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  • Q1
    Is this book aligned with the latest MBA Semester IV syllabus for Product and Brand Management?
    A1

    Yes, it strictly follows the MBA 926-18 syllabus, covering all units, including product management, brand equity, and case studies.

  • Q2
    Is the 2016 question paper included in this book still relevant for current ex
    A2

    While the paper is from 2016, the core concepts and question patterns remain valuable for exam preparation.

  • Q3
    Are there chapter-wise summaries or key takeaways for quick revision?
    A3

    The book is structured with clear explanations, unit-wise breakdowns, and exam-focused content for easy revision.

  • Q4
    Are there practice questions or previous year papers for self-assessment?
    A4

    Yes, it includes a 2016 question paper and case studies for self-evaluation.

  • Q5
    What is the main focus of "Product and Brand Management"?
    A5

    The book focuses on providing a comprehensive understanding of key concepts, strategies, and practices in product and brand management relevant to MBA Semester IV students specializing in marketing.

  • Q6
    How is the content of the book structured?
    A6

    The book is organized into four units covering essential topics, including Introduction to Product Management, Product Planning and Development, Basic Understanding of Brands, and Managing Brand Loyalty, Equity, and Rejuvenation.

  • Q7
    Are there real-world case studies included in the book?
    A7

    Yes, the book includes real-world case studies that illustrate how businesses apply product and brand management strategies, providing practical insights and enhancing analytical skills.

  • Q8
    What practical insights can students gain from this book?
    A8

    Students will gain hands-on knowledge through case studies, examples of successful brand strategies, and techniques for overcoming challenges in product management.

  • Q9
    What role does consumer research play in product and brand management?
    A9

    Consumer research is emphasized throughout the book as a critical tool for understanding customer needs, preferences, and behaviors, which informs product planning, branding strategies, and marketing efforts.

  • Q10
    Does the book discuss the psychological aspects of branding?
    A10

    Yes, the text delves into psychological factors, explaining how consumer perceptions, emotions, and cognitive biases influence brand choice and loyalty.

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Unit 1 : Introduction to Product Management
Unit 2 : Product Planning and Development
Unit 3 : Basic Understanding of Brands
Unit 4 : Managing Brand Loyalty , Equity and Rejuvenation
Case Studies
Question Paper (2016)
MBA 926-18 Product and Brand Management

Course Objective: To create understanding among students for concepts, process, techniques of product and management. The course also aims to familiarize students with the concept of a ‘brand’, the role of branding in marketing strategy; brand equity, its importance and measurement, how to create and retain brand equity; operational aspects of brand management.

Course Outcomes: After studying this course, the students should be able to:
CO1: Understand what a product is, the various levels which make it up, and different types of products.
CO2: Examine various challenges and issues involved in product planning and development.
CO3: Discuss and apply the concepts of test marketing and market entry of a product.
CO4: Recognize the features and importance of a brand and conduct branding research.
CO5: Understand the concept of brand loyalty and measuring brand performance.
CO6: Describe the role of various branding strategies in brand equity management.

Unit I
Product management: meaning, importance of the product manager’s job, planning and control systems for product management, product portfolio planning and analysis, Mapping, understanding company product/brands and competitive brand market position, Impact of global forces on products.

Unit II
Product planning and development: Meaning, objectives, Strategic reasons, processes challenges and issues, Forecasting demand, Estimating market opportunity, test marketing, types, design issues, Evaluation of test marketing results, Market entry decisions - Launching new product programs, National launching of new products, Tracking the launch, absorbing the new product in the mix.

Unit III
Basic understanding of brands: concepts and process, significance of a brand, brand mark and trade mark, Different types of brand: family brand, individual brand, private brand, Co-branding, selecting a brand name. Functions of a brand: branding decisions, influencing factors. Understanding customer-cased
brand equity. Monitoring brand performance. Branding research: Designing and implementing branding research, Brand design and structures.

Unit IV
Brand loyalty: loyalty programs, Building strong brands. Measuring brand performance, Brand extensions. Brand Equity Management: Brand Equity Measurement, Brand Leverage, Global Branding strategies, Brand Audit, Role of Brand Manager, Branding challenges & opportunities. Brand rejuvenation and re-launch, brand development through acquisition takes over and merger, relaunching the brand, need, methods and success rate

Note: Relevant Case Studies should be discussed in class.

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