lecture 1 introduction (part1)

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Lecture-1 Dated: 22-4-2012

TRANSCRIPT

Page 1: Lecture 1   introduction (part1)
Page 2: Lecture 1   introduction (part1)

1. Attendance (0.5*lectures) 8 marks 2. Quizzes (2.5*2) 5 marks 3. Class participation 5 marks 4. Final Report & Presentation 7 marks Total 25 marks

Sessional Criteria

Page 3: Lecture 1   introduction (part1)

A brand is name, term, sign, symbol , design or a combination of them

intended to identify goods & services of one seller or a group of sellers & to

differentiate from those of the competition

Branding Defined

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Why brand?

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differentiation

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clarity

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loyalty

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What is a brand?

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a good brand elicits thoughts…

a great brand elicits feelings.

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Emotional relationships are stronger than logical relationships. Customers grant more loyalty and leniency to brands that they hold a personal relationship with.