reproduced without written permission from the author. Brand awareness and brand image Chuck Chakrapani Building brand equity To build brand equity‚ we need to start with the building blocks of brand equity. They include brand awareness‚ and brand image or the associations that a brand evokes. Brand awareness Brand awareness has two components: breadth and depth. Let us first consider depth . While a consumer may be aware of many brands‚ all brands are not equal in terms of awareness. The depth of
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Brand Loyalty One of the most desirable traits that marketers would like to see in the consumers they are positioning their product towards is loyalty to their brand. Brand loyalty can be defined as “the extent of the faithfulness of consumers to a particular brand‚ expressed through their repeat purchases‚ irrespective of the marketing pressure generated by the competing brands.” (Business Dictionary‚ 2012) An expression of brand loyalty from consumers can help companies to experience significant
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Question1 The type of foundation used to support a building is dependent on the type of in-situ soil‚ the bearing pressure of that soil and the loads imposed by the structure on the soil. The Building regulations state that the minimum depth to the underside of a strip found is 0.45 for frost protection and this should be extended to 0.75 in clay soils‚ largely due to the water retention in these materials ( Osbourn and Greeno 2007). This depth is also required to protect the foundation from seasonal
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Differentia Wood/timber Building material these are raw woods that have been converted in the forms of minimally- processed logs stacked on each other‚ timber frame construction‚ and light- frame construction. It is used as load- bearing material depend on the quality criteria. Concrete composite building made from combination of aggregate material and a binder such as cement. It is one of the most durable building materials
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other small coffee chain. The same year‚ Schultz had raised $25 million in order to open more new stores across nation. By 2002‚ Starbucks had established as the dominant specialty-coffee brand in North America. Starbucks is even more impressive when the company spent almost null value in advertising the brand. Starbucks serves more than 20 million unique customers and operates in more than 5000 stores worldwide. SWOT Analysis Strengths * Innovation service * Lowest employee turnover rate
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Marketing association ‚ a brand is a “name‚ term‚ sign‚ symbol‚ or design‚ or a combination of them ‚ intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of the competition.” However branding is much more; what distinguishes a brand from its unbranded commodity counterpart and gives it equity is the sum total of consumers’ perceptions and feelings about the product’s attributes and how they perform‚ about the brand name and what it stands
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Title The Relationship of Brand Equity and Brand Extension: Low Involvement products vs. High Involvement Products Background and Significance In the present‚ technology enhances modern goods production resulting producers can provide resemble products in physical aspects such as quality or packaging. These create no differentiate of products. Consequently‚ Product Brand as well as the customer’s perception is the significance that promotes product differentiates or product
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Physique according to him is the basis of the brand. –E.G. the physique ofPhilips is “technology and reliability” while for the brand Tata it is “trust” •Personality is same as Aaker‚ it answers the question “what happens to this brand when it becomes a person?” •Culture symbolizes the organization‚ its country-of-origin and the values it stands for. –E.G. traditional brands like balsara‚ dabur and zandu. Relationship is the handshake between consumer and the organisation. –E.G. the
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Team Building Team building refers to the process of establishing and developing a greater sense of collaboration and trust between team members (Wikipedia‚ 2007). Interactive exercises‚ team assessments‚ and group discussions enable groups to cultivate this greater sense of teamwork. Team building is used in many contexts‚ for example in sport and work organizations. Need for Team Building Modern society and culture continues to become more fluid and dynamic. The effect of this environment is
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Umbrella Brands The 1980s witnessed a revolution in the understanding of the working of the brands. Marketers depict brands as a reflection of customers’ own personalities‚ so that they can relate to their products well. In fact the distinguishing aspect of the modern marketing has been its focus upon the creation of differentiated brands and using them as weapons for launching multi-level attacks on competition. Market research has been used to help identify and develop bases of brand differentiation
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