Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
On completion of this course, the students will be able to;
CO75: Explain the concept of brand equity |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching |
Continuous assessment test, Semester end examinations, Quiz, tutorials, Assignments, Presentation, Individual and group projects |
CO76: Evaluate different brand equity models and their importance. |
|
|
CO77: Review different holistic methods for valuing brand equity. |
Learning activities for the students: |
|
CO78: Examine the multidimensionality of brand equity and the importance of multiple methods to measure it. |
Self learning assignments, Effective questions, Giving tasks |
|
CO79: Measure and manage the brand equity. |
|
|
: Brand Equity
(Definition)
Customer based brand equity(Keller’s framework), Brand Equity Models, Brand Asset Valuator, Aaker Model, Brand Resonance (Brand Resonance Pyramid)
Building Brand Equity
Choosing Brand Elements, Brand Elements Choice Criteria, Developing Brand Elements, Designing Holistic Marketing Activities, Personalization, Integration, Internalization
Creating Brand Association, Attribute association, Benefit association, Attitude association.
Assets & Liabilities of Brand Equity
Brand Loyalty, Name awareness, Perceived quality, Association in addition to perceived quality, Proprietary assets (patents & trademarks, Brand Report Card (Kevin Lane Keller)
Measuring and Interpreting Brand Performance
Brand Valuation: Cost Based Methods, Historical Cost, Replacement cost, Market Value method, Discounted Cash Flow method, Brand contribution method, Inter brand method, Price based methods, Price premium, Market share equalization, Price premium at indifference. Consumer based Methods: Brand Knowledge, Attribute rating, Blind Test
: Measuring Brand Equity
Brand Audit, Brand Inventory, Brand Exploratory, Brand Tracking
Managing Brand Equity
Brand Reinforcement, Brand Revitalization, Brand Crisis
• Strategic brand management, Keller,Ambi, Isaac Jacob,Prentice Hall of India, 2016
• Sangeeta Trott,Vinod V.Sople, Brand Equity An Indian Perspective, PHI Learning Limited Delhi, 2016
• Brand Management; Harsh V Verma, 2nd, Excel Books, 2016
• Kevin Lane Keller ,Strategic brand management: building, measuring, and managing brand equity,Prentice Hall, 2013
• Kapferer .J.N, The Strategic Brand Management-Advanced Insights & Strategic Thinking,5 edition,2012.
• Kevin Lane Keller ,Strategic brand management: building, measuring, and managing brand equity,Prentice Hall, 2013
• Tapan K.Panda, Product and Brand Management, Oxford University Press,2016
• A.K.Chitale, Ravi Gupta, Product and Brand Management, PHI Learning Limited Delhi, 2016
• Building Brand Value: 5 Steps To Building Powerful Brands, Parmeswara, M.G., Tata McGrawHill, 2006
• Brand Aid: A Quick Reference Guide to Solving your Branding Problems and Strengthening your Market Position, Brad VanAuken, AMACOM, 2014
• Chandershekhar, K.S., Product Management- Text, Applications and Cases, Himalayan Publishing Houser, Edition 2012.