Brand Elements Selection Strategies Quiz

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of brand elements according to the text?

To copy competitors' strategies

To confuse consumers

To reduce brand awareness

To differentiate and identify the brand (correct)

Which of the following is NOT considered a brand element according to the text?

Brand name

Product features (correct)

Slogan

Logo

In the context of brand equity, what does a brand element need to elicit?

Limited brand awareness

Neutral brand feelings

Negative brand judgments

Positive brand associations (correct)

What test is mentioned in the text to determine the brand-building ability of a brand element?

'Brand Only' test Signup and view all the answers

What should marketers consider when choosing brand elements?

Elements that create strong, favorable associations Signup and view all the answers

How does the customer-based brand equity model suggest marketers choose brand elements?

To facilitate strong, favorable, and unique associations Signup and view all the answers

What are some ways a company can protect its brands from unauthorized use in other domain names?

Register all conceivable variations of its brand as domain names ahead of time Signup and view all the answers

What role do logos play in building brand equity and awareness?

Contribute to indicating origin, ownership, or association Signup and view all the answers

Which of the following is an example of a nonword mark logo?

Nike swoosh Signup and view all the answers

What is the purpose of registering all conceivable variations of a brand as domain names ahead of time?

To prevent unauthorized use of the brand in other domain names Signup and view all the answers

What do abstract logos convey about a brand?

Designs that may be completely unrelated to corporate names or activities Signup and view all the answers

Which company name listed has no accompanying logo separate from the name?

CocaCola Signup and view all the answers

Which brand element is generally considered most useful for enhancing brand recall?

Brand names and URLs Signup and view all the answers

Which criterion is considered excellent for logos and symbols?

Protectability Signup and view all the answers

Which brand element can convey almost any type of association explicitly?

Slogans and jingles Signup and view all the answers

Which criterion is considered good for characters?

Transferability Signup and view all the answers

Which brand element is considered difficult to adapt?

Brand names and URLs Signup and view all the answers

Which brand element can be closely copied, according to the text?

Packaging and signage Signup and view all the answers

What is one potential drawback of abstract logos?

Consumers may not understand what the logo represents. Signup and view all the answers

Which of the following is a benefit of abstract logos?

They are easily recognizable. Signup and view all the answers

Why might a company choose to use an abstract logo?

When the brand name is difficult to use. Signup and view all the answers

Which of the following is a benefit of slogans mentioned in the text?

They help build brand awareness. Signup and view all the answers

What is a function of slogans according to the text?

To summarize the intent of a marketing program. Signup and view all the answers

Which of the following statements about logos is true?

Logos can be easily adapted over time. Signup and view all the answers

What is the main purpose of conducting an extensive international legal search before spending large amounts of money on consumer research?

To ensure the name does not infringe on any existing trademarks or copyrights in other countries Signup and view all the answers

What is the main reason marketers often search on a sequential basis, testing in each country only those names that survived the legal screening from the previous country?

To save time and resources by not testing names that have already been rejected Signup and view all the answers

What is the main purpose of conducting consumer research on the final candidates for the product name?

To confirm management's expectations about the memorability and meaningfulness of the remaining names Signup and view all the answers

What is the main goal when selecting the final name for the product?

To choose the name that is the most consistent with the company's branding and marketing objectives Signup and view all the answers

What is the practice of registering, trafficking in, or using a domain name with bad faith to profit from the goodwill of a trademark belonging to someone else called?

Cybersquatting Signup and view all the answers

What is the main purpose of a URL (uniform resource locator)?

To specify the location of a page on the web Signup and view all the answers

Study Notes

Brand Elements

Brand elements, also known as brand identities, are trademarkable devices that identify and differentiate a brand.
Main brand elements include brand names, URLs, logos, symbols, characters, spokespeople, slogans, jingles, packages, and signage.

Logos and Symbols

Logos are visual elements that play a critical role in building brand equity and brand awareness.
Logos can be:
- Word marks (e.g., Coca-Cola, Dunhill, Kit Kat)
- Abstract logos (e.g., Mercedes star, Rolex crown, CBS eye, Nike swoosh, Olympic rings)
Symbols are non-word mark logos.

Slogans

Slogans are short phrases that communicate descriptive or persuasive information about a brand.
Benefits of slogans:
- Help build brand awareness by making strong links between the brand and the corresponding product category.
- Serve as tag lines to summarize the descriptive or persuasive information conveyed in ads.

URLs

URLs (uniform resource locators) specify locations of pages on the Web and are commonly referred to as domain names.
Companies need to protect their brands from unauthorized use in other domain names.
Cyber-squatting: registering, trafficking in, or using a domain name with bad faith to profit from someone else's trademark goodwill.

Criteria for Choosing Brand Elements

Memorability: can be chosen to enhance brand recall and recognition.
Meaningfulness: can reinforce almost any type of association, although sometimes only indirectly.
Likability: can evoke much verbal imagery or provoke visual appeal.
Transferability: can be limited, but some brand elements are more adaptable than others.
Protectability: can be protected through legal means.

Choosing Brand Elements

Conduct an extensive international legal search before finalizing a brand element.
Research final candidates through consumer testing.
Select the final brand element based on maximized branding and marketing objectives.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

Test your knowledge on choosing brand elements to build brand equity with this quiz based on Chapter 3 of 'Strategic Brand Management: Building, Measuring, and Managing Brand Equity'. Learn about different types of brand elements, criteria for selection, key tactics, and the rationale for mixing and matching brand elements.