Title: Advertising
1MKT329J2
Branding, Packaging, Merchandising
Exhibitions Week 5 Paula
Durkan Room 1B13 Tel 028
90368082
2Brand
A brand is a name,term, sign, symbol or design,
or a combination of these intended to identify
the goods or services of one seller or group of
sellers and to differentiate them from those of
competitors. Powerful brand names have consumer
franchise they command consumer loyalty.
(Fill 2002)
3Levels of Brand Meaning
- Attributes
- Benefits
- Values
- Personality
4Attributes
- A brand elicits certain attributes in the mind
of the customer a company may use one or more
of these attributes in its advertising to
reinforce these perceptions in the mind of the
consumer
5Benefits
- Consumers buy benefits, not attributes. The
benefits may produce objective need-satisfiers,
such as increased safety or psychological
benefits such as enhanced self esteem. In both
cases, the actual benefit must be available in
the product.
6Values
- Brands communicate information about the
buyers values. The benefits of the brand
indicate that these things are important to the
consumer who chooses them. Many consumers,
especially those of premium brands, often select
a particular brand in part because of what it
communicates to others about the owners values.
7Personality
- Brands project a personality. People personify
brands and products. Psychologists maintain that
we tend to be attracted to products like us,
those we aspire to be like, and those we want
others to view us as being like. Brands can help
people, almost literally, become the type of
person they want to be.
8Commodity vs. Branded
Commodity Low price differentiation Low
product/image differentiation
Branded High Price differentiation High
Product/image differentiation
9Brand Equity
-
- The value of a brand, based on the extent to
which it has high brand loyalty, name awareness,
perceived quality, strong brand associations and
other assets such as patents, trademarks and
channel relationships. - (Kotler 2000)
10Strategic Function of Brands
- Brand as a sign of ownership
- Brand as a differentiating device
- Brands as a functional device
- Brand as a symbolic device
- Brand as a risk reducer
- Brand as a shorthand device
- Brands as a legal device
- Brands as a strategic device
11Major Branding Decisions
- Brand decision to brand or not to brand
- Brand sponsorship
- - Manufacturer e.g. Lever Brothers,
Nestle or IBM - - Private/own brand e.g. MS,
- - Licensed Brand e.g. Calvin Klein, Gucci
- - Co-branding joining forces with another
company e.g. McDonalds Disney -
12Packaging
- The activities of designing and producing the
container or wrapper for a product - Kotler 2002
- The most obvious display a manufacturer has at
the point of purchase is the packaging used to
wrap and protect the product until it is ready
for consumption - (Fill 2002)
13Packaging Concept
- What the package should be or do for the product
14Purpose of packaging
- Informs customers
- Meets legal information requirements
- Can aid use of product e.g. ring pulls on cans
- Can add value to product e.g. re-useable as a
container, toy or decoration.
15Colour
- Yellow attention getter, summer.
- Orange sociable colour, products containing
oranges. - Red prime attention getter
- Purple royalty so up market image
- Blue cleanliness or coolness
- Green natural, spring, environmentalism
16Colour continued
- Pink/magenta girly, used in many cosmetics
- White purity and cleanliness in Europe and the
USA, but death in Japan where it is the colour of
mourning. - Brown conveys richness, strong flavours
- Black used with gold to convey exclusivity,
otherwise associated with death. - (Blythe 2003)
- Pink/magenta girly, used in many cosmetics
17Effects of graphics
- Reinforce brand name
- Attract attention
- Add aesthetic quality
- Trigger lifestyle aspiration
- Add value
- Can incorporate cues/symbols
- Encourage people to touch pack
18Packaging Effectiveness
- Visibility does it stand out
- Information instructions, contents, etc
- Emotional appeal evoke right mood
- Workability function well, protect contents,
easy storage etc
19Exhibitions
- Exhibitions are unique in that they are the only
medium which brings the whole market together -
buyers, sellers and competitors all under on
roof for a few days. Products and services can be
seen, demonstrated or tested, face-to-face
contact can be made with a large number of
relevant decision-makers in a short period of
time - (Fill 2000)
20Attendance
- Number of available exhibitions
- Visitor profile
- Cost
- Location of stand
- Timing relative to firms business cycle
- Profile other exhibitors
- Prestige of exhibition
21Organising Stand
- Accessible and informative displays
- Ensure stand staff are well briefed
- Share objectives, set targets
- Have private area for interested prospects
- Establish rota for stand staff
- Have system for recording leads
- Customer feedback system