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Summary h10 marketing

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All chapters belong together for a summary of the entire marketing subject taught by professor Nathalie Dens in the 1st year of the HI (B), tew and sew bachelor's degrees

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  • October 3, 2024
  • 5
  • 2023/2024
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Marketing Nathalie Dens

Branding decisions
The 3 brand P’s

- Brand promise
= statement that businesses write to describe the value they deliver to customers, sets
expectations for brand experience
o Positioning + vision + value proposition = your brand promise
- Brand performance
= measure of a brand's results against business/marketing goals, when expectations and
experiences of brand match the promise, brand performance is accomplished
o Successful brands = innovators
deliver consistently on their promises, this serves to reinforce the positioning and
credibility of the promise
 Aston Martin, Apple, Airbnb
- Brand positioning
= place the brand occupies in a consumer’s mind
o Positioning
= concerned with processes associated with creating/altering perceptions consumers
have about firm’s products/brand, not about brand’s physicality
o Strategic activity
= used to differentiate and distinguish a brand, so
that a consumer not only remembers the brand
but also understands it
 Branding and positioning = interrelated:

credible position can’t be sustained
without strong brand, brand can’t be
developed/preserved without audience
that perceives its justifiable position in
terms of performance
o 4 elements
 Target (customer)
 Functional needs
 Emotional needs
 Category (brand)
 Benefit (promise)
 Support points




1

, Marketing Nathalie Dens

What is a brand?

- Brand
= name, symbol, words, mark that identifies and distinguishes a proposition or company from its
competitors
o More than a name/logo
it is an organization’s promise to a customer to
 Deliver what a brand stands for, in terms of functional benefits but also
emotional, self-expressive and social benefits
- Dimensions
o Brand awareness
= identification
 Top-of-mind awareness, spontaneous or unaided awareness, aided awareness,
recognition
o Brand associations
= differentiation
 Strong, favourable, unique
- Types
o Manufacturer brands
= sold by manufacturers under own brand name
 Sony, Nike
o Distributor brands
= private label, identities and images developed by wholesalers, distributors, dealers
and retailers
 Kruidvat, albert Hein
o Generic brands
= sold without any promotional materials or any means of identifying the company,
with the packaging displaying only information required by law
o Non-commercial brands
 Idea brands
ideologies, initiatives, or other abstract, non-commercial notions
#MeToo #FridaysForFuture #Keepthegrey
 Person brands
brands that also are real people, human brand, celebrity brand
Cristiano Ronaldo
 Place brands
network of associations based on different expressions of a place
de stad Antwerpen




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