Course outcome |
Learning and teaching Strategies |
Assessment Strategies |
On completion of this course, the students will be able to; CO 1: Analyze the concept of brand equity and advantages of creating strong brands. CO 2: Evaluate the three main ways to build brand equity by properly choosing brand elements, designing marketing programs and activities. CO 3: Analyze the different holistic methods for valuing brand equity. CO 4: Evaluate the multidimensionality of brand equity and the importance of multiple methods to measure it. CO 5: Analyse and Measure and manage the brand equity. CO 6: Evaluate the scope of Brand Management activity across the overall organisational context and analyse how it relates to other business areas. |
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
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
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
Measuring and Interpreting Brand Performance: Brand Audit, Brand Inventory, Brand Exploratory, Brand Tracking
Measuring and Interpreting Brand Performance
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
Managing Brand Equity: Brand Reinforcement, Brand Revitalization, Brand Crisis, Brand report card (Kevin Lane Keller)
*Case studies related to entire topics are to be taught.