Brand name creation process We read the chapter 16 from the New Products Management -book. We interested in the topic “What is a good brand name?” and so we wanted to find an article that would tell more about brand naming. We read the article “Observations: Creating Effective Brand Names: A Study of the Naming Process” by Chiranjeev Kohli and Douglas W. Labahn from Journal of Advertising Research (January-February 1997‚ p. 65-75. The article focused on the brand name development process. The
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Cadbury Brand Assessment Cadbury was established nearly 200 years ago in 1824 by John Cadbury. John himself held values of social justice and equality which have been inherent to the company and are still maintained to this day. Traditionally Cadburys has always been known as a family company; many of its employees were and are located in Bourneville and neighbouring areas‚ such that it is known as ‘Cadbury-town’. However‚ the recent takeover by Kraft‚ a US food giant for $11.5 billion‚ has seen
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has created a very powerful image in the minds of consumers in America. Nike wanted consumers to see it as an innovative brand that produces top of the line performance gear that was associated with very powerful and important athletes (mostly males). Their profile users are represented as famous athletes such as Michael Jordan or Tiger Woods. The athletes reflected the brand personalities such as competitive‚ winners‚ strong‚ and better than the rest. This also is a way for Nike to obtain credibility
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An Analysis on Thompson‚ Rindfleisch‚ and Arsel’s “Emotional Branding and the Strategic Value of the Doppelganger Brand Image” Emotional branding has never been a topic that I have ever had a conversation about nor have I cared much about it. After reading this article I have learned a great deal about emotional branding versus the significance of the doppelganger brand image. Even after reading both sides of the story I believe that there is a need in our society for both aspects. The
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Brand Identity: Their brand name is their signature. “Costa” signifies luxury‚ excellence and perfection. The image of Costa is luxury and comfort with style. The theme of Costa‚ from the brand logo‚ the color scheme of the premises to the entire feel is warm tones and relaxing colors. Their ambience is trendy and soothing as well. According to me Costa is the comfortable place to relax‚ chill‚ spend quality time and have a warm experience which not only brings back customers but through
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Concepts of Brand Management www.eiilmuniversity.ac.in Subject: CONCEPTS OF BRAND MANAGEMENT Credits: 4 SYLLABUS Branding Concepts Introduction to Brand; Brand and Branding Basics; Relationship of Brands with Customers; Building Successful Brands. Terms associated with Brands Understanding Various Terms; Brand Names and Brand Extensions; Co-Banding and Corporate Branding; Brand Associations and Brand Image. Management of Brand Brand Loyalty; Brand Relationship; Brand Equity; Brand Management
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tasks that have been performed to explore the bilingual cognitive advantages the final task that will be discussed in this paper is the Flanker task. As described by Buac and Kaushanskaya (2014)‚ the Flanker task requires participants to identify the direction of the arrow of focus while disregarding information fed to them by flanking arrows. Another goal of the Flanker task‚ aside from identifying the direction of the main arrow‚ is to also identify whether it is in agreement or disagreement with the
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original products. Secondly‚ nothing but the brand. A lot of people buy clothes only because it’s Louis Vuitton‚ Burberry or Ralph Lauren‚ boots because it’s Jimmy Choo’s or Louboutin or electronics from Apple and some of them are paying only for the trademark but the rest is conscious that if they pay more they will have not only original product with signature that everybody will recognize but also best quality product. It’s not accidental that some brands are more expensive then other‚ they have renown
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for Strategic brand management. Brand Equity. The value premium that a company realizes from a product with a recognizable name as compared to its generic equivalent. Companies can create brand equity for their products by making them memorable‚ easily recognizable and superior in quality and reliability. Mass marketing campaigns can also help to create brand equity. If consumers are willing to pay more for a generic product than for a branded one‚ however‚ the brand is said to have
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Choosing Brand Names Introduction How should brand names be chosen? Is the name important? Marketing theory suggests that there are three main types of brand name: (1) Family brand names: A family brand name is used for all products. By building customer trust and loyalty to the family brand name‚ all products that use the brand can benefit. Good examples include brands in the food industry‚ including Kellogg’s‚ Heinz and Del Monte. Of course‚ the use of a family brand can also create problems if
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