text archive of this journal is available at www.emeraldinsight.com/0263-4503.htm Corporate branding versus product branding in emerging markets A conceptual framework Henry Yu Xie College of Charleston‚ Charleston‚ South Carolina‚ USA‚ and David J. Boggs Eastern Illinois University‚ Charleston‚ Illinois‚ USA Abstract Purpose – To build a conceptual framework for the development of branding strategy from the pint of view of a Western firm entering a market in a developing economy. Design/methodology/approach
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of +1% while the iPhone sold 1.7 mm units. So how is Apple able to deliver consistent sales and profit growth in tough recessionary times with premium pricing while many of its competitors deliver poor results. In a phrase --it’s their superior branding strategy. A company’s brand name is often its most valuable asset. Simply put a "Brand" is a name that consumers associate positive or negative benefits or attributes about a particular product‚ service or company. Many people think of brands as
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Think Big in Small Things Challenges and Opportunities of Ingredient Branding Waldemar Pfoertsch 2006 The brand in the brand “Ingredient Branding“ Jackson‚ Tim (1997) Ingredient Branding examples • Microban • Made of Makrolon • GoreTex • Dolby Stereo • Nirosta Pfoertsch/Mueller (2005) 1 Brand extension examples of ingredient branding • Beechnut baby foods with Chiquita banana‚ • Ben and Jeny’s Heath Bar Crunch ice cream‚ and Fat Free Cranberry Newtons with Ocean Spray cranberries
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international marketing world today is whether global branding is better then local branding. Consumers all over the world have many different opinions on whether they like purchasing products from big corporate‚ multicultural companies or the local mom and pop shops that they have grown to know‚ and became comfortable with. The pros and cons of both global and local branding vary from good and bad. In my opinion local branding are still superior to global branding in the society today. There are many commodities
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alignment * Understanding – 24/6 x 365 * Consistency * Presence – consumer “buzz” * Differentiation – distinct/ unique * Brand Strength * Gainers * Innovation * Emotional Connection * Investment * Value Proposition * Losers * Not In Tune * Unclear Brand Identity/ CVP * Lack of Investment * Lack of focus on core * Conjoint Analysis
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5. Communalities…………………………………………………………………………………….34 6. Component Score coefficient Matrix…………………………………………….……..35 7. Private Label Strategy………………………………………………………………………….36 8. Segmentation Strategy………………………………………………………………….…….37 9. Product Vs Store Branding……………………………………………………………..……37 10. Key Differences………………………………………………………………………………..….39 Content of figures 1. Determinants of Success of Private Labels……………………………………………17 2.
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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
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Country Of Origin Image The Country of Origin Image or COO can be described as the motivation behind the tendency for consumers to make buying decisions‚ guided by their perception of the country which is associated with the purchased product. It is essentially one of the building blocks for brand equity when introducing new products into new markets internationally. This could be attributed to consumer’s need to make quality inferences via brand cues‚ which will help them move forward faster
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innovation 2. Should Nivea run a corporate brand or umbrella ad for all of their product? Definition of corporate branding • Corporate branding refers to a company applying its name to a product. The product and the company name become the brand name. The company can advertise several of its products under a single brand name in a practice referred to as family branding or umbrella branding. Explanation of umbrella advertising The advertising of an organization or an association of companies rather
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Already Know About Products • How to define a product • How to classify a product – Consumer v business products – Different types of consumer products • The product life cycle • There are different levels of product: – Core benefits – Branding‚ design‚ quality – Support aspects: guarantees‚ after-sales service What Is Managing Products About? • Ensuring we have the right product mix to maximise profits. This involves: – Developing new products – Managing products through their
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