Branding strategies
Corporate dominant branding
Corporate dominant brands capitalize on the name of the incorporation which means it's the name of the manufacturing company
Example: Ford/Samsung/Harley Davidson/Nike/ L'oréal/ Tommy Hilfiger
Product dominant names
My eye color
Eye color
My hair color
Hair color
Definition
The product dominant names are words designed to be associative or they can be brand names made for a specific objective for creating an association
Examples
Coca-cola/ Haagen Däz/Dasani/Lux shower gel
Brand
Definition
Private labels/Distributor brands
Retailers
Walmart
Great value
Sobeys
Loblaws
Canadian Tire
No frills
Shopper's drug mart
Rationale for private labels
Price competitivity
No advertissement
No R&D
No shelf allowance
Specify the product
Subtopic
Definition
Private labels brands are the brands with manufactured products by one company for sale under another company's brand. It targets different segments, it has a higher profit margin, benefit more than national brands.
examples
Carrefour shower gel: distributor( grocery stores or supermarkets)
This is a brand that we can recognize, familiar as it's a brand that is selled in carrefour and it belongs to it.
Entry/Med level: private labels
Rebranding/repositioning
Definition
The repositioning of a brand is when a brand changes the target market or the reformulation of a product and satisfying the evolving needs of the target market which will create an emotional attachment with the brand.
Examples
Chanelle No.5
Target market: Old people(50-60 years old)
Coco mademoiselle(channel)
Target market: Teenagers/young people(20 years old)
Examples
Millennials
Diet Coke
Different flavours
Distributive brands
A brand that is hard to determine as it's distributed in many places, it's a part of the distribution that causes some sort of confusion to the customers
ex:apple, ikea
Brand extension
Definition
The brand extension is when a brand name is taken and added on a brand category
Example
Harley/Davidson( different product categories with same personalities that can relate such as bag, boots, motocycle etc..
Cognac( they have same personality but different brand extension)
CO-Branding
Definition
The CO-Branding is when 2 or more brands corporate with their similarities, products in common which gives the brand more strength and power.
Examples
Orea+Tim Hortons( they have loyal customer base and good sales)
Amazon+Visa(credit cards)
The rationale behind distributor brands
Explanation
Distributor brands can competitively price their product with a cheaper price compared to national brands with higher price even if they have very similar products compared to national brands because they make more money by selling products with low prices as they will not have to do the part of distribution where they advertise and they will benefit of the distribution of other brands. Also, they don't do the research development.
Example
Pringles/Stack Attack
Stack Attack will benefit from the distribution of Pringles as they have lower pice and similar products.
Line extension
Definition
The line extension is when the brand has same product categories but different personality such as size and flavors.
Example
kitkat
Ice-cream kitkat
National brand
Definition
The national brand is a brand that we can recognize, familiar as it's a brand that is selled in a place( carrefour) and it belongs to it. It has premium products, high income segment, high quality and easy to determine.
Premium products(luxury)