Presented By: Abhinav K Yadav
Presented By: Abhinav K Yadav
Presented By: Abhinav K Yadav
BRANDING??????
Meaning
• Branding is the process of creating an image in
someone’s mind.
• Branding involves both tangible and intangible
characteristics of products and services that
make it unique.
• Products/services that are branded are often
chosen over similar products because they
somehow have a perceived value of being
better.
WHAT CAN BE BRANDED?
Physical goods
Services
People
Organization
Retail Stores
Places
Online products and services
Entertainment
Ideas
Physical Goods
• Branding of physical goods is the most
common form of branding and includes a wide
variety of products.
Consumer products:
Coca-Cola, Sony, Mercedes-Benz, Sunrise, Kissan
Business to business products:
Involves overall branding of a company by
creating a positive image and reputation
Services
• One of the challenges in marketing services is
that relative to products, they are more
intangible and more likely to vary in quality
depending on the people involved in providing
the service.
• So branding is very important for service firms
to address potential intangibility and
variability problems.
• Examples of service brands:
American Express, Taj Hotels, Kingfisher
Airlines, Airtel, Federal Express, SBI
• Examples of service brands:
American Express, Taj Hotels, Kingfisher
Airlines, Airtel, Federal Express, SBI
Retail Stores
• Why do retail stores need branding?
It can generate consumer interest, patronage and
loyalty
Consumers learn to expect certain brands and
products from a store
It helps in positioning of the store
It permits higher price margins, increased sales
volume and greater profits
• For branding, retailers also use private labels
to increase customer loyalty and generate
higher margins and profits.
• Example:
‘More’ and ‘Big Bazaar’ have their own private
labels
People
• Brand extend beyond products and services.
• Even people can be viewed as brands
• Usually public figures such as politicians,
entertainers and professional athletes can be
branded.
• Anyone trying to build a career can be thought
of as trying to create his/her own brand.
• Examples:
Shahnaz Husain, Ritu Kumar, Sachin Tendulkar
Organisation