Saturday 28 May 2016

BRANDING ISSUES



BRAND AWARNESS AND ELEMENTS
BY SHILLA FLORA.M. BAPRM 42669(28th May)

Brand awareness

Brand awareness refers to customers' ability to recall and recognize the brand under different conditions and link to the brand name, logo, and jingles and so on to certain associations in memory. It consists of both brand recognition and brand recall. It helps the customers to understand to which product or service category the particular brand belongs and what products and services are sold under the brand name. It also ensures that customers know which of their needs are satisfied by the brand through its products (Keller). Brand awareness is of critical importance since customers will not consider your brand if they are not aware of it.

There are various levels of brand awareness that require different levels and combinations of brand recognition and recall. Top-of-Mind is the goal of most companies. Top-of-mind awareness occurs when your brand is what pops into a consumers mind when asked to name brands in a product category. For example, when someone is asked to name a type of facial tissue, the common answer is Kleenex, which is a top-of-mind brand. Aided Awareness occurs when a consumer is shown or reads a list of brands, and expresses familiarity with your brand only after they hear or see it as a type of memory aide. Strategic Awareness occurs when your brand is not only top-of-mind to consumers, but also has distinctive qualities that stick out to consumers as making it better than the other brands in your market. The distinctions that set your product apart from the competition is also known as the Unique Selling Point or USP.

Brand elements

Brands typically are made up of various elements, such as:
* Name: The word or words used to identify a company, product, service, or concept.
* Logo: The visual trademark that identifies the brand.
* Tagline or Catchphrase: "The Quicker Picker Upper" is associated with Bounty paper towels. "Can you hear me now" is an important part of the Verizon brand.
* Graphics: The dynamic ribbon is a trademarked part of Coca-Cola's brand.
* Shapes: The distinctive shapes of the Coca-Cola bottle and of the Volkswagen Beetle are trademarked elements of those brands.
* Colors: Owens-Corning is the only brand of fiberglass insulation that can be pink.
* Sounds: A unique tune or set of notes can denote a brand. NBC's chimes are a famous example.
* Scents: The rose-jasmine-musk scent of Chanel No. 5 is trademarked.
* Tastes: Kentucky Fried Chicken has trademarked its special recipe of eleven herbs and spices for fried chicken.
* Movements: Lamborghini has trademarked the upward motion of its car doors.

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