premium car manufacturers in the world. Brand associated with quality‚ class‚ exceptional design‚ outstanding performance and innovation. BMW has a well-structured brand hierarchy where at the corporate brand level BMW pioneered the luxury sports car category by combining distinct style and performance consideration. BMW has a smart positioning with corporate brands and offers a large fleet of models that vary in price‚ quality and performance. Below is a brief brand- product matrix: Product Models Entry
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BRAND PORTFOLIO METAPHORS BASED ON AAKER’S BRAND PORTFOLIO STRATEGY Kent Dahl kentd@kth.se Different Relevancein Different Contexts Proffesional World Indek/IPD‚ Guest Lecturer Master Thesis‚ Endorsed by Uggla Educational World Educational Music World Professional Music World Music World Internal& ExternalPerspectives What a weak sub‐ brand! Portfolio Roles No‚ it’s a Linchpin brand! Product Defining Roles ProductDefiningRoles
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Chapter-3 Positioning Positioning is choosing a position in the target group’s minds‚ that: - is distinctive from the competition - is relevant for the target group - fits the organisation with the aim of creating a preference. Positioning Approaches 1. Is relative to competition. 2. Exists in the mind of the consumer. Attributes Competitors Use or application Price/quality Product user Product class Cultural symbol Positioning Quiz RyanAir Price KLM
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The New Beetle Q1. What positioning alternatives were available to Liz Vanzura and her team? What were the advantages and disadvantages of each? Arnold group’s research reveals that the target market for the new Beetle encompassed both Baby Boomers and the younger 18 to 34 year olds (Gen X’ers). This includes a very diverse group of people‚ but their research also showed that potential drivers shared some common characteristics like confidence‚ individualism and a desire to be the center
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Marketing and branding‚ two of the most common used words in the contemporary world‚ is closely linked to each other without doubts‚ but the importance of branding to successful marketing is enquired to measure in term of the question. In fact‚ various people have different ideas on marketing and branding. For most of people‚ or customers‚ the two are normally combined in their minds or even equal to each other. For example‚ people could raise Apple as the answer for both questions of “what is good
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Designing a Brand Hierarchy We all know the recession has drastically impacted consumer behaviors‚ but we may often overlook its direct impact on brands themselves. The recession has changed the way marketers manage their brand portfolios as they try to do more with less. As such‚ marketers are taking a closer look at how then can stretch existing brand equity across a greater number of products‚ often taking a parent brand/sub-brand approach. We generally see four different sub-brand approaches
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Top Best Gazelle Edge Machines and Their Effectiveness and Reviews There are a lot of Gazelle Edge Machines available on the market in 2016. Selecting a machine that provides you the fitness services that match your needs might give you a tough time. So we will narrow down the long list of the best tools available on the market. The top 10 from which you can be able to choose the one that suits your needs best. The important features of these machines discussed and by the end of this review‚ you
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A brand is a “name‚ term‚ design‚ symbol or any other feature that identifies one seller’s good or service as distinct from those of other sellers. Proper branding can result in higher sales of not only one product but on other products associated with that brand. Brand is the personality that identifies a product‚ service or company and how it relates to key customers‚ staffs‚ partners‚ investors etc. People engaged in branding seek to develop the expectations behind the brand experience
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2.3 Marketing through Social Media 4 2.4 Brand awareness 5 2.5 Electronic Word-of-mouth and Brand awareness 5 2.6 Customer engagement and Brand awareness 6 3 Conclusion and recommendation 7 References 8 Social media marketing as a tool and creating brand awareness 1 Introduction Marketing communications are a part of marketing mix which companies use to increase sale‚ connect with customer and build brand awareness. However‚ as there are various channels related to marketing communication
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Brand Knowledge Structure and Brand Elements What is Brand Awareness? Recognition versus recall – Brand versus situation cues Awareness depth versus breath – Brand versus situation linkages Why is brand awareness important? A necessary condition for inclusion in the set of brands being considered for purchase – A sufficient condition for choice in low-involvement decision settings – Influences the nature and strength of association – Brand Image Brand Perceptions through Associations
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