Page No 1. 2. Executive Summary The Evolution 2 3 -Global Brands and Globalization 3 3. Why Branding? 9 -Brand : Meaning 10 -Brand Equity 12 -Aspects of a Good Brand 13 - What makes brands great? 14 - What makes brand leaders lose their way 17 4. Why go global? 19 - Going global: the risks 20 - What principles govern and guide global brands? 21 - Global branding versus local marketing 23 5. Strategic Planning Cycles for Brands 26 6. The Brand Environment 30
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HOW DIFFERENT ARE BRANDING STRATEGIES IN THE PHARMACEUTICAL INDUSTRY VERSUS FAST MOVING CONSUMER GOODS? Abstract The objective of this paper is to analyse the branding strategies used currently in the pharmaceutical industry and compare it to the best practices in Fast Moving Consumer goods. First the authors review the differences in the way branding is defined and organised in pharmaceuticals versus FMCG and identify why branding could be leveraged in the pharmaceutical industry to help
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Process Purchasing agents are influential in straight rebuy and modified rebuy situations whereas other department personel are more influential in new-buy situations. The Buying Center 1. Initiators Users or others in the organization who request that something be purchased 2. Users Those who will use the product or service. In many cases‚ the users initiate the buying proposal and help define the product requirement. 3. Influencers People who influence the buying decisions‚ often by
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2.4.3 Decision Rules...............11 2.4.4 Perceptual Mapping...........11 2.4.5 Influences on the evaluation process.......12 2.5 Purchase............13 2.6 Post-purchase.........15 3 Conclusion and Recommendations..........17 4 References...........18 5 Appendices............19 1 Introduction This report has been prepared to analyse the many elements of EKB’s consumer decision model (as shown in Figure 1.0) in relation to consumer behaviour. The focus of the consumer decision model is
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Table of Contents 1) Introduction 2 2) The Purchasing Department 3 3) The Sales & Marketing Department 3.1) Roles & Responsibilities 4 3.2) Sales & Marketing’s Relationship with Purchasing 4 4) The Accounts & Finance Department 4.1) Roles & Responsibilities 5 4.2) Accounts & Finance’s Relationship with Purchasing 5 5) The Human Resource Department 5.1) Roles & Responsibilities 6 5.2) Human Resource’s Relationship with Purchasing 6 6) The Production Department 6.1) Roles & Responsibilities
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Individual branding Each brand has a separate name (such as Seven-Up‚ Kool-Aid or Nivea Sun (Beiersdorf))‚ which may compete against other brands from the same company (for example‚ Persil‚ Omo‚ Surf and Lynx are all owned by Unilever). Attitude branding and iconic brands Attitude branding is the choice to represent a larger feeling‚ which is not necessarily connected with the product or consumption of the product at all. Marketing labeled as attitude branding include that of Nike‚ Starbucks
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AN EXPLORATORY STUDY ON CONSUMER DECISION-MAKING BEHAVIOR IN PAKISTAN History of consumer behavior seems to be highly intertwined with the history of marketing thought. The purpose of this paper is to trace the historical dependence and allegiance of consumer behavior on the discipline and practice of marketing. It then attempts to forecast emerging trends in consumer behavior research and theory as a consequence of new and emerging schools of marketing thought. Focus of understanding. For example
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Naomi Klein‚ economic and social theorist asks “what impact does Branding have on our modern-world?” Though branding came about during the industrial revolution to create distinction and individuality‚ branding in today’s global society takes on a different role for consumers‚ often having a negative impact on workers many consumers aren’t aware of. Martin Lindstorm‚ author of “Brandwashed” says most people feel better when they choose brand names because they equate recognition and established
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PURCHASING HABITS AND MARKET POTENTIALITIES OF THE OLDER CONSUMER ROBERT E. DODGE* INTRODUCTION Market structures have always been dynamic‚ changing in emphasis as one segment or another enlarged or decreased. In the twentieth century an especially rapid change in the basic age distribution has taken place. Within the past few years a change in age distribution has resulted from the rapid growth of that segment of the population which is 65 years of age and older. During the past
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Online Branding As traditional advertising is threatened by shrinking audiences‚ rising costs and new blocking mechanisms‚ advertisers are looking to the Internet to find an effective alternative. The web is not a perfect solution‚ and its voluntary nature poses particular challenges for brand managers. But as the technology landscape shifts‚ companies are increasingly moving online to promote and enhance their brands. • Recognize that effective branding strategies integrate online activities
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