Brand Equity Essay

Brand awareness consists of brand recognition and brand recall performance. Brand recognition is how far consumers can correctly identify the specific product or service just by looking at the product or service logo, tag line, packaging or advertising campaign. Thus, we can simply conclude that brand recognition requires that consumers to be able to recognize the brand as having been seen or heard previously (Keller, 1993). Brand recall relates to consumers ability to retrieve the brand when…

1. Henry Kravis is a successful businessman and an American billionaire. He is a cofounder of firm Kohlberg Kravis Roberts (KKR), a private equity firm with about $94.3 billion in asset in 2013. (Wikipedia) He was born in 1944 and his father was a successful petroleum engineer. He studied economics, moved to New York, and worked in finance field. He went back to school in 1967 and enrolled in Columbia’s MBA program. He began to join partners at Bear Steams with his cousin George Roberts in the…

give part the company’s ownership through equity. However, the disadvantage of this source of financing arises from the fact that it poses limitations of the business because the chameleon shoes provided cannot supersede the company’s profits even when there is high demand thus a hindrance in catering for the large target…

If you have only equity financing (which either uses funds injected into the business or equity raised through share offerings), you won’t benefit from any of the tax deductions that debt financing provides, and if you only have debt financing, your financial leverage will be greater but your overall profits…

Brands The American marketing Association defines a brand as ‘’a name, term, sign, symbol, design or a combination of them, intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competitors.’’ (CAREY, 2006, p. 247) The Brand is a symbol of the product that produced by a company and given a specific identity to the product that could be a name, logos, characters, symbols and etc. It helps to identify the product with the different…

In the article “What We Are to Advertisers”, James B. Twitchell argues that “advertising is not just to brand parity objects but also to brand consumers” (182). Rosser Reeves, a skilled advertiser, tried to convince different groups of people that quarters had meaning and value. The consumer’s view of products is called positioning. The consumer must feel like the product they are buying has value and is better than competing products. I have had experience of witnessing many competing companies…

2.1 What is Brand Loyalty? Brand loyalty is the consumers’ decision to repurchase a product of the same brand rather than the brand of a competitor. However, when defining brand loyalty, an important distinction needs to be made between true brand loyalty and spurious brand loyalty. Bloemer and Kasper (1995, p. 313) defines true brand loyalty as “the biased (i.e. non-random) behaviorial response (i.e. purchase) expressed overtime by some decision-making unit with respect to one or more…

restaurant. They generally update and reprint menus twice a year, instead they can increase the frequency of the innovative product offerings and get more of cultural dishes targeting to Asian and Middle East countries. This will help them to increase the brand appeal and likability in international markets TCF can enter into health segment and would be an excellent opportunity for changing its unhealthy image associated with high calorie dairy and bakery products such as cheesecakes, baked…

1. Brand YG taking over Z2 and the reasons for the takeover? Company X produces luxury fashion brand – YG - The Y generation. The brand is hugely successful in the UAE and GCC market with a market share of 30% in the medium fashion brand market. The Brand is solely owned by a family business in Dubai. The brand was established in 1995 and was hugely successful during the financial crisis period, as customers preferred the ‘not so expensive brands’ during the crisis period. The brand’s market…

Brand Strategy is simply long-term marketing supporting the image of a company or organization which based on the target audience. Brand strategy must include the understanding of the consumer’s needs and wants of the brand. For some, they believe that they can sell a product without developing an effective brand strategy. Although a product or service is supposed to represent a positive experience and with a strong brand strategy it will successfully launch off of the market. When a consumer…