Brand equity is considered a key indicator of the state of health of a brand‚ and its monitoring is believed to be an essential step in effective brand management (Aaker‚ 1991‚ 1992). Both researchers (e.g. Shocker et al.‚ 1994) and practitioners (e.g. Biel‚ 1992) have argued for the importance of understanding the concept of brand equity. Country of origin is another important variable influencing consumer perceptions of brands (Hulland‚ 1999) and brand images (Ahmed et al.‚ 2002). In the present
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Developing Brand Positioning Strategy for Canadian Club Whiskey [pic] Developing branding strategy for Canadian Club A. Assess and fully critique the success of Canadian Club’s repositioning strategies used in the case. Use brand theories and concepts to evaluate the company’s branding strategies listed in the case. According to Keller(1993) the
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Levi Strauss: Creating Brand Equity 1. Analyze the Dockers communications strategy at the time of the launch. How did it fit with past Levi’s advertising efforts? How did it contribute to brand equity? Throughout the years‚ LS&Co. developed a brand reputation of being durable‚ high quality and reliable. In the 1950s‚ product placement of teen idol James Dean made Levi jeans an “essential fashion among the emerging baby boomer generation.” By 1989‚ the baby boomer demographic (25 - 49) were
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Also known as OATS (Orthogonal Array testing Strategy)‚ this is a combinatorial testing method. The Orthogonal Arrays were originally discovered by Monks later absorbed by Statistical groups. Dr. Genichi Taguchi proposed this technique in test design and his technique was known as Taguchi Methods. Orthogonal arrays are two dimensional arrays in which choosing any two columns in the array gives an even distribution of all the pair-wise combinations of values in the array. OATS is effective in
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salespeople responsible for selling extruded titanium products at Quaker Steel and Alloy Corporation. The failure was due to a lack of understanding of the following components: Organization Communication Culture Structure Directives Interpersonal The principle error Maureen made was underestimating how significant company culture could impact decision-making at every responsibility level. Even though Quaker had strict functional reporting lines‚ the organization supported
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COCA COLA – A BRAND EQUITY MODEL study: Brand Asset Valuator Model : In the BAV Power Grid‚ CocaCola will be placed among the companies which are leaders with high earnings or high potential. We may look at the position of CocaCola in the market with respect to the following parameters :- Differentiation : This measures the strength of the brand’s meaning. CocaCola‚ to maintain the differentiated product that it aims to achieve invests 20% of its advertising budget on its differentiating
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A marketing report: Does excessive sales promotion result in dilution of brand equity? Group 4 Amandeep Singh Gandhi Chetna Kirtan Acharya Murthy BBTGS Ravish Malik Sirish CP Vivek Singh Contents What is sales promotion? Why is it required? Decisions involved in sales promotion Types of sales promotion Sales promotion to be used at different stages of the product lifecycle Direct and interactive marketing A special case: Intrusive sales promotion Conclusion What is Sales Promotion
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stationery brand. It is a synonym of exclusivity‚ discreet good taste‚ elegance‚ and British heritage. It was founded in 1887 in London and ever since‚ the brand has received clients such as the Queen Victoria‚ the Royal Family‚ Grace Kelly‚ and Madonna. Besides that‚ Smythson is positioned as the “British Hermès” according to its current CEO Andy Janowski; whom along with the new Design Director Rory O’ Honlon wants to consolidate the brand as an “iconic British luxury leather goods brand”. They want
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Introduction……………………………………………………………………..……..4 Brand Management Issues & Recommended Solutions……………………………....5 Conclusion……………………………………………………………………………..9 Bibliography…………………………………………………………...……………..10 Executive Summary This reports examines various successful hair care companies (Kevin Murphy/TreSemme)‚ and through discussion of various of branding issues encountered‚ the following initiatives are recommended to enhance brand equity through our brand community: Partnership with
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imperative for reaching the target audience. So it is important that we study the consumer perceptions and behavior of the two wheeler owners which with give us feedback on how marketing strategies can be worked. Brand awareness is a marketing concept that measures consumer knowledge of brands existence. In general means the extent to which the associated with a particular product is documented by potential and existing customer either positively or negatively. 1) Mandeep Kaur and Sandhu (2006)
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