INTRODUCTION OF FMCG INDUSTRY FMCG’s or fast moving consumer goods are the products which are frequently purchased by consumers including toiletries‚ soaps‚ cosmetics‚ teeth cleaning products‚ shaving products‚ detergents‚ other non-durables such as glassware‚ bulbs‚ batteries‚ paper products‚ plastic goods etc. They are such items which are consumed daily or become necessity for human being. Everyone needs toothpaste as soon as they get up to washing their hand from soap after having their
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Since its startup in 1998 Honest Tea has grown tremendously under the leadership of Seth Goldman especially due to the unique business model of operating in the niche market of high growth low calorie nonalcoholic ready-to-drink beverage industry. While the global beverage revenue is expected to reach $994 billion by 2018 at a rate of 3.3% growth‚ the non-alcoholic‚ ready-to-drink is expected to grow at a compound rate of 5% and to reach a sales volume of over $200 billion by 2020 (Bailey‚ 2014)
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BrandSense Building Brands with Sensory Experiences ™ ©2001 Harvest Consulting Group‚ LLC Harvest Consulting Group‚ LLC BrandSense™ Table of Contents Table of Contents BrandSense™ Introduction A Time for the Senses Recognition and Perception The Sense Connection The Case for Smell Putting the Senses Together BrandSense™ Cases Giving Your Brand Some BrandSense™ Quantitative Analysis: BrandSense Audit™‚ SensePlan™ Conclusion Sources Contact Us 01 02 03 04 05 08 09 11 12 13 14 15
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sterilization technology and the Tetra Pak packaging technology in the manufacture process. Vitasoy then became a household name and being internationally with two major brands: VITASOY‚ a nutritious soy milk and tofu and VITA‚ a range of juice‚ teas‚ distilled water‚ dairy-milk products. The most popular Vitasoy products are soymilk‚ lemon tea etc. (Vitasoy story‚2008) Vitasoy had announced that the company got a solid business growth of 9% in the ended 30th September 2009 in Hong Kong‚ posted a turnover
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Tea is very common drink in Bangladesh. You can’t find a family where at-least one member of the family doesn’t drink tea. The history of tea extends so far into the past that its very origins are shrouded by legend. It is said that Emperor Shen Nung‚ who ruled China in 2700 BC‚ used to enjoy relaxing in his garden with a cup of hot water. It was during one of these respites that a tea leaf happened to float down from a nearby bush‚ and land directly in the Emperor’s cup. The new drink quickly became
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with a slogan- “olive Tea in Bangladesh for building freshness”. We are going to provide a new product named Olive Tea. The current marketing situations such as market‚ product‚ and channels are positive. It can fulfill the needs and wants of the target market. The product offers a competively unique combination of advanced features and functionality at value-added price. The product is also helpful for health. Despite there are a lot of competitors‚ our success about the Olive tea is sure. The primary
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Bargain Brand vs. Brand Name Introduction In this lab the main purpose was to research for a company that made bargain brand products to see if college students equally like bargain bands to name brands. The experiment that was preformed was based solely on the taste of the products. To be sure the only thing that affect the experiment was taste‚ the experiment was made a single blind experiment‚ which is simply the administer knows which product is which but the test subject does not. To start
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CASE STUDY: STARBUCKS SELLING COFFEE IN THE LAND OF TEA (p. 127-128) Question 1 Many of the same environmental factors‚ such as cultural factors‚ that operate in the domestic market also exist internationally. Discuss the key cultural factors Starbucks had to consider as it expanded into China. The key cultural factors Starbucks had to consider is that Chinese’s culture of tea drinking. They decided to market coffee and the brand Starbucks as China’s “new sophistication”. As being a communist
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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 Extensions Brand extension is a marketing strategy according to which a company marketing a product or a service launches a new offering (product or service) that is related to the one of the existing brands of the company‚ but offers different benefits and/or targets a different segment. Organizations use this strategy to increase and leverage upon their brand equity. When a firm is introducing a new product‚ it has the following 3 choices on branding: 1. Developing a new brand for the
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