Brand Extensions are an important brand growth strategy The popularity of ‘Brand extensions’ rose since 1990s‚ with the increase in competition and the high costs of developing new brands (Chernatony & McDonald‚ 2002). This concept has been derived by marketers to optimize sales and profits by launching new or modified products under the parent brand name. In definition ‘Brand extension’ is using the leverage of a well-known brand name in one category to launch a new product in a different category
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CASE STUDY: BEL GROUP Leading the Herd Bel Group Centralizes Its Supply Chain Processes and Brings Its Innovative Cheese Brands to a Global Audience B el Group was established in 1865 in a mountainous region of France called Jura. Cheese maker Léon Bel discovered that‚ by melting whole cheese with butter‚ he could create processed cheese with a much longer shelf life. He decided to call his new product La Vache Qui Rit‚ or The Laughing Cow — and a global brand was launched. Over the years
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THE INFLUENCE OF BRAND CONSCIOUSNESS ON INDIAN CONSUMERS TO BUY THE DIAMONDS OF ARCTIC CIRCLE Abstract "This research report is to aid Article Circle Limited of Canada in the exporting of diamonds to the Indian market."A brand is an offering from a known source. Brand Consciousness is more than simply a preference for brand names. The term luxury was limited to only the rich and the elite‚ but today in India‚ disposable incomes and of middle class and upper middle class are increasing
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come up with four fundamentals: (1)improving quality‚ (2)improving service‚ (3)boosting profitability‚ and (4)developing employee skills. And then to link with “six planks”so that to drive these fundamentals in the future. 1/baseline growth: we will profitably grow key brands and key markets - (3)boosting profitability 2/incremental growth: we will selectively invest to grow high potential markets‚ channels‚ demographics‚ and brands - (3)boosting profitability 3/product quality: we will continuously
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office‚ hire staffs‚ and etc. Thus‚ this has reduced the treat to Malindo Airline. Moreover‚ brand awareness is quite important in this industry. Hence‚ to enter this industry not only required high capital but also have to take some time to create brand awareness. Consumers always choose the product or service they really trust. Thus‚ instead of creating brand awareness‚ new entry has to create so called brand loyalty. Hence‚ this is reducing treat to Malindo too. However‚ the government legislation
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Assessment of Professional Competence By: Catherine Snowden Facilitator: Dr. James Siebold‚ PhD LMFT BSHS-335 Ethic and Values for Human Service Professionals In the helping profession‚ it is essential to prove and uphold one ’s competency in a number of ways. Professional must be able to maintain accurate and complete client records. It is the responsibility of the professional to stay current in their area of expertise and receiving continuing education. These professionals must
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Case Analysis Canadian Blood Services I. Introduction Canadian Blood Services (CBS) has a reputation that makes people feel comfortable in knowing that when they donate blood there will be professionals that will take care of them and they receive the satisfaction of knowing they are saving lives. It is this good feeling that brings donors into clinics to donate. However‚ Canadian Blood Services faces challenges in recruiting new blood donors and require increase donation collections to keep
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HOW DOES BRAND LOYALTY AFFECT PERFORMANCE OF A COMPANY: COLGATE CASE STUDY THE UNIVERSITY OF NORTHAMPTON Submitted in partial fulfilment of requirements for the award of a degree in Business Administration The University of Northampton SUPRVISOR: DATE: mm/yy Table of Contents 2 EXECUTIVE SUMMARY 4 CHAPTER1. INTRODUCTION 5 1.1. Background Information 5 1.2. Problem Statement 6 1.3. Purpose of the study 7 1.4. Objectives of Study
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presents various studies made regarding the issues related with hotel industry and customer satisfaction. Customer – Definitions Paul S. Goldner (2006) 1 defines‚ “…a customer is any organization or individual with which you have done business over the past twelve months”. Grigoroudis‚ E and Siskos‚ Y (2009) 2 provide definition for ‘customer’ upon two approaches: With reference to loyalty‚ “A customer is the person that assesses the quality of the offered products and services” and on process
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Page Introduction 3 What is Brand Equity? Role of Brands The Scope of Branding Theoretical Perspectives 4 Brand Equity Models Brand Asset Valuator Brand Resonance Pyramid Building Brand Equity Measuring Brand Equity Managing Brand Equity Conclusion
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