Table of Contents

Title                                                                                Page no.

Part 1                                                                                  2

Key Factors involved in Brand                                                  2

  • Brand Identity                                                           3

  • Customer Experience                                                  4
  • Customer Loyalty                                                  5

  • Design and Appearance                                                  6

  • Product Characteristics                                                  7

Conclusions                                                                          7

Part 2                                                                                  8

Integration of Brand Development and Product Development                    8

Positioning                                                                          9

Creating the Customer Experience                                                  10

  • Integrated Customer Experience                                          11

Discrete Design                                                                  12

Feedback                                                                          14

Brand Stewardship                                                                  14

Conclusions                                                                          15

References                                                                          16

Appendix                                                                          17

Part 1:                                      Brand

     

        A Brand is a product, it symbolises the organisation and its characteristics. Products which are taken on identify the brands. A brand is recognition and merges with the customer experiences and links both the product and the customer. A customers experience with the particular product creates a mental relationship and an image of the product amongst the customers (Monty Montague, Spring 1999). A brand impression is as valuable and effective as any image created through heavy marketing.

 

Key Factors Involved in  Successful Brand Creation.

   An unbranded product is a commodity (McEnally, de Chernatony 1999), a brand’s various forms over a period of time are:

  • Brand as reference
  • Brand as personality
  • Brand as icon
  • Brand as policy.

Important factors for creating a successful brand are:

  • Brand identity.
  • Customer Experience
  • Design and Appearance
  • Product Characteristics

The above factors have various under lying factors which influence a successful brand creation.

Brand Identity

   A brand represents the basic characters of a product and the manufacturing organisation. They are made, packed and distributed for sales. Each and every stage of the process reflects the brand and its image.  The Total sensory experience of a brand from the point of sales to the sales environment and promotions to purchase and use creates an image which emphasises the Brand identity.

    A brand image creates a reputation, Reputation is the most important factor and helps in creating a strong market value, and Branding is all about the reputation developed over the number of years of existence(McEnally, de Chernatony 1999),. Good brands stand the test of time. To develop a brand that will last a lifetime, the companies go beyond what they do right now, thinking long term. Consider at Coke, Ford and General Electric. No matter what they sell or how they change over time, they can rely on their brand equity built on a foundation of customer trust to take them deep into their customer is trust quotient and keep them there.

   Every company has a reputation. Everyone the company interacts with will form an opinion about the company, even if they have not done business with them yet. The challenge is to manage your reputation so that the opinion that people have of you is positive. This is what creates a brand.

         A brand is unlikely to have one brand image, but several, though one or two can be predominate. The term “brand image “has developed to become more popular as evidence began to grow that the feelings and images associated with the brand became purchase influencers(Karl D. Speak, winter 2000). Good brand images are instantly evoked, are positive, and are always unique among competitive brands. The Brand identity therefore gives a product or the organization a competitive boost and also a reputation of superior quality or customer satisfaction. Brand identity is reinforced by brand communications such as packaging, customer service, word of mouth and other aspects of brand experience.

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Customer Experience

  The most important facet of Brand creation is the customer’s experience with the product. A branded product creates images in customer’s minds. The customers have such connection owing to the quality, performance, appearance and overall product satisfaction. The customer experience is so important that it is a vital need for the customers to appreciate the product i.e. the brand. Branding is the most powerful marketing tool as it is clear that it provides a significant competitive advantage.

         The most common Factors which influence the customer’s perception and buyer behavior of a ...

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