Brand management PROF. ROSSELLA GAMBETTI; PROF. SHARIFAH ALWI COURSE AIMS The course will deal with brands and branding from a critical and contemporary perspective that looks at the brand and related management issues in the frame of a complex and fast evolving market, technological and socio-anthropological scenario that continuously challenges the brand to change and redefine its role for consumers, companies and the society. The course will develop a cross-disciplinary approach that combines basic and advanced conceptual foundations with up-to-date managerial issues and challenges that the brand must confront to face reality. COURSE CONTENT FIRST MODULE: Prof. Rossella Gambetti The following main topics will be covered: – The scenario that the brand must confront * Evolving consumers: craft consumers, working consumers, prosumers, proams. * Evolving communication modes, technologies and touch-points. * Societal issues (globalization, multi-cultural melting pots, new social spaces). – The basic of brand and brand management * The concept of brand today. * Brand identity and the functions of the brand over time. * The brand positioning concept. * Growing the brand: co-branding and brand extension. * Brand value: rethinking brand equity. – Brand management in the firm * Characteristics and role of the brand manager (responsibilities, tasks and relationship management with communication agencies and research institutions). * Managing the brand portfolio. – Brand communications * From traditional to emergent communication tools. * Developing consistency in the communication mix. – The new challenges of brand management * * * Bonding with consumers (positive bonding vs negative bonding: consumer-brand engagement vs. brand dislike/avoidance). Co-creating brand value (company-consumer interaction, linking value). New brand territories (country/city branding: a trip to Expo; from brand as person to person as brand). SECOND MODULE: Prof. Sharifah Alwi The following main topics will be covered: – Consumer behavior, segmentation and brand positioning process * Understanding consumer insights through mental maps. * Designing brand messages, appeals for different segments. * Points-of-parity (POP) and points-of-difference (POD). * Core brand values and building brand positioning. Case/research discussion with students: Asian region e.g. Malaysia: Whilst Malaysia’s diversity (e.g. Malay, Chinese and Indian) is cause for celebration, the contemporary challenges presented by the changing behavior of diverse consumer groups are many and significant. How will these changes impact brand management and market performance? – Luxury brands and luxury brand management * Creativity element in luxury brand as brand differentiation in luxury context should go beyond functional element. * Introduces the material, symbolic and experiential dimensions of luxury. * Major sectors in the luxury industry: Fashion, Perfumes and Cosmetics, Wine and Spirits, and Watch and Jewelry. * Segmenting, targeting and communicating consumer in the luxury brand context. Case/research discussion with students on luxury brands. – Beyond product/service brand: Introducing corporate brand and corporate brand management. * A new and fresh thinking of how to differentiate a brand and company via corporate brand. * Corporate branding (from extending the marketing logic to embracing corporate citizenship and societal branding). * Using corporate level marketing concepts to achieve long term corporate brand equity. * Moving towards a more long-term success and sustainability of corporate performance. * Corporate brand challenges and stakeholder engagement. * Corporate brand at service level. * Corporate brand and Internet/digital world. Case/research discussion: Yahoo (Digital)/Online corporate brand experience, Accenture (at Service level). READING LIST Attending students A list of references and other course material for attending students will be provided by Professor Gambetti and Professor Alwi at the beginning of their modules. Non-attending students Book J.N. KAPFERER , The new strategic brand management: advanced insights and strategic thinking, Fifth edition, Kogan Page, London, 2012, Chapters: 1, 4, 6, 7, 8 and 13. Academic articles (downloadable in UCSC by accessing international scholarly database, such as EBSCO or ProQuest): J.M. BALMER-E.R. GRAY, (2003) Corporate brands: what are they? What of them?, European Journal of Marketing, 37, 7/8, pp. 972-997. J.M. BALMER, (2012) Corporate brand management imperatives: custodianship, credibility, and calibration, California Management Review, 54, 3, pp. 6-33. B. COVA, (1997), Community and consumption: towards a definition of the linking value of products or services, European Journal of Marketing, 31, 3-4, pp. 297-316. R.C. GAMBETTI, (2010), Ambient communication: how to engage consumers in urban touchpoints. California Management Review, 52, 3, pp. 34-51. R.C. GAMBETTI-G. GRAFFIGNA-S. BIRAGHI, (2012) Grounded theory approach to consumer-brand engagement: practitioners’ standpoint, International Journal of Market Research, 54, 5, pp. 659-687. G. GRAFFIGNA-R.C. GAMBETTI, (2015) Grounding consumer-brand engagement: a field-driven conceptualisation, International Journal of Market Research, 57, 4, pp. 1-25. Z.L. HAMZAH-S.F. SYED ALWI-M.N. OTHMAN, (2014) Designing corporate brand experience in an online context: A qualitative insight, Journal of Business Research, 67, 11, pp. 2299-2310. Y.J. HAN-J.C. NUNES-X. DRÈZE, (2010) Signalling status with luxury goods: The role of brand prominence Journal of Marketing, 74, 4, pp.15-30. M.A. MERZ-Y. HE-S.L. VARGO, (2009), The evolving brand logic: a service-dominant logic perspective, Journal of the Academy of Marketing Science, 37, 3, pp. 328-344. S.F. SYED ALWI-R.V. DA SILVA, (2007) Online and offline corporate brand images: do they differ?, Corporate Reputation Review, 10, 4, pp. 217-244. K.P. WIEDMANN-N. HENNIGS-A. SIEBELS, (2009) Value-based segmentation of luxury consumption behavior, Psychology & Marketing, 26, 7, pp. 625–651. Further recommended readings R. ABRATT-N. KLEYN, (2012) Corporate identity, corporate branding and corporate reputations: Reconciliation and integration, European Journal of Marketing, 46, 7/8, pp. 1048-1063. J.J. BRAKUS-B.H SCHMITT-L. ZARANTONELLO, (2009) Brand experience: what is it? How is it measured? Does it affect loyalty?, Journal of marketing, 73, 3, pp. 52-68. P.J. KITCHEN-S.F. SYED ALWI-N. CHE-HA-P. YEE LIM, (2014) Coupon redemption behaviour: A Malaysian cross-segment investigation, Marketing Intelligence & Planning, 32, 1, pp. 66-88. S.F. SYED ALWI-T.C. MELEWAR, (2015) Corporate Branding: Arenas, Areas and Approaches, Routledge, London. P. SHUKLA, (2010) Status consumption in cross-national context: Socio-psychological, brand and situational antecedents, International Marketing Review, 27, 1, pp. 108-129. TEACHING METHOD The course will be based on critical interactive lessons, group case study discussions, outward field trips in the city brand environment and group project works facing real company issues with relevant in-class presentations. Some brand management experts working either in the company or in the communication agency field will be invited as guest speakers to provide their points of view on the current brand challenges. ASSESSMENT METHOD The final exam will consist of three parts relevant to three distinct assignments that each student is required to take either in a group or on an individual base: – a group in-class presentation relevant to a field trip assignment (20% of the final grade); – a group in-class presentation relevant to a project work facing a real company challenge (30% of the final grade); – a group case study discussion relevant to a business case illustrated in class (20% of the final grade); – a final individual written test composed of two open-ended questions (30% of the final grade). No mid-term exam is scheduled. NOTES Professor Gambetti and Professor Alwi will be available to meet the students by appointment asked by email.