Brand
Brand
Brand
Product to Brand
Memorable
Pronounciable
Unique
Creative
Interesting
Relevant
Approaches
Family Name
Associations
Words with powerful meaning
Blendedness
Fascinating stories
Place of origin
Coined word
Stages in Brand Development:
Multi-dimensional – Product/Market/Industry
Evolves over time
New Category – Stronger
May be spoiled by brand extension
Benefit
Single/Relevant/Sustainable/Believable
Brand Architecture
Brand Equity
Definition: The value a brand adds to a product based on consumer perception.
It's a measure of how much a brand is worth, and how much customers are willing to
pay for its products.
Key Drivers:
Brand Awareness: How well-known the brand is in the market.
Perceived Quality: How consumers perceive the product’s quality.
Brand Associations: What comes to mind when consumers think of the brand.
Brand Loyalty: The likelihood of repeat purchases.
Measuring Brand Equity:
Customer-Based Brand Equity (CBBE): Measured through consumer behavior, preference, and
sentiment.
Financial-Based Brand Equity: Assessed through financial metrics like premium pricing, market
share, and brand valuation.
APPLE VS SAMSUNG
Brand Loyalty