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Individual branding

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Individual branding is the most effective when a company offers numerous unconnected commodities, which vary in quality and price and target different market segments. It is also useful when introducing a new, high-risk product to the market, in order to
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In 2014, 21 brands had annual sales of $ 1 billion to about $ 10 billion, and 11 with sales of $ 500 million to $ 1 billion. The global annual sales of the company was $ 83 billion in 2014.
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Brand separation allows a wider variety of products of different quality to be offered: lower-quality products under their own brand will not weaken the image of higher-quality products;
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is "a branding strategy in which products are given brand names that are newly created and generally not connected to names of existing brands offered by the company." Each
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Each brand can serve consumers in a different way, i.e. brands can work on different markets or appeal to different consumers aims, wishes and so-called 'pains';
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to existing brands if the new product should fail. However, the expected revenue from a new brand must justify the higher costs of marketing and advertising.
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Reduced corporate identity attached to a product allows brands to be positioned differently, so that product brand isn't connected with the company brand;
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Of the company's 400 brands, 14 have a yearly profit of over €1 billion, while the global yearly turnover of the company was €48.4 billion in 2014.
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company (2019). They have a portfolio of 65 brand overall, mostly in the domain of personal and household care. Examples of their brands include:
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Launching new products as their own brand is higher risk: new brands lack acknowledgement and customer loyalty and need to find recognition.
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The company's global reputation is not tied to products: the failure of one product will not affect the company's global reputation.
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operates in 190 countries worldwide. The company has a portfolio that includes the following categories and brands:
693: 58: 47: 141:, even within a same company, has a unique name, identity and image, allowing the company to target different 747: 610: 571: 419: 572:"What is Strategic Business Unit? Definition of Strategic Business Unit, Strategic Business Unit Meaning" 536: 145:, tailor pricing and marketing strategies, and separate the image and reputation of different products. 757: 235: 752: 631: 557: 507: 156:, in which the firm markets all of its product together, using the same brand name and identity. 83: 32: 618: 544: 494: 717: 469:"Concepts and Constructs for Personal Branding: An Exploratory Literature Review Approach" 8: 254: 231: 389: 377: 207: 153: 443: 349: 292: 480: 472: 394: 372: 258: 200:
Instability within a company can occur because of competition between its brands;
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Brand creation incurs a high cost in marketing, advertising and sales promotion;
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Multiple brands may divide the market and split efforts within one company;
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The company has the portfolio of the following categories:
444:"Company Brand vs. Individual Brand: Which Way to Go?" 326:Food and drink: Flora, Algida, Hellmann's, Knorr, 50:. Unsourced material may be challenged and removed. 181:Each brand can use different marketing strategies; 525:. Massachusetts: Blackwell Business. p. 158. 739: 597:Marketing: An introductory text, 6th edition 599:. London: Macmillan Business. p. 99. 484: 318:The British-Dutch consumer goods company 110:Learn how and when to remove this message 38:Relevant discussion may be found on the 466: 225: 740: 520: 341:, Surf, Cajoline, Cif, Persil, Comfort 594: 48:adding citations to reliable sources 15: 148:Individual branding contrasts with 13: 14: 769: 194: 159: 20: 722:Unilever global company website 710: 686: 662: 332:I Can't Believe It's Not Butter 31:needs additional citations for 646:"Top FMCG companies worldwide" 638: 603: 588: 564: 537:"Single vs. umbrella branding" 529: 514: 460: 436: 412: 234:is the world's second largest 1: 405: 172: 467:Zarkada, Anna (2012-01-28). 7: 366: 313: 220: 127:individual product branding 10: 774: 595:Baker, Michael J (1996). 448:www.businessknowhow.com 245:Beauty & grooming: 670:"Our Brands | P&G" 626:Cite journal requires 552:Cite journal requires 521:Mercer, David (1996). 502:Cite journal requires 359:Water purifier: Pureit 261:, Lacoste fragrances, 59:"Individual branding" 748:Branding terminology 477:10.2139/ssrn.1994522 255:Head & Shoulders 232:Procter & Gamble 226:Procter & Gamble 44:improve this article 611:"Umbrella Branding" 373:Branding strategies 230:The American-based 123:Individual branding 698:Marketing Magazine 576:The Economic Times 486:20.500.14279/23580 390:Brand architecture 378:Corporate branding 208:market cannibalism 206:Risk of undesired 154:corporate branding 758:Types of branding 471:. Rochester, NY. 150:umbrella branding 120: 119: 112: 94: 765: 753:Brand management 732: 731: 729: 728: 718:"About Unilever" 714: 708: 707: 705: 704: 690: 684: 683: 681: 680: 666: 660: 659: 657: 656: 642: 636: 635: 629: 624: 622: 614: 607: 601: 600: 592: 586: 585: 583: 582: 568: 562: 561: 555: 550: 548: 540: 533: 527: 526: 518: 512: 511: 505: 500: 498: 490: 488: 464: 458: 457: 455: 454: 440: 434: 433: 431: 430: 424:www.knowthis.com 416: 395:Brand management 334:, Rama, Bertolli 283:Household care: 115: 108: 104: 101: 95: 93: 52: 24: 16: 773: 772: 768: 767: 766: 764: 763: 762: 738: 737: 736: 735: 726: 724: 716: 715: 711: 702: 700: 692: 691: 687: 678: 676: 668: 667: 663: 654: 652: 644: 643: 639: 627: 625: 616: 615: 609: 608: 604: 593: 589: 580: 578: 570: 569: 565: 553: 551: 542: 541: 535: 534: 530: 519: 515: 503: 501: 492: 491: 465: 461: 452: 450: 442: 441: 437: 428: 426: 418: 417: 413: 408: 369: 344:Personal care: 316: 259:Herbal Essences 228: 223: 197: 175: 162: 143:market segments 116: 105: 99: 96: 53: 51: 37: 25: 12: 11: 5: 771: 761: 760: 755: 750: 734: 733: 709: 685: 661: 637: 628:|journal= 602: 587: 563: 554:|journal= 528: 513: 504:|journal= 459: 435: 410: 409: 407: 404: 403: 402: 397: 392: 387: 386: 385: 383:Umbrella brand 380: 368: 365: 361: 360: 357: 342: 335: 315: 312: 308: 307: 281: 227: 224: 222: 219: 218: 217: 214: 211: 204: 201: 196: 193: 192: 191: 188: 185: 182: 179: 174: 171: 161: 158: 135:multibranding, 131:flanker brands 125:, also called 118: 117: 42:. 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Index


verification
talk page
improve this article
adding citations to reliable sources
"Individual branding"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
brand
market segments
umbrella branding
corporate branding
manage risks
market cannibalism
Procter & Gamble
FMCG
Always
Gilette
Head & Shoulders
Herbal Essences
Max Factor
Old Spice
Oral-B
Pantene
Tampax
Ace

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