Preview

Benefits of Global Branding

Satisfactory Essays
Open Document
Open Document
388 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Benefits of Global Branding
Brand
A brand is the identity of a specific product, service, or business. A brand can take many forms, including a name, sign, symbol, color combination or slogan. The word brand began simply as a way to tell one person's cattle from another by means of a hot iron stamp. A legally protected brand name is called a trademark. The word brand has continued to evolve to encompass identity - it affects the personality of a product, company or service. [1](( David Aaker (1991), Managing Brand Equity.))
A concept brand is a brand that is associated with an abstract concept, like breast cancer awareness or environmentalism, rather than a specific product, service, or business. A commodity brand is a brand associated with a commodity. Got milk? is an example of a commodity brand.
In the automotive industry, brands were originally called marques, and marque is still often used as a synonym for brand in reference to motor vehicles. [2](( marque, n./2", Oxford English Dictionary online version (July 2010 ed.))
1-Concepts
Brand is the personality that identifies a product, service or company (name, term, sign, symbol, or design, or combination of them) and how it relates to key constituencies: Customers, Staff, Partners, Investors etc.
Some people distinguish the psychological aspect, brand associations like thoughts, feelings, perceptions, images, experiences, beliefs, attitudes, and so on that become linked to the brand, of a brand from the experiential aspect.
The experiential aspect consists of the sum of all points of contact with the brand and is known as the brand experience. The psychological aspect, sometimes referred to as the brand image, is a symbolic construct created within the minds of people, consisting of all the information and expectations associated with a product, service or the company(ies) providing them.
People engaged in branding seek to develop or align the expectations behind the brand experience,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Some companies use items that increase their brand name. A brand is a symbol or sign that gives identification of a product and brings out a difference among competitors. The three brands which are believed to have the strongest likelihood of remaining a source of advantage in the 21st century are Apple, Disney and Chick-fil-a.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Disney's Branding Approach

    • 3513 Words
    • 15 Pages

    De Chernatony and Mcdonald define brand as an identifiable product, service, person or place augmented in such a way that the buyer or user perceives relevant unique sustainable added values that match their needs most closely…

    • 3513 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    These are expressions you can hear every day, but what exactly ‘brand’ means? There are many definitions of brand, because brand for everyone means differently. For one it can be a label from expensive designer, or a guarantee of quality, thus it’s a trust in a product or service. For another one the brand can be, for example, Jenifer Lopez’s perfume, because in that person’s eyes, she is a brand, the value and status, that why people are buying this perfume. For example, L. de Chernatory and Dall’ Olmo Riley (1998, p.417) after revising huge amount of articles of brand concept, defined brand as a “multidimensional construct, matching a firm’s functional and emotional values with the performance and psychosocial needs of consumers”. Thus brand is a link, which…

    • 4514 Words
    • 19 Pages
    Best Essays
  • Satisfactory Essays

    FTVMS110G

    • 2081 Words
    • 9 Pages

    Brand – refers to the name and iconography of a product, replaces interpersonal communication with the producer, attempts to overlay transformational values for the consumer.…

    • 2081 Words
    • 9 Pages
    Satisfactory Essays
  • Best Essays

    It has been asserted (Kennedy, 2012) that, a brand collects name, symbol, design, logo and term together, intended to identifies and differentiates a product or service. Consumers regard brands as an essential element of the production, and most companies usually charge a higher price due to the influence of branding, like Louis Vuitton. Belch, Belch, Kerr, and Powell (2009) depicted that, brands could make choices for consumers, which like something consumers want to buy, avoid, aspire and outgrow. Duncan (as cited in Belch et al., 2009) describes a brand as ‘ a perception resulting from experiences with, and information about, a company or a line of products.’ A brand is not just the production or a service, it can be seen as a symbol of a product. For instance, it is easily to recognize two clothes through the branding logo, despite of that they own some common features in terms of color, style and material. Moreover, it is what differentiates a production from its competitors. Brands have two qualities, which are tangible and intangible attributes. The tangible qualities are those can be seen, felt, tasted and smelt, such as product’s design, how much it costs and what it is made of. The intangible attributes, usually involve consumer’s consciousness, which like brand image, perceptions of users of the brand and image of store where sold (Belch et al., 2009).…

    • 2372 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Brand- a name, term, design, symbol, or other feature that identifies one marketer's product as distinct from those of other marketers…

    • 566 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Perceptual Mapping

    • 1542 Words
    • 7 Pages

    Understanding how consumers store information in memory is essential in brand development, according to Dawn Iacobucci, editor of Kellogg on Marketing. A product or service “brand” might have three types of associations: attributes, people, and occasions. “Attributes are physical characteristics of a product such as its color, size, and flavor. People and occasions together are regarded as image.” Most brand positioning involves a combination of attributes and image.…

    • 1542 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Intro to marketing

    • 820 Words
    • 4 Pages

    Then brand associations are grouped into categories. Set of abstract concepts or phrases that characterize the five to ten most important dimensions of the mental map of a brand Relate to points-of-parity and points-ofdifference Mental map  Core brand values  Brand mantra An articulation of the “heart and soul” of the brand Similar to “brand essence” or “core brand promise” Short three- to five-word phrases that capture the irrefutable essence or spirit of the brand positioning and brand values Considerations ◦ Communicate ◦ Simplify ◦ Inspire   …

    • 820 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Exam Essay Questions

    • 453 Words
    • 2 Pages

    The company’s “brand” can be described as their image. It is the culmination of the company’s culture, product and customer experiences. Every…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Brand is the "name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers."Initially, Branding was adopted to differentiate one person's cattle from another's by means of a distinctive symbol burned into the animal's skin with a hot iron stamp, and was subsequently used in business, marketing and advertising. A modern example of a brand is Coca Cola which belongs to the Coca-Cola Company. A brand is the most valuable fixed asset of a Corporation.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Dove Case Notes

    • 1462 Words
    • 6 Pages

    A Brand can be a name, symbol, sign etc. intended to identify your goods and service by the target audience. A brand is unique and differentiates you from your competitors. To get a brand into the customers mind needs a lot of marketing efforts. Furthermore you need to establish brand equity to provide value to the customer and the company.…

    • 1462 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Brakus, J. J., Schmitt, B. H. and Zarantonello, L. (2009), “Brand experience: what is it? How…

    • 7465 Words
    • 46 Pages
    Powerful Essays
  • Powerful Essays

    Brand – A name, term, design, symbol, or other feature that identifies one marketer’s product as distinct from those of other marketers. Dell is shining up its brand by improving customer service, which is especially important as PC sales grow more slowly throughout the industry and competitors dig in to defend market share.…

    • 1311 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Basic Marketing Principles

    • 5116 Words
    • 20 Pages

    1. Brand (114) -> AMA defines as “a name, term, sign, symbol, or design, or a combination of them, intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors”…

    • 5116 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    A brand, or a brand name, is the attempt to impose some kind of identifying feature on a product or service so that it is easily recognized by the general public. A brand is oftentimes associated with an image, a set of expectations or recognizable logo. The goal of a brand is to set a product or service apart from others of its kind, and influence the consumers to choose the product over similar products simply because of its associations.…

    • 8577 Words
    • 35 Pages
    Powerful Essays