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Posted in Community :

Marketing & Branding

 
Industry : Advertising/PR/MR/EventsFunctional Area : Branding(Sales & Marketing)
Activity: 0 referals  138 views;  last activity : 6 days ago

Can advertising contribute directly to brand equity and, if it can,how much value advertising can deliver to brands and firms.Also what about R&D which is found to be positively affect brand equity.New products,new features that firms come up with also helps to a large extent in creating an image of a brand.

Do both of these contribute equally in building a brand or any of them contributes more than the other.

 
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Advertising Vs R&D
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Its not only about India that"jo dikhta hai wo bikta hai" But this is through out the world. see the success of Colgate or CloseUp and failure of even better toothpaste like Babool, promise , Forhans. what is the reason its simple advertising. 

definitely you have to keep innovating, it may go upto the level of r&d too, but that depends on the stage of product in market.


By sujit Kumar, Marketing Consultant and PGP participant, IIM Kozhikode  9 months ago
 
Top Argument
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According to me both are important to build the brand image but if i have to choose one then I would say that R&D which includes new products ,innovative features or characteristics  contributes more in brand management as compared to advertising.Because if constantly you are upgrading your products then it will set a very good example in front of the consumers and they will also feel that the brand is also trying to change with their changing needs.


By Meena Deshmukh, Product/Brand Manager, Videocon Inds  10 months ago
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If you want to make that brand for indian market then advertising is must.As per my market analysis the product which has more marketing that will boom in market specially in indian market .I always prefer few lines for india "Jo dikhta hai wohi india mein bikta hai".And If talkig about market outside india then again advertising is must because they follow same principles but aftre seen its manufacturing company and marketing brand


By alok jain, Regulatory Affairs Manager, student  | 9 months ago
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Effective Advertisement is more necessary than R&D...effective promotion of the product and the brand as whole in terms of ads all over is what gets you sales...just by doing R&D it is not possible to know whether the concept works or not...one has to go out there and practically implement and then take a decision...so according to me advertising is more important...


By Sachin Pande, PR & Media Relations Manager, Mudra Communications  | 10 months ago
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Obviously R & D is most important factor in product development.Brand advertisement of any bad quality product may for very little time impress people ,but ultimately one day it will have to go down and ruin the business.R & D will never result in bad results at all as its motto itself is development.


By BEENA AGARWAL, Head/VP/GM-Corporate Planning/Strategy, ANADI HI TECH AGRO PVT LTD  | 9 months ago
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Advertising without a strong and effective product / service base is of no use.  I guess you need to invest substantially in R&D first and then invest in advertising.


By Hari Prasad K, Head - Custom Solutions and Delivery  | 10 months ago
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Every brand that is put in the market for success after the business plan has to undergo a series of R&D tests. Because a brand needs a positioning and a trigger for it to be tried.

Advertising would naturally come after as R&D would give us the measure of the brand and its positioning with the TG and also a way forward. Most commonly used is a 'vox populi' or 'dip stick' which gives us a direct consumer insight on the brand albeit indifferently as the brand is really not exposed but its strengths are. The interesting point is that these studies are generally conducted with direct end users and vis-a-vis the competition. R&D would certainly mean a 'WAY FORWARD'.


By Makrand Bhave, Marketing & MICE, WIZCRAFT International  | 10 months ago
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