Brand Equity A brand represents 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 competition.” Without a recognizable brand‚ a product is but a mere commodity. It’s more than just a name‚ term‚ symbol‚ etc. – a brand is everything that one company’s particular offering stands for in comparison to other brands in a cate-gory of competitive products. As the value
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The whole Ready-to-Eat (RTE) breakfast cereal industry is a very profitable industry in general with the Big Three: Kellogg‚ General Mills‚ and Philip Morris dominating more than seventy percent market share. By using 5-Force Analysis‚ we can have a deeper insight of this Industry: • Entry Barrier: High The Big Three has spent large amount of money on advertising to establish brand recognition and to promote sales. By paying grocers “slotting allowance”‚ the Big Three gain shelf space advantage
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BUS 152A September 18‚ 14 Case Write Up #1 Clean Edge Razor: Splitting Hairs in Product Positioning Problem A well-known health and beauty company‚ Paramount is launching a high-technology nondisposable razor‚ Clean Edge. They are searching for the most efficient way to gain market share. Their concerns come down to three main problems: whether they should target niche market and price the product in the super-premium segment‚ or aim mainstream market and gain broad appeal‚ ;whether they should
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DEVELOPING PRODUCT-IDENTIFICATION AND ASCERTAINING ITS DEMAND IN METROPOLITAN CITIES OF INDIA INTRODUCTION 1.0 Background & Need of the Problem Most of the schools in big Indian cities start functioning at 7.30 -8.00 in the morning and work up to 1.30 -2.00 p.m. with some variation in some day schools. This range of timings in double-shift schools is still less. For reaching the school on time‚ children have to leave much earlier
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Herman miller long run recommendation For long term we regard that Herman miller need to continue the innovation strategy coz Herman miller have the outstanding team to renew and reinvent itself to adapt the changing market. First of all‚ Herman miller needs to design a new series for Asian people‚ coz as we all know HM’s products is famous for ergonomic chair that is design for human body‚ but the fact is the shape of Asian people is different from Western people‚ for example the average height
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FAVOURATE BRANDS: 1. SONY ERICCSON-K800i 2. MERCURY WOOFERS 3. BMW 4. PANDA BEAR 5. WRIST WATCH-SAMSUNG DESCRIPTION ABOUT THE FAVOURATE BRANDS: ➢ SONY ERICCSON-K800i: What do you like about the product or brand name? I like Sony Ericsson-K800i because its sound quality‚ graphics and other features are too much better than all other hand sets. What do you dislike? I don’t like its joy stick because it is very sensitive and become an interrupt for me. What
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I. CURRENT SITUATION A. Current Performance: Currently‚ Tiffany’s competitors’ aggressiveness in the industry is taking a toll on Tiffany’s stock price. From a high of $41.38 per share in January 2003‚ Tiffany’s stock price went down to $23.06 per share as of March 2003. The decline was due to many factors such as competition‚ economic recession‚ and SAR epidemic. Working capital and the corresponding current ratio were $612‚978‚000 and 2.8:1 at January 31‚ 2003‚ compared to $667‚647‚000 and
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Brand Image 2.1 Happy lemon History Happy lemon is one of the successful brands in mainland of China. It was established in August‚ 2006. (Anthonyalde‚ 2012) It has most number of branches in the field and provides a delicious variety of cute drinks and boutique espresso beverages. The Official Website showed that there are over 260 branches located in China and over 10 branches located in Australia‚ Phillippines and Singapore in current. (Happylemon‚ 2013) Its logo with vivid and fresh design
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Market Penetration and Acquisition Strategies for Emerging Economies Klaus E. Meyer Professor of Business Administration Box 218‚ University of Reading Business School Whiteknights‚ Reading‚ Berkshire‚ RG6 6AA‚ UK km.cees@cbs.dk Yen Thi Thu Tran PhD Student Copenhagen Business School Kilevej 14 A‚ 6.‚ 2000 Frederiksberg‚ Denmark yttt.ivs@cbs.dk This version: 25 January‚ 2006 Please refer to the published version of this paper when citing: Meyer‚ Klaus E. & Tran‚ Yen Thi Thu (2006): Market
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Strategies for branding development 1. What is product and what is brand 2. Why is branding important 3. How do we build successful brands 4. How do we manage Brands 1. In order to properly evaluate brands and branding theories‚ we should explain the difference between products and brands. A Product is a physical good‚ service‚ idea‚ person‚ or place that is capable of offering tangible and intangible attributes that individuals or organisations regard as so necessary‚ worthwhile or satisfying
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