Brand Management The scope of a brand manager's function varies from company to company, but the core job function is to search for the most productive way to build long-term profitability for a product. How you reach this goal can vary widely between consumable and durable goods. Traditional brand management focuses on consumable goods with a short repeat purchase cycle, in which sales respond rapidly to changes in price, product, packaging, distribution and promotion. The typical career path
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Brand guide Version 1.0 This book presents a new brand strategy for Samsung: — who we serve, — what we stand for, and — how we communicate our value. It begins by painting a clearer picture of our core consumer, then defines a new brand platform that will help us build a more powerful emotional connection with this target. Finally, it provides the visual and verbal elements we need to bring our brand story to life. Think of this book as a user’s manual for our brand. It will help all
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Aqualisa Quartz Subject: How to best market the new Aqualisa Quartz line of showers Problem: Aqualisa has created a superior new shower line that seems to be perfect for the needs of customers but the sales are far below expectations. Customers do not have brand awareness of Aqualisa, plumbers are wary of innovation and salesmen are unsure of how to positively market a product without negatively reflecting on other products in their company. Background of the situation: In the United Kingdom
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to follow or implement. We will look at each of these generic strategies in turn. First we will look at low-cost, focus and pre-emptive strategies and differentiation strategies. The latter leads us to consider product and service quality, customer focus and relevant issues relating to brand management. COMPETITIVE ADVANTAGE SHOULD BE MARKET LED The literature on the subject is dominated by Porter (1980a and b, 1985, 1987), though his propositions are not without its critics (viz. Cronshaw et al.
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3140-001 25 March 2013 “How Global Brands Compete” Article In this article “How Global Brands Compete,” the author discusses the influence of global brands and non-global brands on consumer purchases. The author also expresses the idea of products and services in which Theodore Levitt perceived the global market. As the economy continues to integrate, global branding seemed to decrease. Consumers in most of the world countries have trouble relating to the generic products and communications that
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FULL TIME – F13 PRODUCT AND BRAND MANAGEMENT TAKE HOME ASSIGNMENT (Individual) SUBMISSION DEADLINE: 15/11/2014 MARKS: 20 MARKS 1. Company X has a dominant share in the Indian sauce market and also owns a successful brand in the category. Research showed the company that there was a need for a sauce with a unique taste which could be taken with Indian as well as western snack foods. The company introduced ‘Tom Imli’, a tomato sauce with tamarind and tangy spices. The product is targeted at
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have healthier and more fulfilling lives.” There are numerous products within the Olympus Corporation. In order to help benefit the company I believe it would be in their best interest to have at least two separate mission statements: the one shown above and one specifically regarding their electronics. When navigating throughout the company’s website I initially thought I was looking up the wrong ‘Olympus’ due to their lack of product line display. I had to reroute to a website within their electronics
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purchase or sales of a product or service. While its main purpose is to stimulate quick response at targeted consumers, it is not effective at building long-term brand preferences. There are essentially three types of benefits of sales promotion: utilitarian, where the consumer is able to justify value of product through utility; hedonic, how one is able to derive pleasure from; and affective, which are additional utilitarian benefits. If a consumer feels that his purchased product is being utilized to
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Section B | 1. Prepare a Five Forces Analysis of the personal computer industry. (Think of your traditional Windows based PC.) How attractive is this industry? In order to properly identify and evaluate competitive position of personal computer , competitive analaysis model has been created to fully depict the position of display systems according to current scenario * The
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manufacturers of paints and coatings. Jotun has been in the Chinese market since 1983, initially focusing only on marine coatings and protective coatings where the brand became very successful. Encouraged by this, Jotun China decided to enter the Chinese decorative paint market in 2001 with the long term goal of becoming the market’s leading brand. However, after 8 years in the Chinese decorative paint market, Jotun China has not been able to replicate its previous successes. Therefore, we the authors of
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