This course will enable the students to assess customer-based brand equity, brand marketing program design, evaluation methods, and effective brand management strategies, enabling strategic brand enhancement in dynamic markets.
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24MAM425 |
BRAND EQUITY AND VALUATION (Theory) |
CO664: A n a l y z e brand equity models in creating strong brand equity. CO665: Apply advanced skills in Designing and Implementing Brand Marketing Programs. CO667: Evaluate Brand Performance through advanced techniques. CO668: Appraise the brand performance CO669: Manage brand equity through reinforcement, revitalization, and crisis management. CO670: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Customer based brand equity: Brand Equity (Definition), Customer based brand equity (Keller’s framework), Brand Equity Models Brand Asset Valuator, Aaker Model, Brand Resonance Pyramid
Designing and Implementing Brand Marketing Programs: Choosing Brand Elements, Brand Elements Choice Criteria, Developing Brand Elements, Designing Holistic Marketing Activities, Personalization, Integration, Internalization, Creating Brand Association, Attribute association, Benefit association, Attitude association
Measuring and Interpreting Brand Performance: Brand Audit, Brand Inventory, Brand Exploratory, Brand Tracking.
Measuring and Interpreting Brand Performance
Brand Valuation: Cost Based Methods, Historical Cost, Replacement cost, Market Value method, Discounted Cash Flow method, Brand contribution method, inter brand method, Price based methods,
Price premium, Market share equalization, Price premium at Indifference Consumer based Methods: Brand Knowledge, Attribute rating, Blind Test
Managing Brand Equity: Brand Reinforcement, Brand Revitalization, Brand Crisis, Brand report card (Kevin Lane Keller)
· Strategic brand management, Keller,Ambi, Isaac Jacob,Prentice Hall of India, 2016
· Brand Management; Harsh V Verma, 2nd, Excel Books, 2016
· Brand Aid: A Quick Reference Guide to Solving your Branding Problems and Strengthening your Market Position, Brad VanAuken, AMACOM, 2014
· Kapferer .J.N, The Strategic Brand Management-Advanced Insights & Strategic Thinking, 5 edition, 2012.
· Tapan K.Panda, Product and Brand Management,Oxford University Press,2016
· A.K.Chitale, Ravi Gupta, Product and Brand Management, PHI Learning LimitedDelhi, 2016
· Sangeeta Trott,Vinod V.Sople, Brand Equity An Indian Perspective,PHI LearningLimited Delhi, 2016
Suggested readings
· Building Brand Value: 5 Steps To Building Powerful Brands, Parmeswara, M.G.,Tata McGrawHill, 2006
· Chandershekhar, K.S., Product Management- Text, Applications and Cases, Himalayan Publishing Houser, Edition 2012.
· Kevin Lane Keller ,Strategic brand management: building, measuring, and managing brand equity, Prentice Hall, 2013
E resources
· McGrawHill Publishers (23 titles), https://www.expresslibrary.mheducation.com/bookshelf
· Economic Outlook
Journals
· Brand Management
Harvard Business Review