2.0 REVIEW OF LITERATURE 2.1 THEORETICAL BACKGROUND BRAND PERSONALITY A brand personality can be defined as the set of human characteristics associated with a given brand. Thus it includes such characteristics as gender‚ age‚ and socioeconomic class‚ as well as such classic personality traits as warmth‚ concern and sentimentality. Brand Personality like human personality‚ is both distinctive and enduring. For example‚ one analysis found Coke to be considered real and authentic whereas Pepsi was
Premium Personality psychology Brand Big Five personality traits
Brand Postioning: brand positioning means emphasizing on distinctive characteristic of a product that makes it different from competitor’s product and it appeals to the public. It is the sum of total that differentiates one brand from another. Root Strength: It is the original product‚ value or belief that made a brand great and on its basis brand is now growing. Brand root strength may be a format of a product‚ distinctive features in a product. For example Sony’s first commercial product was
Premium Marketing Brand management Competition
Introduction Brand awareness means the extent to which a brand associated with a particular product is documented by potential and existing customers either positively or negatively. Creation of brand awareness is the primary goal of advertising at the beginning of any product’s life cycle in target markets. In fact‚ brand awareness has influence on buying behavior of a buyer. All of these calculations are‚ at best‚ approximations. A more complete understanding of the brand can occur if multiple
Premium Clothing Consciousness Adolescence
Chapter 1 Related Theory Discussion 1.1 Brand: The American Marketing Association defines a brand as a "Name‚ term‚ design‚ symbol‚ or any other feature that identifies one seller ’s good or service as distinct from those of other sellers." A brand can take many forms‚ including a name‚ sign‚ symbol‚ color combination or slogan. For example‚ Coca Cola is the name of a brand make by a particular company. 1.2 Local brand: A local brand is a brand that is sold and marketed (distributed and
Premium Brand Marketing Logo
The Himalaya Logo: The Himalaya brand has much in common with the mountain range from which it draws its name. For centuries‚ the Himalayas have been an icon of aspiration and of man’s quest to unlock nature’s secrets. They represent purity and lofty ideals. The fact that several of our herbs are sourced from this region emphasizes our brand’s connection with the Himalayas. The logo is a visual definition of brand identity. The leaf that forms the crossbar of the letter H represents the company’s
Premium Ayurveda Brand Brand management
increasing mainly because‚ marketers believe that the celebrities are the most capable spokespersons to their brand. For this reason‚ they spend lump sum amounts of money annually for celebrity endorsement contracts in order to make a long lasting impression and relation between the brand and the celebrity. The brands have been known to be recognized more if a single celebrity has been endorsing the brand for a long period of time‚ which eventually increases the recalling effect of the star with the product
Premium Brand Advertising Marketing
BRAND CANNIBALIZATION: EAT OR BE EATEN With increasing commoditization of brands‚ differentiation is hard to come in every industry. Consumers are now flooded with options‚ single company having several brands in same product category. Positioning‚ targeting‚ segmenting can serve as strategies no more. Rather it is the basic hygiene which any company needs to follow if it needs to sustain in the race for market share. So‚ what should a marketer adopt as a strategy? There are unconventional
Premium Marketing Brand
Brand Analysis 1. What product/brand have you selected? - I have selected Maybelline Volum’ Express mascara for my product to analyze. Purchase Decisions 2. What is the thought process that you go through when you purchase that brand? - When I purchase this particular mascara‚ I begin to look at all of the different types of mascara that they have… I think to myself‚ do I want the length‚ waterproof or not waterproof. Then I begin to look at the prices. 3. Is this a high involvement decision
Premium Advertising Brand Competition
Brand Communication Strategies Q. What is a brand? Ans. Brands are different from products in a way that brands are “what the consumers buy”‚ while products are “what companies make”. Brand is a promise that the product will perform as per customer’s expectations. It shapes customer’s expectations about the product. Brands usually have a trademark which protects them from use by others. A brand gives particular information about the organization‚ good or service‚ differentiating it from others
Premium Brand Brand management
Brand Extensions Brand extension is a marketing strategy according to which a company marketing a product or a service launches a new offering (product or service) that is related to the one of the existing brands of the company‚ but offers different benefits and/or targets a different segment. Organizations use this strategy to increase and leverage upon their brand equity. When a firm is introducing a new product‚ it has the following 3 choices on branding: 1. Developing a new brand for the
Premium Brand Branding Marketing