Moisescu (2005) in a conceptual analysis of brand loyalty‚ as a core dimension of brand equity‚ found out that when the competing brands become more substitutable as the product quality increases‚ differentiation is lower‚ and consumers become increasingly price-sensitive‚ brand loyalty is the key success factor for any company. With these conditions‚ consumers are rarely loyal to a single brand. However‚ it was found that there are still some brands towards which the consumers have demonstrated
Premium Brand Branding Brand equity
TOPIC HOW DOES BRAND IMPACT ON CUSTOMER LOYALTYIN TH UK FASHION INDUSTRY? A CASE STUDY OF RIVER ISLAND Prepared by: Mian Ali Shan Student ID: L0459KKKK0412 This dissertation is submitted to the Cardiff Metropolitan University for the award of the BA (Hons) in business studies. ABSTRACT The study is based on a case study of River Island from which I will be collecting the primary data. The purpose of this research is to show the impacts of brand on customers that how brands are loyal to the
Premium Brand Brand equity Branding
1. Outline several factors attributable to the strong brand equity of Swiss Army. 2. How is Swiss Army capitalizing on its brand equity with products and brand extension? 3. What are some of the potential problems for channels of distribution associated with the prospect of Swiss Army stores? Is the probability of these problems high? 1. Factors attributable to the strong brand equity of Swiss Army • Reputation of Switzerland for making high quality products • Good and consistent quality‚
Premium Product management Brand equity Marketing
in regards to the direction they wish to take their brand. Brand extension or brand stretching is a marketing strategy in which a firm marketing a product with a well- developed image uses the same brand name in a different product category. Brand extensions have been used successfully by many corporate giants‚ such as Arm & Hammer with the starting product being baking soda and extensions such as laundry detergent. However‚ extending the brand isn’t always as lucrative as it may appear. Arizona
Premium Branding Marketing Branding companies
long period‚ products and brands continue proliferate. A good analysis and understanding of brand value and market segmentation is more essential than ever. Based on the theory of brand‚ product‚ market segmentation and target‚ a new product will be developed in the market to improve company’s performance and make profit. The information generated from this report is used for strategic planning‚ resource allocation and tactical marketing. 2.0 Branding What is a brand? It has been asserted (Kennedy
Premium Brand Marketing Branding
Hence‚ what are Ryanair brand key secrets making it so successful? The Keller‘s Customer-Based Brand Equity Model incorporated with Pillars of the Brand were used to make an analysis which helped to answer this question. Ryanair brand was analysed according to such components as brand awareness‚ brand associations (Pillars of the Brand) and brand image. Brand awareness includes the performance of both brand recall and recognition. Evaluating Pillars of the Brand and brand image‚ the set of both positive
Premium Brand Brand equity Branding
With recent declining sales for Mountain Man Beer Company (MMBC)‚ Chris Prangel is considering launching Mountain Man Light as a brand extension aligned with changes in beer drinkers’ preferences. He is seeking to maximize market coverage while minimizing brand overlap‚ and at the same time avoiding any brand equity damage‚ as MMBC’s core consumer segment is significantly different from the new targeted segment. Chris expects to negate declining sales of Mountain Man Lager and capture market share
Premium Brand Brand management Branding
problems and was subsequently grounded. This essay provides a critical analysis of the impact that the financial problems and the grounding of flights had on the Velvet Sky brand. Discussion Velvet Sky seemed to be a true underdog story that had many working class South Africans routing for its success. The Velvet Sky brand to resonated with the South African public. Here we had a little airline championing the cause of South Africans and taking on the heavy weights of the Aviation industry by
Premium Low-cost carrier Brand Airline
drinkers to the brand. However‚ he encounters resistance from senior managers. Mountain Man Lager ’s brand equity is a key asset for Mountain Man Brewing Company. The question is whether Mountain Man Light will enhance it‚ detract from it‚ or irreversibly damage it. Learning Objective: To explore brand equity: its creation and using brands as platforms for growth; the risks and benefits of a product line extension (including congruent vs. incongruent extensions) using an existing brand name; and the
Premium Brand Branding Brand management
Introduction: Brand equity is a conceiving premium value for the brand through marketing strategies by providing a product to consumers. Moreover‚ Brand equity is considered as defensive and offensive types which should be: memorable‚ likable‚ recognizable‚ and transferable. In addition to‚ Brand equity measurement system is a set of processes to deliver accurate information about the brand in order to make tactical decisions on short run and strategic decisions on the long run through: brand audit‚ tracing
Premium Advertising Marketing Brand equity