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Transcript of Learning Objectives
“ Bra
nd
Ma
na
ge
me
nt”
MK
54
2E
Bra
nd
Arch
itectu
re
Dr. D
ilda
rH
ussa
inA
ssistan
t Pro
fesso
r
ESC
Re
nn
es S
cho
ol o
f Bu
sine
ss
Office
No
. 31
5
dild
ar.h
ussa
in@
esc-re
nn
es.fr
�O
ve
rvie
w
�W
ha
t bra
nd
arch
itectu
re o
r bra
nd
structu
re is
�D
iffere
nt b
ran
din
g a
pp
roa
che
s
�H
ow
toch
oo
sea
na
pp
rop
riate
bra
nd
strate
gy
�E
nviro
nm
en
tal
pre
ssure
on
bra
nd
ing
�Le
arn
ing
Ob
jectiv
es
�A
pp
recia
teth
eco
nce
pt
of
bra
nd
structu
re
�Se
lect
an
ap
pro
pria
teb
ran
db
ran
din
ga
pp
roa
ch
�E
xam
ine
the
gro
wth
of
licen
sing
an
dstra
teg
ica
llian
ces
inb
ran
din
g
�E
xam
ine
bra
nd
structu
rein
inte
rna
tion
al
ma
rkets
2
Ch
ap
ter O
vervie
w
2
�W
ith m
ore
targ
ete
d m
ark
etin
g, it h
as b
eco
me
�M
ore
com
ple
x
�G
lob
al
�D
yna
mic
�B
ran
ds a
re o
wn
ed
by
oth
er b
ran
ds w
hich
, in tu
rn,
are
ow
ne
d b
y a
no
the
r set o
f bra
nd
s
�B
ran
din
g m
an
ag
em
en
t, no
w a
da
ys, is n
ot
all a
bo
ut m
an
ag
ing
sing
le b
ran
ds b
ut m
an
ag
ing
po
rtfolio
s
33
Intro
du
ction
�S
am
e co
mp
an
y ca
n se
lls pro
du
cts to d
iffere
nt se
gm
en
ts
�D
iffere
nt p
rod
ucts m
ay
be
po
sition
ed
diffe
ren
tly
�S
om
e th
ou
gh
ts ab
ou
t bra
nd
s
�B
ran
din
g, a
n im
po
rtan
t top
ic of in
tere
st for re
sea
rch
�B
eco
min
g d
ifficult to
crea
te n
ew
bra
nd
s
�In
futu
re, b
uild
ing
an
bra
nd
ma
y on
ly be
po
ssible
thro
ug
h a
cqu
isition
�O
the
r issue
s inclu
de
, cha
ng
ing
bra
nd
ma
na
ge
me
nt , ta
keo
vers, h
igh
turn
-ove
r of b
ran
d
ma
na
ge
rs
�Fo
cus o
n e
xistin
g b
ran
ds a
nd
corp
ora
te id
en
tities h
as in
crea
sed
4
From
Bra
nd
Ma
na
ge
me
nt to
Bra
nd
Po
rtfolio
Ma
na
ge
me
nt
4
�B
ran
d p
ortfo
lios a
re re
sult o
f a p
roce
ss
�B
ran
d a
ccum
ula
tion
, tran
sition
, an
d re
du
ction
of b
ran
ds
�O
rga
niza
tion
of re
latio
nsh
ips b
etw
ee
n b
ran
ds
�D
eve
lop
me
nt o
f bra
nd
po
rtfolio
s to g
ain
com
pe
titive a
dva
nta
ge
�T
he
refo
re, b
ran
d p
ortfo
lio d
ea
l with
bo
th th
e in
tern
al a
nd
ex
tern
al e
nv
iron
me
nts
�B
ran
d p
ortfo
lio in
flue
nce
s (CIM
, 20
03
)
�R
& D
�M
arke
ting
reso
urce
s
�C
ost e
fficien
cy
�G
row
th, e
tc. 5
Stra
teg
ic Ba
lan
ce o
f Bra
nd
Po
rtfolio
Ma
na
ge
me
nt -
1
5
�S
ix w
ay
s in w
hich
po
rtfolio
ma
na
ge
me
nt co
uld
en
ha
nce
gro
wth
�C
lea
r prio
ritizatio
n o
f futu
re fo
cus b
y ma
jor m
arke
t
�P
rioritiza
tion
by b
ran
d a
nd
pro
du
ct
�C
on
cen
tratio
n o
f exp
en
ditu
re o
n p
riority m
arke
t,
bra
nd
s an
d p
rod
ucts
�O
pe
ratio
na
l cost sa
ving
thro
ug
h sim
plifie
d b
usin
ess
�D
ispo
sal o
f bra
nd
s tha
t do
n’t fit
�G
ap
filling
by p
rod
uct d
eve
lop
me
nt a
nd
acq
uisitio
n
6
Stra
teg
ic Ba
lan
ce o
f Bra
nd
Po
rtfolio
Ma
na
ge
me
nt -
2
6
�F
ive
step
ap
pro
ach
for
op
timizin
g b
ran
d p
ortfo
lio
�D
ecid
e o
n b
ran
ds to
rev
iew
�S
ho
rtlist all o
f the
bra
nd
s an
d a
na
lyze
ea
ch o
the
r’s
con
tribu
tion
to th
e co
mp
an
y (co
ntrib
utio
n)
�A
ssess b
ran
ds a
ccord
ing
to cu
rren
t ma
rke
t
pe
rform
an
ce (tra
ction
) an
d fu
ture
pro
spe
cts
(mo
me
ntu
m)
�T
he
bra
nd
s are
classifie
d a
lon
g th
ose
thre
e d
ime
nsio
ns
(con
tribu
tion
, tractio
n, m
om
en
tum
) to id
en
tify ch
alle
ng
es a
nd
op
po
rtun
ities a
nd
en
ab
le b
ran
ds to
be
sorte
d in
to
�P
ow
er: A
bra
nd
tha
t ne
ed
s to b
e d
efe
nd
ed
fero
ciou
sly
�Sle
ep
er: A
bra
nd
tha
t with
a little
track
ing
can
bu
ild in
to a
po
we
r bra
nd
�Slid
er: A
valu
ab
le b
ran
d th
at h
as lo
st mo
me
ntu
m a
nd
ne
ed
s imm
ed
iate
inte
rven
tion
7
Stra
teg
ic Ba
lan
ce o
f Bra
nd
Po
rtfolio
Ma
na
ge
me
nt -
3
7
�So
ldie
r: A so
lid b
ran
d th
at co
ntrib
ute
s qu
ietly
with
ou
t ne
ed
for m
uch
ma
na
ge
me
nt a
tten
tion
�B
lack
ho
le: A
bra
nd
tha
t sucks u
p re
sou
rces a
nd
ma
y or m
ay n
ot e
ver p
ay o
ut
�R
ocke
t: A b
ran
d th
at is o
n its w
ay to
po
we
r-bra
nd
statu
s
�W
allflo
we
r: A sm
all, u
nd
era
pp
recia
ted
bra
nd
with
loya
l custo
me
rs, ofte
n u
nd
er p
rices a
nd
un
de
r ma
rkete
d
�D
iscard
: A b
ran
d th
at sh
ou
ld h
ave
be
en
disco
ntin
ue
d ye
ars a
go
�T
he
ob
jectiv
es fo
r ind
ivid
ua
l bra
nd
are
tied
tog
eth
er in
to a
n o
ve
rall p
lan
, wh
ich w
ill
inclu
de
an
y ch
an
ge
s to th
e ro
ster, b
ran
d a
rchite
cture
an
d re
sou
rce a
lloca
tion
8
Stra
teg
ic Ba
lan
ce o
f Bra
nd
Po
rtfolio
Ma
na
ge
me
nt -
4
8
�S
ix b
ran
d n
am
ing
strate
gie
s
�C
orp
ora
te b
ran
d n
am
e
�C
om
pa
ny n
am
es a
cross virtu
ally a
ll the
ir pro
du
ct ran
ge
�Sh
ell, K
ello
g’s
, Tota
l
�H
ou
se b
ran
d n
am
e
�G
rou
p o
f com
pa
nie
s /bra
nd
s
�V
W g
rou
p
�Fa
mily
bra
nd
na
me
s
�Fa
mily o
f pro
du
cts
�N
estle
9
Bra
nd
Hie
rarch
y -1
9
�M
on
o b
ran
ds
�In
de
pe
nd
en
t bra
nd
s
�P
rocto
r & G
am
ble
(Arie
l)
�V
irtua
l Bra
nd
s
�U
sed
to id
en
tify varia
nts o
f pro
du
cts
�?
??
�D
escrip
tion
�U
sed
to d
escrib
e a
varia
nt o
f a p
rod
uct w
ith d
escrip
tion
�K
no
rr be
ef sto
ck cu
be
s
10
Bra
nd
Hie
rarch
y -2
10
�M
on
olith
ic structu
res
�O
rga
niza
tion
s usin
g o
ne
na
me
an
d
on
e visu
al style
�E
nd
orse
d stru
cture
�C
orp
ora
te id
en
tity use
d in
asso
ciatio
n
with
na
me
of su
bsid
iary /b
ran
d
�C
orp
ora
te d
om
ina
nt
�M
ixed
bra
nd
s
�B
ran
d d
om
ina
nt
�B
ran
de
d id
en
tities
�To
tally d
iffere
nt b
ran
d n
am
es a
nd
visua
l styles
�M
on
o b
ran
ds
11
Bra
nd
Hie
rarch
y -3
11
�C
ho
ices fo
r bra
nd
ing
in in
tern
atio
na
l con
tex
t
�U
se th
e sa
me
bra
nd
in d
iffere
nt co
un
tries
�Le
vera
ge
bra
nd
stren
gth
acro
ss bo
un
da
ries
�M
ain
tain
loca
l bra
nd
s to m
ee
t loca
l custo
me
rs’
pre
fere
nce
s
�C
ho
ose
a b
ran
d stru
cture
or a
rchite
cture
tha
t
suits
�C
orp
ora
te-d
om
ina
nt stru
cture
�P
rod
uct-d
om
ina
nt stru
cture
�H
yb
rid b
ran
d stru
cture
12
Inte
rna
tion
al B
ran
d S
tructu
re -
1
12
�D
ete
rmin
an
ts of in
tern
atio
na
l bra
nd
structu
re
�F
irm-b
ase
d fa
ctors
�O
rga
niza
tion
al stru
cture
�E
xpa
nsio
n stra
teg
y
�M
od
e o
f exp
an
sion
(acq
uisitio
ns, o
rga
nic g
row
th
or stra
teg
ic allia
nce
s)
�T
he
imp
orta
nce
of co
rpo
rate
ide
ntity
�D
iversity o
f pro
du
ct line
s an
d p
rod
uct d
ivision
s
�P
rod
uct m
ark
et ch
ara
cteristics
�N
atu
re o
f the
pro
du
ct ma
rket(s)
�W
he
the
r ho
mo
ge
ne
ou
s ma
rket o
r glo
ba
l con
sum
ers
�M
arke
t inte
gra
tion
an
d co
mp
etito
rs, cultu
ral e
mb
ed
de
dn
ess
of p
rod
uct
�P
rod
uct m
ark
et ch
ara
cteristics
13
Inte
rna
tion
al B
ran
d S
tructu
re -
2
13
�F
rom
mo
no
bra
nd
s to co
rpo
rate
bra
nd
�Sim
ple
r an
d co
st effe
ctive
�M
arke
t com
ple
xities
�C
om
pe
titive p
ressu
re
�F
rom
corp
ora
te b
ran
ds to
mo
no
bra
nd
s
�M
arke
t seg
me
nta
tion
�D
iffere
ntia
tion
to a
void
can
nib
aliza
tion
�Fa
ilure
in fin
din
g syn
erg
ies o
f corp
ora
te b
ran
din
g
�Fro
m co
rpo
rate
bra
nd
s to m
on
o b
ran
ds
�A
nti-g
lob
aliza
tion
mo
ve
me
nts
14
En
viron
me
nta
l Pre
ssure
on
Bra
nd
ing
14
�Lice
nsin
g a
con
tractu
al p
erm
ission
to u
se a
bra
nd
in a
ssocia
tion
with
a d
efin
ed
pro
du
ct, for a
de
fine
d
pe
riod
of tim
e, in
a d
efin
e te
rritory
�A
bra
nd
ow
ne
r can
ex
ten
d tra
de
ma
rk o
r cha
racte
r
from
its prin
cipa
l en
viro
nm
en
t on
to to
pro
du
cts of
a co
mp
lete
ly d
iffere
nt n
atu
re
�Lice
nsin
g ca
n
�E
xpa
nd
the
pro
du
ct po
rtfolio
�D
rive n
ew
reve
nu
e stre
am
s thro
ug
h lice
nsin
g o
pp
ortu
nitie
s
�In
crea
se th
e b
ran
d g
lob
al a
wa
ren
ess
�In
spire
custo
me
r loya
lty an
d b
uild
bra
nd
eq
uity
�Fu
el va
lua
ble
pro
mo
tion
al a
nd
reta
il pa
rtne
rship
s
�M
ake
the
bra
nd
mo
re life
style o
rien
ted
15
Ho
w C
an
Bra
nd
Licen
sing
Bo
ost B
usin
ess?
15
�S
trate
gic Q
ue
stion
s
�W
ha
t is strate
gic b
en
efit o
f licen
sing
?
�W
ha
t are
the
targ
et p
rod
uct ca
teg
orie
s?
�H
ow
is the
licen
sing
strate
gy re
late
d to
the
bra
nd
strate
gy?
�R
eso
urce
s an
d ca
pa
bilitie
s Qu
estio
ns
�D
oe
s the
com
pa
ny h
as e
xpe
rien
ce in
an
d n
eg
otia
ting
an
d d
raw
ing
licen
sing
ag
ree
me
nts?
�W
ha
t is curre
nt n
ew
pro
du
ct de
velo
pm
en
t pro
cess?
�Is th
e co
mp
an
y pre
pa
red
to ca
rry ou
t the
tech
nica
l insp
ectio
n o
f the
licen
see
?
�W
ha
t sup
po
rt will th
e co
mp
an
y offe
r to th
e lice
nse
e?
�D
oe
s the
com
pa
ny h
as re
sou
rces to
imp
lem
en
t the
licen
sing
strate
gy?
�E
nfo
rcem
en
t of co
py rig
hts ?
??
??
??
??
?
16
Bra
nd
Licen
sing
–M
ore
tha
n P
rod
uct E
xten
sion
16
17
Bra
nd
Stru
cture
/ Arch
itectu
re o
f VW
Gro
up
17
Bra
nd
Stra
teg
y P
ositio
ns P
rod
ucts W
orld
wid
e
18
Ca
se S
tud
y
18