Professional Documents
Culture Documents
Le
A. Brand performance
B. Brand resonance
C. Brand imagery
D. Brand identity
Test Your Current Knowledge
Mr. Rajan only drinks Coca cola and he feels an emotional attachment to
it. That is the brand he continues to drink every day because Mateo just
loves it. He is exhibiting:
A. heart loyalty
B. head loyalty
C. hand loyalty
What is the role of IMC in Sports Marketing and
the potential challenges you may come across
while we are communicating with your
consumers?
DISCUSSION QUESTIONS
Strategic Marketing
Strategic Marketing Plan
Plan
Target
Target
Opportunity
Opportunity Competitive
Competitive Market
Market
Analysis
Analysis Analysis
Analysis Selection
Selection
The Target Marketing Process
IsolateConsumers
Isolate ConsumersWith
WithSimilar…
Similar…
Lifestyles
Lifestyles Socialclass
Social class
Geographic
Geographic
Economicstatus
Economic status Age
Age
location
location
Maritalstatus
Marital status Needs
Needs
Market Segmentation
LOW
Test Your Knowledge
All of the following are considered market
coverage alternatives except:
A) Undifferentiated
B) Differentiated
C) Concentrate yd
D) Dispersed
Selecting a Target Market
Undifferentiated Concentrated
Differentiated
Market Positioning
Product Distribution
Decisions Channels
Promotional Price
Strategy Decisions
Branding Goals
Brand Identity
vs.
Brand Equity
Branding and Packaging Decisions
BRANDING
BRANDING PACKAGING
PACKAGING
Brand
Brand Advertising
Advertising Has
Has become
become Often
Often the
the
name
name creates
creates increasingly
increasingly customers’
customers’
commun-
commun- and
and important
important first
first
icates
icates maintains
maintains exposure
exposure
attributes
attributes brand
brand to
to product
product
and
and equity
equity
meaning
meaning
Packaging Creates Image
Pricing Decisions
Factors What
What consumers
consumers
Factors the
the firm
firm give
must
must consider
consider give up
up to
to buy
buy aa
product
product or
or service
service
Costs
Costs Time
Time
Demand
Demand Mental
Mental activity
activity
Competition
Competition Behavioral
Behavioral effort
effort
Perceived
Perceived value
value
Relating Price to Ads and Promotions
Budget determination