Presentation Debojyoti
Presentation Debojyoti
Presentation Debojyoti
Presentation
Designing a branding strategy, Brand extension, Brand Equity,
advantages and disadvantages of brand extension, Reinforcing and
revitalizing brands
PRESENTED BY:
Brand Positioning:
Nike leads in sportswear, offering
high-performance gear to help
people reach their full potential.
Brand Values:
IPerformance, innovation, and
inclusivity. They promote equality in
sports and culture.
Branding Strategy
"Just Do It" motivates people to push
limits. Campaigns feature athletes
overcoming challenges.
Brand Experience:
Premium stores and personalized
apps create a full customer
experience. Packaging is sleek and
eco-friendly.
Brand Extension
Brand extension or brand stretching is a marketing
strategy in which a firm marketing a product with a
well-developed image uses the same brand name in
a different product category.
Harley-Davidson –
Amazon – Harley-Davidson
Amazon Web Nike – Nike Clothing &
Services (AWS): Performance Apparel: Accessories:
Example:
A real-life example of brand equity is Nike. Through high-quality products, iconic
marketing (like "Just Do It"), and endorsements from athletes like Michael Jordan, Nike
has built strong customer loyalty and positive associations. This allows Nike to charge
premium prices, maintain market leadership, and sustain consumer trust. Nike’s brand
equity drives its ability to outperform competitors and retain a devoted customer base.
Advantages of Brand Extension
Extending the brand name too far may lead to a loss of reliability, especially if the
brand extension happens in an unrelated market. Thus, companies have to know
which product categories will work and where they can actually use the brand name.
If the new product is not that great, it may spell trouble for the core brand’s image.
Just because the core brand will lend its brand awareness to the new product, it
doesn’t mean companies don’t have to invest at all. In fact, if they don’t, all their effort
may even have the opposite effect.
If the competition in the new category is just better than the brand extension or has
an edge over it, then it’s highly unlikely that the extension will be a success.
Reinforcing Brand