Exchange of Hong Kong with plants located in Hong Kong‚ Mainland China‚ Australia and the U.S.A.‚ Vitasoy International is a dynamic‚ international organization setting new standards of quality and innovation wherever its products are sold. Vita is a brand under the Vitasoy Group. Launched in 1979‚ VITA Lemon Tea - it was the world’s first ready-to-drink lemon tea‚ which blends red tea with a subtle lemon flavour - is extremely popular in Hong Kong and has secured a clear market leadership over the
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luxury brands travel? Avoiding the pitfalls of luxury brand extension Mergen Reddy a‚ Nic Terblanche b‚ Leyland Pitt c‚*‚ Michael Parent c a Capgemini Consulting‚ P.O. Box 785827‚ Sandton‚ 2146‚ South Africa Stellenbosch University‚ Private Bag X1‚ Matieland‚ 7602‚ South Africa c Segal Graduate School of Business‚ Simon Fraser University‚ 500 Granville Street‚ Vancouver‚ BC V6C 1W6‚ Canada b KEYWORDS Luxury brands; Brand extensions; Degree of adjacency; Premium adjacency matrix Abstract Brand extensions
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global organization and turned into one of the most well known football clubs in the world by leveraging its brand equity and implementing successful marketing programmes throughout the world. Real Madrid was ranked the richest football club in the world in 2009-10‚ according to Delloitte Football Club Annual Report with €438.6m in revenue. (Goal.com‚ 2011) 1) Brand values and positioning Brand awareness For the first 100 years of its story‚ Real Madrid created a reputation around Europe by winning
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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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Introduction: “A brand extension occurs when a firm uses an established brand name to introduce a new product” (Keller‚ 2008‚ pg 491). Paragraph 2 350 words Pg. 514 How relevant the extension evidence is about the attribute or benefit for the parent brand- Relevance- Any brand extension needs to enhance its parent brand. If there is no connection‚ or ‘relevance’ it potentially won’t provide feedback benefits to the parent brand. * Völckner and Sattler (2006) found that fit between
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The Brand Value Chain(BVC) is a structured approach to assessing the sorces and outcomes of brand equity and the manner by which marketing activities create brand value. It provides insights to support the various decision makers in the company and stresses that every member of the company contribute to this branding effort. It believes that the value of rand ultimately resides with customers. There are several steps to this when we look at this value creation process. * Step I) Firm invests in
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different brand strategies. Lenovo desired to clearly communicate an authentic value proposition for the newly combined resources of their firm. With this‚ we would recommend a Synergy branding strategy in the short term and a Master Brand approach in the long term. We feel this co-branding approach will further align Lenovo’s brand to their mission of “putting more innovation in the hands of more people so they can do more amazing things” by creating broader consumer appeal and greater brand equity
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overall equity of a brand. The scorecard is an effective way to asses the unmet needs of the brands customers‚ it enables the brand to stay relevant and effective in the marketplace in a methodological manner. The scorecard should be able to fill any gaps that have developed within the brand’s approach to management and its strategic direction‚ as well as developing and maintaining a functional management system that can grow as the brand grows‚ while remaining comprehensive and completely brand relevant
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Original Article The anatomy of the luxury fashion brand Received (in revised form): 9th September 2008 Antoinette M. Fionda is a PhD student specialising in Luxury Fashion Marketing at Heriot-Watt University. Previously‚ Antoinette worked in both the Fashion and the Luxury Fashion sectors in a variety of areas from design to management and consultancy. Christopher M. Moore is Chair in Marketing and Head of Fashion‚ Marketing and Retailing at Glasgow Caledonian University. Prior to his
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always been the popular brand among the competitors. This year‚ 2012‚ The Company is ranked No. 2 as the admired company in the soap and cosmetics industry by Fortune. (source: http://money.cnn.com/magazines/fortune/most-admired/2012/industries/47.html ) Apparently Colgate-Palmolive is always one of the global top brands. The brand name ever ranked No. 1 as Singapore consumer’s most favourite brands by Superbrands in 2009. (source: http://www.rankingthebrands.com/The-Brand-Rankings.aspx?rankingID=167&year=246
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