original products. Secondly‚ nothing but the brand. A lot of people buy clothes only because it’s Louis Vuitton‚ Burberry or Ralph Lauren‚ boots because it’s Jimmy Choo’s or Louboutin or electronics from Apple and some of them are paying only for the trademark but the rest is conscious that if they pay more they will have not only original product with signature that everybody will recognize but also best quality product. It’s not accidental that some brands are more expensive then other‚ they have renown
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for Strategic brand management. Brand Equity. The value premium that a company realizes from a product with a recognizable name as compared to its generic equivalent. Companies can create brand equity for their products by making them memorable‚ easily recognizable and superior in quality and reliability. Mass marketing campaigns can also help to create brand equity. If consumers are willing to pay more for a generic product than for a branded one‚ however‚ the brand is said to have
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Choosing Brand Names Introduction How should brand names be chosen? Is the name important? Marketing theory suggests that there are three main types of brand name: (1) Family brand names: A family brand name is used for all products. By building customer trust and loyalty to the family brand name‚ all products that use the brand can benefit. Good examples include brands in the food industry‚ including Kellogg’s‚ Heinz and Del Monte. Of course‚ the use of a family brand can also create problems if
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The brand report card In our days building and managing brand equity is considered to be an important element to successed and sustain growth‚ where in general the company brand equity flow customer loyalty and profits. Therefore‚ managing the brand equity become a business priority for many managers within all types of industry activities and markets. However‚ few managers are able to step back and assess objectively their companies brands in terms of strengths and weaknesses. Where‚ many manager
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Term Project: Brand Repositioning Brand management 10/21/2011 Submitted To: Prof. S. Balasubramanian Submitted By: Manali Agarwal 10PGDM026 Monica Dhiman 10PGDM031 Naval Maheshwari 10PGDM033 Rahul Jain 10PGDM040 Rajesh Rai 10PGDM041 Raman Chaudhary 10PGDM042 Lalit Malik 10PGDM024 Shubham Agrawal 10PGDM050 Submitted By: Manali Agarwal 10PGDM026 Monica Dhiman 10PGDM031 Naval Maheshwari 10PGDM033 Rahul Jain 10PGDM040 Rajesh Rai 10PGDM041 Raman Chaudhary 10PGDM042 Lalit Malik
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A REPORT ON BRAND POSITIONING FOR [pic] BY ANURAG BINDAL ENROLLMENT NO: 07BS0711 ICFAI BUSINESS SCHOOL‚ KOLKATA BENETTON INDIA PRIVATE LTD. (GURGAON) SUMMER INTERNSHIP PROGRAM FINAL REPORT Duration: 23-02-2008 to 25-05-2008 Scope: A report submitted by in partial fulfillment of the requirements of MBA Program from ICFAI Business School. Project: Brand Positioning Company: United colors of Benetton Submitted by: Anurag Bindal
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of the concept. For brand it is difficult if one intends to assess its status at two different points in time‚ having a totally different meaning in the minds. Just to place the perspective‚ it had a status of "Names or symbols that identify the unique source of a product or service" to "that which should drive the design of the total customer experience derived out of a unique trust and emotional attachment." This makes it essential for us to assess the evolution of "BRANDS" based on a given parameter
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BRAND– “NESTLE INDIA” ABOUT THE THEME FAST MOVING CONSUMER GOODS (FMCG): Fast moving consumer goods are goods which have quick turnover and also has very low cost. FMCG sector (India) is the fourth largest sector in the economy and also provides employment for more than 3 million people in downstream activities. FMCG products are products which are bought by consumers frequently such as toiletries‚ cosmetics‚ soaps‚ plastic goods‚ other personal hygiene products‚ packaged food products
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6 BRB 2002 October Brand Building [2 hours] [Total marks : 50] Attempt all questions. 1. (a) Answer in 1 or 2 sentences : (5 out of 8) i. Define Brand Position. ii. Give examples of natural elements that are being branded. iii. Define generic branding. iv. Define brand loyalty. v. How can you leverage a strong brand? vi. Define brand identity. vii. Define brand Personality. viii. Define Brand Awareness. (b) Answer in 3 or 4 sentences : (5 out of 7) 1) Differentiate between Brand and Product. 2) Differentiate
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In his book "A New Brand World" (New York 2002)‚ Scott Bedbury tells about his work at Nike and Starbucks and also gives his evaluation of the brand strategies of a range of other companies‚ with the predictable result: Harley Davidson "Good"‚ Microsoft "Bad". We all have our heroes. In the world of brands‚ the heroes are called things like Nike‚ Coca-Cola‚ Virgin‚ Harley Davidson‚ McDonald’s‚ Starbucks‚ Gap‚ etc. Who aren’t familiar with "Just do it" and Nike’s swoosh? Along with a range of
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