct which includes functional and emotional benefits...
relative to the competition"

“A brand can be an intangible asset, used by analysts to rationalize the difference
between a company's "book value" and
market value.” ibrand 2011
Maintaining Image
               Consistency
A strong identity is not made over night

Coca Cola have maintained their core values

Coke been around for 100 years and is one of
the most recognisable brands today.

The Logo has stayed the same constant
throughout the years.

New coke was introduced in 1985. Till this
very day that is seen as one of the biggest
marketing failures of all time. Why were the
people of coke mad?
Brand Equity Concept

Brand equity is the value of the brand in the marketplace.

Value can be added through Customer Loyalty and retention

A strong brand equity helps a brand to branch out with sub brands
Competition
Packaging and Identity is more important than the ingredient
inside the can.
Thank you




We hope you enjoyed our presentation

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Managing brands (1) online test

  • 1. Managing Brands By Khadija Yassi Shuena Mohamed Pashtana Bayangar Jake Medina Hugo Davis
  • 2. What is a Brand • “A successful brand is an identifiable product, service, person or place augmented in such a way that the buyer or user perceives relevant, unique added values which match their needs more closely. Furthermore, its success derives from being able to sustain these added values in the face of competition” (de Chernatony and McDonald, 2003)
  • 3. What is a Brand • A brand is usually just seen as the name, symbol or logo i.e. Brand image. • When creating a brand the task is to make sure the brand is powerful. • The brand should show what the company stands for and should deliver promises to its customer. • Brands must be recognizable and offer something different to their rivals in terms of products, services and value for money.
  • 4. Brand Identity Launched in 1886 Originally aimed as a health drink
  • 6. Constructed Source The Real Thing To refresh the world Physical Facet “To inspire moments of optimism and happiness” “To create value and make a difference” Personality What happens to this brand when it becomes a person? Relationship Culture (values) What do customers get out of Coke Utopian Nationalism Social Interactions Deep Down We are all the same Pop Culture USA Culture Reflected Consumer Consumer Mentalisation What do consumers believe the brand stands for? Refreshing Drink Consistent Product Cool and Relevant Constructed Receiver Winning Culture
  • 7. No.1 Carbonated Drink Producer No.2 Sports Drink Producer No.3 Bottled Water Producer Started Globalizing in the 1890s, first branching out to Cuba and Canada Overseas sales = 2/3 of Coca cola's revenue, 3/4 of operating income Manufacturing & Bottling 20 plants overseas manufacture beverages 300 bottling subsidiaries Source Coca Cola
  • 9. Unique Added Value Jones (1986) Added value formed the most important part of a brand's definition. The primary basis for distinguishing a brand from a product. "adding things that the customer never thought about".   "benchmarking against competitors"   "a multidimensional construct which includes functional and emotional benefits... relative to the competition" “A brand can be an intangible asset, used by analysts to rationalize the difference between a company's "book value" and market value.” ibrand 2011
  • 10. Maintaining Image Consistency A strong identity is not made over night Coca Cola have maintained their core values Coke been around for 100 years and is one of the most recognisable brands today. The Logo has stayed the same constant throughout the years. New coke was introduced in 1985. Till this very day that is seen as one of the biggest marketing failures of all time. Why were the people of coke mad?
  • 11. Brand Equity Concept Brand equity is the value of the brand in the marketplace. Value can be added through Customer Loyalty and retention A strong brand equity helps a brand to branch out with sub brands
  • 12. Competition Packaging and Identity is more important than the ingredient inside the can.
  • 13. Thank you We hope you enjoyed our presentation