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STRATEGY
Setting
Chapter 11
HOW can companies combine
products to create strong
co-brands or ingredient
brands?
CO-BRANDING
Co-branding is process in which
two or more well-established
brands are combined into a joint
product
Co-Branding can open
opportunities for new
consumers and channels,
reduces the cost of product
introduction and speeds
adoption.
What are the ways of co-branding ?
SAME COMPANY CO-
BRANDING
Eureka Forbes promotes its
Aquaguard and vacuum
cleaner jointly.
JOINT-VENTURE
CO-BRANDING
Citi Bank and
Indian Oil credit
cards.
RETAIL
CO-BRANDING
Where two or more retail-
establishments use the same
location to optimize space and
profits.
INGREDIENT
BRANDING
A special case of co-branding. It
creates brand equity for
materials, parts or components
that are contained within other
brand products.
Sony camera contains finished CARL
ZEISS lens contained in it.
Sells its own bed and
showers as ‘Heavenly Bed’ and ‘Heavenly Showers’.
Self-brand ingredients:
These slides were created by Ankit Kumar, IIT
Delhi, during a Marketing internship by Prof.
Sameer Mathur, IIM Lucknow