Project SHN
Project SHN
Project SHN
Objectives:
Websites
Online Articles
Packaging
labelling
Branding
Meaning:
Branding is the perpetual process of identifying, creating, and
managing the cumulative assets and actions that shape the
perception of a brand in stakeholders’ minds. Branding is the
process of creating a distinct identity for a business in the mind
of your target audience and consumers. At the the most basic
level, branding is made up of a company's logo, visual design,
mission, and tone of voice. But your brand identity is also
determined by the quality of your products, customer service,
and even how you price your products or services.
Definition:
The Branding is a marketing process wherein the firm tries to
create a unique image of the product in the minds of the
customer and establish a differentiated presence in the market
with the intent to retain the customer loyalty.
Features/ characteristics of good brand
1-Competitiveness:
2-Distinctiveness:
4- Consistency:
6-Leadership:
The CEO of a big firm will be the leader of the brand and in
case of the small business; owner will be the leader of the
brand. In any case, the
attribute of leadership is a
must to envisage the short-term
and long-term business
objectives, plan and execute
business strategies, motivate the internal staff, and maximize
their strengths that will help the brand to achieve its goals and
objectives.
Functions of Branding:
Distinctiveness:
A brand name creates a distinctive impression among the
customers. For instance, different brands of soap such
‘Cinthol’, ‘O.K.’, ‘Lux’, Tears’, ‘Vigil’, etc. create different
impressions upon the users, though the article is the same, i.e.,
soap. Thus, a branded product enjoys distinct or separate
identity.
Publicity:
A brand name enables its holder to advertise his product
without any difficulty. Once a brand name becomes popular,
people remember it for long.
Protection of Goods:
Generally, the branded products are packed in suitable
containers or wrappers which provide protection to the
goods against heat and moisture and facilitate convenient
handling. The customers derive many other benefits from the
branded products. They are assured of the quality of the
branded products.
Wide Market:
Branded products are quite popular and have wide market.
The wholesalers and retailers readily handle the branded
products which are advertised.
Different types of brands:
(ii)Personal brand
(iv) Expensive
Building up brand recognization and loyalty is very
expensive. Particularly, small sized companies cannot afford
it.
Some pictures of brands:
Packaging
Meaning :
Definitions:
-Phillip Kotler
-David J. Schwartch
Functions of Packaging:
1. Protection
2. Appeal: