Title: Five Product Levels
1Five Product Levels
Core benefit - Sleep
2Product Mix
Width - number of different product lines
Length - total number of items within the lines
Depth - number of versions of each product
3Product-Line Length
- Line Stretching
- Downmarket
- Upmarket
- Two-way
- Line Filling
- Line Modernization
- Line Featuring Line Pruning
4What is a Brand?Identifies and differentiates
one sellers goods from competitors, but also
projects something about
The User
A culture
Personality
Attributes
Benefits
Values
5Brand 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)
6An Overview ofBranding Decisions
7Brand Strategies
New Brands
8Good Brand Names
Distinctive
Lack Poor Foreign Language Meanings
Suggest Product Benefits
Suggest Product Qualities
Easy to Pronounce Recognize Remember
9Why Package Crucial as a Marketing Tool
- Self-service
- Consumer affluence
- Company brand image
- Opportunity for innovation