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Module – 7 Building Brands & Global Markets

Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

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Page 1: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Module – 7

Building Brands&

Global Markets

Page 2: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

ResourcePerson

MATHISHA HEWAVITHARANA

MBA (Col),BBA Sp.Mktng (Col), PPG DIP.In Mktng (UK), MCIM (UK), Chartered

Marketer (UK), Practicing Marketer (SL),ACMA, CGMA CIMA (UK), DBF (IBSL),

AIB (IBSL), MSLIM(SL),

Head of Marketing - Siyapatha FinancePLC

Page 3: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

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Chapter Contents

Role of Brands Brand Building Measuring & Managing Brand Equity Branding Strategy Global Marketing Global Marketing Strategies

Page 4: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

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What Is Brand Equity?

Brand equity is the added value endowedon products and services, which may be

reflected in the way consumers, think, feel,and act with respect to the brand.

Page 5: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

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Brand Dynamics Pyramid

Source: Brand Dynamics™ Pyramid. Reprinted with permission of Millward Brown.

Page 6: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

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Brand Element Choice Criteria

Memorable

Meaningful

Likeable

Transferable

Adaptable

Protectable

Page 7: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

1-7

Measuring Brand Equity

Brand audits

Brand tracking

Brand valuation

Brand awareness and Brand preference are themost two important parameters. Issues of valuingbrands emerge with the financial accountingstandards and guidelines.

Page 8: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

Copyright © 2013 Dorling Kindersley (India) Pvt Ltd. Authorized adaptation fromthe United States edition of Marketing Management, 14e.

1-8

Measuring Brand Equity

Brand of the organization can be considered as an asset, a kind of a

goodwill, but is highly subjective and can be varied overnight. following are

the ways of estimating the brand value.

i. Different between the market value of the business and the net assets

ii. Present value of the revenue that can be generated from a brand

iii. The value of expenditure borne by the organization including research

and development.

iv. Present value of expenditure forecasted for maintaining the brand

Page 9: Module – 7 Building Brands Global Marketsbms.lk/download/GDM_Tutorials/batch-32/MM/week 01/Branding (2).pdf · the United States edition of Marketing Management, 14e. 1-8 Measuring

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