MindMap Gallery [Business and Industry] Chapter 3 Marketing and Brand Management
[Industry and Commerce] Chapter 3: Mind Map of Marketing and Brand Management, including marketing environment, marketing strategy, brand and brand assets, brand strategy, and marketing mix strategy. Friends who are taking the economist exam should not miss it!
Edited at 2023-10-08 10:09:31This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
3. Marketing and Brand Management
3.1 Marketing environment
Macro environment
The main social forces that bring market opportunities and threats to enterprises, and the sum of various environments and factors that indirectly affect corporate marketing activities
P. Demographic environment
E. Economic environment (income factors, consumer spending, savings and credit, economic development level)
E. Natural environment
T. Technical environment
P. Political and legal environment
S. Sociocultural environment
microenvironment
Forces that have a direct impact on a business's ability to serve its customers
Various factors of the enterprise itself (senior managers, other functional departments of the enterprise)
supplier
competitor
Marketing channel enterprise
customer
public
Environmental Analysis
Environmental Threats (Matrix)
Impacts and challenges to the company's existing operations that are or may be caused by changes in the environment
The degree of impact of environmental threats on the enterprise * the possibility of environmental threats occurring
I: Businesses are facing serious environmental crises. Enterprises should attach great importance to it, must closely monitor and predict its development and change trends, and actively take corresponding countermeasures.
II: Although the probability of occurrence is low, once it occurs, it will cause great harm to the enterprise. Enterprises should formulate corresponding measures to avoid harm.
III: Enterprises do not need to worry, but they should pay attention to their development and changes to see if there is a possibility of development and change to other quadrants.
IV:, enterprises should pay attention and prepare corresponding countermeasures
Market opportunity (matrix)
An area that is attractive to corporate marketing management due to environmental changes
Attractiveness of a potential opportunity * Likelihood of the opportunity occurring
I: It is beneficial to the development of the enterprise. The enterprise also has the ability to take advantage of market opportunities and should take positive action measures.
II: It means that the company is temporarily unable to take advantage of these opportunities, but once the opportunity arises, it will bring great potential benefits to the company.
III: Pay attention to its development and changes, and take timely measures based on the changes.
IV: Enterprises have the advantage of taking advantage of opportunities, which requires enterprises to think twice, carefully consider and formulate corresponding measures.
Comprehensive threat-opportunity analysis
Under certain conditions, environmental threats and market opportunities can be converted into each other. Enterprises can use the threat-opportunity matrix to comprehensively analyze and evaluate the market environment.
Threat Level*Opportunity Level Ideal: low threat, high opportunity; Risk-taking: both high; Maturity: both low; Difficulty: high threat, low opportunity
①Ideal business: seize opportunities
②Adventure business: comprehensive analysis, careful decision-making, and striving for benefits
③Mature business: Obtain average profits through regular operations, and you can also accumulate strength to prepare for entering an ideal environment.
④ Difficult business: We must find ways to turn the situation around. If it cannot be reversed, make a decisive decision to give up and find another way to develop.
3.2 Marketing strategy
Strategic Planning
Process: Determine corporate mission->Specify corporate goals->Arrange business portfolio->Develop new business plan
① Determine corporate tasks: The corporate mission statement guides employees in various departments of the company to move toward corporate goals independently and cooperatively.
②Set corporate goals
Category (Marketing Financial Objectives)
Return on investment = profit/total capital invested
Market share, the proportion of a company's sales volume (sales) of a certain product to the total sales volume (total sales) of similar products in the same market within a certain period of time
Sales growth rate = (sales for the current period - sales for the previous period) / sales for the previous period
Principles: Hierarchical, quantifiable, realistic, coordinated
③ Arrange business portfolio
Boston Consulting Group Law
General Electric Company Law: Industry attractiveness * business strength, each divided into three levels: strong, medium and weak
Red: weak/medium weak: harvest or give up
Yellow: Medium/Strong/Weak: Maintain original investment/market share
Green: Strong/Medium Strong: Increase investment and development.
④Develop new business plan
Intensive growth strategy, integrated growth strategy, diversified growth strategy (see Chapter 1)
Target market (STP) strategy
market segmentation
Definition: Through market research, an enterprise divides the overall market of a certain product into several markets with different needs based on customers' different needs and desires for products or services, as well as different purchasing behaviors and purchasing habits. Each small market after segmentation is called a sub-market (differences in consumer demand are the basis for market segmentation)
market segmentation variables
geography
Country, region, city, rural area, area, climate, terrain, traffic conditions, communication conditions, town planning, etc.
population
Total population, population density, number of households, age, gender, occupation, ethnicity, culture, religion, nationality, income, family life cycle, etc.
Psychology (inner mental activity)
Personality, purchasing motivation, value orientation, feelings and preferences for goods and services, sensitivity to product prices, etc.
Behavior (external behavioral manifestations)
Purchase timing, benefits pursued, user status, loyalty, frequency of use, purchase stage and attitude, etc.
Target market selection
Mode selection
①Full access
A clothing company provides clothing for all seasons to customers of all ages.
② Product market concentration
A clothing company only provides winter clothing to elderly customers
③Product specialization
A clothing company provides winter clothing to various customers including children, youth, middle-aged and elderly customers
④Market specialization
A clothing company provides clothing for various seasons to elderly customers
⑤ Selective specialization
A clothing company not only provides spring and winter clothing for elderly customers, but also provides spring and autumn clothing for children.
strategy
①Undifferentiated marketing strategy
Homogeneous market, little difference in consumer demand, or irreplaceable necessities in a certain industry, or seller-specific
②Differentiated marketing strategy
The overall market is divided into several sub-markets, different products are designed and produced, and different marketing mixes are adopted.
③Concentrated marketing strategy
Select one or several market segments as the target market, formulate a marketing mix plan, implement professional operations, concentrate the company's limited resources, and have a large market share in a smaller target market Advantages: local advantages; Disadvantages: unable to adapt to changes and easily cause huge losses
Market positioning
① Positioning based on attributes and benefits
②According to user positioning
③Position based on competitors’ situation
④ Positioning based on price
④Combined positioning
3.4 Brand and brand equity
brand
Brand name Brand logo
type
radiation area
Regional brands, domestic brands, international brands
market status
Leadership brand, challenger brand, follower brand and gap-filling brand
life cycle
New brands, rising brands, mature brands, declining brands
value orientation
Functional value brand, spiritual value brand
using principal
Manufacturer Brands and Intermediary Brands
different uses
Brands of means of production and means of life brands
Price positioning
Ordinary brands (mass brands), high-end brands, luxury brands
different attributes
Product brand, corporate brand, organizational brand
Reputation
Well-known trademarks, famous trademarks, famous brand products, high-quality products, qualified products, unqualified products
Industry
Automotive industry, electrical appliance industry, catering industry, etc.
Brand Equity
Five-star concept model (David Icke)
①Brand awareness
No visibility
Usually don't buy
Tips for visibility
Tips are important
No reminder of popularity
One of the few brands that can be remembered without prompting
Top visibility
Leading brands that can be recalled without prompting
②Brand association
Brand product features
relative price
use
competitors
Country (region)
③Brand loyalty (Core of brand equity)
No loyal buyers
No recognition of the brand and price sensitive
habitual buyer
Buy based on habit, and change products when competitive products have obvious advantages.
satisfied buyer
Brand switching costs are high, so they will continue to buy
emotional buyer
Generates emotional recognition, irreplaceable
committed buyer
Strongly identify with and be proud of
④Brand awareness (perceived quality)
product quality
service quality
⑤Other assets of the brand
It refers to the brand’s trademarks, patents and other intellectual property rights, how to protect these intellectual property rights, how to prevent counterfeit products, and what resources the brand manufacturer has that can bring economic benefits, such as customer resources, management systems, corporate culture, corporate image, etc.
3.5 Brand strategy
Whether the brand has made a decision
It is not necessary to use branded products: such as some commodities that are difficult to ensure uniform quality, or that consumers do not need to identify, or that are not very different, such as electricity, crude oil, coal and other original or primary products. The purpose is to save costs on brand design, production and advertising, reduce prices, and expand sales.
Brand ownership decision
Strategy
Use the company's own brand
Use middleman brands
Use two brands together
Considerations
Promotional fees
When refusing to use the manufacturer’s brand, are there any other channels to sell the product?
When a middleman has its own brand, can it seriously promote the manufacturer's brand? Does the manufacturer have any countermeasures?
Product reputation, if the manufacturer is not as good as the middleman, use the middleman brand
Brand quality decision
Reflect product durability, reliability, accuracy
Family brand decisions
individual brand strategy
Little influence on each other
Unified brand strategy
Save promotion fees
Classification family brand strategy
easy to distinguish
Strategies for using corporate names and individual brands together
Use corporate reputation to save promotion costs
Brand extension decision
Companies apply existing successful brand names to new products, including new packaging, new specifications and new styles, etc.
① It can clarify the positioning of new products and ensure that new product investment decisions are made quickly and accurately. ② Helps reduce the market risk of new products, save expenses, and reduce the cost of new products ③ Help strengthen the brand effect and increase the economic value of the brand ④ Enhance brand image and improve the investment efficiency of the overall brand portfolio
Multi-brand decision
The company decides to operate two or more competing brands at the same time
①A variety of different brands can occupy a larger display area and increase the display proportion of products ② Attract more customers and increase market share ③It helps to introduce a competition mechanism among various product departments and product managers within the company to continuously improve work efficiency. ④Enables companies to develop different markets to increase market share
Brand repositioning decision
Consider: ① Transfer costs; ② Possible benefits
3.3 Marketing mix strategy
Product Strategy
product mix strategy
Four dimensions of product mix
width
The number of different product lines a company operates
length
The total number of product items included in the product portfolio
depth
How many designs, colors, varieties, specifications, etc. are available for each product in the product line?
Correlation
The degree to which an enterprise's various product lines are closely related in terms of end use, production conditions, distribution channels, etc.
Strategy
①Expand product portfolio strategy: width, length, depth
②Reduce product portfolio strategy: width, length, depth
③Product line extension strategy
extend upward
Add high-end products
extend downward
Increase low-end products
Two-way extension
④Product line modernization strategy
Apply modern science and technology
packaging strategy
①Similar packaging strategy
②Individual packaging strategy
③Related packaging strategies
④Grade packaging strategy
⑤ Portion packaging strategy
⑥Reuse packaging strategy or dual-purpose packaging strategy
⑦Packaging strategy with bonus gifts
⑧Change packaging strategy
new product development strategy
New product categories
① Brand new product
② Product replacement (new products require consumers to change their original consumption patterns)
③Improved product (the product is not much different from the original product, the difficulty of improvement is not high, and consumers can use the improved product in the original way)
Development methods are different
①Independent development
②Commissioned development
③Joint development
Joint operations, purchase of patents, franchise operations, outsourced production, cooperative operations, mergers and introduction of technology or proprietary technology
Different degrees of product innovation
①Innovation strategy
②Imitation strategy
Product development timing is different
① Preemptive strategy (advanced, novel)
②Follow-up strategy (follow-up, counterfeit)
Pricing Strategy
Influencing factors
Market demand
cost
market competition
Pricing target
Maintain business survival
short term profit maximization
Maximize market share
④Maintain corporate and product image
High price strategy: well-known company, good image
Low price strategy: targeting ordinary consumers as its target market
Pricing method
cost oriented pricing
cost plus pricing
Product price = unit cost × (1 markup rate) Unit cost = unit variable cost fixed cost ÷ sales volume
target profit pricing
Target price = (total cost + target profit) ÷ total sales volume Target profit = investment amount × investment rate of return
demand-based pricing
Based on the demand intensity and value perception of consumers in the market
cognitive pricing
cognitive pricing
Competition Oriented Pricing
Follow-the-market pricing method (average price level)
Competitive pricing (lower or higher prices than competitors)
Sealed bid pricing method (the bidder with the lowest price wins the bid/contract price)
Pricing Strategy
New product pricing strategy
Skimming pricing strategy (high prices)
Market Penetration Pricing Strategy (Low Price)
Moderate pricing strategy (medium price)
Product portfolio pricing strategy
Product line pricing
Different grades, different prices
Alternative product pricing
Optional or not
Ancillary product pricing
Used in combination with main and attached
By-product pricing
scraps
Product bundle pricing
Product portfolio at low prices
Channel strategy
See Chapter 4
Promotional strategy
Advertising *Personal selling *Sales promotion *Public relations *Direct marketing
Promotional mix
pull strategy
Leverage advertising and public relations to target end consumers
push strategy
Use merchandising and sales promotion to target wholesalers and retailers
Advertising and management
Advertising: on a paid basis
advertising budget methods
Act within your capabilities
percentage of sales method
competitive balance of power
Maintain roughly the same advertising costs as competitors
target task method
Marketing objectives and tasks that advertising should undertake
Personal Selling and Management
is an extremely expensive way to promote Personal selling expenses account for 8% to 15% of total sales, and advertising expenses account for 1% to 3%.
Develop markets, deliver information, promote products, provide services, coordinate distribution, and collect information
sales promotion
Quickly create incentives
Free gifts, discount coupons, special packages, prize sales, store displays, live performances, etc.
public relationship
Establish a good image of the company and its products
Main target, the public
① The external public of the enterprise, such as customers, media, government, social organizations, business groups and competitors
②The internal public of the enterprise, such as the enterprise’s decision-making department and internal employees
direct marketing
Activities in which businesses contact target customers directly without going through middlemen, thereby achieving rapid responses from target customers and cultivating long-term customer relationships.
①Direct mail marketing
② Telephone direct marketing
③TV direct marketing
④Online direct marketing