Brand Name Strategies - PowerPoint PPT Presentation

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Brand Name Strategies

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Individual Names. General Mills consists of 37 ... Separate Family Names ... Product-line brand names are used when a company produces diverse product lines ... – PowerPoint PPT presentation

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Title: Brand Name Strategies


1
Brand Name Strategies
  • Brina Cissell
  • November 14, 2005

2
Deciding on Brand Name
  • Suggest something about the products benefits
  • Suggest product qualities
  • Easy to pronounce
  • Distinctive
  • Not carry poor meaning in other countries

3
Types of Brand Name Strategies
  • Individual Names
  • Blanket Family Names
  • Separate Family Names
  • Company Trade Name with Individual Product Names

4
Individual Names
  • Firm does not tie its reputation to the products
    that it produces.
  • The companies image is not hurt if the product
    fails or seems low quality

5
Individual Names
General Mills consists of 37 different well known
brands within the firm.
6
Blanket Family Names
  • Family brand names involve the opposite
    strategyincluding the firms' total product mix
    under one family name. The corporate name, rather
    than the brand name, is emphasized in order to
    leverage the high-quality name of the
    organization. This can reduce advertising and
    marketing costs.

7
Blanket Family Names
Campbell's Healthy Request soupsCampbell's
Kitchen Classics soupsCampbell's Microwavable
SoupsCampbell's Select soupCampbell's
GraviesCampbell's SpaghettiOs pasta
Campbell's Carb Request soupsCampbell's
Chunky soups Campbell's Condensed
soupsCampbell's Kids soups
8
Separate Family Names
  • This strategy associates a strong corporate
    entity with a brand while maintaining the brand's
    individuality. If successful, it provides the
    advantages of both a family brand name and an
    individual brand name strategy.

9
Separate Family Names
Allstate Hercules Cheryl Tiegs J.C.
Higgins Coldspot Pilgrim David Bradley  Roebucks D
iehard Silvertone Economy Toughskins Harmony House
10
Company Trade Name with Individual Product names
  • Product-line brand names involve a strategy
    midway between an individual brand name and a
    family brand name strategy. All brands within the
    product line have a common name. Product-line
    brand names are used when a company produces
    diverse product lines that require separate
    identification

11
Company Trade Name with Individual Product names
12
  • Searching for a brand name is like searching for
    a wife there are lots of choices, but the best
    ones have already been taken
  • The wit
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