Course Sheet Course Code MKTG 641 Course Title Brand Management Credits 3 Course Objectives This course will give students an understanding of the process of brand building in a variety of business contexts. There will be special focus on the brands and brand management in the Indian Context. Course Description Course Outline- Major topics followed by subtopics Introduction to Brand Management o What is a Brand o What Can be Branded o Branding Challenges o Strategic brand Management process Customer Based Brand Equity (CBBE) o Concept of Brand Equity o Customer based Brand Equity o Creating Customer Value Brand Positioning o Identifying & Establishing Brand Positioning o Positioning guidelines o Brand Audit o Brand mantras Choosing Brand elements to build Brand Equity o Criteria for choosing brand elements o Options & tactics for Brand Elements Managing Marketing programs to build Brand Equity o New perspectives on marketing o Product, Pricing & Channel strategies Marketing Communications & Brand equity o New Media Environment o Overview of Marketing Communications Options o Developing Integrated Marketing Communications (IMC) programs Leveraging secondary Brand Associations o Conceptualizing the leveraging process o Ways of leveraging secondary brand associations Developing Brand Equity Measurement & Management System o Brand Value chain o Brand Tracking Studies o Brand Equity Management System Measuring sources of Brand Equity o Qualitative & Quantitative techniques o Models of CBBE Measuring Outcomes of Brand Equity o Comparative & Holistic Methods Designing & Implementing Branding strategies o Brand architecture o Brand Hierarchy o Designing of Branding Strategy o Cause Marketing for Brand Equity Introducing & Naming New Products & Brand Extensions o New Products & Brand Extensions o Advantages & Disadvantages of Brand Extension o Evaluating Brand Extension Opportunities o Understanding how Consumers evaluate Brand extensions Managing Brands Over time o Reinforcing & revitalizing Brands o Adjustments to brand Portfolio Managing brands over Geographical Boundaries o Advantages & Disadvantages of Global marketing Program o Building Global CBBE Contemporary Branding Strategy o Strategic Brand Management o What makes a Strong Brand o Special Applications Course Delivery Lectures, Case Discussions, Simulations, Labs, Practitioners sessions Textbook Kevin Lane Keller, “Strategic Brand Management”, 3rd Edition, 2008, Pearson Reference Books & Additional Reading Material Jean-Noel Kapferer, “Strategic Brand Management Creating& Sustaining Brand Equity Long Term”, Kogan Page, 2008 NitishRai Gupta, “The 7 Principles of Brand Management”, Tata McGraw Hill, 2011 KirtiDutta, “Brand Management – Principles and Practices”, Oxford University Press, 2012 M.G. Parameswaran, “Building Brand Value”, Tata McGraw Hill, 2006