Problem identification: The performance of Ligthwel Match Company in relation to the total match industry had not been very satisfactory for the last two years. Sales have declined and seasonal fluctuations which were a regular phenomenon for the match industry have become more severe than before. Though LMC has a great reputation in India‚ its market share is continuously decreasing. Due to the excise rebate and other incentives‚ the small scale sector has been steadily gaining the market share
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INTRODUCTION Coach‚ Inc. is a designer‚ producer‚ and marketer of a prestige line of handbags‚ briefcases‚ luggage‚ and accessories. The company made its reputation selling sturdy leather purses in unchanging‚ traditional‚ classic styles‚ and it remains one of the best-known leather brands in the United States and has a growing reputation overseas. In addition to its main product line‚ the company offers Coach brand watches‚ footwear‚ and home and office furniture through agreements with licensing
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Branding is a key element of a firm’s marketing strategy. Strong brands help establish the firm’s identity in the market place‚ and develop a solid customer franchise (Aaker‚ 1996; Kapferer‚ 1997; Keller‚ 1998). Owning the number one or two brand in the product category provides manufacturers withas well as providing a weapon to counter growing retailer power (Barwise and Robertson‚ 1992). A strong brand name Theycan also provide the basis for brand extensions‚ which further strengthen the firm’s
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Sources of brand equity The sources of brand equity come from TV commercials‚ sponsorship‚ events‚ promotion‚ logo‚ package and the slogan. Details of each are as follow: TV Commercials: The Main characters in the commercials are always male. This emphasizes the masculine nature of the beer and infers that the beer is for man. Another special point is that quite a number of them are about relationship encounters (e.g. in bars‚ supermarkets etc)‚ this communicates the joy of life. Furthermore
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Introduction Based on Loctite Corporation’s reputation as a high quality manufacturer of adhesives and associated equipment‚ and the unique skills and compensation structure of the Loctite salesforce‚ we do not recommend that Mr. Fox begin a full-scale launch of the Bond-A-Matic 2000. With uncertainties regarding brand image‚ advertising‚ manufacturing‚ sales force training‚ and distribution‚ the launch would not contribute to the company reaching its goal of becoming the premier marketer of instant
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EXTERNAL INDUSTRY ANALYSIS The overall chocolate market in Canada was finding itself in a slow-growth environment with only 2% annual growth projections after 2006 and the industry as a whole had been experiencing a decline in growth. The chocolate market has two distinguished sectors – lower quality‚ more affordable mainstream chocolate and premium‚ higher cost chocolate. The lower quality sector was performing poorly‚ whereas the premium sector was experiencing growth around 20% per year‚ leading
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Ducati Q) How did Ducati become a profitable motorcycle maker despite its small scale? Before its takeover by the American private equity firm Texas Pacific Group (TPG)‚ Ducati went from being one of the top manufacturers of the high performance sport motorcycle industry to being on the verge of bankruptcy. TPG identified Ducati as a high end product with enormous potential for growth but realized that serious change was required if Ducati was to ever fulfill this potential. TPG decided to
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Response2 Article: Toys ’R’ Us Grows in China‚ With ’Tiger Moms’ in Mind By LAURIE BURKITT in Beijing and ANN ZIMMERMAN in Dallas http://online.wsj.com/article/SB10001424127887323622904578128840637201504.html The article is mainly about the basic fact in the global toy industry‚ the Chinese market expression of large toy companies and the future plan of toys ‘R’ Us in China. The Article stands out the importance of culture differences and cultural localization. Toy Industry Analysis—The
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SYNOPSIS Topic: Understanding unfair Competition in Intellectual Property. Authors: Suyash Sinha (Roll: 56) & Vaibhav Tyagi (Roll: 46) [BBA(LLB)Hons.‚ VIIIth Semester] Summary: The idea of unfair competition has been around for some time and was mentioned as one of the ways of protecting intellectual property as early as 1900 in the Brussels revision of the Paris Convention. It can best be seen as practices that distort the free operation of intellectual property and the reward system that it
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Brand Equity A brand represents a “name‚ term‚ sign‚ symbol‚ or design‚ or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competition.” Without a recognizable brand‚ a product is but a mere commodity. It’s more than just a name‚ term‚ symbol‚ etc. – a brand is everything that one company’s particular offering stands for in comparison to other brands in a cate-gory of competitive products. As the value
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