Customisation: a country- tailored product strategy. It helps to meet local needs. - Eg. Pepsi has 13 different formulas for different areas. - Overcustomisation: where nthere has been so much adaptation that the product looses differentiation from local brands. - Need to regulate degree of the two conceptS STANDARD ADAPTATED STANDARD Dual Extension - ADAPTATED Product Extension‚ Communication and Adaptation Dual Adaptation 2. WHAT IS MEANT BY UNCERTAINTY AVOIDANCE? - How much people in a culture
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CASE: Colgate Max Fresh: Global Brand Roll-Out (HBS 9-508-009) Colgate Max Fresh (CMF)‚ a new toothpaste formula with patented breath-freshening technology‚ had been introduced in the U.S. and was in the global pipeline for 2005. Nigel Burton‚ president of global oral care at Colgate-Palmolive Company (CP)‚ had on his desk the proposed marketing launch plans for CMF in China and Mexico. Each plan sought to maximize business potential in the local market. Burton needed to assess these plans
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MKT 423 Brand Management Sec 01 Term Paper On “Branding of Actimel in Bangladesh” Prepared By Mohammad Asif Chowdhury Maisha Zaman Masnun Ridwan Khan Mohsin Uddin Taksin Faraiba Farnan Tabinda Tanushree EXECUTIVE SUMMARY This report is based on the international brand‚ Actimel‚ one of the most prominent brands of Danone‚ originally a French company. Danone has many other outstanding brands worldwide which include Aqua‚ Volvic‚ Evian‚ and Badoit‚ Yili‚ Aqua‚ Sehat‚ Robust‚ Bonafont
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designers allows Gucci to deliver such vision. 2. Situation Analysis The luxury sector‚ where the Gucci group is operating‚ is a market where brand‚ product and the intangible benefit associated to the brand are key success factors (KSF). The economic slowdown represents a potential threat to the group‚ which has poorly performed in some of its brands‚ and has maintained profitability by focusing on emerging markets (BRIC)‚ which are the most likely to be affected by the economic cycle. Given the
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Celebrity Endorsement 1. Introduction In the past two or three decades celebrity advertising/endorsement has become common practice amongst brands that wish to create and maintain attention‚ as well as increase product or brand recall rates (Erdogan‚ 1999). However‚ the juxtaposition of brands and organisations with admirable figures that possess qualities such as likeability‚ attractiveness‚ trustworthiness and credibility is not a new phenomenon (Erdogan‚ 1999). It is believed that an eighteenth
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1. Background The Harley Owner Group (H.O.G)‚ a factory sponsored motorcycle enthusiasts club was established in 1983. The group was primarily formed in order to enhance the Harley Davidson brand experience by bringing the company closer to its customers and also to promote a positive brand image by controlling the negative influence of the biker gangs that many felt dominated the sub-culture. By the end of 1999 the H.O.G counted half a million members and about 166‚667 members were considered
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Administration‚ Economics and Political Science | The effect of celebrity endorser scandal on brand image | | 2012/2013 | | By: Lina Magdy Mahmoud Anwar ID: 111281 Under the supervision of: Dr. Samaa Attai | Table of Contents 1. Introduction 3 1.1 Background 3 1.2 Literature Review 4 Bibliography 6 1. Introduction As consumers became more conscious and aware about brands and advertising‚ it became hard to compete in the market. Companies use many techniques
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2069 MAY 28‚ 2007 HEIDE ABELLI Mountain Man Brewing Company: Bringing the Brand to Light It was February 20‚ 2006‚ in the New River coal region of West Virginia. Chris Prangel‚ a recent MBA graduate‚ had returned home a year earlier to manage the marketing operations of the Mountain Man Beer Company (MMBC)‚ a family-owned business he stood to inherit in five years‚ when his father‚ Oscar Prangel‚ the president and owner‚ retired. Mountain Man brewed one beer‚ Mountain Man Lager‚ also known
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loyalty towards any brand even after repeated use of the product can be identified in this group. Low Loyalty consumers are the consumers that buy out of habit and this sort of loyalty can be attributed to habit forming buying. Product and the consumer differentiation is low in such a group. Intermediate loyalty consumers are based on environmental and situation factors of buying and being loyal. Premium Loyal Customers are the ones that would not budge from buying one particular brand for its products
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considered an inferior brand to Makita as tradesman believe that the brand is more geared towards amateur than professional. The consumer and professional market segment are differentiated by skillset of the users of the tool - consumer segment is considered an amature segment requiring low performance tools whereas professional segment requires highest performance tools. Another related issue is the color of the product. Charcoal grey & Black is generally associated with the consumer brands as most consumer
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