Top Banner
BRAND REINFORCEMENT Brand offers differentiation Brand is an enduring asset, needs to be carefully managed Brand leaders have stood the test of time Tata Nano Pre-Orders reach 51k in four days REPORT: Tata Motors has 5,00,000 application
8

brand reinforcement

Oct 31, 2014

Download

Documents

Jai Kumar

brand reinforcement and revitalisation examples
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: brand reinforcement

BRAND REINFORCEMENT Brand offers differentiation

Brand is an enduring asset, needs to be carefully managed

Brand leaders have stood the test of time

Tata Nano Pre-Orders reach 51k in four days

REPORT: Tata Motors has 5,00,000 application

Page 2: brand reinforcement

Brand equity reinforced by marketing actions• WHAT: Products, core benefits and needs• HOW : Superior products, strong and favourable

brand associations

“MILD, GENTLE AND CARING”

Page 3: brand reinforcement

FAILED TO CAPITALISE Reinforcing brand equity requires innovation and

relevance throughout the marketing program.

Some of the brands which did not move forward:• Pears• Kodak• Oldsmobile• Kmart

Page 4: brand reinforcement

DOWNSLIDE OF “PEARS” One of the longest-running brands in marketing

history Intensive advertising by Thomas J Barratt (father of

modern advertising) An idea that was effective a generation ago would

fall flat, stale,and unprofitable if presented to the public today

In pursuit of our ideal of cleanliness, the soap bar has been deemed unhygienic

Pears share fell – 3 percent. Unilever discontinued pears and dove became flagship product

Page 5: brand reinforcement

BRAND REVITALISATION• Changes affect fortunes of brands• Impressive comebacks have been

made

Page 6: brand reinforcement

HARLEY DAVIDSON Twice escaped bankruptcy Sales depressed by product quality

problems Licensed its names for ill adviced ventures

(cigrates, wine coolers) Today market leaders

Page 7: brand reinforcement

• Strong brand community (HOG)• Cost• Customisation (CVO)• After Sales Support• Range • Core value: Retro look, Classic V twin engine sound• Harley promotion, especially in movies

So what made Harley come back?????

Page 8: brand reinforcement