Preview

Paddy Power Case Study

Good Essays
Open Document
Open Document
521 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Paddy Power Case Study
2. How did Paddy Power go about building its service brand? What are the unique attributes of the brand?

Alina Wheeler defined branding as a disciplined process used to build awareness and extend customer loyalty (...). Branding is about seizing every opportunity (...), a desire to lead, outpace the competition and give employees the best tools to reach customers. Paddy Power has accomplished to adhere to all those principles, all through their accession to becoming the largest betting firm in Ireland.
The company had to rebrand, to become a broader-based entertainment company and to this extend a number of changes took place to establish their new identity and service brand. The image of a fun, friendly and fair was promoted to differentiate them from the competition and they made changes in their structure to facilitate each one of those elements. Making it fun entailed broadening the appeal of betting, bets on celebrities, elections, stocks, and anything people where interested in became available.
They enhanced the customer’s experience with bigger brighter and better designed outlets, audio and video equipment and interaction terminals. They invested in training their staff to improve the customer’s experience and support their friendly image. They promoted their image of fairness through money back specials, putting emphasis on the circumstances rather than the rules. All those steps where aimed in enhancing the Paddy Power brand. Additionally by creating controversial advertisements and consistently denying to ‘playing by the rules’ they created a buzz around their brand, they became a topic of conversation and that led to enhanced brand recognition and awareness by the public. To demonstrate this we can consider the fact that the Paddy Power brand recognition in Ireland has now reached 90%. All those decisions changed the perception not only of the Paddy Power service brand but the perception of the betting industry.
The closer we examine the

You May Also Find These Documents Helpful

  • Powerful Essays

    Branding is a key to the success of a business. Most people know the slogans and the Logos of all major business. Brands are promoted in lots of different ways for example branding products, and through the…

    • 1188 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    An important marketing technique mainly used is branding. Branding is the entire process involved in creating a unique name and image for a product in the consumer’s minds, and almost act’s as a business’s ‘identity’ as it creates an image for the business. A brand can be a powerful selling tool and can help achieve marketing objectives such as gaining market leadership and raising customer awareness. According to the chartered institute of marketing, the best brands create a special relationship with their customers, based on intangible qualities that evoke strong emotional responses. These might consist of a logo, a general look and feel, a tone of voice and the way the company interacts with its customers.…

    • 1389 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Disney's Branding Approach

    • 3513 Words
    • 15 Pages

    De Chernatony and Mcdonald define brand as an identifiable product, service, person or place augmented in such a way that the buyer or user perceives relevant unique sustainable added values that match their needs most closely…

    • 3513 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    2. Branding is about the totality of a customer's experience. Your brand is about everything you do which impinges on the consciousness of the customer and, more importantly, it is about everything s/he thinks you do. Some experiences carry greater weight than others. Some experiences have been forgotten entirely consciously by your customer, but are nevertheless of paramount importance in the way s/he views you. Customers build brands piecemeal. They build a story about you based upon their experience. They see your products in certain shops. They heard one of your people on the radio. Somebody told them about an experience they had with you - actually, they got the name wrong. Your brand logo reminds them of daffodils. Your customer owns your brand - you do not. Your job is to behave as consistently as possible.…

    • 956 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Branding is an extremely important part of any business; your brand represents the company as a whole and strong branding creates recognition and referrals.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    When we mention “BRAND”, the names that come to our minds would be like Apple, IBM, Infosys, Tata, Addidas, Nike, BOSE, GUCCI, PRADA, and the likes of these. They are brands because they have created a unique name for themselves in their respective segments. When we say “Branding” it means creating an impression, an impression that lasts positively on the mind of the consumer. The important ingredients of creating this impression would be an all-encompassing collection of business principles, business strategy, sales, customer relations, appearance, attitude, products, services, advertising, copywriting, Web site design, brochures… your entire company. It’s a mix of both science and art. Creativity strengthens and enlivens brand. But the science of branding is…

    • 557 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    P&G case study

    • 539 Words
    • 3 Pages

    A branding strategy categorizes which brand elements a company chooses to apply across the various products it sells (Kotler & Keller, 2009). Firstly, market size can be…

    • 539 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Branding is a unique design, sign, symbol and/or words that creates an image that identifies a product and differences from its competitors, this image then becomes associated with levels of quality and satisfaction.…

    • 1147 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Branding is basic. Branding is essential. Building brands builds incredible value for companies and corporations.” (Goodson, 2012)…

    • 512 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Although advertising has been around for centuries, explicit "branding" is a product of the late 1800s and came about during the Industrial Revolution.1 Due to the lack of regulation within certain industries and the prevalence of hazardous products, brands were introduced to increase the reputation and value of a particular manufacturer.1 Much like today, brands were synonymous with certain attributes, like quality and safety, that manufacturers wanted to convey.…

    • 3091 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    The company has four major strategies which are operating in selected categories where their brands have a strategic advantage and offering growth opportunities which are profitable; operating in selected geographies either through their own infrastructure or through partnership; operating a flexible and evolving supply chain designed to service their categories and working with people who share their unique CAN DO values. The company’s major competitors are Mcbride Plc., Kao UK Ltd, Creightons Plc., and Swallowfield Plc. (Marketline, 2012).…

    • 3336 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Summary: There is an argument for Lucky Strike rebranding. The common reasons for some people’s reactions were the rapidity of the rebrand, the superficiality of the logo redesign may reflect on the Lucky Strike trademark value built throughout the years. Furthermore, many also speak of the public’s possible reaction, assuming that a particular loss of trust occurred between the brand and its consumers because of communication inefficiency.…

    • 1014 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Managers need to understand what exactly a Brand is. Branding is a term used very frequently in Boardrooms and in Marketing divisions. How is Brand Building different from Promotional activities like Advertising? What all goes into a Brand for it to be a success? Where do we place Branding in our Marketing Plans?…

    • 385 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Branding creates mental structures that help consumers organize their knowledge about products and services in a way that clarifies their decision making .…

    • 1091 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    The branding strategy is said to be highly effective and it supports the business to raise its effectiveness domestically and internationally. Most prominently, the aim, is just to offer best possible and well-versed products and services that are said to allure customers attention at its best possible manner. This would make sure that the business is growing and flourishing with due smoothness (Burrow, 2008).…

    • 1237 Words
    • 5 Pages
    Better Essays