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BA230 Direct Marketing
BA230 Direct Marketing

... The purpose of organizing events is to provide environment that the brand and target consumers or trade can get together. These activities attract attention of consumers by creating connections between the product or brand and cultural, artful, scientific, sportive activities. The aim is to increase ...
Product Line Decisions
Product Line Decisions

... other firms to use its brand name and brand mark their products. A licensee which is the company that receives the license ordinarily pays a royalty of the wholesale price of each item bearing the licensed trademark. The royalty percentage depends upon the amount of equity connected with the brand o ...
Paris Hilton, Kardashians, and Large Brands
Paris Hilton, Kardashians, and Large Brands

... categories, the differences may be less pronounced. To put this another way, loyalty levels do not vary from brand to brand within a category – with one exception: smaller brands within any category command slightly less loyalty. What is universally true, however, is the fact that if two brands have ...
Kent Summer Showcase Program College of Business Administration
Kent Summer Showcase Program College of Business Administration

... XI. Brand Equity 2. Brand equity is the “value” of the brand caused by goodwill and brand reputation. – It is a valuable asset that must be managed! – Strong equity makes market position easier to defend. – Strong equity makes new products easier to introduce. ...
Dannon Case Study
Dannon Case Study

... To make the offer even more appealing, the user was encouraged to share the offer with friends and family across Facebook, Twitter or via email to receive an even higher promotional coupon, $1.50 off the same product. By offering a higher-value coupon option, Dannon could increase brand loyalty and ...
RED BULL
RED BULL

... Premium pricing strategy. The product is priced above that of competitors’ products. Consumers will pay a premium for Red Bull due to the quality of the product and the product’s benefits. ...
Beyond the Brand - Farmers Market Coalition
Beyond the Brand - Farmers Market Coalition

... living practices and building community. The Andover Massachusetts Farmers Market offers educational programming and promotes healthy eating, local economies, sustainability, and community spirit by providing fresh, local produce, baked and prepared foods, as well as hand-crafted goods. ...
ch_6
ch_6

... A) Perception depends not only on the physical stimuli, but also on the stimuli’s relation to the surrounding field and on conditions within the individual. B) The key point is that perceptions vary widely among individuals exposed to the same reality. C) In marketing, perceptions are more important ...
Day 2
Day 2

... A key term to remember is USP, which is the acronym for Unique Selling Point. A Unique Selling Point is a feature or benefit that separates a product from its competitors. A USP could be a lower price, a smaller version of the product, offering extra functions, or even simply producing a standard pr ...
Valuing Brands and Brand Equity: Methods and Processes
Valuing Brands and Brand Equity: Methods and Processes

... Branding as a concept has been around for many years now. Brands help identify and differentiate the goods and services of one organization from those of another. From a customer`s point of view, brands simplify shopping, aid in the processing of information about products, and makes them feel confi ...
Fulltext: english,
Fulltext: english,

... objective, due to serious limitation factors that these organisations are facing with. The main challenge is that, on one hand, organisations need to create appropriate organisational environment, structure and architecture, compatible and flexible enough, to stimulate creative thinking and decision ...
collaborative marketing future
collaborative marketing future

... Marketers today must operate more like tech companies than like advertisers. The new model, according to Steven Cook, former CMO of Samsung, “...is more akin to a startup mentality. The CMO will need to learn what it’s like to move fast and do things on the cheap. The future is, after all, about doi ...
Effectiveness of Marketing Strategies and Corporate Image
Effectiveness of Marketing Strategies and Corporate Image

... Prior research has found that promotional offer is well received by consumers because of the additional pleasure they feel (Yeung & Yee, 2010, p.292). It includes advertising, promotional events, personal selling, Website-based communication activities, and so on. In consumer marketing, the positive ...
Chapter 8: Marketing Advertising
Chapter 8: Marketing Advertising

... is often expressed in terms of the total dollars spent annually on the product. The percentage of the market that a company or brand has is called its market share. A market segment is a part of the overall market with similar characteristics. Competition among Products Indirect competition means pr ...
How Luxury Fashion Brands Utilize YouTube to
How Luxury Fashion Brands Utilize YouTube to

... for these brands to communicate and engage with their target audience. This study examined how brands can enhance promotional strategies through Web 2.0 and social media. Web 2.0 goes beyond the one-way communication of Web 1.0, allowing users to engage with the media through commenting, sharing, li ...
Personal, oral comm., make a sale
Personal, oral comm., make a sale

...  Increasing importance of branding ...
Centre for Marketing - London Business School
Centre for Marketing - London Business School

... Many UK organisations are faced with the need to achieve ever higher quality standards in their products and/or services. They rely on their employees to deliver these improvements, and compete with each other for the best talent. At the same time, skills levels are not increasing to the level of, f ...
Market Segmentation
Market Segmentation

... Generally non-conformists they constantly try to form their own opinions on issues. This trait is manifested in their buying behavior. Family and friends do not influence the choice of brands they purchase and celebrity endorsements too do not make an impact on them. They prefer newspapers to televi ...
10. Attitude
10. Attitude

... with regard to the particular attribute object. The attitude towards object model The attitude towards behaviour model The theory of reasoned action model ...
Document Version - Kent Academic Repository
Document Version - Kent Academic Repository

... 1994). An analytical and critical view of todayÕs competitive business markets suggests that marketers need to demonstrate some differentiation between their own and competitive brands for the target audience (Roy et al., 2004; Tsai, 2005). In a competitive market the brand becomes the basis of diff ...
Management Perceptions of the Importance of Brand Awareness as
Management Perceptions of the Importance of Brand Awareness as

... resources was partially to blame: "As to monitoring brand awareness, we can't do it as often as we would like due to cost restraints". It was noted that the tone of a couple of managers was regretful: "Yes we should do that". A number of managers commented that sales level was the most frequently us ...


... speaking, the evidence is that most ads which perform exceptionally well in one country will also perform well in others. But there are still many exceptions to this and it’s possible to identify a number of key factors — ranging from socio-economic considerations, through differences in brand statu ...
PPT
PPT

... Sample answer: We want people to download the free app and use it within 10 days to buy the special offer, a $1 family size pizza from Pizza Hut (partnered media). 3) Target audience: who are we talking to? The more precise and detailed the better. Go beyond age and sex to describe demographics and ...
Review of Quiz 2
Review of Quiz 2

... profits and the likelihood that the needed volume will be achieved at each possible price. ...
Quiz Review 2 - Brand Luxury Index
Quiz Review 2 - Brand Luxury Index

... profits and the likelihood that the needed volume will be achieved at each possible price. ...
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Brand ambassador

Brand ambassador is marketing jargon for celebrity endorser or spokesmodel, a person employed by an organization or company to promote its products or services. The brand ambassador is meant to embody the corporate identity in appearance, demeanor, values and ethics. The key element of brand ambassadors lies in their ability to use promotional strategies that will strengthen the customer-product/service relationship and influence a large audience to buy and consume more. Predominantly, a brand ambassador is known as a positive spokesperson, an opinion leader or a community influencer, appointed as an internal or external agent to boost product/service sales and create brand awareness. Today, brand ambassador as a term has expanded beyond celebrity branding to self branding or personal brand management. Professional figures such as good-will and non-profit ambassadors, promotional models, testimonials and brand advocates have formed as an extension of the same concept, taking into account the requirements of every company.
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