1990’s‚ Tata Steel was Asia’s first and India’s largest integrated steel producer in private sector. In 2003‚ Tata Steel declared a turnover of Rs 98.44 billion with a profit after tax of Rs 10.12 billion. Q1. Discuss the reasons for aggressive branding and marketing by Tata Steel of its products in early 2000’s? 1. The first reason was to reduce the dependence of Tata Steel on the external environment. The profitability of steel industry in India is strongly linked to variations in business
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First and foremost‚ although there is no universally accepted definition of co-branding‚ Leuthesser‚ Kohli and Suri (2003‚ p. 36) have defined co-branding as "the combining and retaining of two or more brands to create a single‚ unique product or service". Co-branding strategies are increasing used to fend off heavy competition and to gain more marketplace exposure (Spethmann & Benezra 1994). The main advantages are that companies can pool together their resources‚ reduce the cost of production
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What is a brand? A brand is a name‚ term‚ sign‚ symbol‚ or design‚ or a combination of them‚ intended to identify the goods or services of one seller or group of sellers and to differentiate them form those of competitors Essentially a marketer’s promise is to deliver a specific set of features‚ benefits and services consistently to the buyers Cadbury’s best tasting chocolate constitutes the main ingredient of much of these products including everything from solid blocks to chocolate filled bars
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The Global Branding of Stella Artois* Synopsis Interbrew had developed into the world’s fourth largest brewer by acquiring and managing a large portfolio of national and regional beer brands in markets around the world. More recently‚ senior management had decided to develop one of their premium beers‚ Stella Artois‚ as a global brand. This case examines the early stages of Interbrew’s global branding strategy and tactics‚ enabling students to consider these concepts in the context of a
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Tools to help you use our corporate identity Effectively brand guidelines These guidelines are 100% practical. If you read them carefully‚ then apply them consistently‚ all the materials you produce will reflect and reinforce the distinctive essence of Lloyd’s . . . Constant originality Before we get down to business‚ let’s just briefly remind ourselves why those two words encapsulate what makes Lloyd’s different: Constant - evokes our long history and sense of tradition; our good faith
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SESSION 4 BUSINESS RESEARCH METHODOLOGY Business research • Its an organized ‚ systematic‚ data-based‚ critical‚ objective‚ scientific inquiry or investigation into a specific problem‚ undertaking with the purpose of finding answers or solutions to it. Definition of Marketing Research Marketing research is the systematic and objective identification collection analysis dissemination and use of information for the purpose of improving decision making related to the identification
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Introduction to Operations Management In the late 1970s‚ Wal-Mart was a niche marketer‚ with about 200 stores‚ mostly in the South. At the time‚ Sears‚ JC Penney‚ and Kmart dominated the retail market. Over the years‚ Wal-Mart gained market share at the expense of the previous market leaders‚ and it has now become the largest and most profitable retailer in the world! In the 1990s‚ the Boeing Company ran into trouble when it could not meet production deadlines. As a result‚ Boeing lost some orders
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Besharat defined Co-Branding as a long term type of co – operation between two or more brands with equal or non-equal brand image in which identify of the associated brands is communicated through the inclusion of the brand name on the product or product packaging. Co-branding is an increasingly popular technique used primarily in domestic markets to transfer the positive associations of the partner brands to a newly formed co-brand (Ueltschy & Laroche‚ 2011). Ingredient branding will be analyzed and
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to strengthen Points-of-Difference Associations by satisfying customers’ expectation and need more. Source: http://online.wsj.com/news/articles/SB10001424052702303825604579515802238919732 Article 2: It’s Brooklyn‚ Basketball and Branding as Nets Head to London A NBA basketball team‚ Brooklyn Net’s‚ plans to boost its brand awareness to the world by matching in the foreign countries. As the Basketball has been getting internationally famous‚ and as many foreign players have
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South America to cope with the declining of domestic markets (Belgium) primarily due to its image of old-fashioned beer. Many consumers became increasingly attracted to the sophistication of premium and specialty beers as a result of Stella’s global branding strategy. 2. Stella Artois appears to be the right choice as the company’s flagship brand primarily because the global volume evolution of the brand seemed quite promising. Stella Artois raised its volume of 97% from 1992 to 1999. The consumers’
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