what are the important brand architecture decisions in developing a branding strategy
TRANSCRIPT
What are the important brand architecture Decisions in developing a branding strategy? By Sanket Badhe
1) It can develop new brand new elements for new product.
2) Brand Extension :
It can apply some of its existing brand elements.
3) Sub brand:
It can use a combination of new and existing brand
elements.
Deciding how to brand new product ?
Branding Decisions
Alternative branding strategies: Firm decides to brand its produce or services, It must choose which brand name to use.
1) Individual or separate family brand names: branding different product by different names
Alternative branding strategies: Firm decides to brand its produce or services, It must choose which brand name to use.
2) Corporate umbrella or company brand name : use corporate brand name
Branding Decisions
Alternative branding strategies: Firm decides to brand its produce or services, It must choose which brand name to use.
3) sub-brand name:Combine two or more corporate brand, family brand or individual brand
Branding DecisionsBranding Decisions
Brand Portfolios
When large businesses operate under multiple different brands, services and companies, a brand portfolio is used to encompass all these entities under one umbrella. Often, each of these brands has its own separate trademarks and operates as an individual business entity.
“Created by Sanket Badhe, IIT Roorkee, during an internship with Prof. Sameer Mathur, IIMLucknow, www.IIMInternship.com ”