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INSTITUTO POLITÉCNICO NACIONAL

ESCUELA SUPERIOR DE COMERCIO Y ADMINISTRACIÓN

UNIDAD SANTO TOMÁS


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LICENCIATURA EN RELACIONES COMERCIALES

DATAMARKET: BRAND MANAGEMENT

PRESENT:

García Venegas Laura Melisa 2016400563


Macías Rodríguez Adrián 2016400885
Mellado García Fernando Yahvé 2016400984
Núñez Arellano José Carlos 2016401114
Otero Arpaiz Miguel Alejandro 2016401177

5RV1

CIUDAD DE MÉXICO FEBRERO 2019


BRAND MANAGMENT

In Datamarket we work with a dynamic structure that allows


us to adapt without cracks, or tensions, according to the
size of the client.
Small, medium and large companies can position
themselves on the internet. They only need to create their
space in the digital world in a manner commensurate with their size and their
history in the real world, thus achieving recreating the business-consumer link in
this new online world.

Digital marketing achieves the most convenient cost per contact, sending
customized messages for the needs of each audience.
We do not look for clicks, we get sales

Marketing experts will emphasize that the success of any organization or


business is contingent on its branding techniques. Companies like Ralph
Lauren, Coca Cola and BMW have reached monumental levels of business
success because of their exceptional brand management.

What is Brand Management

Brand management is a function of marketing that uses techniques to increase the


perceived value of a product line or brand over time. Effective brand management
enables the price of products to go up and builds loyal customers through positive
brand associations and images or a strong awareness of the brand. Developing a
strategic plan to maintain brand equity or gain brand value requires a
comprehensive understanding of the brand, its target market, and the company's
overall vision.
Brands have a powerful influence on customer engagement, competition in the
markets, and the management of a company. A strong brand presence in the
market differentiates a company’s products from its competitors and creates brand
affinity for a company’s products or services. It takes years to establish a brand,
but when it finally occurs, it has to still be maintained through innovation and
creativity. Notable brands that have established themselves as leaders in their
respective industries over the years include Coca-Cola, McDonald’s, Microsoft,
IBM, Procter & Gamble, CNN, Disney, Nike, Ford, Lego, and Starbucks.

A brand manager is tasked with managing the tangible and intangible properties of
a brand. The tangible aspects of a company’s brand include the product(s), price,
packaging, logo, associated colors and lettering format, etc. These features are
implemented to get the attention of consumers and to differentiate one company’s
brand from another. Some brands are associated with viral jingles, attention-
grabbing catch phrases, or animals that stick to the minds of consumers.
A brand does not only need to be tied to one product. One brand could cover
different products or services.

A brand manager’s role is to analyze how a brand is perceived in the market by


taking the intangible elements of a brand into account. Intangible factors include
the experience that the consumers have had with the brand and their emotional
connection with the product or service.

The intangible characteristics of a brand build


the brand equity. Brand equity is the price above
the product’s value that consumers are willing to
pay to acquire the brand. Brand equity is an
internally generated intangible asset in which its value is ultimately decided by
consumers’ perception of the brand. If consumers are willing to pay more for a
brand than a generic brand that performs the same functions, the brand equity will
increase in value. On the other hand, the value of a brand equity falls when
consumers would rather purchase a similar product that costs less than the brand.

Brand management involves not only creating a brand, but also understanding
what products could fit under the brand of a company. A brand manager always
has to keep its target market in mind when conceiving new products to take on the
company’s brand or working with analysts to decide what companies to merge with
or acquire. A car manufacturing company that merges with a clothing retail
company is hard to fathom and may lead to a disaster for a company’s bottom
line if the reasoning behind its decision is nonsensical.
A brand that has been established has to continually maintain its brand image
through brand management. Effective brand management increases brand
awareness; measures and manages brand equity; drives initiatives that support a
consistent brand message; identifies and accommodates new brand products;
effectively positions the brand in the market; etc. The difference between brand
management success and failure comes down to ongoing innovation. A brand
manager that continuously seeks innovative ways to maintain the quality of a brand
will retain its loyal consumers and gain more brand affinity, compared to one that is
content with the current good name of the company’s brand.

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