品牌营销战略外文翻译(可编辑) .doc
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1、品牌营销战略-外文翻译 外文翻译原文Title: Brand Leadership Material Source: NewYork The Free Press Author: Aaker ,David A Brand management is the application of marketing techniques to a specific product, product line, or brand. It seeks to increase the products perceived value to the customer and thereby increase b
2、rand franchise and brand equity. Marketers see a brand as an implied promise that the level of quality people have come to expect from a brand will continue with competing products more favorable.It may also enable the manufacturer to charge more for the product. The value of the brand is determined
3、 by the amount of profit it generates for the manufacture. This can result from a combination of increased sales and increased price, and/or reduced COGScost of goods sold, and/or reduced or more efficient marketing investment. All of these enhancements may improve the profitability of a brand, and
4、thus, “Brand Managers” often carry line-management accountability for a brands P&LProfit and Loss profitability, in contrast to marketing staff manager roles,which are allocated budgets from above, to manage and execute. In this regard, Brand Management is often viewed in organizations as a broader
5、and more strategic role than Marketing alone. The annual list of the worlds most valuable brands, pulished by Interbrand and Business Week, indicates that the market value of companies often consists largely of brand equity. Research by McKinsey & Company, a global consulting firm, in 2000 suggested
6、 that strong, well-leveraged brands produce higher returns to shareholders than weaker, narrower brands seriously impact shareholder value, which ultimately makes branding a CEO responsibility. The discipline of brand management was started at Procter& Gamble PLC as a result of a famous memo by Neil
7、 H, McElroy. Principles of brand management?A good brand name should:be protected or at least protectable udder trademark law be easy to pronounce? be easy to remember be easy to recognize be easy to translate into all languages in the markets where the brand will be used attract attention? suggest
8、product benefitssuggest the company or product image? distinguish the product “s positioning relative to the competition? be attractive Types of brands premium brandeconomy brandfighting brand corporate branding individual branding family branding Functions of brand For consumers Identification of s
9、ource of product, Assignment of responsibility to product maker, Risk reducer, Search cost reducer, Symbolic device. Signal of quality For Manufacture Means of identification to simplify handling or tracing, Means of legally protecting unique associations,Source of competitive advantage, Source of f
10、inancial returns,“Strategic Brand Management”3 rd edition ,Kevin Lane keller Brand architecture The different brands owned by a company are related to each other via brand architecture. In“product its own name and style of expression while the company itself remains invisible to consumers. Procter&G
11、amble,considered by many to have created product branding,is a choice example with its many unrelated consumer brands such as Tide,Pampers,Abunda,Ivory and Pantence. With “endorsed brand architcture”,a mother brand is tied to product brands, such as The Courtyard Hotelsproducts brand nameby Marriott
12、mother brand name.Endorsed brands benefit from the standing of their mother brand and thus save a company some marking expense by virtue promoting all the linked brands whenever the mother brand is advertised. The third model of brand architecture is most commonly referred to as “corporate branding”
13、.The mother brand is used and all products carry this name and all advertising speaks with the same voice. A good example of this brand architecture is the UK-based conglomerate Virgin.Virgin brands all ite business with its nameTechniques Companies somethings want to reduce the number of brands tha
14、t they market. This process is known as “Brand rationalization” Some companies tend to create more brands ans product variations within a brand than economies of scale would indicate, Sometimes, they will create a specific service or product brand for each market that they target.In the case of prod
15、uct branding.this may be to gain retail shelf spaceand reduce the amount of shelf space allocated to competing brands.A company may decide to rationalize their portfolio of brands from time to time to gain production and marketing efficiency, or to rationalize a brand portfolio as part of corporate
16、restructuring. A recurring challenge for brand managers is to build a consistent brand while keeping its message fresh and relevant. An older brand identity may be misaligned to a redefined target market, a restated corporate vision statement, revisited mission statement or values of a company. Bran
17、d identities may also lose resonance with their target market throngh demographic evolution. Repositioning a brandsometimes called rebranding,may cost some brand equity,and can confuse the Target market, but ideally,a brand can be repositioned while retaining existing brand equity fou leverage. Bran
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