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    Part 4 - Products

    Chpt 10 - Product Mgmt

    Slide 1

    Brand Brand Name

    Trademark Generic Name

    Product Line Product Mix

    Individual offering Page 216

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    Co-Branding

    Two companies join to create a new

    product carrying both their brands.

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    Co-Branding

    Examples:

    McCains cake and KFC

    McDonalds & movie Mulan

    Pizza Hut & Pepsi

    Cereal box with other thing inside

    Pizza Pizza and Blockbuster video rental &

    Chocolate bar

    Cinelex Odeon and Blockbuster

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    A name, term, sign, symbol, or design

    (or some combination thereof) used to

    identify the products of one firm and to

    differentiate them from competitiveofferings. TEXT

    Something used to show customers thatone product is different than the products

    of another manufacturer. WTGR

    Brand

    Page 216

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    Brand Name

    Words, letters, or symbols that make up a

    name used to identify and distinguish the

    firms offerings from those of its

    competitors.Page 216

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    A brand that has been given legal protection

    and has been granted solely to its owner.

    Trademark

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    Generic Name Brand

    Generic Goods

    National Brand

    Private Brand

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    Examples of the 3 differences betweena national brand, a private brand and a

    generic brand

    Philadelphia Cream Cheese

    IGA Cream Cheese

    No Name brand cream cheese

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    National Brand

    products that carry the name of the

    manufacturer

    ie. Maxwell House coffeeie. Philadelphia cream cheese

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    Private Brand

    products that carry the name of the

    seller, not the manufacturer

    ie. MasterChoice coffee

    ie. IGA cream cheese

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    Generic Name Brand

    A brand name over which the original owner has lost

    exclusive claim because all offerings in the associated

    class of products have become generally known by the

    brand name (usually that of the first or leading brand inthat product class).TEXT

    names for product categories

    ie. Velcrois the brand -

    hooked fabric fastener is the generic nameie. Xeroxis the company

    photocopy is the generic name,

    - other examples???????? rollerblades, Styrofoam

    , Jello, Vaseline, Q-tips, Kleenex

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    Terms

    non-branded products that sell at discount

    ie. dish soap, toilet paper, aluminum foil, etc.

    Generic Goods

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    1. Brand Recognition (also called Brand Equity)

    2. Brand Preference / Loyalty

    3. Insistence

    Brand Loyalty Categories

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    Brand Recognition / Equity

    Brand Preference / Loyalty

    Brand Insistence__________________

    Brand Awareness

    Brand Association

    Page 220

    P t 4 P d t

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    Brand Recognition / Equity- awareness, loyalty, quality,

    emotion

    Brand Preference / Loyalty- the degree to which

    customers are committed to further purchases eg. I will

    always buy Reebok (Brand Insistence)________________________________________________

    Brand Awareness-your product is the first that comes to

    mind in a certain product category

    eg. Snapple ice tea, jeans-Levis, walkman - SONY Brand Association- the link to favourable images,

    celebrities, geographic regions

    ie. Red Strip - Jamaica, VW - Germany, Screech - NFLD

    Baileys - Eire

    P t 4 P d t

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    Brand Awareness-your product is the firstthat comes to mind in a certain product

    category

    eg. Snapple ice tea, jeans-Levis, walkman -

    SONY

    Not in the text

    P t 4 P d t Slid 1

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    Brand Association- the link to favourableimages, celebrities, geographic regions

    ie. Red Strip - Jamaica, VW - Germany,

    Screech - NFLD

    Baileys - Eire Paul Hogan - Subaru

    James Earl Jones (voice of CNN)

    Chihuahua - Taco Bell

    Jordan - Nike

    Julia Louis Dryfuss - Nice and Easy

    Candice Bergen - Sprint Canada Not in the text

    P t 4 P d t Slid 18

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    Brand Association- the link to favourable

    images, celebrities, geographic regions white diamonds - liz taylor

    BMW Z3 - 007

    roots hats - olympics

    fubu - urban trend / hip hop

    right guard - Sir Charles

    Ru Paul - MAC Cosmetics

    Seinfeld - AMEX

    Not in the text

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    Brand Awareness-your product is the first that

    comes to mind in a certain product category

    eg. ice tea = Snapple, running shoes = Nike

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    Most Valuable Global Brands

    Coca Cola $ 36 Billion

    Nescafe $ 11 BillionKodak $ 10 Billion

    Microsoft $ 9.8 Billion

    Budweiser $ 9.7 Billion

    Kellogg's $ 9.3 Billion

    Brands Brand value

    Motorola $ 9.2 Billion

    Gillette $ 8.2 Billion

    Bacardi $ 7.1 Billion

    Marlboro $ 33 Billion

    Source: Financial World

    14-2

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    Terms

    brand trademark

    logo copyright

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    Terms

    trademark

    a brand that has been given

    exclusive legal protection - name andthe design

    copyright

    music, or words that are given legal

    ownership by the author

    page 473

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    1. Manufacturers/ National

    a) Family

    b) Individual

    2. Private - page 222 - see slide 31

    3. Generic - page 223 - see slide 31

    Brand Strategy

    Page 221