Branding is the process by which companies distinguish their product offerings from competition. A brand is created by developing a distinctive name, package and design, and by arousing customer expectations about the offering. This course tackles all the competencies needed to build a strong organizational brand and evaluate its performance and perceptions in the marketplace. It also details the role brand management plays in the strategic marketing process, the steps of the consumer adoption process, the different types of branding strategies and the signs that can indicate a troubled branding strategy.
Course Methodology
The course involves a variety of case studies and exercises to develop the right skills needed to become a successful branding professional. Group presentations and self-assessment tools will also be used for the same purpose.
Course Objectives
By the end of the course, participants will be able to:
Define brands and understand the opportunities and challenges facing them in highly competitive business landscapes
Plan and craft a powerful brand positioning statement that reflects the brand's promise and the expectations of their most valued customers
Build a strategic brand and track its growth and sustainability using researched processes
Explore the elements of brand equity and the constituents of brand identity to build consistent and sustainable brands
Identify various brand strategies to come up with sound actions aligned with the status of existing and new markets and products
Master the process for conducting a full brand audit to evaluate brand performance and take remedial actions
Target Audience
This course is targeted at managers and marketing personnel who wish to learn how to interpret the potential effects of various brand strategies and tactics and assess the value of any type of brand. This course is also ideal for marketing professionals who would like to strengthen, develop and enhance their strategic marketing skills and obtain the highest Return On Investment (ROI) from managing their organization’s brand.
Target Competencies
Creating brand report cards
Brand management
Creating brand value
Crafting brand identity
Designing brand equity elements
Conducting brand audits
Developing brand strategies
Note
This course is also endorsed by the Institute of Sales Management (ISM).
Course Outline
Definitions and anatomy of brands
The definition of a brand
Reasons why brands matter
A brief history of brands
Difference between branding and marketing
The challenges and opportunities of branding today
Understanding branding
Brand planning models
The concept of customer-based brand equity
Building customer-based brand equity
Benefits of customer-based brand equity
Three tools to facilitate brand planning
Brand positioning model
Brand resonance model
Brand value chain model
The strategic brand management process
The brand management process: a useful model
Developing brand vision
Establishing brand position
Fulfilling brand contract
Brand communication
Brand metrics: measuring RoBI (Return on Brand Investment)
The elements of the strategic brand management process
Identifying and establishing brand positioning and values
Planning and implementing brand marketing programs