Title: Brand Name Strategies
1Brand Name Strategies
- Brina Cissell
- November 14, 2005
2Deciding on Brand Name
- Suggest something about the products benefits
- Suggest product qualities
- Easy to pronounce
- Distinctive
- Not carry poor meaning in other countries
3Types of Brand Name Strategies
- Individual Names
- Blanket Family Names
- Separate Family Names
- Company Trade Name with Individual Product Names
4Individual 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
5Individual Names
General Mills consists of 37 different well known
brands within the firm.
6Blanket 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.
7Blanket 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
8Separate 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.
9Separate Family Names
Allstate Hercules Cheryl Tiegs J.C.
Higgins Coldspot Pilgrim David Bradley Roebucks D
iehard Silvertone Economy Toughskins Harmony House
10Company 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
11Company 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