consumers that will switch brands or products as soon as the feel the need to do so. What company’s look for in this consumer environment is creating a so-called brand loyalty. This paper will explore the ways companies go about in creating this brand loyalty and it will investigate the circumstances and effects that come with it. It will start of by thoroughly explaining what brand loyalty exactly is. After that an overview of key success factors stimulating brand loyalty will be given and we
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Brand Hierarchy BIC Corporation consists of various divisions including three main categories; stationery‚ shavers and lighter. It also contains other products‚ which include promotional products‚ BIC Sports and BIC phone. The brand hierarchy of BIC Corporation is well-shown in the figure 1. Figure 1. Brand hierarchy model of BIC Corporation BIC Stationery categorizes products based on their features and functions; writing‚ correction‚ marking‚ coloring and drawing. Main products of BIC Stationery
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DOVE Brand Equity A key part of DOVE’s success and where it differentiated itself from other personal care brands‚ increasing its brand equity‚ is the use of a different marketing approach when introducing the campaign for real beauty in 2004. This campaign gave women a feeling of identification and association with the brand and the products without even having tried them. Women could identify with the images they were seeing in the DOVE advertising campaigns which resulted in them being willing
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Beyond Brands Brands have run out of juice. More and more people in the world have grown to expect great performance from products‚ services and experiences. And most often‚ we get it. Cars start first time‚ fries are always crisp‚ dishes shine. A few years ago‚ Saatchi & Saatchi looked closely at the question: What makes some brands inspirational‚ while others struggle? And we came up with the answer: Lovemarks: the future beyond brands How do I know a Lovemark? Lovemarks transcend brands. They
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LUXURY BRAND MARKETING What is LUXURY? While the word ‘luxury’ is used in daily lives to refer to certain lifestyle‚ the underlying construct’s definition is consumer and situation specific. If you earn less than 15000 a month‚ a pair of reebok shoes would be a really big luxury item for you. On the other hand‚ if you are going to a party with some big-wigs a $100‚000 car may not be a luxury. The word luxury originates from the Latin term “luxus” signifying‚ “soft or extravagant living‚ indulgence
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(2012) IACSIT Press‚ Singapore Factors Affecting Consumer Preference of International Brands over Local Brands Zeenat Ismail1∗‚ Sarah Masood2 and Zainab Mehmood Tawab2 1 Department of Social Sciences‚ Institute of Business Administration – Karachi 2 Students of Institute of Business Administration – Karachi Abstract: This study was conducted in order to determine the consumer preferences of global brands instead of local ones. It is also designed to find out the buying behavior patterns
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1. Brand inventory History The first Starbucks opened in Seattle on March 30‚ 1971 by three partners: Jerry Baldwin (English teacher)‚ Zev Siegl (history teacher)‚ and Gordon Bowker (writer). The three were inspired by entrepreneur Alfred Peet (whom they knew personally) to sell high-quality coffee beans and equipment. The name‚ inspired by Moby Dick‚ evoked the romance of the high seas and the seafaring tradition of the early coffee traders. From 1971–1975‚ the first Starbucks was at 2000 Western
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Brand Positioning One of the aspects of brand equity is brand positioning. AsiaTravel has not distinguished itself from other competitor in terms of products and services. The company does not have clear view of which market segmentation they want to enter and has not built a good brand image. In order to create good brand position in the market‚ AsiaTravel should look into market segmentation‚ focuses in point-of-parity (POP) and point-of-difference (POD)‚ and brand image. The current travel
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The ericsson Brand Strategy January 15‚ 2010 agenda Introduction › Background › Objective › Our starting point Brand Strategy › Brand idea › Brand objectives 2009-10-21 BACKGROUND We live in truly exciting yet tough times › Leadership position in the industry › Led in the introduction of voice connectivity to the world › We are now doing the same with broadband › Taken some ground breaking deals...Sprint‚ Verizon... › Contributing to big world agendas 2009-10-21 Technological
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XYLYS BRAND PERSONALITY AND SELE-IMAGE CONGRUENCE ANALYSIS Question 1.1: According to the brand personality article and the Exhibit 2 & 5‚ the similarity/differences could be observed as follows. Both users and non-users consider the luxury watches as quite sincerity‚ which is associated with the personality traits of down-to-earth and honest. Excitement dimension is associated with exciting‚ daring‚ imaginative‚ spirited and up-to-date‚ and this dimension of brand personality is more favorable
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