Strategic Brand Management: Chapter 4 Quiz

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Questions and Answers

Which criterion for choosing brand elements emphasizes being easily recognized and easily recalled?

  • Memorability (correct)
  • Likability
  • Transferability
  • Meaningfulness

Which criterion for choosing brand elements focuses on being descriptive and persuasive?

  • Meaningfulness (correct)
  • Likability
  • Transferability
  • Memorability

Which criterion for choosing brand elements emphasizes being fun and interesting, rich in visual and verbal imagery, and aesthetically pleasing?

  • Transferability
  • Likability (correct)
  • Meaningfulness
  • Memorability

Which criterion for choosing brand elements focuses on the ability to be transferred within and across product categories, as well as across geographic boundaries and cultures?

<p>Transferability (C)</p> Signup and view all the answers

Which criterion for choosing brand elements emphasizes flexibility and updatable nature?

<p>Adaptability (A)</p> Signup and view all the answers

Which criterion for choosing brand elements is not listed in the given criteria?

<p>Productability (B)</p> Signup and view all the answers

What are the six general criteria to be considered when selecting a brand name?

<p>Memorability, Meaningfulness, Likability, Transferability, Adaptability, and Protectability (C)</p> Signup and view all the answers

What is the most difficult element for marketers to change when it comes to branding?

<p>Brand name (A)</p> Signup and view all the answers

What must an ideal brand element be rich with?

<p>Creative potential (D)</p> Signup and view all the answers

Which of the following is not a sample suggestive brand name according to the text?

<p>Dropbox cloud storage (A)</p> Signup and view all the answers

What is one of the naming procedures mentioned in the text?

<p>Screen initial candidates (D)</p> Signup and view all the answers

In what taxonomy category would 'Quicken Loans' fall according to the text?

<p>Evocative (B)</p> Signup and view all the answers

What are brand names intended to reinforce according to the text?

<p>Market positioning (A)</p> Signup and view all the answers

What is the primary function of brand awareness according to the text?

<p>To provide simple recognition and ease of pronunciation or spelling (A)</p> Signup and view all the answers

Which brand element is described as an art and a science in the text?

<p>Brand name (D)</p> Signup and view all the answers

What should a brand name be transferable to?

<p>A wide variety of product and geographic settings (A)</p> Signup and view all the answers

Flashcards

Memorability

This criterion for choosing brand elements focuses on easily recognizing the brand and recalling it from memory.

Meaningfulness

This criterion emphasizes the descriptive and persuasive nature of brand elements, conveying the brand's essence.

Likability

This criterion highlights the appealing and engaging aspects of brand elements, making them enjoyable and aesthetically pleasing.

Transferability

This criterion ensures that brand elements can be used across various product categories, geographical boundaries, and cultural contexts.

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Adaptability

This criterion focuses on the adaptability of brand elements, allowing them to evolve and be updated over time.

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Protectability

This criterion refers to the legal protection afforded to brand elements, preventing others from using them.

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Creative Potential

Brand elements should be rich with creative potential, allowing for diverse applications and storytelling.

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Brand name

The brand name is the most challenging element for marketers to change once established, as it's the foundation of brand identity.

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Suggestive brand names

Suggestive brand names use words or phrases that hint at the product's features or benefits without directly stating them.

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Naming procedures

Naming procedures involve systematic steps to develop and evaluate potential brand names.

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Evocative brand names

Evocative brand names evoke emotions, images, or experiences related to the brand or product.

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Branding Purpose

Brand names are chosen to reinforce the brand's market positioning and communicate its key value propositions.

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Brand awareness

Brand awareness is the primary function of recognition and ease of pronunciation or spelling, making the brand memorable and easily identifiable.

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Brand names are both an art and a science

Creating a brand name is a blend of both artistic creativity and analytical decision-making, balancing individuality and strategy.

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Transferable Brand Name

A brand name should be transferable to a wide variety of product categories and geographical settings, allowing for brand expansion and diversification.

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Adaptable Brand Name

A brand name should be able to evolve and adapt to changing market trends and consumer preferences.

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Study Notes

Brand Elements Criteria

  • Memorability: emphasizes being easily recognized and easily recalled
  • Meaningfulness: focuses on being descriptive and persuasive
  • Likability: emphasizes being fun and interesting, rich in visual and verbal imagery, and aesthetically pleasing
  • Extendibility: focuses on the ability to be transferred within and across product categories, as well as across geographic boundaries and cultures
  • Flexibility: emphasizes flexibility and updatable nature
  • Uniqueness: is not listed in the given criteria, but is an implied criterion for choosing brand elements

Brand Name Selection

  • There are six general criteria to consider when selecting a brand name

Branding Challenges

  • The most difficult element for marketers to change is the brand name
  • An ideal brand element must be rich with visual and verbal imagery

Brand Name Examples

  • 'Quicken Loans' is an example of a suggestive brand name, which falls under the descriptive taxonomy category
  • 'Yahoo' is not a sample suggestive brand name according to the text
  • The naming procedure of 'PhoneticCab' is mentioned in the text

Brand Purpose

  • Brand names are intended to reinforce the brand's identity and meaning
  • The primary function of brand awareness is to create a favorable impression and stimulate further learning about the brand

Branding Expertise

  • Branding is described as an art and a science
  • A brand name should be transferable to various touchpoints and marketing channels

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