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Low cost strategy Differentiation Strategy Best Cost provider strategy A focussed strategy based on lower cost and differentiation .
Step 1 Brand identity: Main goal is to create awareness Step 2 Brand Meaning: Performance- reliability, durability & serviceability, style design and price Imagery- meeting customers needs on a social and psychological level Eg. Body Shop
credibility
judgment
consideration
superiority
Feelings:
Warmth
Social approval
fun
Self respect
excitement
Security