Legally protecting unique features Signal of quality level Endowing products with unique associations Source of competitive advantage Source of financial returns Brand as an Output Process Brands are not something we do to consumers. Rather‚ branding should be seen as “something consumers do with things” (De Chernatony et al‚ 2011 pg 46) 8 Category Typology: Brand as a...... 1)... sign of ownership 2)... differentiating device 3)... functional device 4)... symbolic device 5)... risk reducer 6)
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Brands‚ Products and Consumers Cheng Li ID: 3964826 1. Introduction Brand and products have become apart of our lives. What is a brand? You to a strange city‚ hungry and looking for a hotel‚ the hotel is also a lot of what you see is also a lot to look decent. But mostly unfamiliar names‚ except a McDonald’s you know. Here are a few hotels‚ would
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BMW - AN EMOTIONAL BRAND The automobile industry has grown to be a very dynamic one in the recent years. Even though the essential use of this industry has been to satisfy the customer’s need to travel from one place to another in comfort‚ the constantly changing market‚ has slowly changed customer’s needs into wants paving way for high competition in the automobile arena. This essay gives a brief analysis on BMW‚ one of the leading brands in the industry and how they effectively use marketing
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Levels of product Core product The core product is not the tangible physical product. We can’t touch it. That’s because the core product is the benefit of the product that makes it valuable to us. So with the car example‚ the benefit is convenience the ease at which we can go where we like‚ when we want to. Another core benefit is speed since we can travel around relatively quickly. Actual product The actual product is the tangible‚ physical product. We can get some use out of it. Again with the
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by the Fusion name. Fusion is the driver brand while Gillette creates a strong identity and clear visibility for the Fusion name on the package‚ retail rack‚ and in consumers’ minds. As you might guess‚ if a company is going to take a driver sub-branding approach‚ then the sub-brand must generate real response to its entrance in the marketplace to succeed. 2. Co-Driver Sub-Brands—In this case both the parent brand and the sub-brand play major—and often equal—roles in driving the consumer toward
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of Consumer Buying Behaviour 3.2 Types of Consumer Buying Behaviour 3.2.1 Complex Buying Behaviour 3.2.2 Dissonance-Reducing Buying Behaviour 3.2.3 Habitual Buying Behaviour 3.2.4 Variety-Seeking Buying Behaviour 4. Role of Packaging in Product Branding 5. Packaging- It’s Influence on Consumers 5.1 Elements of Packaging 5.1.1 Visual Elements 5.1.2 Informational Elements 6. Model of Consumer Buying Behaviour 7. Kapferer’s Brand Identity Prism 7.1 Role of Packaging in Creating Brand Physique
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Accenture 1. How did Accenture transfer the brand equity from its original name‚ Andersen Consulting‚ to the new company name? The way that Accenture transferred brand equity from its original name to the new company name was by specially branding the new one‚ and looking at a new name as a fresh start‚ re-introducing itself to its customers‚ and the world. With a new name‚ this allows them to start fresh without the backdrop of a history‚ and especially since the name was created by one
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Rebuilding the Brand Strategy of L’Oreal for Men in Mainland China Chao Li Dissertation 17 October‚ 2008 Declaration Student Agreement: I understand that the Oxford Brookes University has the non-exclusive right to electronically store‚ copy or translate my thesis/dissertation‚ in whole or in part‚ for the purpose of future preservation
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CHAPTER 1 INTRODUCTION 1.1 INTRODUCTION OF THE STUDY The aim of marketing is to meet and satisfy target customers needs and wants. Understanding the consumer behavior and consumers is never simple. Consumers may say one thing but do another. They may not be in touch with their deeper motivations. They may respond to influences that change their minds at the last minute. Studying customers provides clues for developing r new products‚ product features‚ prices‚ channels‚ messages and
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basic dimensions: perceived quality‚ brand loyalty‚ brand associations‚ and brand trust. Emergence of brand trust as a new dimension instead of brand awareness complies well with recent literature on global branding‚ global consumption orientation‚ and corporate reputation. KEYWORDS. Branding and brand management‚ structural equation modeling‚ brand equity‚ global brands INTRODUCTION Brand equity has been an issue of increasing importance in recent years. It is defined as the difference in consumer
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