Leveraging Secondary Brand Associations | Co-Branding | Ingredient Branding
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Leveraging Secondary Brand Associations refers to the approach of an organization when they try to strengthen brand equity by associating with other brands.
Leveraging Secondary Brand Associations occurs when the organization uses the positive brand awareness of a parent brand to reach a large number of people for brand extensions.
Leveraging Secondary Brand Associations
Country of Origin & Other Geographic Areas
Brands often link their identity to the country of origin or other geographic areas for differentiating it in the minds of the customer. A consumer associates that product with its area and is often persuaded to make a purchase.
Example - Cigars from Cuba
Channels of Distribution
How a product reaches the consumer adds an important element to how it is perceived by a consumer. If a brand sells its products from a drugstore it is perceived as affordable and reliable whereas if sold from a high-end retail outlet it is perceived as a higher-quality or a luxury brand
Example – Saks Fifth Avenue
Co-Branding
Co-branding occurs when two brands align together for joint marketing of both products or launching a new product in the market. Consumers see co-branding as an opportunity of receiving the benefits of two brands at the price of one.
Example – Starbucks co-branding with Spotify
Ingredient Branding
Ingredient Branding helps to create brand value for a component of a product
Example – AMG from Mercedes
Celebrity Endorsement
Brands often take the help of celebrities to create awareness about their product, shape impressions and boost its credibility in consumer minds.
Example Cristiano Ronaldo and Nike
Sporting, Cultural & Other Events
Sponsored sporting, cultural and other events add value to brand equity and boost brand awareness
Example – Vivo and FIFA
Third-Party Sources
Linking to third-party sources and featuring them in campaigns helps to leverage secondary brand associations.
Example – The Oscars
This video is on leveraging secondary brand associations and it has the following sub-topics.
Time Stamps
0:00 Introduction to Leveraging Secondary Brand Associations
01:13 Country of Origin & Other Geographic Areas
02:05 Channels of Distribution
02:41 CoBranding
03:34 Ingredient Branding
04:33 Celebrity Endorsement
05:37 Sporting, Cultural & Other Events
06:56 Third Party Sources
Видео Leveraging Secondary Brand Associations | Co-Branding | Ingredient Branding канала Marketing91
Leveraging Secondary Brand Associations refers to the approach of an organization when they try to strengthen brand equity by associating with other brands.
Leveraging Secondary Brand Associations occurs when the organization uses the positive brand awareness of a parent brand to reach a large number of people for brand extensions.
Leveraging Secondary Brand Associations
Country of Origin & Other Geographic Areas
Brands often link their identity to the country of origin or other geographic areas for differentiating it in the minds of the customer. A consumer associates that product with its area and is often persuaded to make a purchase.
Example - Cigars from Cuba
Channels of Distribution
How a product reaches the consumer adds an important element to how it is perceived by a consumer. If a brand sells its products from a drugstore it is perceived as affordable and reliable whereas if sold from a high-end retail outlet it is perceived as a higher-quality or a luxury brand
Example – Saks Fifth Avenue
Co-Branding
Co-branding occurs when two brands align together for joint marketing of both products or launching a new product in the market. Consumers see co-branding as an opportunity of receiving the benefits of two brands at the price of one.
Example – Starbucks co-branding with Spotify
Ingredient Branding
Ingredient Branding helps to create brand value for a component of a product
Example – AMG from Mercedes
Celebrity Endorsement
Brands often take the help of celebrities to create awareness about their product, shape impressions and boost its credibility in consumer minds.
Example Cristiano Ronaldo and Nike
Sporting, Cultural & Other Events
Sponsored sporting, cultural and other events add value to brand equity and boost brand awareness
Example – Vivo and FIFA
Third-Party Sources
Linking to third-party sources and featuring them in campaigns helps to leverage secondary brand associations.
Example – The Oscars
This video is on leveraging secondary brand associations and it has the following sub-topics.
Time Stamps
0:00 Introduction to Leveraging Secondary Brand Associations
01:13 Country of Origin & Other Geographic Areas
02:05 Channels of Distribution
02:41 CoBranding
03:34 Ingredient Branding
04:33 Celebrity Endorsement
05:37 Sporting, Cultural & Other Events
06:56 Third Party Sources
Видео Leveraging Secondary Brand Associations | Co-Branding | Ingredient Branding канала Marketing91
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