Case Study Shanghai Tang: The first Global Chinese Luxury Brand? 1) What is a luxury brand? A luxury brand is a brand that consumer associates it with luxury. Most of its products are luxury goods. It includes brands whose names are associated with luxury‚ high price‚ or high quality goods. A luxury brand is associated with sophistication (1 out of 5 brand related dimensions). Brands that are considered upper class and charming‚ high in sophistication dimension scale: E.g Cartier
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strongly established L’Oréal Paris brands across all of the key areas of the beauty market‚ including the Plnitude skincare range‚ Elvive haircare and Studio Line styling products. Other brands include L’Oréal Paris Colour Cosmetics‚ Elnett‚ Rcital‚ Excellence‚ Fria‚ Perfect Blonde‚ Open‚ Casting and L’Oréal Kids. Consumer products The Consumer Products Division in the UK is dedicated to offering consumers innovative‚ high technology beauty products from global brands at competitive prices. This
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RED BULL: BUILDING BRAND EQUITY IN NEW WAYS 02-05-2011 Question 1: Describe Red Bull’s sources of brand equity. Do these sources change depending on the market or country? Answer: Red Bull has a strong marketing strategy for communicating product value to customers. The strategy for building the brand has been created around a simple goal. Whenever a consumer is in need of energy‚ the company wants then to automatically think of Red Bull. The brand uses traditional media channels
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Mobinil brand conveyed a consistent meaning to consumers? Is this a benefit or a detriment as the mobile service provider business moves forward in Egypt with the entry of Etisalat and Vodafone? Branding strategy made is because brands are powerful assets that must be carefully developed and managed. It is a key element in the company’s relationships with customers. Brands represent customer’s perceptions and feelings about a product and its performance. Hence a brand should have positive brand equity
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Brand equity DirecTV Company has a great promotion which includes its offers for a limited time. The company strategy is to promote their limited time deals to gain and attract more clients by focusing on high quality and value offers to its customers. Furthermore‚ one of the main important elements to introduce the DirecTV’s brand‚ is their ability to satisfy all the clients by offering a reasonable price which is 29.99$ with premium services. In this case‚ DirecTV is offering more than 150 channels
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Evaluation of Brand Equity Measures: Further Empirical Results Conceptual Background: There is no consensus about what brand equity means and how a firm can measure the value of a brand‚ hence not possible to evaluate marketing interventions in terms of their ability to enhance brand value. Agarwal and Rao (1996)- The ability of ten consumer based measures of brand equity to estimate individual choice and market share‚ and the relationship between these measures. The underlying assumption in
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Salience Dimension: Brand Recall Saliency happens when you are memorable. This implies that a brand needs to be registered in the minds of the consumers. In a commodity market‚ like that of the Plywood‚ which does not seem that exciting to the customers‚ CPIL has worked towards establishing brand recall quite successfully. Its association with Bollywood since 2009‚ has help it to establish its brand and set standards for its products. In 2009‚ CPIL promoted its brand through Shah Rukh Khan‚ with
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1) Define Real Madrid’s brand platform by describing the following: a) Brand Identity Real Madrid has a very powerful brand identity. It is always on top of everyone’s list when speaking about football clubs. In essence‚ Real Madrid’s core brand identity is that it as a well renowned football club that has been prevalent for over a hundred years. It is known for greatness‚ competition‚ class‚ top notch talent and being champions. The extended identity also stands for: Product offering: High quality
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| | | Thank you for your agreement to help xxx in their efforts to understand their customer’s perceptions of them. The responses to this questionnaire are intended to provide focus and impetus to xxx’s improvement programme and will used solely for this purpose‚ as such we hope that you will benefit from a service which better meets your current and future needs. Your reply will be treated in confidence
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Shanghai Tang – Case Study With regard to the problem of the lack of a creative director‚ we suggest a variety of solutions. Firstly‚ considering that the coordination of six designers have a vital importance in order to give compactness and homogeneity to the collections‚ the presence of a creative director is essential. Given the increasingly influential economic crisis ‚ we realize that hiring a new creative director can be a huge responsibility‚ so we think it could be useful to make each
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