Physique according to him is the basis of the brand. –E.G. the physique ofPhilips is “technology and reliability” while for the brand Tata it is “trust” •Personality is same as Aaker‚ it answers the question “what happens to this brand when it becomes a person?” •Culture symbolizes the organization‚ its country-of-origin and the values it stands for. –E.G. traditional brands like balsara‚ dabur and zandu. Relationship is the handshake between consumer and the organisation. –E.G. the
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Anything is Possible I have recently completed my research work based on American Dream. The title of the research is “Evolution of American Dream: A Comparative Analysis of Fitzgerald‚ Thompson and Walls”. This study area deals with American Dream notion of Americans over eighty five years’ time span; starting from 1920 and ending in early 21st Century. I would admit this that while studying American history I was startled to know about problems of American society in this time period. It was bewildering
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1. What are the pros and cons of the sub-brand strategy? Pros 1. Sub brand can help to advertise mother brand 2. Help to establish brand loyalty 3. Monopolize the market 4. Contained a common ‘Nivea’ message of quality and care 5. Each sub-brand promoted specific product attributes and benefits that best satisfied the needs of its target market Cons 1. Hard to administer all of the products 2. Cannot compete to the professional companies 3. Many products cannot make lot money for company
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ORDER-WINNING AND ORDER-QUALIFYING CRITERIA The terms "order winners" and "order qualifiers" were coined by Terry Hill‚ professor at the London Business School‚ and refer to the process of how internal operational capabilities are converted to criteria that may lead to competitive advantage and market success. In his writings‚ Hill emphasized the interactions and cooperation between operations and marketing. The operations people are responsible for providing the order-winning and order-qualifying
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growing realization that brands are one of the most valuable intangible assets that firms have. Driven in part by this intense industry interest‚ academic researchers and telecommunication industries have explored a number of different brand-related topics in recent years‚ generating scores of papers‚ articles‚ research reports‚ and books. Brands serve several valuable functions. At their most basic level‚ brands serve as markers for the offerings of a firm. For customers‚ brands can simplify choice
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CONCEPT OF BRAND COMMUNITY: BUILDING COMMITMENT IN THE CHARITY SECTOR ABSTRACT The paper introduces a model of brand community development that is extended to the nonprofit sector; a sector that has just recently begun to embrace relationship marketing. It is believed that brand communities represent a unique form of relationship marketing‚ with benefits that are particularly compelling for nonprofits. Indeed‚ the paper reveals that many of the characteristics of brand communities
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Brand extension & brand stretching The two options for doing this are usually called “brand extension” and “brand stretching”. Brand extension Brand extension is a strategy in which a firm launches a new or modified product with a well-developed image by using the established brand name in a same broad market. Organizations use this strategy to increase and leverage brand equity (definition: the net worth and long-term sustainability just from the renowned name). An example of a brand extension is Jello-gelatin
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Novartis‚ a large multinational pharmaceutical company‚ recently diversified by buying Alcon‚ in a £24.8bn deal. Alcon is a producer of eye care products such as contact lenses. Google has diversified by investing £124m in a wind power business. To what extent is diversification the best strategy to achieve profitable growth? Justify your answer with reference to Novartis‚ Google and/ or other organisations that you know. (40 marks) Diversification - Practice under which a firm enters an industry
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you need. – Information paper • The total markefor thisuestion is 60.shown in brackets ach q are • Thesemarks forguide as to how much time to spend on each question. – u this as a Questions labelled with an sterisk (*) • written communication willabe assessedare ones where the quality of your – you should take particular care with your spelling‚ punctuation and grammar‚ as well as the clarity of expression‚ on these questions. Advice Read carefully • Keep each questiontime
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to the customers. They provide a regular training program to all of their employees in order to satisfy their customers. Staff training and development classes are available to all employees. Facilities Petronas also has improve their performance by providing extra facilities. They provides automated teller machine (ATM) and cash deposit machine (CDM) by CIMB. This is easier for the customers that want to use the machine and at the same time want to fill the fuels. Customer services Petronas has
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