Saturday, June 8, 2019
Branding Analysis Essay Example | Topics and Well Written Essays - 3000 words
Branding Analysis - Essay ExampleConsumers identify a brands distinctive capabilities establish on their perceptions that have themselves been created by the marketers over a period of time. A genuine brand is the internalized sum of all the impressions received by the customers and consumers resulting in a distinctive position in their minds eye based on perceived emotional and functional benefits (Knapp).Attributes Attributes are things that usually speak about the product. A brand usually conveys attributes of the product in order to pronounce existing customers and at the same time attract new potential customers. For warning, the attributes of Raymonds suits are stylish, fashionable and modern and stitched of high quality premium clothing.Benefits In order for a brand to be successful in the market, it is infallible that the product attributes eventually transform into both emotional and functional benefits of the same. If the same example of Raymonds suits which was menti un rivalledd above is considered attributes like style and fashion will transform into emotional benefits and the quality of clothing will transform into functional benefits. ... Values Most of the brands confederate some value with themselves. For example, the baseline of the brand Raymond - The Complete Man, communicates a value proposition that the clothing makes a man complete and perfect.Culture Brands also rede a certain culture. Even this aspect can be better explained with the same example of Raymond that weve been discussing all through. Raymond projects a culture of family bonding like preceptor and son, husband and wife along with Indianness like respect for elders etc, in its advertisements.Personality Brands communicate personality status. Raymond suggests that it is a brand for a man who cares for his family, society, and himself.User Brands intelligibly state their user segments. Raymond is targeted at upper middle class and upper class customers.Brand PersonalityBra nd personality is of immense importance to a firm. This is evident from the fact that most companies spend a lot of time, money and energy in brand building along with the brands personality. It would be difficult for a company to imagine existence without the brand name and brand personality. For example, if a customer is asked to select one of two chocolates kept in front of him/her, one with the Cadburys brand name on it seeable and the other, also a Cadburys but with the brand name hidden, the customer, in all probability selects the one with the Cadburys name visible on it. This shows the importance of the brand name. Companies have to understand that brands and their personality mean a lot and are at the heart of any business activity. Hence, it is necessary that a firm has to exercise full control over its brands. It is often felt that most of the companies have a constrained perception about their brands. They slope to feel
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