QUESTION TO ANALYZE From the activities that we do, what do we need to do in order to have a good brand name? BRANDING According to American Marketing Association, “Brand is a name term, sign, symbol, or design, or a combination of them which is intended to identify the goods or services of one seller or a group of sellers and to differentiate them from those of competitors.” https://www.bibliography.com/apa/apareference-page-examples-and-format-guide/ https://www.easybib.com/guides/citationguides/apa-format/how-to-format-an-apareference-page/ https://www.scribbr.co.uk/referencing/apastyle/ https://www.slideshare.net/CxarinaRamirez1/a paamericanpsychologicalassociationpptx https://www.studocu.com/enus/document/university-of-the-people/onlineeducation-strategies/apa-activity-7thedition/11267333 https://libguides.wpi.edu/c.php?g=355243&p= Brands are made up of following elements 1. Logo – is the visual trademark that identifies the brand. Many products are recognized by their logo. 2. Name – name is the other element of the company. Every business must have a name and two companies cannot have the same name. It is an important element as the name is unique and distinctive to every company. 3. Tagline or Catchphrase – all marketers try to keep a tagline that becomes a symbol of recognition for the product. The more catchy the tagline, more popular it becomes with the consumers. It is more significant when the consumers are children or teenagers. 4. Graphics – these are the special visuals used by the company which can be seen and identified from afar. 5. Shapes – The distinctive shapes are trademarked elements of a particular brand. 6. Colors – in visual signs, colors play a very big role. Sometimes a color becomes the symbol of recognition. Therefore the companies try to choose a bright color to become easily noticeable by the consumer. 7. Sounds – A unique tune or set of notes can denote a brand. 8. Tastes – in hospitality industry, taste is of utmost importance, particularly when it cannot be duplicated. 9. Movements – the companies, such as in automobiles business must focus on special movement features which the competitor does not have. 10. Customer relationship management – every business tries to not only woo customers but also tries to retain them by using various CRM tec Ghniques. 6 Different types of brand names: 1. 2. 3. 4. 5. 6. Founder Names Descriptive Names Fabricated Names Metaphor Names Acronym Names Real Word Name 1. 2. Names After Founder Using the names of real people, especially a founder’s /owner’s name. 2. Descriptive Descriptive names work by telling you exactly what the company does. These names convey the nature of the business. Descriptive name can be much harder to own and protect. 2. Descriptive Seven Eleven name was inspired by the store hours of operation from 7AM to 11PM Volkswagen name means People’s Car in German 2. Descriptive Coca-Cola name is inspired by two main ingredients: Coca leaf and Cola nut. Samsung name translates to “three stars” in Korean 3. Fabricated Names Invented names by changing, adding or removing letters or combining two or more words for impact. Made-up names are distinctive and might be easier to copyright. 3. Fabricated Names Skype name was generated from tech term Sky-Peer-toPeer. Zara name comes from the founder’s name Zorba. 3. Fabricated Names Hotmail name origins from HTML Intel name is a mix of first syllables of Integrated Electronics. 4. Metaphor Names They work by reflecting imagery and meaning back to the brand. Metaphor names are interesting to visualize and often can tell a good story. 4. Metaphor Names Nike name is taken from Greek greek mythology – Nike is a greek goddess of victory Amazon is named after the largest river in the World. 5. Acronym Names Acronyms are just short-hand version of descriptive name. Some acronyms are more strategic. These names are difficult to remember and difficult to copyright. 6. Real word Names Sony name comes from the Latin “sonnus” for sound. 6. Real word Names Sharp name is takes from it’s first product – ever sharp mechanical pencil. Group Activity Yes it fits! Match the different company names in column A to the types of brand naming used by each in coming up its name in column B. ( Group Presentation follows Valuing When can we say that a product has a good brand name? Why is there a need for us to understand the ways and steps in naming the brand of our product? Assessment Do the following: In a ½ sheet of paper Develop a brand name of the following local product: 1. TAMALOS 2. BULAD/DRIED FISH 3. BIKO RUBRIC Organization of thoughts -----------Creativity -----------Language ------------- 5 TOTAL ------------15 5 pts. 5 pts. pts. pts. Assignment 1. What are Components of Comprehensive Brand Strategy a