The document discusses various aspects of branding including:
1. The purpose of branding is to create an emotional connection with customers through compelling visual, written and vocal tools that represent the business plan.
2. Brand identity includes elements like names, logos, positioning and personality. It adds emotion, culture and myths to the brand.
3. Tools for building brand identity include owned words, slogans, colors, symbols, logos, cartoons, animations and objects. These tools help project the brand image and strengthen brand recognition.
Brand association program display talk show not four eyes “bukan empat mata” ...Alexander Decker
This document summarizes a study on brand associations for the Trans7 talk show program "Not Four Eyes". The study analyzed 9 attributes related to the program to determine which had the strongest perception among viewers. The attributes included humor, the host Tukul Arwana, and others. Through a survey and statistical analysis, the study aimed to identify the most prominent brand attributes that formed viewers' impressions of the program. The findings could help establish a strong brand image for "Not Four Eyes".
Ford Motor Company has seen success through constant innovation, adapting to changes in the market, environment, and consumer demands. The company fosters an organizational culture of open communication and employee involvement to generate new ideas. Ford focuses on product innovation through safety features, developing self-driving cars, and other technologies. It also pursues green innovations like electric vehicles and more efficient production processes. Through this innovation and ability to evolve incrementally, Ford has remained competitive against other automakers.
This is a brand audit for the brand Burberry, focusing their product trench coat, using secondary research problems were identified and recommendations were made accordingly.
Ford India was established in 1995 and manufactures vehicles in India. It launched the Ford Figo and Endeavour targeting the Indian market. Ford invested in print media but found it lacked interactivity. It augmented print ads to provide engaging mobile content like videos to users, creating a more personal experience. This witnessed over 48,000 interactions and 80% of users accessed additional information. It was the first time static ads were converted into interactive engagement generating more value and deeper audience connections.
The article analyzes the concept of the brand, the advantages and disadvantages of the brand, the best brands in the world. The article states that a brand is a graphic mark, word or phrase that denotes and distinguishes goods belonging to one company from goods belonging to another company. The brand is one of the elements of marketing, advertising. Brand may include various symbols, their combinations, and other visual information. Brand can consist of a brand name and a brand symbol. Brand should not be confused with the company logo, which identifies the company itself, but the company may use a common mark, in which case both the logo and the brand are as follows itself. Margarita Išoraite "Best Brand in the World" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46351.pdf Paper URL : https://www.ijtsrd.com/management/marketing/46351/best-brand-in-the-world/margarita-išoraite
The document discusses various aspects of branding including:
1. The purpose of branding is to create an emotional connection with customers through compelling visual, written and vocal tools that represent the business plan.
2. Brand identity includes elements like names, logos, positioning and personality. It adds emotion, culture and myths to the brand.
3. Tools for building brand identity include owned words, slogans, colors, symbols, logos, cartoons, animations and objects. These tools help project the brand image and strengthen brand recognition.
Brand association program display talk show not four eyes “bukan empat mata” ...Alexander Decker
This document summarizes a study on brand associations for the Trans7 talk show program "Not Four Eyes". The study analyzed 9 attributes related to the program to determine which had the strongest perception among viewers. The attributes included humor, the host Tukul Arwana, and others. Through a survey and statistical analysis, the study aimed to identify the most prominent brand attributes that formed viewers' impressions of the program. The findings could help establish a strong brand image for "Not Four Eyes".
Ford Motor Company has seen success through constant innovation, adapting to changes in the market, environment, and consumer demands. The company fosters an organizational culture of open communication and employee involvement to generate new ideas. Ford focuses on product innovation through safety features, developing self-driving cars, and other technologies. It also pursues green innovations like electric vehicles and more efficient production processes. Through this innovation and ability to evolve incrementally, Ford has remained competitive against other automakers.
This is a brand audit for the brand Burberry, focusing their product trench coat, using secondary research problems were identified and recommendations were made accordingly.
Ford India was established in 1995 and manufactures vehicles in India. It launched the Ford Figo and Endeavour targeting the Indian market. Ford invested in print media but found it lacked interactivity. It augmented print ads to provide engaging mobile content like videos to users, creating a more personal experience. This witnessed over 48,000 interactions and 80% of users accessed additional information. It was the first time static ads were converted into interactive engagement generating more value and deeper audience connections.
The article analyzes the concept of the brand, the advantages and disadvantages of the brand, the best brands in the world. The article states that a brand is a graphic mark, word or phrase that denotes and distinguishes goods belonging to one company from goods belonging to another company. The brand is one of the elements of marketing, advertising. Brand may include various symbols, their combinations, and other visual information. Brand can consist of a brand name and a brand symbol. Brand should not be confused with the company logo, which identifies the company itself, but the company may use a common mark, in which case both the logo and the brand are as follows itself. Margarita Išoraite "Best Brand in the World" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46351.pdf Paper URL : https://www.ijtsrd.com/management/marketing/46351/best-brand-in-the-world/margarita-išoraite
This document provides an abstract for a bachelor thesis on effective brand building using McDonald's Corporation as a case study. The thesis will examine branding concepts and theories and analyze McDonald's brand building process to understand how it created such an extraordinary brand. It will explore what a brand is, approaches to brand building, brand equity and drivers, and models for assessing brands. It will then analyze McDonald's brand equity drivers, marketing activities, struggles and successes over time. The thesis aims to show how important it is for companies to have a well-thought-out branding strategy and understand the brand building process in order to control how their brand is perceived by consumers.
The document discusses various aspects of branding, including:
1) It outlines the process of understanding branding and building a brand from products to establishing brand attributes like name, logo, colors and essence.
2) It describes different branding management strategies like co-branding, stealth branding, fighting brands, and multi-branding.
3) It covers brand architecture approaches like house of brands, endorsed brands, sub-brands and branded houses.
4) An exercise compares options for branding strategies like using a single brand family, launching a stand-alone new brand, or transferring brand assets from an existing brand.
The document summarizes a team project for a consumer behavior class on Ford Motor Company. It includes sections on motivations for choosing Ford from a survey of 20 owners, results of the survey showing the top reasons were price, tradition, and recommendations. The recommendations suggest sellers be committed to the brand, fully understand Ford's products, and communicate Ford's sustainability and awards to customers. In general, the document finds consumers choose Ford for both practical and emotional reasons related to its attributes and their needs.
Best Branding Practices in China: Automotive IndustryLabbrand
品牌 (PINPAI) is the Chinese word for “brand”. With its unique culture and economic growth, China is one of the most ideal markets for international brands. For similar reasons, China is also at the center of media attention in terms of economy, politics and performance. Unlike most foreign market, the concept of branding is relatively new. Thus, the process of building PINPAI is different.
For 10 years, from 2001 to 2010, the Chinese automotive industry has experience tremendous growth at a staggering rate of 25.3% per year. This rate is much higher than the average global growth and led to a competitive industry with more than 100 different brands from both local and foreign companies.
In 2011, China has ended its high-speed growth and entered a stage of single digital expansion rate. On the macro level, factors that caused the slow-down include the Chinese Central Bank raising its deposit-reserve ratio for six times in 2011, which increased the difficulties to finance certain enterprises. In terms of regulations, the Chinese government has ended its stimulus packages and introduced tightening limit for new vehicle licensing in major cities. The soaring fuel prices also influenced purchase intention among Chinese consumers. The importance of establishing a strong brand in times like these could not be more evident.
The document discusses the importance of branding for companies. It states that brands allow companies to differentiate their products and services from competitors. Brands create associations and expectations for consumers about a company's products. Companies invest significant resources into building brands because brands help form relationships with customers and increase loyalty and profits. The document then provides definitions and explanations of key branding concepts like brand equity, brand image, and brand extensions.
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
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This document discusses branding and brand management. It covers key topics like understanding the difference between products and brands, brand attributes like name, logo and colors, and brand management strategies like co-branding, stealth branding, fighting brands, and multi-branding. The document provides examples and discusses brand essence, architecture, and the importance of consistency in building a strong brand.
This document provides an overview of the evolution of brand building literature from traditional branding to modern brand building models. [1] Traditionally, brands were seen as simple identifiers to distinguish products and create brand images. [2] In recent decades, the focus shifted to see brands as strategic assets that create value and form relationships with customers. [3] Modern brand building models, like brand orientation, brand leadership, and brand asset management, emphasize developing brand identities, building brand equity, and leveraging brands as strategic resources.
This document provides an overview of Metro Ford, a car dealership in Bangalore, India that has been an authorized Ford dealer since 1996. It discusses Metro Ford's mission and vision, finance options available to customers, and value-added services provided like waxing, insurance assistance, and a customer reception area. The document also gives a brief history of Ford Motor Company and its founder Henry Ford.
The document discusses Ford Motor Company and its shift towards providing more services to customers. It notes that Ford acts as a service-oriented company by offering extended warranties, replacement parts, and financing options. While Ford is good at designing cars, the document argues it should also focus on services like maintenance and repairs to address high customer expectations and gain a competitive advantage over other manufacturers.
Bajaj Auto is an Indian automotive company and the world's fourth largest manufacturer of motorcycles and three-wheelers. It was founded in 1926 and is headquartered in Pune, India. The company produces motorcycles, scooters, and auto rickshaws and has a presence in over 50 countries worldwide through exports and joint ventures. A key joint venture partner is Kawasaki Heavy Industries of Japan. The document provides an overview of Bajaj Auto's history, leadership, facilities, products, and joint ventures.
Why product design and demand can impact on supply chain structure and strategy.Wayne Harper
This report discusses the need to balance product design & demand elements when managing the implementation of SCM strategies. It follows on from my report on Procurement & Production processes (see above) using the Holden vs Ford case study.
Branding im Digital Age. Alles brandneu?Carsten Totz
Welche Auswirkungen hat die Digitalisierung auf Branding und Brand Management? -- Die Digitalisierung macht Interaktionen zum Kern der Markenführung. Die Vernetzung von Kontaktpunkten und Komplexität der Systeme werden zu neuen Herausforderungen. Die alten Branding-Basics bleiben relevant, reichen alleine aber nicht mehr aus. „Weiche Faktoren“ wie die Verinnerlichung der Bestimmung, Mission und/oder Kultur sichern Handlungsschnelligkeit in der operativen Markenführung. Markenführung im Digital Age muss tiefer in Unternehmen eingreifen. Neben das Re-Styling tritt zunehmend ein Re-Engineering. Dies erfordert die verstärkte Einbeziehung der Unternehmensführung.
5 Ps of strategy - strategic management - Manu Melwin Joymanumelwin
Professor Henry Mintzberg articulated the "5 Ps of strategy" which are: plan, ploy, position, pattern, and perspective. Understanding strategy as a plan, ploy, position, pattern, or perspective is important according to Mintzberg. The document discusses Professor Henry Mintzberg's conceptualization of the "5 Ps of strategy" as different ways of viewing strategy.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses guidelines for conducting a brand audit. It explains that a brand audit involves both a brand inventory and brand exploratory. The brand inventory assesses internal brand elements, marketing programs, positioning, and competitors. The brand exploratory uncovers consumer perceptions, associations, and brand equity. The document provides an outline for a brand audit report, which includes executive summary, background on the brand and industry, consumer analysis, inventory and exploratory sections, and recommendations.
Wir leben in einer dynamischen und digitalisierten Welt. Noch nie waren wir mit anderen Menschen schneller und einfacher vernetzt als heute. Die Entwicklung in Kultur, Technologie und Wirtschaft führt zu neuen Formen, wie wir uns verbinden, kommunizieren und konsumieren. Was bedeutet diese Flexibilisierung für eine Marke? Warum darf sich eine Marke nicht gegen Veränderung wehren, sondern muss aktiv etwas dazu beitragen? So wie Unternehmen und Institutionen jeden Tag wachsen, so wachsen auch ihre Marken, ihre Identitäten und ihre Kommunikation. Wie wird eine Marke zu einem lebendigen Organismus? »Brand Holism« ist ein neues Verständnis von Strategie, Identität und Ausdruck einer Marke und bietet eine inspirierende Hilfestellung für alle, die für und mit Marken arbeiten.
—
www.dynamicbranding.info
—
Dieser Vortrag fand am 3. Dezember 2014 bei think moto in Berlin statt.
Volkswagen Group India represents three major brands - Volkswagen, Audi and Skoda in India. It has established production facilities and dealerships across India. As part of its '18plus' strategy, Volkswagen aims to increase sales volumes globally including in high-growth markets like India and China. In India specifically, Volkswagen plans to increase its market share from 1% currently to 10% in the next five years through aggressive pricing, advertising and expanding its product portfolio across brands and segments.
Volkswagen launched an innovative marketing campaign on LinkedIn to raise brand awareness among Indian professionals. They created a Company Page to engage with customers, allowing them to post reviews and recommendations of VW cars. Volkswagen then used LinkedIn Recommendation Ads targeting professionals, receiving over 2,700 recommendations for VW models within 30 days and gaining 2,300 new followers. The campaign was highly successful at connecting with customers in a professional context online.
Volkswagen launched an innovative marketing campaign on LinkedIn to raise brand awareness among Indian professionals. They created a Company Page to engage with customers, allowing them to post reviews and recommendations of VW cars. Volkswagen then used LinkedIn Recommendation Ads targeting professionals, receiving over 2,700 recommendations for VW models within 30 days and gaining 2,300 new followers. The campaign was highly successful at connecting VW with customers in a professional context online.
Entrepreneurship Mishaps
For an entrepreneurial idea to remain relevant in society, and maintain market value, constant innovation to improve and enhance the idea is a must. Innovation involves adding some new features to the already existing business model. Change is inevitable, therefore, entrepreneurs have to adjust to the changes that occur in markets, and plan in anticipation of changes to come in the near future. Failure to adjust to the changes in the markets could be detrimental to the success of any brand or entrepreneurial venture. Many business organizations have crashed out of the market due to their failure to constantly innovate and add new features to match the new market demands. Also, technology has advanced so much in the current world. Any organization that forfeits an opportunity to embrace technology will probably fade out of business in the near future. Some of the great entrepreneurial giants that have failed due to lack of innovation include; Polaroid, Blackberry, Nokia, Blockbusters, and Kodak.
Kodak, a giant in the photography industry, and was established in the 1880s. Kodak was the leading company in photography for many decades with its sales records surpassing ten billion dollars in 1981. However, the name has faded away from the industry with the company filing for bankruptcy in 2012. The failure of this giant can be attributed to a lack of innovation that matches the digital world demands. Despite Kodak’s management being aware of the need to embrace digital photography, they failed to capitalize on the opportunity. Fuji, a Japanese firm, introduced a colored camera which was cheaper than Kodak's cameras. Fuji also incorporated digital features in its devices hence attracting more customers. Kodak’s sales started dropping gradually as the market shifted from analog to digital. Due to the slow initiative to embrace digital photography Kodak finally went out of business, (Yuzawa, 2018).
Blockbuster was a leading movie and film store, a giant in the entertainment industry. The company had successfully survived the shift from VHS to DVD. That was one good strategy that kept the company ahead in the film entertainment industry. More innovations such as the introduction of internet services provided an avenue through which film entertainment could be scaled up to a notch higher. Blockbuster was, however, not much embracing of internet innovation. The company turned down a partnership deal with Netflix, in which Blockbusters would promote Netflix in its stores and Netflix would air Blockbuster’s content on the internet platforms, (Ciccone, 2017). Currently, Netflix is the leading film entertainment organization on Livestream media via the internet while Blockbusters is history.
Both Kodak and Blockbusters were the leading organizations in the film photography and entertainment industries respectively. The two giants failed to capitalize on the opportunity available to advance their market leadership. Kodak was not s ...
This document provides an abstract for a bachelor thesis on effective brand building using McDonald's Corporation as a case study. The thesis will examine branding concepts and theories and analyze McDonald's brand building process to understand how it created such an extraordinary brand. It will explore what a brand is, approaches to brand building, brand equity and drivers, and models for assessing brands. It will then analyze McDonald's brand equity drivers, marketing activities, struggles and successes over time. The thesis aims to show how important it is for companies to have a well-thought-out branding strategy and understand the brand building process in order to control how their brand is perceived by consumers.
The document discusses various aspects of branding, including:
1) It outlines the process of understanding branding and building a brand from products to establishing brand attributes like name, logo, colors and essence.
2) It describes different branding management strategies like co-branding, stealth branding, fighting brands, and multi-branding.
3) It covers brand architecture approaches like house of brands, endorsed brands, sub-brands and branded houses.
4) An exercise compares options for branding strategies like using a single brand family, launching a stand-alone new brand, or transferring brand assets from an existing brand.
The document summarizes a team project for a consumer behavior class on Ford Motor Company. It includes sections on motivations for choosing Ford from a survey of 20 owners, results of the survey showing the top reasons were price, tradition, and recommendations. The recommendations suggest sellers be committed to the brand, fully understand Ford's products, and communicate Ford's sustainability and awards to customers. In general, the document finds consumers choose Ford for both practical and emotional reasons related to its attributes and their needs.
Best Branding Practices in China: Automotive IndustryLabbrand
品牌 (PINPAI) is the Chinese word for “brand”. With its unique culture and economic growth, China is one of the most ideal markets for international brands. For similar reasons, China is also at the center of media attention in terms of economy, politics and performance. Unlike most foreign market, the concept of branding is relatively new. Thus, the process of building PINPAI is different.
For 10 years, from 2001 to 2010, the Chinese automotive industry has experience tremendous growth at a staggering rate of 25.3% per year. This rate is much higher than the average global growth and led to a competitive industry with more than 100 different brands from both local and foreign companies.
In 2011, China has ended its high-speed growth and entered a stage of single digital expansion rate. On the macro level, factors that caused the slow-down include the Chinese Central Bank raising its deposit-reserve ratio for six times in 2011, which increased the difficulties to finance certain enterprises. In terms of regulations, the Chinese government has ended its stimulus packages and introduced tightening limit for new vehicle licensing in major cities. The soaring fuel prices also influenced purchase intention among Chinese consumers. The importance of establishing a strong brand in times like these could not be more evident.
The document discusses the importance of branding for companies. It states that brands allow companies to differentiate their products and services from competitors. Brands create associations and expectations for consumers about a company's products. Companies invest significant resources into building brands because brands help form relationships with customers and increase loyalty and profits. The document then provides definitions and explanations of key branding concepts like brand equity, brand image, and brand extensions.
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
This document discusses branding and brand management. It covers key topics like understanding the difference between products and brands, brand attributes like name, logo and colors, and brand management strategies like co-branding, stealth branding, fighting brands, and multi-branding. The document provides examples and discusses brand essence, architecture, and the importance of consistency in building a strong brand.
This document provides an overview of the evolution of brand building literature from traditional branding to modern brand building models. [1] Traditionally, brands were seen as simple identifiers to distinguish products and create brand images. [2] In recent decades, the focus shifted to see brands as strategic assets that create value and form relationships with customers. [3] Modern brand building models, like brand orientation, brand leadership, and brand asset management, emphasize developing brand identities, building brand equity, and leveraging brands as strategic resources.
This document provides an overview of Metro Ford, a car dealership in Bangalore, India that has been an authorized Ford dealer since 1996. It discusses Metro Ford's mission and vision, finance options available to customers, and value-added services provided like waxing, insurance assistance, and a customer reception area. The document also gives a brief history of Ford Motor Company and its founder Henry Ford.
The document discusses Ford Motor Company and its shift towards providing more services to customers. It notes that Ford acts as a service-oriented company by offering extended warranties, replacement parts, and financing options. While Ford is good at designing cars, the document argues it should also focus on services like maintenance and repairs to address high customer expectations and gain a competitive advantage over other manufacturers.
Bajaj Auto is an Indian automotive company and the world's fourth largest manufacturer of motorcycles and three-wheelers. It was founded in 1926 and is headquartered in Pune, India. The company produces motorcycles, scooters, and auto rickshaws and has a presence in over 50 countries worldwide through exports and joint ventures. A key joint venture partner is Kawasaki Heavy Industries of Japan. The document provides an overview of Bajaj Auto's history, leadership, facilities, products, and joint ventures.
Why product design and demand can impact on supply chain structure and strategy.Wayne Harper
This report discusses the need to balance product design & demand elements when managing the implementation of SCM strategies. It follows on from my report on Procurement & Production processes (see above) using the Holden vs Ford case study.
Branding im Digital Age. Alles brandneu?Carsten Totz
Welche Auswirkungen hat die Digitalisierung auf Branding und Brand Management? -- Die Digitalisierung macht Interaktionen zum Kern der Markenführung. Die Vernetzung von Kontaktpunkten und Komplexität der Systeme werden zu neuen Herausforderungen. Die alten Branding-Basics bleiben relevant, reichen alleine aber nicht mehr aus. „Weiche Faktoren“ wie die Verinnerlichung der Bestimmung, Mission und/oder Kultur sichern Handlungsschnelligkeit in der operativen Markenführung. Markenführung im Digital Age muss tiefer in Unternehmen eingreifen. Neben das Re-Styling tritt zunehmend ein Re-Engineering. Dies erfordert die verstärkte Einbeziehung der Unternehmensführung.
5 Ps of strategy - strategic management - Manu Melwin Joymanumelwin
Professor Henry Mintzberg articulated the "5 Ps of strategy" which are: plan, ploy, position, pattern, and perspective. Understanding strategy as a plan, ploy, position, pattern, or perspective is important according to Mintzberg. The document discusses Professor Henry Mintzberg's conceptualization of the "5 Ps of strategy" as different ways of viewing strategy.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses guidelines for conducting a brand audit. It explains that a brand audit involves both a brand inventory and brand exploratory. The brand inventory assesses internal brand elements, marketing programs, positioning, and competitors. The brand exploratory uncovers consumer perceptions, associations, and brand equity. The document provides an outline for a brand audit report, which includes executive summary, background on the brand and industry, consumer analysis, inventory and exploratory sections, and recommendations.
Wir leben in einer dynamischen und digitalisierten Welt. Noch nie waren wir mit anderen Menschen schneller und einfacher vernetzt als heute. Die Entwicklung in Kultur, Technologie und Wirtschaft führt zu neuen Formen, wie wir uns verbinden, kommunizieren und konsumieren. Was bedeutet diese Flexibilisierung für eine Marke? Warum darf sich eine Marke nicht gegen Veränderung wehren, sondern muss aktiv etwas dazu beitragen? So wie Unternehmen und Institutionen jeden Tag wachsen, so wachsen auch ihre Marken, ihre Identitäten und ihre Kommunikation. Wie wird eine Marke zu einem lebendigen Organismus? »Brand Holism« ist ein neues Verständnis von Strategie, Identität und Ausdruck einer Marke und bietet eine inspirierende Hilfestellung für alle, die für und mit Marken arbeiten.
—
www.dynamicbranding.info
—
Dieser Vortrag fand am 3. Dezember 2014 bei think moto in Berlin statt.
Volkswagen Group India represents three major brands - Volkswagen, Audi and Skoda in India. It has established production facilities and dealerships across India. As part of its '18plus' strategy, Volkswagen aims to increase sales volumes globally including in high-growth markets like India and China. In India specifically, Volkswagen plans to increase its market share from 1% currently to 10% in the next five years through aggressive pricing, advertising and expanding its product portfolio across brands and segments.
Volkswagen launched an innovative marketing campaign on LinkedIn to raise brand awareness among Indian professionals. They created a Company Page to engage with customers, allowing them to post reviews and recommendations of VW cars. Volkswagen then used LinkedIn Recommendation Ads targeting professionals, receiving over 2,700 recommendations for VW models within 30 days and gaining 2,300 new followers. The campaign was highly successful at connecting with customers in a professional context online.
Volkswagen launched an innovative marketing campaign on LinkedIn to raise brand awareness among Indian professionals. They created a Company Page to engage with customers, allowing them to post reviews and recommendations of VW cars. Volkswagen then used LinkedIn Recommendation Ads targeting professionals, receiving over 2,700 recommendations for VW models within 30 days and gaining 2,300 new followers. The campaign was highly successful at connecting VW with customers in a professional context online.
Entrepreneurship Mishaps
For an entrepreneurial idea to remain relevant in society, and maintain market value, constant innovation to improve and enhance the idea is a must. Innovation involves adding some new features to the already existing business model. Change is inevitable, therefore, entrepreneurs have to adjust to the changes that occur in markets, and plan in anticipation of changes to come in the near future. Failure to adjust to the changes in the markets could be detrimental to the success of any brand or entrepreneurial venture. Many business organizations have crashed out of the market due to their failure to constantly innovate and add new features to match the new market demands. Also, technology has advanced so much in the current world. Any organization that forfeits an opportunity to embrace technology will probably fade out of business in the near future. Some of the great entrepreneurial giants that have failed due to lack of innovation include; Polaroid, Blackberry, Nokia, Blockbusters, and Kodak.
Kodak, a giant in the photography industry, and was established in the 1880s. Kodak was the leading company in photography for many decades with its sales records surpassing ten billion dollars in 1981. However, the name has faded away from the industry with the company filing for bankruptcy in 2012. The failure of this giant can be attributed to a lack of innovation that matches the digital world demands. Despite Kodak’s management being aware of the need to embrace digital photography, they failed to capitalize on the opportunity. Fuji, a Japanese firm, introduced a colored camera which was cheaper than Kodak's cameras. Fuji also incorporated digital features in its devices hence attracting more customers. Kodak’s sales started dropping gradually as the market shifted from analog to digital. Due to the slow initiative to embrace digital photography Kodak finally went out of business, (Yuzawa, 2018).
Blockbuster was a leading movie and film store, a giant in the entertainment industry. The company had successfully survived the shift from VHS to DVD. That was one good strategy that kept the company ahead in the film entertainment industry. More innovations such as the introduction of internet services provided an avenue through which film entertainment could be scaled up to a notch higher. Blockbuster was, however, not much embracing of internet innovation. The company turned down a partnership deal with Netflix, in which Blockbusters would promote Netflix in its stores and Netflix would air Blockbuster’s content on the internet platforms, (Ciccone, 2017). Currently, Netflix is the leading film entertainment organization on Livestream media via the internet while Blockbusters is history.
Both Kodak and Blockbusters were the leading organizations in the film photography and entertainment industries respectively. The two giants failed to capitalize on the opportunity available to advance their market leadership. Kodak was not s ...
Marketing And Integrated Marketing Communications StrategyRachel Phillips
Advantage Kayaks is a small boutique kayak manufacturer that has experienced growth over 10 years. It is seeing increased competition and wants to expand by hiring another employee. The company's management team has requested a strategic marketing and integrated marketing communications plan to help guide future objectives. The plan will analyze the current market situation and future goals to develop a clear strategy.
Ducati has built its brand image as the sports bike manufacturer. Ducati has captured a huge portion of the market in all four categories of the sports bike. They concentrate on dominating a niche Performance-driven motorcycles, lighter frame, forward-leaning eat position, significant handling capabilities, on the other hand, luxury of comfort is sacrificed. However, in the current business situation, Ducati is facing a high competition from its rival bike manufacturers in heavy and cursing bike categories. Customer’s perception regarding repeat acquiring a bike from the same manufacturer has changed since 2000. “Exhibit 16” shows that customers of Harley-Davidson and BMW are more interested in buying bikes from them repeatedly, which is increasing the competition for Ducati to retain its current customers. Ducati is showing a steady growth and profits in its relevant market, but it is not enough to sustain in the industry for a longer period. Hence, the main issues are potential stagnant growth for the company. Should Ducati enter the cruiser market? Will entering the cruiser segment, and broadening Ducati's traditional niche, help them sustain the profitable growth of the organization?
The document discusses brand positioning of automotive lubricants in the Indian market. It provides background on brand positioning strategies and defines key concepts. The lubricant market in India is divided between automotive and industrial uses, with automotive as the majority share. Market share of public sector undertakings (PSUs) that dominated in the 1990s has declined from 90% to 58.5% currently as private companies like Castrol have increased their share. The research aims to determine the key attributes of brand positioning that impact consumer purchase decisions of lubricants, in order to help PSUs regain market share by repositioning their brands. A sample of 400 four-wheeler owners in Delhi will be surveyed using convenience sampling.
Aircel was founded in 1999 in India and has grown to become the third largest telecom provider in the country with over 90 million customers. To build its brand equity, Aircel has invested heavily in promotional activities to increase brand awareness. It has also focused on creating brand loyalty through high quality service, value, and appreciation for customers. Aircel's brand values of simplicity, creativity, and trust have helped it differentiate from competitors. Despite entering the market late, Aircel has created a strong brand identity through innovative marketing campaigns targeted at youth.
Kia Motors manufactures and distributes automobiles in India including sedans, SUVs, hatchbacks, and mini vans. To implement its vision of inspiring movement, Kia has developed a flexible and horizontal culture that encourages creativity and challenges conventional thinking. The company's mission is to realize humanity's dreams through innovative problem solving. Key product segments in India are SUV/crossovers, MPVs, and upcoming EVs. Despite challenges from the pandemic, Kia has increased market share through new models and maintained strong financial performance.
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Global brand integration strategy for a Car Modifier
1. Masters Programmes
Submitted by: Group 4
Module Title: Global Branding
Module Code: IB846K
Date/Year of Module: 2014-2015
Submission Deadline: March 24, 2015
Company: DC Designs India
"I declare that this work is being submitted on behalf of my group, in
accordance with the University's Regulation 11 and the WBS guidelines on
plagiarism and collusion. All external references and sources are clearly
acknowledged and identified within the contents. No substantial part(s) of the
work submitted here has also been submitted in other assessments for
accredited courses of study and if this has been done it may result in us being
reported for self-plagiarism and an appropriate reduction in marks may be
made when marking this piece of work."
2. Table of Contents
COMPANY BRIEF................................................................................................................................3
SELECTION OF UNITED KINGDOM ..............................................................................................3
BRAND BUILDING BLOCKS.............................................................................................................4
COMPARISON........................................................................................................................................4
BRAND IDENTITY PRISM .................................................................................................................6
COMPARISON........................................................................................................................................6
BRAND ELEMENTS.............................................................................................................................8
COMPARISON........................................................................................................................................8
GENERALIZABLE IMPLICATIONS..............................................................................................10
APPENDIX ...........................................................................................................................................12
COMPANY BRIEF ................................................................................................................................12
GENERALIZABLE IMPLICATIONS ........................................................................................................12
Insurance Prices ............................................................................................................................12
Target Market ................................................................................................................................12
REFERENCES .....................................................................................................................................14
3. Company Brief
DC design, founded in 1993 by Dilip Chhabria, is the largest automotive accessory
manufacturer brand in India (Dcdesign.co.in, 2012). The company is well acclaimed in the
market and “…has made more than 600 portfolios for innovative and latest car models or
other vehicles…” that serves as “…a benchmark for the best designs in the world…”
(autoportal.com, 2015). Chhabria launched this brand in the market to serve two purposes.
According to Dcdesign.co.in, first purpose is “…redesigning and modifying mass market cars
to create one-of-a-kind automotive beauties for…” automobile enthusiasts and second caters
to the original equipment manufacturers need by “…offering design and prototyping
services…” (See Appendix).
Selection of United Kingdom
Extending DC’s B2C business to the UK can be supported by various facts. According to a
report on European automotive aftermarket by The Boston Consulting Group (2014), the
industry has observed growth in recent years. This is mainly due to the liberalization of the
automotive aftermarket in the EU in 2010 (Capgemini Consulting, 2010). The report further
highlights that competitors utilizing the new block exemption regulation (BER) 2010 could
achieve growth rates of 5% to 10%, and the highest margins earned are from accessories and
appearance products creating additional opportunities for DC to exploit. Another industry
analysis by MarketLine (2012) shows that one way to enter the EU market is as a completely
new company with major entry barriers being skilled engineers and designers. DC caters both
of these parts by being a completely new company and possessing extremely skilled
designers. Another aspect this market, that favors DC, is that success in the Western Europe
market is mainly attributed to “…high emphasis on specific customer requirements and
customization of services…” (Capgemini Consulting, 2010) is critical to operate in
4. automotive aftermarket sector around Western Europe. Additionally, a co-operative
agreement with popular brands could be established. Top selling brands in the UK include
Ford, Nissan, Vauxhall, and Volkswagen (SMMT, 2014), few of which have already worked
with DC in B2B segment.
Brand Building Blocks
Brand building blocks ensure identification of the brand with the customers and an
association of the brand in customers’ minds with a specific product class, product benefit, or
customer need (Keller, 2001). The CBBE pyramid, as indicated by Keller, focuses on the four
key aspects of the brand; identity, meaning, responses and relationships. DC as a brand has
struck the right cords in the Indian automotive aftermarket and is one of the only product
developers in the world to do such a modification.
Comparison
Brand Salience is the first building block, defining the identity of the brand. Salience focuses
on the awareness of the brand, its recall, depth and breadth of the brand (Keller, 2001). DC
design is a luxury automotive customizations brand with high awareness more depth in the
product offering and lesser breadth in India. It has the close to 22 standard product offerings
in India and is the most recalled brand in the country (Knowledge@Wharton, 2008). A higher
level of awareness is proposed for the UK luxury market. With respect to India the luxury
cars sale in the UK is higher, so the aim would be make luxurious cars into ultra luxurious
vehicles (Capgemini Consulting, 2010). Collaborative automotive partnership with auto
manufacturers like Ford and Land Rover who already share B2B relations with DC would
help boost awareness in the market (Dcdesign.co.in, 2012).
5. The next aspect of the CBBE pyramid is the ‘meaning’ of the brand. The pyramid covers two
major aspects under meaning; one is the performance and imagery (Keller, 2001). The
primary aspect of performance is upmarket interiors and exteriors and the supplementary
feature is the state of the art technology (Dcdesign.co.in, 2012). DC Design in India is known
for its specialized serviceability. In the UK, DC is to retain of its Indian performance qualities
making it the first B2C prototyping brand in the UK. In context of imagery, people high on
style, all in one car, elite people, celebrities, CEO’s wanting an all in one purpose vehicle
(Knowledge@Wharton, 2008). In UK, DC would create a similar imagery as its home
country because the target group, who it would cater to in the UK, should also see the brand
as one that creates a stylish and novel imagery.
Moving to the ‘responses’ part of the building blocks, the CBBE pyramid explores judgments
and feelings (Keller, 2001). Brand judgments explores quality in India to be superior, credible
with its benchmark designs (Knowledge@Wharton, 2008) and also known for its highly
innovative designs (Dcdesign.co.in, 2012). In UK, these judgment attributes would be
retained, as, for DC, the target audience in the UK would require similar brand judgments. In
terms of feelings, DC design in India is an exclusive, socially appreciated, self-rewarding,
passionate and higher social class (Dcdesign.co.in, 2012). The brand is private and enduring
in India (Knowledge@Wharton, 2008). Feelings in the UK would be retained adding pride to
the brand making the brand being more socially appreciated and passionate in the long run.
Relationship in the CBBE pyramid explores brand resonance as an attribute that includes
evaluating loyalty, attachments, sense of community and active engagement (Keller, 2001). In
India, DC Design provides strong cords of attachments with its customers when they are
associated to the brand. In the UK we propose to bring a sense of community to build loyalty
and a sense of community by introducing a privilege DC club.
6. Brand Identity Prism
Kapferer introduced the Brand Identity Prism in 1986. Brand Identity entails the customers’
perception of the brand, the name of the brand, the trademark of the brand, the graphic
representation of the brand, the uniqueness of the brand with respect to its competitors, and
the overall image of the brand (Andreea, 2013).
There exist six aspects of the Brand Identity Prism being Physique, Relation, Reflection,
Personality, Culture and Self Image. These aspects are further categorised into two facets
namely The Constructed Source versus The Constructed Receiver and Externalisation versus
Internalisation (Kapferer, 2009).
Comparison
Physique makes reference to the brand’s physical characteristics that are aroused in the minds
of the people when the brand name is talked about. In India, DC displays iconic design and
cutting edge innovation (Dcdesign.co.in, 2012). Its finesse indicates superior quality. DC
should aim at following the same suit whilst offering a diverse range of products. This is
because the brand identity of DC, as a well-established brand, will aid in the easy acceptance
of the other products being offered as brand extensions of the company (Viot, 2011).
Relationship implies the symbolism of a particular association between people (Kapferer,
2009). DC lounges provide a personalized and exclusive feel creating an emotional appeal
(BS Reporter, 2012). In UK, this feature would be duplicated to provide the similar unique
image.
Furthermore, DC would be working towards converting consumers, who merely prefer this
brand, to consumers who are brand loyalists by making them feel as a part of this distinctive
brand (Raj, 1985).
Reflection of the consumer refers to the stereotypical user of the brand (Kapferer, 2009). Any
automation enthusiast, regardless of age having a creative bent of mind in India would be
7. DC’s chief user (Dcdesign.co.in). DC, in UK, would aim to target successful people
preferring self-driven vehicles so as to enjoy the divine luxury and comfort offered by these
vehicles.
Personality suggests the brand’s appeal, which assists in the process of communication of the
brand with its customers (Kapferer, 2009). It may take the form a person having particular
traits used to visualize the brand. DC India appeals to the luxurious aspect of the car. In the
UK, DC would focus on converting it into ultra luxurious to take the brand to a higher
pedestal. It should transform from being merely a brand to being a celebrity itself. A celebrity
having a strong personality that immediately makes people develop a rare fondness and
preference towards the brand (Freling, Crosno and Henard, 2010) (Aaker and Fournier, 1995).
Culture is the organization of values and basic principles on the basis of which the brand has
to base its behavior (Kapferer, 2009). It establishes a direct relationship between the brand
and the organization. DC India is based on the values of creativity and innovation providing a
distinctive experience (Dcdesign.co.in, 2012). In UK, DC must work with the purpose of
providing award-winning services. By way of keeping intact the basic ideals of the
organization, dc will able to cater to its homogenous customers worldwide while projecting a
global culture overall (Holt, Quelch and Taylor, 2004).
Self Image indicates the mirror the audience in focus holds up to itself (Kapferer, 2009). In
India, people driving vehicles think of themselves as classy, flamboyant and elite. Replicating
the same in UK, DC is ought to create an overall luxurious experience to the driver of the
vehicle so that it gives him pride while driving. By providing DC consumers in India or the
UK with almost the same experience while driving a dc vehicle, we propose to create an
image of being an integral part of an international brand in the minds of the people (Holt,
Quelch and Taylor, 2004). By way of this, people wish to be associated and connected with
the brand, regarding themselves as global consumers (Steenkamp, Batra and Alden, 2003).
8. Brand Elements
A comparison of DCs brand elements was done using the six criteria as proposed by Keller
(2013). This also aided in providing a clearer picture of the usability of the existing brand
elements in the developed market. Overall the brand has accomplished a strong associations
and awareness in India’s automotive aftermarket that has provided a strong base to retain
most of the elements.
Comparison
DC Design and dcdesign.co.in as a brand name and URL respectively carries a lot of
meaningfulness and memorability, as “…DC Design is the world’s biggest independent car
design firm by volume…” (Knowledge@Wharton, 2008). DC Design creates a verbal imagery
through its successful positioning as a creator of “…avant-garde art…” (Majumdar, 2014)
that contributes to likability. The adaptability stands low due to the symbolization of Dilip
Chhabria in both the logo and the URL. On the other hand, name and URL are considered
protectable and legal because of its copyrights. Lastly, transferability is limited to geographic,
as the name is associated with automotive aftermarket products only.
In terms of UK, carrying the same brand name and URL would be an appropriate option to
adopt a uniform branding strategy globally. In order to build personalized association and
enhance memorability, a UK version of the same URL ‘dcdesign.co.uk’ is deemed suitable.
The remarkable works of Dilip Chhabria for high-end luxury brands such as Aston Martin,
Renault and GM (Dcdesign.co.in, 2012), while making the adaptability difficult, would
contribute to the likability and meaningfulness. The name and URL can be made protectable
by acquiring copyrights, and can also be used across different geographies including the UK
making them only geographically transferable.
9. The visual appeal contributes to its likeability due to the logo being highly eye-catching by its
classy font. In terms of India, logo is formed from the initials of the man behind the business
and the only company having “DC” as its logo, which contributes to its meaningfulness. Due
to an already established awareness and association in car customization market, the
adaptability is low. The logo has its copyrights and thus is highly protected. On the other
hand, the transferability is limited due to international existence of a brand name “DC” in
various industries globally such as DC comics, and DC footwear. The logo builds
recognizable traits of the brand resulting in high memorability.
Same brand logo is to be retained due to the already established image in automotive
aftermarket sector enhancing the meaningfulness and memorability. The legal procedures
would make it protected as well. The logo would also have a high likability for the same
reasons stated above. Furthermore, the same logo would still have limited transferability and
low adaptability for the UK market as well.
In India DC lacks a tagline for its brand but a tagline would be suitable for the UK market as
it communicates the brand promise, reminds the firm of their promise and lastly it is
"…customers’ indicator of a future experience…" (Ehret, 2009). The proposed tagline for UK
is “You dream: We Chase”. This tagline depicts the one of missions of Chhabria
(Knowledge@Wharton, 2008), which makes it memorable and meaningful. It also provides a
chance for the customers to attain their dream car through DC, which also coincides with the
brand’s specialty i.e. “…concepts and innovations well ahead of their time…” (Majumdar,
2014) making it likable and transferable. It can evolve as the company establishes itself in the
UK market, making it adaptable. There is no similar tagline for any automotive aftermarket
company making this protected as well.
In India, Dilip Chabbria, as its own brand character, is highly touted for DC designs
(Majumdar, 2014). He, as a brand character is memorable, meaningful, likable and
10. protectable for the brand as “…every DC creation is a signature extension of the artist’s
personality…” (Dcdesign.co.in, 2012). Further, transferability can be seen to be high as well
by the fact that the artist is not just associated with automobiles but is also known for
designing and refurbishing aircraft interiors. The adaptability stands limited because Chabbria
stands as a focal point of the brand and cannot be replaced. These factors, for a brand
character, would stand appropriate for the UK market as well which makes maintaining the
same brand character the most fitting option.
The packaging of DC cars comprises of the customized parts as well as the outlook of the car.
The packaging is recognized to be benchmark for the rest of the world (Autoportal.com,
2015), hence contributing to memorability, protectability and meaningfulness. The packaging
is focused on developing one-of-a-kind automotive beauties (Dcdesign.co.in, 2012), which
maintains high likability. With its portfolio of 600 products “…for innovative and latest car
models or other vehicles…” (Autoportal.com, 2015) the packaging is deemed adaptable. As
Chabbria is an acclaimed designer by many large automotive manufacturers, his designs are
taken to be transferable across geographic boundaries. The same packaging is also maintained
as the factors already stated hold true for the UK market as well. In addition, Dilip Chabbria
has managed to influence the automotive design market by making his designs accepted by
many different companies. This would make it quite obvious that same packaging should be
maintained, along the inclusion of backward integration due to existing ties with large
automotive manufacturers.
Generalizable Implications
According to the UK Government’s official website “…You must have motor insurance to
drive your vehicle on UK roads…” (Gov.uk, 2015). According to Pidgen (2015) an increased
risk of accidents and theft is caused by changes in vehicle performance and a possibility that
11. the “…vehicle is broken into or stolen…” (See Appendix). Companies dealing with car
accessories, such as DC design, may affect the insurance price up to 26% for body kits and
16% for interiors. This is an important consideration because in recent times UK automobile
insurance market has seen an overall increase in premiums (Jones and Sanders, 2015) that is
likely to affect the sales of such modifications. A good idea, to cater to this problem, would
be to include functional modifications such as driver aids to reduce the insurance prices (See
Appendix).
For any automotive aftermarket firm entering any fresh market it would be essential to know
which segment of the market buys what kind of modifications for their automobiles.
According to Pidgen (2015), this can be classified by age and gender. In the UK the major
buyers for car modifications is more inclined towards male while female also constitute to a
reasonable size of the market (See Appendix).
When viewing the industry in general, the block exemption regulation of 2010 has reasonably
reduced the power of buyers by inducing more buyers to opt for automotive aftermarket
products (MarketLine, 2010). As mentioned earlier, major entry barriers of this industry
include skilled engineers and designers that deters a lot of brands to enter into the market.
Lastly, one of the major consideration for any brand bringing their manufacturing in the UK
have to cater to strict environmental laws, which could add to their total cost and decrease in
overall efficiency (MarketLine, 2010).
12. Appendix
Company Brief
These aims can also be looked according to the B2B and B2C markets. According to
Chhabria in an interview with India Knowledge@Wharton (2008), in B2B market, the
services provided by the firm include prototyping work or consultancy for various car
manufacturers such as GM and Ford. On the other hand, in B2C market DC builds special
vehicles. This is segment in which the firm believes that the revenue growth would be
highest. Building special, according to BS reporter (2012) includes “…transforming regular
cars into premium designer vehicles according to the customer's requirements…” for which
the company has a portfolio of 22 standard offerings for various popular models in India.
Generalizable Implications
Insurance Prices
When thinking about vehicle modifications, one has to consider that any changes, when
declared, in the automobile changes the premium charged by the insurance provider while not
declaring it would leave that modification not covered by the company (Petrolprices.com,
2015).
Driver aids such as parking sensors and installation of tow bars can bring down the insurance
prices by 13% and 8% respectively (Pidgen, 2015). This can bring down the overall impact
increased cost to the insurance and also provide added security for the vehicles.
Target Market
The modifications are categorized as functional, and performance and aesthetic where the
former constitutes of elements like engine bodywork and interior, and latter constitutes of fuel
economy and driver aids. Generally males aged 17 to 35 are more inclined towards
performance and aesthetics and 35+ prefer a mix of both types of modifications. On the other
13. hand, females aged 24+ opt for the same as 35+ males and younger females are more inclined
towards opting for performance and aesthetics.
14. References
Aaker, J. and Fournier, S. (1995). A Brand As a Character, a Partner and a Person: Three
Perspectives on the Question of Brand Personality. Advances in Consumer Research, [online]
22, pp.391-395. Available at: http://acrwebsite.org/volumes/7775/volumes/v22/NA-22
[Accessed 2 Mar. 2015].
Andreea, C. (2013). Exploring Kapferer’s Brand Identity Prism Applicability in Theatre.
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http://www.managementjournal.info/download1.php?f=02022013.pdf [Accessed 22 Feb.
2015].
autoportal.com, (2015). DC / Brands / AutoPortal India. [online] Available at:
http://autoportal.com/newcars/dc/about.html [Accessed 20 Feb. 2015].
BS Reporter, (2012). DC Design eying partners for dealership in Gujarat. Business Standard.
[online] Available at: http://www.business-standard.com/article/companies/dc-design-eying-
partners-for-dealership-in-gujarat-112100400078_1.html [Accessed 20 Feb. 2015].
Capgemini Consulting, (2010). How to Optimize Aftermarket Performance in Established and
Emerging Markets. The Aftermarket in the Automotive Industry. [online] Capgemini
Consulting. Available at: http://www.capgemini.com/resource-file-
access/resource/pdf/tl_The_Aftermarket_in_the_Automotive_Industry.pdf [Accessed 21 Feb.
2015].
15. Dcdesign.co.in, (2012). DC Design. [online] Available at: http://www.dcdesign.co.in/
[Accessed 15 Feb. 2015].
Dcdesign.co.in, (2012). DC Design – Dilip Chhabria. [online] Available at:
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20. • Formed in 1993
• Offers Design and Prototyping services
– Indian Original Equipment Manufacturer industry
– Customized one off solutions to Individual buyers
• Cutting edge automotive design
• Modifications include :
– Luxury interiors
– Attractive Exteriors
– Technology options
DC
Design
Source: Dcdesign.co.in (2012)
23. Current
Product
line
in
India
• Portfolio of 22 standard product offerings.
• Most popular ones include Toyota Innova, Mahindra XUV500
and Volvo coaches.
• DC also produces cars like Avanti, Gaia, Tia, Imperator and
Circa2020.
• Also designs interiors for executive jets, helicopters and
luxury yachts.
Source: BS reporter (2012),
Dcdesign.co.in (2012)
24. • Industry has observed growth due to liberalization and
introduction of Block Exemption Regulation (BER) 2010 in
the EU automotive aftermarket sector (Capgemini Consulting,
2010).
• This has created opportunities for firms to experience up to
10% annual growth.
• Highest margins in aftermarket sector are earned in accessories
and appearance products.
• DC has the ability to break through EU entry barriers i.e. a
completely new company with skilled designers (MarketLine,
2012).
Why
The
UK
Market?
25. • Catering to specific customer requirements and customization
services critical to operate in Western Europe; both of which
are offered by DC (Capgemini Consulting, 2010).
• DC has already established ties with some of the top selling
brands in the UK such as Ford and GM (SMMT, 2014) which
would aid in collaboration.
Why
The
UK
Market?
29. Salience
• Luxurious to Ultra
Luxurious
• Collaborative
automotive
partnership
boosting awareness
• Luxury automotive
customization
brand in India
• High Awareness
• More depth less
breadth
Source: Dcdesign.co.in (2012), Knowledge@Wharton (2008), Capgemini Consulting (2010)
30. Performance
• Fine tuned product
• Upmarket interiors
and exteriors
• State of the art
technology
• Personalized
efficient
serviceability
• First B2C
prototyping brand
in UK
• Fine tuned product
• Upmarket interiors
and exteriors
• State of the art
technology
• Personalized
efficient
serviceability
Source: Dcdesign.co.in (2012), Knowledge@Wharton (2008)
31. Imagery
• Stylish and Novel
• Creating a celebrity
idealization
• Classy Imagery
• Elite
• Stylish and Novel
• Elite
• Luxurious image
• High style quotient
Source: Dcdesign.co.in (2012), Knowledge@Wharton (2008)
32. • Superior innovation
• Benchmark designs
• Quality excellence
• Superior quality
• Highly innovative
• Benchmark for the
best designs in the
world
Judgements
Source: Dcdesign.co.in (2012), Knowledge@Wharton (2008)
34. • Increased association
through privileged
DC club
• Strong cords of
attachment
• Strong cords of
attachment
Resonance
Source: Dcdesign.co.in (2012)
43. SELF IMAGE
• High
standard
of
living
• Classy
• Flamboyant
• Trendy
• PresIgious
• Symbol
of
being
elite
• High
standard
of
living
• Classy
• Flamboyant
• Trendy
• PresIgious
45. Brand
Elements
Brand
Name
DC
Design
DC
Design
URL
www.dcdesign.co.in
www.dcdesign.co.uk
Logo
Slogan
None
You
Dream
We
Chase
Character
Dilip
Chhabria
Dilip
Chhabria
Packaging
CustomizaBon
product
Backward
IntegraBon
46. BRAND
ELEMENTS
Criterion
Brand Name &
URLs
Logos &
Symbols
Slogan & Jingles Characters Packaging
Memorable
Highly Recalled
and recognized High N/A High
Unique and
Identifiable
Likability Verbal Imagery
Provokes visual
appeal
N/A High High
Adaptability Low Not adaptable N/A Limited
Updatable
Flexible
Meaningfulness Highly
meaningful
High N/A High High
Protectability Protected by
Copyrights
Excellent N/A Excellent Highly Protected
Transferability
Limited – Only
Geographica
lly
Limited N/A High High
47. BRAND
ELEMENTS
Criterion
Brand Name &
URLs
Logos &
Symbols
Slogan & Jingles Characters Packaging
Memorable Enhanced High
Highly connected
in terms of DC
High
Unique and
Identifiable
Likability High
Highly appealing
to customers
High High High
Adaptability Limited Low
Can be somewhat
flexible
Limited
Updatable
Flexible
Meaningfulness High High High High High
Protectability By acquiring
copyrights
High High Excellent Highly Protected
Transferability Geographically
transferrable
Limited High High
High with
Backward
integration
48. Generalizable Implications
• Product in the UK Market:
– Car Insurance is mandatory in the UK (Gov.uk, 2015).
– One of the major concern in the UK is the insurance price
of modified cars due to change in risk of accident and theft
(Pidgen, 2015).
– Insurance price increase up to 26%with body work
modifications.
– A useful solution would be inclusion of driver aids such as
parking sensors and tow bar that reduces the insurance
price 13% and 8 % respectively.
49. • Target market:
– Male 17 – 35 are more inclined towards performance and
aesthetic.
– 36+ adopt a mix of functional, performance and aesthetic
modifications.
– Generally females more inclined towards functional
modifications such as parking sensors.
Generalizable Implications
Source: (Pidgen, 2015)
50. • After the liberalization, buyer power in the automotive
aftermarket has significantly declined.
• Highly skilled engineers and designers make up the major
entry barriers for the industry.
• Environmental concerns also make entry more problematic.
Generalizable Implications
Source: (MarketLine, 2015)