The document discusses how product and pricing work together to build a strong brand for a retailer. It uses Levi Strauss as an example. It explains that a brand is defined by its image and added values beyond the product itself. It also discusses how Levi's differentiated its jeans products over time, used various pricing strategies based on markets, and maintained a consistent brand image to build a strong, recognizable brand. Product differentiation and an emotional connection with customers are key to generating brand loyalty.
Y&R’s BrandAsset® Valuator (BAV) is our proprietary brand management tool and global database of consumer perceptions of brands. For the past 20 years, we have studied consumer response to more than 50,000 brands from hundreds of categories in 51 countries around the world. And collected data from close to 1 million people.
Companies changing their brand names are frequently reported in the business press but this phenomenon has as yet received little academic attention. This paper sets out to understand the
drivers of the corporate rebranding phenomenon and to analyse the impact of such strategies on
corporate brand equity.
A decision to rebrand is most often provoked by structural changes,
particularly mergers and acquisitions, which have a fundamental effect on the corporation’s identity
and core strategy. A change in marketing aesthetics affects brand equity less
than other factors such as employees’ behaviour.
This paper is of value to anybody seeking to understand the rebranding
phenomenon, including academics and business managers.
Y&R’s BrandAsset® Valuator (BAV) is our proprietary brand management tool and global database of consumer perceptions of brands. For the past 20 years, we have studied consumer response to more than 50,000 brands from hundreds of categories in 51 countries around the world. And collected data from close to 1 million people.
Companies changing their brand names are frequently reported in the business press but this phenomenon has as yet received little academic attention. This paper sets out to understand the
drivers of the corporate rebranding phenomenon and to analyse the impact of such strategies on
corporate brand equity.
A decision to rebrand is most often provoked by structural changes,
particularly mergers and acquisitions, which have a fundamental effect on the corporation’s identity
and core strategy. A change in marketing aesthetics affects brand equity less
than other factors such as employees’ behaviour.
This paper is of value to anybody seeking to understand the rebranding
phenomenon, including academics and business managers.
Strategic analysis of Abercrombie Fitch will provide an indication about vision and mission of the company. In addition, it will also reveal SWOT analysis of the company.
Michael Porter is a professor at Harvard Business School.
A firm’s success in strategy rests upon how it positions itself in respect to its environment.
Corporate Rebranding and the Implications for Brand Architecture Management: ...Laurent Muzellec
This case reveals the complex problem of protecting corporate heritage while
managing product and corporate brands to keep them aligned with contemporary
market requirements. A dynamic brand building model is presented which
simultaneously addresses the different audiences for the products and the
corporate brand. The paper concludes that a new concept of ‘business branding’,
distinct from ‘consumer/product branding’, may allow corporations to reconcile
the need for both corporate accountability and risk limitation while maintaining
an effective brand management programme.
Amul Baidya - Strategy Analysis of Walmart and Nordstrom - Strategic Manageme...Amul Baidya
This is a presentation was based on a comparing and contrasting the strategic positions between Walmart and Nordstrom.
This was a group presentation of three, where one of the presenter acted as Walmart and other as Nordstrom.
And one presenter acted as the narrator.
Here characters were given to the two companies.
MBA - II
June 2016
Kings' College ( Westcliff University)
-
Amul Baidya
The Storytellers
baidya.amul@gmail.com
https://www.facebook.com/amul.baidya
J Crew in 2014: Will it turn around Strategy improve Its Competitiveness?Tran Thang
The presentation about J Crew study in the link below:
http://www.slideshare.net/TranThang6/j-crew-in-2014-will-it-turn-around-strategy-improve-its-competitiveness-58553487
Strategic analysis of Abercrombie Fitch will provide an indication about vision and mission of the company. In addition, it will also reveal SWOT analysis of the company.
Michael Porter is a professor at Harvard Business School.
A firm’s success in strategy rests upon how it positions itself in respect to its environment.
Corporate Rebranding and the Implications for Brand Architecture Management: ...Laurent Muzellec
This case reveals the complex problem of protecting corporate heritage while
managing product and corporate brands to keep them aligned with contemporary
market requirements. A dynamic brand building model is presented which
simultaneously addresses the different audiences for the products and the
corporate brand. The paper concludes that a new concept of ‘business branding’,
distinct from ‘consumer/product branding’, may allow corporations to reconcile
the need for both corporate accountability and risk limitation while maintaining
an effective brand management programme.
Amul Baidya - Strategy Analysis of Walmart and Nordstrom - Strategic Manageme...Amul Baidya
This is a presentation was based on a comparing and contrasting the strategic positions between Walmart and Nordstrom.
This was a group presentation of three, where one of the presenter acted as Walmart and other as Nordstrom.
And one presenter acted as the narrator.
Here characters were given to the two companies.
MBA - II
June 2016
Kings' College ( Westcliff University)
-
Amul Baidya
The Storytellers
baidya.amul@gmail.com
https://www.facebook.com/amul.baidya
J Crew in 2014: Will it turn around Strategy improve Its Competitiveness?Tran Thang
The presentation about J Crew study in the link below:
http://www.slideshare.net/TranThang6/j-crew-in-2014-will-it-turn-around-strategy-improve-its-competitiveness-58553487
To view this slideshow properly, you will need to click on the "download" link, download the PowerPoint file, and then open it up in Microsoft PowerPoint and view the slideshow.
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
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The product combination is a critical issues this presentation covers some of the key points to be considered and comes from the 1stoutsource business forum where more can be downloaded.
Importance of Perceived Brand Ranking for B2B Customers in Making High Risk P...IOSRJBM
Brand Building and Brand promotions are undoubtedly means of generating large revenues in today’s B2B industrial market. However, due to globalization and access to multiple information data base, the organizations with equal brand equities and brand image exists in the Industrial segments. Therefore, it become extremely difficult for the Buying Center in B2B segment to arrive quickly on the purchasing decision. Therefore, in today’s intense marketing era, a deliberate attempt is needed to improve the perceived Brand Ranking in the minds of buying center. Strong brand ranking thus has become a very important factor that influences customer perceptions of a brand. In the success of Brand Management, Brand ranking is gaining significant importance alongwith brand equity from understanding and managing them correctly. Today’s marketing professionals need to pay deliberate attention to Brand ranking so as to produce strong attributes that will influence customers when making their choices.This research paper focuses on the importance brand ranking and how it is being perceived by B2B customers while making purchasing decision. This is based on the assumption that the other dimensions such as brand promotions, brand equity are at the same level and the customers knowingly and unknowingly makes a comparison based on the rank of the brand.However, this research paper aims to find out if the perceived financial and business risks in the minds of the members of buying center significantly impacts the perceived Brand Ranking. Brand awareness was treated separately from other dimensions because of the difference in scale.A structured questionnaire was constructed to provide answers to our research question. In this study, one hundred questionnaires were distributed, but only eightytwo questionnaires were received out of which seventy six has been realized. The study surveyed four dimensions of perceived risk, value proposition, brand Imageand brand ranking of two top brands in lubricants. Among these dimensions, brand image appears to have the least brand ranking rating by consumers than the other dimensions. However, all these dimensions more or less influence the perceived brand ranking by the customer.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
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A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
chapter 10 - excise tax of transfer and business taxation
Ruchi verma marketing management journal entry 03
1. 2011
University of South Australia
Ruchi Verma
Student ID : 110070274
JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING
WORK TOGETHER TO GENERATE A STRONG BRAND FOR A
RETAILER?
The document talks about Brand Image and Positioning with help of an example – Levi’s St & Co.
2. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
What is a brand?
Literature gives several definitions of the term “Brand”. The common themes are that a brand is
more than just a combination of a name, a design, a symbol or other features that differentiate a
good or a service from others (Dibb, 1997). It is a unique set of tangible and intangible added values
that are perceived and valued by the customer. In addition a brand is said to have personality, an
emotional bond to the customer that grows out of the perceived characteristics. (Court 1997, de
Chernatony 1996, King 1991, Murphy 1990, McDowell Mudambi 1997, Biel 1990) (Recklies, Oct
2000).
Certain features of a brand grow out of a complex set of added values that can comprise of history
and tradition, additional services, marketing messages, quality, popularity of the product amongst a
certain group of users (status). A “Strong Brand” cannot be established over night. Strong financial
marketing muscle and good marketing skills (Figure 1) are must to have (Court 1997). Without this
process you do not have a brand but only a name and a sign for a product (Recklies, Oct 2000).
Figure 1 : Characteristics of Strong Brand
To further explain my stand, I will take the example - Levi Strauss – one of the premium players in
the apparel retail segment operating, globally.
Background
The company was founded by Levi Strauss in 1853 primarily selling wholesale dry goods. A tailor
named Jacob Davis thought of using copper rivets to reinforce the points of strain on pants. The
innovation of the rivets in the jeans differentiated Levi’s jeans from others because of its increased
durability. Patent of the rivets in jeans, helped the company achieved monopoly power in the
market. Over the years, Levi’s jeans became more popular, Jean products expanded, targeting
different consumers. Product differentiation and barriers to entry allowed the company to gain
more popularity and market share (Berkeley).
University of South Australia | What is a brand? 2
3. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
Requirement of Strong Brands:
Good Brand Image, well defined Target Market and Market mix of a brand lead to a strong
brand (Figure 2).
Figure 2 : Requirements of a Strong Brand Figure 3: Levis - Target Market
Targeting: Identification of target market, (Armstrong, 2004), - set of buyers who share common
needs or characteristics that the company decides to serve. The decision of selecting target
segments can be assessed by looking at market factors, competitive factors, and political, social, and
environmental factors (D, 1995).
Brand Image: Perception of the brand by the consumer – The way a consumer relates to a brand.
Brands can have various product lines to have a larger target market but a constant image. It reflects
the values of a brand.
Figure 4 : Change in Brand Image – Levis
University of South Australia | Requirement of Strong Brands: 3
4. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
Market Positioning: Product and Pricing:
Figure 5 : Marketing Mix - Description of only Product and Price
Products are usually considered to be the No.1 factor contributing towards building goodwill of a
brand. Product needs to be build with a unique value or unique competitive advantage to have a
strong market position. Product attributes like packaging, warranties, new functionality, new
advertising campaign or sales promotion can lead to differentiation.
Product Differentiation makes a product more attractive by contrasting its unique qualities with
other competing products. It is aided by new product development strategies – introduction of new
product lines (for example).
Figure 6 : Perceptual Map of Levis product lines (Charles W. Lamb).
Figure 7 : Perceptual Map - Pricing and Brand Image
University of South Australia | Requirement of Strong Brands: 4
5. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
Figure 8 : Levi's - Product Differentiation, styling and brand identity.
Pricing for a buyer is 'what must be given up' for a particular product or service offered by a
manufacturer. Price and quality determines the value of the product and thus product placement in
market. For most business, it is not the number of consumers, but the kind of consumer that is the
determining factor of the price of a product or service. How a product is priced often tells consumers
what to expect. Pricing a product low might imply to the consumers that he/she will not be served
appropriately - no returns or refunds and vice versa (Product Pricing Strategies: Tips & The Product
Pricing Process).
University of South Australia | Requirement of Strong Brands: 5
6. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
Figure 9 : Product and Pricing strategy as per geography
Conclusion:
By the analysis above, I conclude that Product and Pricing are key components of Brand Image.
Positive perception of a brand by a consumer leads to a strong brand. A good product with effective
pricing builds trust levels between distributor and consumer thus strengthening the market position
of the brand and creating loyalty. Other factors like product promotions and availability are the
supports the brand value.
University of South Australia | Conclusion: 6
7. [JOURNAL ENTRY 03 - HOW DO PRODUCT AND PRICING WORK TOGETHER TO GENERATE A
STRONG BRAND FOR A RETAILER?] May 15, 2011
Bibliography
Armstrong, K. a. (2004). Principles of Marketing. In K. a. Armstrong, Principles of Marketing 10th
Edition. New Jersey: Prentice Hall.
Berkeley. Levis - Analysis.
Charles W. Lamb, J. F. (n.d.). Market Positioning. Retrieved from Market Positioning:
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Co, L. S. (n.d.). Marketing Levis. Retrieved from http://www.scribd.com:
http://www.scribd.com/doc/19236242/Marketing-Levis#
D, J. (1995). Principles and Practice of Marketing. In J. D, Principles and Practice of Marketing.
London: McGraw Hill Book Company.
Dennim Tradition - Levis Jeans. (n.d.). Retrieved from Dennim Tradition - Levis Jeans:
http://denimtradition.blogspot.com/2010/10/marketing-environment.html
Dibb, S. S. (1997). Marketing Concepts. In S. S. Dibb, Marketing Concepts. Boston: Houghton Mifflin
Company.
Product Pricing Strategies: Tips & The Product Pricing Process. (n.d.). Retrieved 2007, from
http://www.morebusiness.com:
http://www.morebusiness.com/running_your_business/management/Art-Of-Pricing.brc
Recklies, D. (Oct 2000). Branding services. Managing Marketing .
University of South Australia | <Bibliography 7