Top Banner
Branding and Intellectual Property NOVEMBER 11, 2014 © 2014, All Rights Reserved Presenter: Dr. Wendy Hollingsworth CONCEPTUALISATION SM INC.
24

Session 4 - Branding and Intellectual Property Rights

Apr 06, 2016

Download

Documents

The Counterweight to Volume by Dr. Wendy Hollingsworth
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: Session 4 - Branding and Intellectual Property Rights

Branding and Intellectual

Property

NOVEMBER 11, 2014

© 2014, All Rights Reserved

Presenter: Dr. Wendy Hollingsworth

CONCEPTUALISATION SM INC.

Page 2: Session 4 - Branding and Intellectual Property Rights

The counterweight to volume

NOVEMBER 11, 2014

© 2014, All Rights Reserved

Presenter: Dr. Wendy Hollingsworth

CONCEPTUALISATION SM INC.

Page 3: Session 4 - Branding and Intellectual Property Rights

• IP and Branding - Overview.

• Building Brands – key considerations .

• Role of IPRs – protection Stratgeies.

• Case Examples.

OVERVIEW

Page 4: Session 4 - Branding and Intellectual Property Rights

Intellectual Property and Branding

• IP and branding systems are

essential for developing a successful

differentiated product on the market

• Essential complement to business

and product development strategies

Page 5: Session 4 - Branding and Intellectual Property Rights

Intellectual Property and Branding

• A branding strategy based on IPRs

such as trademarks (including

certification marks and a collective

marks) geographical indications

• In addition to sustainability labels

such as and a fair trade label

Page 6: Session 4 - Branding and Intellectual Property Rights

Intellectual Property and Branding

• Or a combination of these can add

value to a product and has the

potential to generate superior

financial returns

Page 7: Session 4 - Branding and Intellectual Property Rights

Intellectual Property and Branding

• Helps to build consumer recognition

and loyalty

• Used to enhance the market position

of products or services

• Consumer perception is critical

Page 8: Session 4 - Branding and Intellectual Property Rights

Brands:

• Elusive reputational assets

• Influence customer/consumer

choices

• Define the consumer experience

• Create emotional connections and

‘connects’ consumers with the brand

Building Brands

Intellectual Property and Branding

Page 9: Session 4 - Branding and Intellectual Property Rights

Brands:

• Must convey trust

• Be accessible

• Be consistent

• Be responsive

• Convey commitment and affinity

Building Brands

Intellectual Property and Branding

Page 10: Session 4 - Branding and Intellectual Property Rights

Brand Equity

• Reputational value

• Image value

• Consumers and customers must

‘buy into’ these values

Building Brands

Intellectual Property and Branding

Page 11: Session 4 - Branding and Intellectual Property Rights

Brands can be protected by:

Trademarks

• Legal concept which serves to

distinguish goods and services in the

market place

• Useful communication tool –

communicates to the consumer a core

set of attributes associated with the

product/service and the company

Role of Intellectual Property

Rights

Intellectual Property and Branding

Page 12: Session 4 - Branding and Intellectual Property Rights

Brands can be protected by:

• Certification marks

• Collective marks

• Geographical Indications

Role of Intellectual Property

Rights

Intellectual Property and Branding

Page 13: Session 4 - Branding and Intellectual Property Rights

• Branded Barbados Sugar

• Jamaica Blue Mountain Coffee

Cases

Intellectual Property and Branding

Page 14: Session 4 - Branding and Intellectual Property Rights

Based on:

• A mixed portfolio of sugar branded

and promoted to different consumers

• A “good-better-best” portfolio

approach

Case: Branded Barbados Sugar

Intellectual Property and Branding

Page 15: Session 4 - Branding and Intellectual Property Rights

Based on: Developing a portfolio of brands

Source: Chris Docherty: Windward Commodities Ltd.

Case: Branded Barbados Sugar

Intellectual Property and Branding

POSITIONING

PACKAGING

RETAILPRICE

PRICEPREMIUMvs.regularsugar

BRAND

ULTRA-PREMIUM

US$9.57perkg(£2.99perunit)

797%(vs.whitesugar@US$1.2perkg)

Planta onReserveTinBag

PREMIUM

US$3.96perkg(£0.99perunit)

329%

(vs.whitesugar@US$1.2perkg)

MASS-MARKET

US$2.70perkg(£0.69perunit)

225%

(vs.whitesugar@US$1.2perkg)

Planta onTradi onal

BagSack

MANUFACTURING

US$1.50perkg(£56.00perunit)

176%

(vs.whitesugar@US$850permT)

Page 16: Session 4 - Branding and Intellectual Property Rights

Based on:

• The branding approach used for

strategically placing Barbados sugar

on the global market allows the

sugar industry to make a profit

• Use of PR strategies instead of

traditional advertising – media

coverage of product launch

Case: Branded Barbados Sugar

Intellectual Property and Branding

Page 17: Session 4 - Branding and Intellectual Property Rights

• Jamaican Blue Mountain Coffee is a

globally recognized certification mark

• Only coffee certified by the Coffee

Industry Board of Jamaica can be

labeled as such

Case: Jamaica Blue Mountain Coffee

Intellectual Property and Branding

Page 18: Session 4 - Branding and Intellectual Property Rights

• The geographical location of product

is the Blue Mountain region of

Jamaica and only coffee produced in

the delineated area can be certified.

• The marks are registered in over 30

countries

Case: Jamaica Blue Mountain Coffee

Intellectual Property and Branding

Page 19: Session 4 - Branding and Intellectual Property Rights

Cases: Jamaica Blue Mountain Coffee

Intellectual Property and Branding

Page 20: Session 4 - Branding and Intellectual Property Rights

• Partnership arrangement in target

market

• No formalised contract

• No registration of trademarks in

target markets

Cases: Marie Sharp - Belize

Intellectual Property and Branding

Page 21: Session 4 - Branding and Intellectual Property Rights

• Marks were used by partner without

consent

• Use on inferior products

• No recourse as the marks were not

registered in the jurisdiction

Cases: Marie Sharp - Belize

Intellectual Property and Branding

Page 22: Session 4 - Branding and Intellectual Property Rights

• Fine or flavoured cocoa – best

quality globally

• Has a excellent global reputation –

sought after

• Region has the highest proportion of

fine or flavoured cocoa growers

Cases: Cocoa

Intellectual Property and Branding

Page 23: Session 4 - Branding and Intellectual Property Rights

• Majority of cocoa shipped as a bulk

commodity

• Not distinguished by TM even when

they exist

• Ideal opportunity to explore the

potential of GI & branding to further

distinguish the product

Cases: Cocoa

Intellectual Property and Branding

Page 24: Session 4 - Branding and Intellectual Property Rights

Branding and Intellectual

Property

NOVEMBER 11, 2014

© 2014, All Rights Reserved

Presenter: Dr. Wendy Hollingsworth

CONCEPTUALISATION SM INC.