Preview

Intro to marketing

Satisfactory Essays
Open Document
Open Document
820 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Intro to marketing
Brand Mantra’s
The Elevator Speech







Portrays brand associations and responses for a target market. Shows how it is actually perceived. Ask consumers “What comes to mind when you think about V8?”
Then brand associations are grouped into categories. Set of abstract concepts or phrases that characterize the five to ten most important dimensions of the mental map of a brand
Relate to points-of-parity and points-ofdifference

Mental map  Core brand values  Brand mantra An articulation of the “heart and soul” of the brand
Similar to “brand essence” or “core brand promise”

Short three- to five-word phrases that capture the irrefutable essence or spirit of the brand positioning and brand values
Considerations
◦ Communicate
◦ Simplify
◦ Inspire







The brand functions describe the nature of the product or service or the type of experiences or benefits the brand provides.
The descriptive modifier further clarifies its nature. The emotional modifier provides another qualifier—how exactly does the brand provide benefits, and in what way?





Used internally to guide decisions- what the brand should and should not be associated with. Brand Mantra Considerations

◦ Communicate: define the business and boundaries; clarify what is unique about the brand
◦ Simplify: Memorable, short, vivid, and crisp.
◦ Inspire: Have higher level meaning from employees and consumers.

Brand Mantra’s
The Elevator Speech







Portrays brand associations and responses for a target market. Shows how it is actually perceived. Ask consumers “What comes to mind when you think about V8?”
Then brand associations are grouped into categories. Set of abstract concepts or phrases that characterize the five to ten most important dimensions of the mental map of a brand
Relate to points-of-parity and points-ofdifference

Mental map  Core brand values  Brand mantra An articulation

You May Also Find These Documents Helpful

  • Good Essays

    Marketing Chapter 6

    • 537 Words
    • 3 Pages

    Lands' End clothing catalogue retailer offers a satisfaction guarantee on all merchandise it sells. In other words, Lands' End gives its customers a(n) _____ warranty.…

    • 537 Words
    • 3 Pages
    Good Essays
  • Better Essays

    P1 Intro to Marketing

    • 1121 Words
    • 5 Pages

    Marketing is the act of publicising products and offers to customers to get them to want to buy it; this could be via the television, a poster or radio. Marketing always has the customer at the centre of its activities and wants to build customer relationships in order to keep them coming back. Another definition of marketing is the actual action of selling an item or service to customers, like in a retail shop for example.…

    • 1121 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    For this part of assignment I will compare similarities and differences of the marketing techniques both businesses carry out, even though Lidl and Tesco are in the same type of market, they achieve their market success in different ways.…

    • 401 Words
    • 2 Pages
    Satisfactory 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
  • Satisfactory Essays

    Marketing Questions

    • 617 Words
    • 4 Pages

    1. The four components of the promotional mix are: personal selling, advertising, publicity and the web…

    • 617 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Marketing planning is the plan that helps meeting goals and objectives within the plan of action, trying new things also evaluating the performance against marketing targets…

    • 709 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Marketing Principles

    • 2341 Words
    • 10 Pages

    PLAGIARISM Plagiarism is the act of representing as one’s own original work the creative works of another, without appropriate acknowledgement of the author or source. To avoid plagiarism – it is required that you write your assessment answers in your own words, but, also reference any sources of information using the Harvard Referencing system (please ask your Trainer/Assessor if you require support with this). COLLUSION Collusion is the presentation by a student of an assessment as his or her own which is in fact the result in whole or in part of unauthorised collaboration with another person or persons. Collusion involves the cooperation of two or more students in plagiarism or other forms of academic misconduct and as such both parties are subject to disciplinary action. Collusion or copying from other students is not permitted and will result in a “0”…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Introduction to Marketing

    • 1009 Words
    • 5 Pages

    A. Describe the environment, as viewed by Michael Porter’s model of competitive forces, that Valuejet was trying to compete in. consider competition, suppliers, customers, new entrants, substitute products? The five competitive forces that shape strategy are competition, suppliers, customers, new entrants, substitute products. Michael E. Porter demonstrates how the five competitive forces can be used in any industry. The results from all five forces not only look at the narrow aspect of competition rivals but as well as broader aspect of competitive interaction within an industry. These five competitive forces can also be used in the case of Valuejet. Competition within the airline industry is highly competitive, even though the airline industry is among least profitable industry. The fights between competitors in the airline industry are exclusively on price try to give the customer lowest prices possible. Valuejet push the envelope too far while trying to cut their operating cost in order provide their customer with the best price. Since consumers are very price sensitive and are using online travel agencies such as Orbitz and Priceline to compare prices between companies. Making the airline industry ever more competitive and even harder for new entrants. Valuejet use suppliers or services such as SavreTech as subcontractors, in which could help Valuejet lower its cost and help lower the price for the customers. ValueJet also beat their substation by providing customers a faster and more convenient of traveling compare to taking a bus or train to their destination.…

    • 1009 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Marketing Chapter 2

    • 1549 Words
    • 6 Pages

    (b) House of Hunan, Fairlawn, has quality Chinese, Thai, vegetarian, & sushi choices. Ambiance is reminiscent of old Chinatown and it is often full of patrons. Great chicken dishes, good dumplings, and very good quality beef. Service is good, food is fresh and satisfying, and the price is fair value.…

    • 1549 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The Primary research is divided into 6 categories; here you can see them below and how much companies use this type of research.…

    • 1252 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    marketing questions

    • 13867 Words
    • 56 Pages

    ____ 2. The function of _____ is to address "what if" questions. It entails planning, collecting, and analyzing data relevant to marketing decision making, and the communication of the results of this analysis to management.…

    • 13867 Words
    • 56 Pages
    Good Essays
  • Good Essays

    Marketing Questions

    • 1230 Words
    • 5 Pages

    The total amount of insurance premiums paid in 2011 is equal to the insurance expense for 2011 plus the ending balance in prepaid insurance and less the beginning balance in prepaid insurance.…

    • 1230 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    3) Relationship marketing is the development and maintenance of long-term, cost efficient relationships with individual customers, suppliers, employees, and other partners of mutual benefit. It fits into the marketing concept in the form of strategic alliances. Companies realized that there is more benefit to working with suppliers than against, through product development partnerships that involve shared costs for research and development and marketing.…

    • 642 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Aaalecture Note

    • 1110 Words
    • 5 Pages

    Defines the values and brand attributes that need to be communicated to the consumer in a distinctive and compelling way that takes advantage of the medium…

    • 1110 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    URLs Logos Symbols Characters Spokespeople Slogans Jingles Packages Signage Criteria Memorable Meaningful Likable Transferable Adaptable Protectable Communication methods Market & Consumer 1.1 Memorability A good brand not only reflects the product connotation, but also converts the product attitude and commitment to customer.…

    • 1500 Words
    • 8 Pages
    Good Essays