UNDERSTANDING BRAND EQUITY ANSWERS TO TEN COMMON BRANDING QUESTIONS Kevin Lane Keller Tuck School of Business Dartmouth College UNDERSTANDING BRAND EQUITY ANSWERS TO TEN COMMON BRANDING QUESTIONS One of the most popular and potentially important marketing topics to arise in the 1980 ’s was the concept of brand equity. The emergence of brand equity‚ however‚ has meant both "good news" and "bad news." The good news is that it has raised the importance of the brand in marketing strategy --
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Designing a Brand Hierarchy We all know the recession has drastically impacted consumer behaviors‚ but we may often overlook its direct impact on brands themselves. The recession has changed the way marketers manage their brand portfolios as they try to do more with less. As such‚ marketers are taking a closer look at how then can stretch existing brand equity across a greater number of products‚ often taking a parent brand/sub-brand approach. We generally see four different sub-brand approaches
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FAIR IS FOUL‚ FOUL IS FAIR In the tragedy‚ Macbeth by William Shakespeare‚ the paradoxical theme of "Fair is foul‚ foul is fair" functions throughout the play. The line is a prophecy which means one thing seems like another. It implies especially to the characters that they are not as they seem to be. The Three Witches are the ones who introduce the paradox that runs throughout the play. As this paper develops it will cover more on the different types of deceptions and how it plays an important
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Perception and Attention Sensation and Perception Senses effect a person’s brain information reflecting on the way a person perceives information. The five major senses are vision‚ audition‚ touch‚ taste‚ and smell. If one or more of a person’s senses is not working properly then it can affect their perception. According to Robinson-Reigler and Robinson-Reigler (2008)‚ "early selection theories propose that the processes whereby we designate information for further processing
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The role of perception in Gregor Samsa’s identity crisis (Question 2) "Tabula Rasa"- the theory that individuals are born without essence and are shaped by knowledge and perception- is quite dubious. To what extent does the fact that multiple perceptions of a human being exist affect their identity? German-language writer Franz Kafka’s novella "The Metamorphosis" and one of it’s themes of the struggle to define one’s identity answers some of these questions. Published in 1915‚ this story
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QUESTION: As a manager in an organisation‚ discuss how your study of perception contributes to your understanding of behaviour of people in your organisation. Perception varies from person to person. Different people perceive different things about the same situation. People’s behavior is based on their perception of what reality is‚ not on reality itself. It is our personal perception of that reality which shapes and directs our behaviour and not some objective understanding of external reality
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| Brand Personality | | | | Brand Personality Just like human beings‚ a brand soon assumes a personality. It is a set of characteristics associated with a brand. Drawing analogy with human personality‚ brand personality is unique‚ distinctive and enduring and provides the brand a differentiation from competitive offerings. It is built by the overall experience of the consumer with the brand ‚ which inturn is affected by the expected value from the brand. There are many forces that
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Sensation differs from the idea of perception because perception is how the brain interprets the world around us. It is how we find the meaning in the world. A major part of perception is attention. Attention is what allows us to consciously interpret the world. Selective attention is how our brain picks through various stimuli‚ choosing what we should focus our efforts on. The example in the book of the ambiguous figure comes to mind when I think of perception because it can either be an old hag-looking
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Managing a High Growth Brand 1 One of the main keys for success for Starbucks in building the brand is their focus on quality‚ starting by the quality of the whole bean‚ the freshly roasted gourmet beans‚ its packaging‚ transportation‚ until its brewing. This has served as a main differentiator between Starbucks and other brands. Starbucks has succeeded to position itself as a unique quality coffee provider. Starbucks also managed to build its brand with the perception of a “complete customer
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Branding a Person call Sachin Tendulkar Sachin Ramesh Tendulkar This write up entails information about Sachin Tendulkar’s cricketing feats as well as key insights about the brand called Sachin Tendulkar. 3/22/2013 2 Table of Contents About Sachin ................................................................................................................................................. 3 Career Snapshot .............................................................................
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