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What is the difference between a product plan and a brand plan?

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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/15
Salah EL Wetidi
by Salah EL Wetidi , Plant Manager , Future office furniture

Product planning

is a process used to identify and develop new products. The purpose of planning is to make choices about which product ideas a company should invest in.

brand planning is a strategic discipline that focuses on consumers. What motivates and compels selection of a brand? How do the emotional and rational aspects of a brand interact to create and maintain desire?

what the company wants the consumer to feel about their company and products. For example, Volvo's brand plan is - "safe cars". If you notice in any Volvo advertising they always mention how safe

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