Five Product Levels - PowerPoint PPT Presentation

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Five Product Levels

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Augmented product fresh flowers. Expected product clean bed ... Pronounce. Recognize. Remember 2000 Prentice Hall. Why Package Crucial as a Marketing Tool ... – PowerPoint PPT presentation

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Title: Five Product Levels


1
Five Product Levels
Core benefit - Sleep
2
Product Mix
Width - number of different product lines
Length - total number of items within the lines
Depth - number of versions of each product
3
Product-Line Length
  • Line Stretching
  • Downmarket
  • Upmarket
  • Two-way
  • Line Filling
  • Line Modernization
  • Line Featuring Line Pruning

4
What is a Brand?Identifies and differentiates
one sellers goods from competitors, but also
projects something about
The User
A culture
Personality
Attributes
Benefits
Values
5
Brand Equity
Devoted to Brand
Values the Brand (brand as friend)
Satisfied Switching Cost
Satisfied Customer (no reason to change)
No Brand Loyalty (customer will change)
6
An Overview ofBranding Decisions
7
Brand Strategies
New Brands
8
Good Brand Names
Distinctive
Lack Poor Foreign Language Meanings
Suggest Product Benefits
Suggest Product Qualities
Easy to Pronounce Recognize Remember
9
Why Package Crucial as a Marketing Tool
  • Self-service
  • Consumer affluence
  • Company brand image
  • Opportunity for innovation
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