PRODUCT & BRAND MANAGEMENT
COMPANY: MILK MANTRA
SECTION X : GROUP 3
Introduction
Branding distinguishes your product.
Very little scope since attributes are almost same.
Positioning has to be smart
Important to measure customers perception.
Design the brand so that the perception is easy and
lasting.
Product Failure!! Ponds
Toothpaste
BRAND ELEMENTS
lk: Plastic pouch
aneer: Silver foiling and plastic
ew: Tetra Packing
Packagin
g
Brand Company Name: Milk Mantra
Name & Brand Name: Milky Moo
Logo: Green and White color
Logo
Brand
Character
and
Mascot
Character:
Happy Cow
RL: www.milkmantra.com
nteractive and informative
ebsite
URL
Slogan: Truly Pure
Slogan &
Jingle
Bases of segmentations:
Psychograph
ic
lifestyle
Personality
Behavioural
Usage rate
User status
Buying motives
Geographic
Region[urban/rural]
locality
Demographi
c
Sociographic
age
Gender
education
culture
Reference group
Which one to choose only on face
Value?
Market segmentation of Milky Moo
Customer based market segmentation
Kids
Women
Calorie conscious
Youth
Health
conscious
Research Methodology: Capturing
Consumer Mindset
Ethnography at points of purchase at OTCs in Saileshree Vihar, ID Market
etc
Free Association
What are the milk brands known to you?
What comes to your mind when you hear Milky Moo?
What do you find unique about this brand?
In what situations do you use the brand?
What are the advantages/disadvantages?
Brand Personality based on:
Sincerity
Excitement
Competent
Sophistication
Ruggedness
Customer-Based Brand Equity Model
The basic premise of the CBBE model is thatthe power of a
brand resides in the minds of its customers. The CBBE
model acts as abranding ladder, or building blocksto guide
a firms marketing programs.
Quality- High
Credibility- Competent,
Innovative, Interesting, Fun
Consideration- Medium
Superior for TG
Good Quality
Low Durability
Good Style and
Design
Relatively
Expensive
High loyalty and
attitudinal attachment in
Resona TG
nce
Judgme
nt
Performance
Feelin
gs
High Social approval,
Self respect, Purity, Fun,
Healthy
Imagery
Appeals to Non Odiya
population, Working
class
Fun, Happy Brand
Salienc
e
Depth of awareness: Medium- Green Omfed, New player
in the market
Breadth of awareness: Low- Limited perceived
consumption situations
AAKERS MODEL
Created by David A. Aaker (Marketing prof. at the University of California-Berkeley
and a Management Consultant at Prophet)
Views brand equity as a combination of brand awareness, brand loyalty and brand
associations, which add up to give the value provided by a product or service
Sees brand identity as consisting of 8-12 elements falling under four perspectives:
Brand as Product- consists of product scope, product attributes, quality or
value of the product, uses, users and country of origin.
Brand as Organisation- consists of organizational attributes, local workings
versus global activities.
Brand as Person- consists of brand personality and consumer brand
relationships.
Brand as Symbol- consists of audio and visual imagery, metaphorical symbols
and brand heritage.
INFERENCE & RECCOMENDATION
Communication : Use of
Cow
Intensive Branding: Mostly BTL
Lack of Exclusive Stores
Scope for concept of Tea/Coffee Joint
Green Omfed Problem
Product Positioning: Exposure &
Engagement
Need for Influence & Action
Product Differentiation:
Packaging Design & Material
More SKUs & Supply Chain
Development
Successful Milky Moo
THANK
YOU !