Page 51 - IMDR - Journal of Management Development and Research - March2019-20
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A CASE STUDY ON BRAND MANAGEMENT
Dr. Rajesh Kumar Pandey
Associate Professor - SSR IMR, Silvassa – Permanently Affiliated to SPPU, Pune
CASE STUDY:
INTRODUCTION:
Branding as an exercise has been considered as a standalone function with strategic
input. The Organisations are potentially looking forward to branding exercise, as
important as it considers production or any other such division of Organisations.
Brand management stands out to be a function of marketing that adopts techniques to
enhance the perceived value of a product. Brand Management does have influence on
the pricing of products. Branding has the potential to build loyal customers. The
Organisations while building strong brand must provide a defined direction and
meaning to the product. “What is the Brand all about” need to be explained to
Consumers. The Identity of the brand like the core identity and extended or visual
identity has to be planned.
The modern-day branding has taken the route of associating with the celebrities for
branding. The celebrities provide mileage to the products, the acceptability enhances,
and the credibility gets defined. The Chief Client Officer WPP India Shubha George
states that “Marketers will have to be more upfront with their Brand Ambassadors”.
Taking this notion further of getting the celebrities involved Puneet Das VP
Marketing – India, Tata Global Beverages states that, “The Question is not whether to
use a celebrity or not but to ask who will be the right fit and why?”. Branding has
taken the strategic route long back and the players in the market have understood the
essence of branding. The process of branding travels from identifying and establishing
the brand identity and positioning, continues through planning and implementing the
brand marketing programs, then measuring the brand’s performance and follows with
brand sustenance effort. Branding as a Marketing phenomenon has taken the front
seat and meeting the business goals today shall certainly require the branding
exercise. While this notion holds true, potentially there is another notion which holds
true for the lesser known brands / products which actually meet their business goals
without even spending a penny on branding exercise.
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