Professional Documents
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Introduction to Advertising
Tutorial 3
Today
1. Recap of lecture
2. Branding exercise fill in page 1
individually
3. Branding exercise compare with
partner
4. What are Perceptual Maps?
5. Perceptual Map exercise in groups of
3/4
Intro to Advertising
Intro to Advertising
Intro to Advertising
1. What is puffery?
2. What dimensions of branding can you remember?
3. Whats the difference between brand identity and brand
equity?
4. Will people show more or less brand loyalty if the brand
equity is high?
5. Is deceptive advertising ethical?
Intro to Advertising
Answers
1- Puffery praises the product with subjective opinions, superlatives, or
exaggerations, vaguely and generally, stating no specific facts.
2- Dimensions of Branding: function, packaging, design, features, price,
efficacy / guarantees, add-ons, availability, delivery, advice, finance, aftercare
service / brand name, corporate image, quality perceptions, value perceptions,
reputation, organisation, other user recommendations.
3- Brand Identity (name, logo, symbols, design, packaging and performance)
encompasses the entire spectrum of consumers awareness, knowledge and image
of a brand as well as the company behind it. It is the sum of all points of encounter
or contact that consumers have with the brand. Brands can command a higher
price than an unbranded equivalent.
Brand Equity is used to describe both the value of the brand and the brand's
component values. It's value may be a monetary value (which may be discounted
to a net present value), an increase in a rate of return or any number of softer
market research measures such as awareness or consideration. Brand image:
associations that come to the consumers mind when contemplating a particular
brand.
4- Brand loyalty is directly linked with brand equity. Brand loyalty is the
consumer's commitment to repurchase the products of a specific brand while brand
equity refers to the marketing effects because of the brand name attached to a
product. Thus, high brand equity, results in more brand loyalty.
Intro to Advertising
$7
$14
$21
$100
Intro to Advertising
Positioning
Intro to Advertising
Status benefits
Emotional benefits
Recommended reading
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Perceptual Map
of
2 airlines
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Perceptual Map
of
car brands
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Perceptual Map
of
clothing brands
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Chocolate!!!
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http://cargocollective.com/jins_space/Pepsi-Cola-Brand-Management-Project
RMIT International University Vietnam
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