the value of brands‚ which are the anchors of company’s value. Products are introduced‚ they live and disappear but brands endure (Kapferer‚ 1992‚ p. 17). The term ``brand’’ holds multiple meanings. According to John Murphy‚ founder of Inter brand (Ingham‚ 2003)‚ a brand is not only an actual product‚ but also the unique property of a specific owner. Brands are increasingly considered to be the primary capital in many businesses (Ourusoff‚ 1993‚ p. 81). The phenomenon of brand and brand reputation
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The goal of this article by Rego‚ Billett and Morgan is to uncover the relationship between consumer-based brand equity and firm risk from financial angle. Firstly‚ the authors introduced consumer-based brand equity (CBBE) and firm risk which will be the main subject to study in this article. As is indicated in empirical literature‚ market-based brand should not only increase their income but also lower their risks. Also by reducing their risks‚ their value would be increased too‚ thus this will
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VSRD-IJBMR‚ Vol. 2 (8)‚ 2012‚ 434-443 RESEARCH ARTICLE RESEARCH ARTICLE Brand Awareness and Customer Preferences for FMCG Products in Rural Market : An Empirical Study on the Rural Market of Garhwal Region 1 Anupam Jain and 2Meenakshi Sharma* ABSTRACT The purpose of this study is to examine the brand awareness in rural area and to study the interest of consumers in branded products of Fast Moving Consumer Goods (FMCG). The brand awareness is showing increasing tendency everywhere
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(ASSOCIATE PROFESSOR) Department of Information Technology ABV-IIITM Introduction What is Pricing ? • Pricing is one of the four major elements of the marketing mix. • Pricing is an important strategic issue because it is related to product positioning. • Pricing affects other marketing mix elements such as product features‚ channel decisions‚ and promotion. • Pricing is an approach in which marketers put a value tag on a particular product. Pricing
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here are numerous examples of Brand Extension Failures. They are: 1. Coke’s launch of Black Cherry Vanilla Coke and Diet Black Cherry Vanilla Coke failure miserable 2. Pepsi’s Cafechino looks like a disaster in India as very people have actually gone for it 3. Virgin: The company was able to stretch its considerable brand equities from the entertainment to the travel industry. Virgin Airlines is a success. But does anyone remember Virgin cola? Virgin vodka? Virgin jeans? 4. Ready-to-eat
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has a certain image and a multifaceted structure. First studies on country image in the literature belong to the 1930s and 1940s (Katz and Braly‚ 1933; Klingberg‚ 1941). On those years‚ several researches were done on impacts of social psychological processes‚ economic‚ cultural and political events on country image. But in these years‚ national perceptions and prototypes are of particular importance (Katz and Braly‚ 1933; 1943; Klinberg‚1941). Nagashima (1970) considers country image a prototypes
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students of the course named BRAND (MKT 416) so we the group members all got the opportunity clarify our understanding related to the particular course by this assignment which is given by our course our course instructor Md. Anamul Hoque Rubai. In this report we talked about the target market‚ the value of the product‚ the meaning of logo‚ related thing with logo‚ pricing strategy‚ how I will offer the product‚ future plan with forecasting and all other needed materials. The brand or the product we have
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Model for FMCG Industry: 1. Rivalry among Competing Firms: In the FMCG Industry‚ rivalry among competitors is very fierce. There are scarce customers because the industry is highly saturated and the competitors try to snatch their share of market. Market Players use all sorts of tactics and activities from intensive advertisement campaigns to promotional stuff and price wars etc. Hence the intensity of rivalry is very high. 2. Potential Entry of New Competitors: FMCG Industry does not have
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the country being vegetarian majorly‚ the meat sector plays an important role for reaching food industry in the world and comes in the first five ranked agricultural commodities like rice‚ milk‚ sugar‚ and wheat. Currently‚ India is the largest producer of animals in the world. Both animal husbandry and meat industry have a great socio-economic and cultural importance in the country. As per industry research report “Fuelling New Cycles of Success in Food Sector through infrastructure development
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than 1‚000 projects across key marketing and sales disciplines‚ spanning a wide range of industries including consumer packaged goods‚ financial services‚ high tech‚ industrial‚ retailing‚ telecommunications‚ and pharmaceuticals. The McKinsey Marketing & Sales Practice is engaged in work that covers a wide variety of issues for a broad range of companies. We have provided examples of our experience and impact in key marketing disciplines – click on a specific capability below to view.
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