Preview

Toyota Brand Equity

Powerful Essays
Open Document
Open Document
2786 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota Brand Equity
Selma Cihan BA (hons) 6th Semester
ID: …………………………………………
Selma89@hotmail.de
Submitted to London School of Commerce
Toyota
2013
Brand Equity and its measures

Table of Contents 1.0. Introduction: 1 2.0. Brand Equity: 2 2.1.0. Financial perspective: 2 Toyota Financial statement (Example 3 2.1.1. Caculating Brand Equity through discounted cash flow 3 2.2.0. Non-financial perspective: 5 2.2.1. the real and implied brand attributes 5 2.2.2. Importance of a company’s brand logo, symbol or trademark: 6 3.0. Different approaches for building brand equity 7 3.1. Cost based approaches 7 3.2. market-based approaches 8 3.3. Economic use approaches 8 3.4. Formulary approaches 8 4.0. Recommendation and The IMC plan for TOYOTA Prius 8 5.0. Conclusion 10 references 11

Figures list 1. Figure 2.1.0. Toyota Financial Statement……………………………………………………………….3 2. Fiqure 2.2.0 Toyota auris…………………………………………………………………………………………….5 3. Figure 2.2.2 Toyota logo………………………………………………………………………………………………7 4. Figure 4.0 Toyota Prius………………………………………………………………………………………………9 5. Figure 4.0 Toyota Prius in showroom…………………………………………………………………….10

table List
Table 2.1.1. Discounted Cash Flow of Toyota on 2012………………………………………………… 5

1.0. Introduction:
The slogan of Globalization made the competition very tough in the business world due to which organization struggling to make a brand image in market since it is essential for a firm to make a brand image for its profit and survival. It is generally accepted that Businesses are becoming complex and time is passing like flash which compelled the organization to cope with difficult circumstances and make a brand image that helps them to have good revenue and sustainable business. Brand name reduces the choices for consumers as a result they become the loyal customers as well therefore first we should know that what is brand and how we can keep our brand image in market? According to the definition of American marketing association brand means

You May Also Find These Documents Helpful

  • 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

    FTVMS110G

    • 2081 Words
    • 9 Pages

    Brand – refers to the name and iconography of a product, replaces interpersonal communication with the producer, attempts to overlay transformational values for the consumer.…

    • 2081 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A company’s brand is the way a customer perceives them, people tend to do business with companies they are familiar with. If your branding is consistent and easy to recognise, it can help people feel more at ease purchasing your products or services.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    When we mention “BRAND”, 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 relations, appearance, attitude, products, services, advertising, copywriting, Web site design, brochures… your entire company. It’s a mix of both science and art. Creativity strengthens and enlivens brand. But the science of branding is…

    • 557 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Brand image is not something a company can buy. It is created by people’s perception on the brand. If there is a positive vibe about the brand and the products they sell the will be good word of mouth and the brand is likely to become more popular and generates more sales. Therefore, brand image can be reinforced by portraying the best image with every aspect of the brand such as, advertising, packaging, promotions, customer service and word of mouth.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Corporate branding is the keyword in today’s marketing- and communication world. Like many other concepts, branding also covers different approaches and fields of interest. Creating a strong brand is essential to the success of a…

    • 4570 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Holden

    • 5066 Words
    • 21 Pages

    Introduction The new marketing battle for tourism, inward investments and exports sales is intensifying by the day. Countries all over the world are shaping and re-shaping their national identities as they compete with neighbours, regional blocks for power, influence, prestige and wealth. Country branding has become a strategic tool and a process of a country’s competitiveness because having a reputation or none at all seriously reduces a country’s ability to compete at all levels (Brymer, 2003). Furthermore, it is not enough to be in possession of the truth (Anholt, 2003), the reality about one’s country must be communicated coherently and consistently. The notion that a country can be actively marketed to the rest of the world, for growth, tourism, trade, inward investment and positive image is not new. What is a novelty is the word “brand”. Observed Anholt (2003), marketing profession…

    • 5066 Words
    • 21 Pages
    Good Essays
  • Good Essays

    toyota marketing

    • 607 Words
    • 3 Pages

    3. TOYOTA HAS BUILT HUGE MANUFACTURING COMPANY THAT CAN PRODUCE MILLIONS OF CARS EACH YEAR FOR A WIDE VIRIETY OF CONSUMERS. WHY WAS IT ABLE TO GROW SO MUCH BIGGER THAN OTHER AUTO MANUFACTURERS? SUBSTANTIATE YOUR ANSWER BY PROVIDING CONCRETE MEASURES OR INTERVENTIONS THAT TOYOTA HAS DONE OR HAS BEEN DOING.…

    • 607 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Toyota Niche Marketing

    • 2625 Words
    • 8 Pages

    Halliday, J. (2007, June 08). Toyota Turns a Niche Into Anti-Waste Zealotry. Advertise Age, 3.…

    • 2625 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Name is the foundation of the brand. A company’s certain brand. Once in the market, brand name will greatly determine its position in the fight for consumer. It can distinguish the product in a competitive position when its brand name has favourable associations which customers are looking for, or can be positioned in the lower rank when it has negative associations and impressions. Some brands are usually unknown to the customers in the market place while on the other hand some brands show very high degree of awareness. The brands of high awareness have high level of acceptability with customers do not refuse to buy such that as they enjoy the brand performance. Companies are recognizing through their brand and it is the most valuable assets for survival. Customers have many brand choices but they have less time to make a choice. The brands speciality helps the customer in decision making to purchase a right product with less risk and according to set expectation. Brand names are also a promise to customers by maintaining and enhancing the strength over time. It also represent the customers perceptions and opinion about performance of the product. The powerful branch is which decide the mind of the consumer. Its differ the amount of power and worth they have in the market place and most of the customer prefer to buy a branded product because they know this product has been developed by maintaining the protocols, like health and environmental prospective.…

    • 11872 Words
    • 48 Pages
    Good Essays
  • Best Essays

    AP 5

    • 3506 Words
    • 12 Pages

    2.2 The explanation of branding and the process of its usage as a tool to strengthen a business or product, Unilever global brand and its illustration…

    • 3506 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Brand Promotion of Nestle

    • 1539 Words
    • 7 Pages

    “A brand is a name, term, sign, symbol or design, or a combination of them, intended to identify the goods or services of competitors.” In simple terms it is the identification of a product or a service. A brand is a product, service or concept that legally differentiates from other products, services or concepts hence it can be communicated easily and marketed well. “Trademark” is the legal term of brand. A brand can be any combination of name, symbol, logo or trademark, color etc and do not have a fixed lifetime. The expressed forms of brands are its logo and the graphical representation of the particular brand. It is one of the best ways to advertise a product in the market because it becomes easy in identifying the product by its brand name. A good brand must be attractive to the customers and easy to pronounce.…

    • 1539 Words
    • 7 Pages
    Good Essays
  • Best Essays

    A country’s brand can emit a positive or negative aura over all the country’s products and services. Our perception of a place can influence investment, tourism and purchase decisions. Brands, innovation and world class quality helps elevate the perception of Malaysia goods and services shows clear proof that Malaysians and their corporations can compete on a global stage. Branding is, after-all, a mind game. A brand, whether it is a product or a nation is a collection of perceptions. However, we know that to the target market, this perception is reality. If the country manages these perceptions well, a more vibrant, confident and dynamic Malaysia will emerge.…

    • 3563 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Members of the Committee on Brand Valuation Summary The Report of the Committee on Brand Valuation I II Publication of the Report Definition of Brand II-1 II-2 II-3 III Concept of Brand Concept of Brand Value Corporate Brand and Product Brand 5 7 21 22 25 25 25 26 29 29 29 29 31 33 34 34 35 36 36 38 39 40 41 41 43 43 49 58 58…

    • 32057 Words
    • 129 Pages
    Powerful Essays
  • Powerful Essays

    Brand Identity

    • 5068 Words
    • 21 Pages

    The current era is considered the age of competition and the branding is one of the most convenient ways to establish a positive image in the mind of the consumers. However, it is rather difficult task to formulate an image without pondering upon each element that is indulged in the promulgation of some brand. Nevertheless, the brand can be promulgated if proper strategy is applied after selecting the best brand type.…

    • 5068 Words
    • 21 Pages
    Powerful Essays