Why Franchise. Franchising has attracted some 34‚000 people in the UK to invest in their future in self employment. Here are 15 reasons why franchises offer an attractive business opportunity. 1. Established brand value. Prior to launching a franchise‚ the franchisor has developed and established attractive and meaningful branding for the operation‚ and as the network of franchisees expands the national recognition of this brand grows. When a franchisee enters into a mature franchisee network
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PepsiCo vs. Market Segmentation Introduction Pepsi-Cola was founded by a druggist‚ Caleb Bradham in year 1898 (Overview‚ 2008). He came from New Bern‚ North Carolina (Overview‚ 2008). In year 1965‚ Pepsi-Cola merged with Frito-Lay in a new company named PepsiCo (Overview‚ 2008). Then‚ PepsiCo merged with Tropicana in year 1998 and also Quaker Oats Company in year 2001 (Overview‚ 2008). Those mergers have been divided in categories such as food‚ beverage and snacks. Now‚ Pepsi Brand is part of
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discuss subsequent authors who cite Fournier’s seminal 1998 work Consumer relationships with brands Brand positioning Introduction to the Brand Audit Building new brands Individual project: literature and findings Dr Dale Miller: Towards sustainable branding Strategic Brand Management Process Steps Identify and establish brand positioning and values Recall: Key Concepts Mental maps Competitive frame of reference Points-of-parity and points-of-difference Core brand
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"Brand positioning is an attempt to create and maintain a unique representation of the brand in customer’s mind‚ a representation that is expected to stimulate choice of that brand" (Rossiter‚ 2005‚ p.42). Positioning‚ in fact‚ refers to how customers think about different brands in a market. Through brand positioning a company attempts to build a sustainable competitive advantage on product attributes in the consumer’s mind. Nevertheless‚ developing a successful positioning strategy is not easy
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CHAPTER 1: INTRODUCTION 1.1 Background of Study The use‚ acceptance‚ adoption and application of internet technology to businesses to boast their performances are not something new. Saffu et al.‚ (2008)‚ states that there has been a significant increase in the use and application of e-commerce in businesses in the past decade. E-commerce has benefits such as reduction in costs‚ increased business opportunities‚ reduced lead time and providing more personalized service to the customers (Turban et
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MARKET SEGMENTATION Segmentation factors The significant rise in Singapore’s wine consumption‚ in recent years‚ has lead to the rapid increase in the number of brands looking to enter this seemingly attractive market. In order for Seabrook to gain a competitive advantage and market their Pinot Noir and Shiraz successfully‚ they need to ensure that they effectively segment their potential customers in order to maintain focus‚ save resources and provide measurability. Market segmentation is a useful
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English 101 Jimmy Johns vs. Subway When the craving for delicious sandwich hits the tip of your tongue‚ making the choice between Subway and Jimmy Johns is always a tough decision. Although there are similarities between the two‚ there are still certain differences that point people in different directions. Most consider the variety of sandwiches‚ the ingredients used and the amount of time it takes from order to delivery. Although Subway and Jimmy Johns are competitors‚ they do have their
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satisfaction is one of the most important elements in doing business. It is important for a manager to recognise the weak points‚ so that these can be improved. This report exemplifies the most important variables which influence the customer satisfaction of Subway. Field research has been done in the form of a questionnaire. Consequently‚ the data was analysed and the research question was answered. The variables used for this research are: Age‚ gender‚ income (Moderating variables)‚ and store appearance‚
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reasonable price. In the Marketing Segmenting there are four kind of segmentation‚ they are Behavioral Segmentation‚ Demographic Segmentation‚ Psychographic Segmentation‚ and Geographic Segmentation. Behavioral Segmentation is the most powerful type of segmentation because it uses actual consumer behaviour or product usage to make distinctions among market segment (Farrell & Hartline‚ 2005). Demographic Segmentation consists of dividing the market into group based on variable such as age
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1. In a succinct manner‚ describe what the ESPN brand means to consumers. ESPN stands for Entertainment and Sports Programming Network. To consumers the ESPN brand means quality sports entertainment. It is a way to provide to the sports need of consumers. It is easily accessible to extend its brand by reaching consumers through various methods such as television‚ radio‚ internet‚ and mobile. Through television‚ ESPN was one of the first networks to break new in HDTV with simulcast service for
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