251 |
International Branding Strategies : In Swedish and Russian Fashion CompaniesLevitskaya, Daria January 2016 (has links)
There are a lot of different business strategies for any company. However, in the fashion industry, the best way to become successful is to develop the brand using special branding strategies. Hence, a brand is the main weapon for fashion companies, which helps to launch international market and to create loyal customers around the world. Nowadays, due to the difficult current political situations and the collapse of oil and the dollar a lot of companies in different industries have to change their business strategies. It is especially true for fashion companies, because they depend on consumers ' income and their purchasing power. In the case of the fashion industry, branding strategy development can be more effective, than just business strategy. Hence, this thesis discusses the following problem: What branding strategy should Russian and Swedish fashion companies choose in order to build a strong brand and enter the international market. The purpose of this thesis is to analyze various branding strategies of Russian and Swedish fashion companies during the process of entering foreign markets. At the end of this thesis, practical contribution in their process of international branding strategy creation will be discussed. In order to answer research questions more broadly and accurately, the mixed research method, using quantitive and qualitative study through interviews and survey was chosen. Semi-structured interviews were made with the CEO and brand managers of Russian and Swedish fashion companies. Moreover, the survey was made with two different questionnaires: for Russian and for Swedish customers. In the case of qualitative research, the author found that fashion companies from Russia and Sweden have got not just some features and differences, but also common aspects. The primary data from interviews allowed the author to understand the specifics of brand management in the fashion industry. It was found, that there are some useful aspects in Swedish strategies, which can be used by Russian companies to develop their brands on the international market. In the case of quantitative research, preferences of consumers from Russia and Sweden were analyzed and also some features were identified. Survey results provided the author with a common understanding about purchase habits, attitudes and perceptions to fashion brands. According to these, some hypothesizes, which are formulated in the first part of the thesis, have been proven or disproven. It was found, that preferences of Russian and Swedish people are pretty the same, however Russian customers do not like to risk with new brands and prefer well-known and trusted brands while Swedish customers are open for any brand, which can satisfy their tastes.
|
252 |
The Influence of Brand Equity and Brand Identity on Brand Extension StrategiesHein, Katja, Bode, Deike January 2015 (has links)
The times of following a ‘one brand – one product’ strategy have long past. Nowadays, firms are increasingly recognizing the true value of their brands and are starting to use these as a source of competitive advantage. By introducing new products under an existing brand name, firms leverage the power of their brands and thus, aim at benefiting from the success of the parent brand. Brands are amongst the most valuable assets owned by a company, which encourages them to engage in brand extensions. The authors mainly distinguish between three brand extension strategy types: line extension, vertical line extension and category extension. Previous quantitative studies have identified that particularly brand equity and brand identity stand out as significantly influencing brand extension strategies. Therefore, this qualitative case study further explores how these two branding constructs affect firms’ brand extension decisions. While most past studies investigated the potential success of fictitious brands, this study performs qualitative interviews with brand and product managers of eight real case firms operating in the FMCG industry in Germany. The empirical data indicates that the pressure to innovate rises, as more and more new extension products are being introduced to the market in recent years. Nevertheless, the majority of firms opt for line extension strategies, while only few dare to enter a further distanced market segment. Hence, the condition of a “fit” between the parent brand and extension product is mostly accounted for. The study further suggests that a brand without strong brand equity will not be able to perform brand extensions at any level. However, even if brands do benefit from strong brand equity, firms may adopt divergent strategies, which is mainly dependent on the brand’s identity. The research results show that narrowly defined brands, predominantly distinguishable by concrete product features and physical facets, restrict the firms’ capability to extend a brand beyond its original product line. Contrarily, brands with a more abstract or value based identity provide more opportunities to stretch further from the parent brand. An emotional brand that succeeds in building a relationship to the customer, in representing a distinct personality or telling a story, is able to extend to a new product category. The study concludes that certain brands may be under-exploited, as they do not leverage their high equity and identity capabilities in terms of extending the brand to a further distanced market segment. As a result of the findings, two Brand Extension Strategy Matrices are constructed, setting the brand identity abstraction level (product or value based identity) into relation to (1) brand equity and (2) the identity “fit” of an extension product and the parent brand. Each of these two matrices explains the strategic consequences of a given set of brand equity and brand identity.
|
253 |
Internal Brand Equity : A study on the relationship between internal brand equity and external brand equity in B2B firmsBiela, Joanna, Siddiquian, Mustafa January 2015 (has links)
In the business-to-business sector, the brand owner´s employees are increasingly playing a key role in terms of representing the brand to existing and potential customer. The role of a well-established internal brand equity can give a business-to Business Company the edge it needs in the market today. Internal branding has recently emerged as an important issue in industrial market. This study aims to find out how internal brand equity and its determinants affect the external brand equity of business-to-business companies. This study is based on previous research of internal brand equity in business-to-business setting. In this study four hypothesis were tested. Surveys were conducted among manufacturing and promotional companies in Sweden and Latvia, which resulted in 94 complete and useful response with a response-rate of 28.3%. The findings offer evidence, that internal brand equity with determinants have a great impact on the external brand equity of a firm.
|
254 |
Video Brand Storytelling, The Rise of Content Marketing : A qualitative study exploring the antecedents of brand perceptionsSheri, Sindi, Traoudas, Byron January 2017 (has links)
Purpose: The purpose of this study is to explore video brand storytelling’s affect on the antecedents of brand perceptions. Design/Methodology/Approach: This study has a qualitative and an exploratory nature. The data collection method is in-depth semi-structured interviews. The authors conducted a pre-study in order to gain more knowledge about the topic , and enhance the operationalization for the main data collection method. Findings: The study concludes that video brand storytelling and its elements affect all the brand perceptions’ antecedents. Video brand storytelling is proved to be a powerful tool in content marketing since it can positively affect, even when consumers' perceptions towards the story are negative. A new antecedent of brand perceptions is proposed. Furthermore, a new element of video brand storytelling is also created. This study goes even deeper by connecting each of the elements of brand storytelling to the brand perceptions’ antecedents. Managerial and Theoretical contribution: This paper can be of great value to marketers and practitioners, since they will get suggestions about video brand storytelling’s use, in order to affect consumers as intended. The theoretical contributions of this study are also of great value since videos, brand storytelling and brand perceptions were never researched in the same context. New concepts and a new model are created, which can be a basis for future research. Quality: To add quality and validity to this study the authors include detailed processes through all the paper and provide thick descriptions and explanations.
|
255 |
Acne Jeans and Brand Associations : -A Study of the Coherency Between the Brand Identity and the Brand ImageAndersson, Henrik, Robertson, Frida January 2008 (has links)
<p>In recent years, the successful expansions of Swedish fashion companies have mainly relied on their ability to turn fashion into brands. However, when companies grow it seems to be difficult to maintain the original brand identity as well as to establish a unique brand image in the minds of the consumers. With regard to this matter the purpose of our thesis was to investigate the brand image of Acne Jeans. Our ambition was to examine to what extent the brand image coincided with the brand identity and if brand associations differed between different consumer segments. In order to fulfil our purpose, we have conducted a questionnaire study of a sample of 130 students at Stockholm University. The findings of our study show that the brand image of Acne Jeans did not coincide with the brand identity regarding the aspects of individuality and innovativeness. We further concluded that there were several differences between the associations of those in possession of Acne apparel and those who did not own any Acne items. Finally, the associations of early adopters were investigated. The result indicated that the brand associations in this group did not deviate from the general opinion of the total sample.</p>
|
256 |
Is There More To Merchandise Than Making Money? : A comparative study of Scandinavian football clubs describing how they build Brand Equity through merchandiseBergqvist, Rasmus, Falck, Alexander January 2010 (has links)
<p>Authors: Alexander Falck, 86-05-24, Economic program</p><p>Rasmus Bergqvist, 84-11-08, Marketing program</p><p>Course: International Marketing Strategy, 4FE02E (AF) and 4FE00E (RB)</p><p>Tutor: Anders PehrssonExaminer: Anders PehrssonTitle: Is There More to Merchandise Than Making Money? A comparative study of Scandinavian football clubs describing how they build Brand Equity through merchandise.</p><p>Background and problem discussion: Merchandise is one part of the product that a football club offers. Kapferer‟s (2008) Brand Identity Prism should be useful to map the relationship between product and Brand Equity. Merchandise attractiveness can affect consumers‟ perception regarding the product quality of the whole club. As little have been written regarding how Scandinavian football clubs use their products to build their Brand Equity we saw a relevance of further searching in to this subject.</p><p>Research question: How do Scandinavian football clubs use merchandise to build the club Brand Equity?</p><p>Purpose: The purpose is to identify what differences and similarities Scandinavian football clubs have in their development of fan merchandise and presenting successful methods to build Brand Equity, in terms of the percental contribution to the club‟s total turnover and the merchandise turnover contribution from each attending supporter.</p><p>Methodology: To study the subject thoroughly the study used in this thesis is qualitative. We have chosen to conduct a multiple case study with semi-structured interviews and content analysis of the physical artefacts, merchandise. Five Scandinavian football clubs took part in this research.</p><p>Findings: The Brand Equity component that the clubs are trying to affect the most through merchandise is brand association. Perceived quality and brand awareness are secondary focuses for the clubs to affect while brand loyalty couldn‟t be seen in this thesis.</p><p>Keywords: Brand, Brand Association, Brand Awareness, Brand Equity, Brand Identity Prism, Culture, Merchandise, Perceived Quality, Personality, Physique, Relationship</p>
|
257 |
Brand loyalty to arts festivals : case of KKNK / Su-Marie LemmerLemmer, Su-Marie January 2011 (has links)
The primary purpose of this study was to determine the status of brand loyalty to art festivals with
reference to Klein Karoo national Arts Festival (KKNK). This was achieved by firstly analysing and
discussing the role of branding in tourism marketing. Secondly, a literature study was conducted to
analyse the concept brand loyalty. Thirdly, the results of the empirical research were discussed
and finally the conclusions were drawn from the research and recommendations were made with
regard to visitors’ loyalty to the KKNK.
Literature indicated that when marketing a tourism product or service it involves a complex bundle
of value, which is intangible, inseparable, variable and perishable. Therefore the tourist’s
experience with the product is important to keep in mind. Every tourist counts in the tourism
industry therefore knowledge related to the needs and wants of the tourists. This can be
determined by market research that is designed to collect, analyse, interpret and report
information. The marketer can use this information to create a marketing mix, however, in the
tourism and hospitality industry the four P’s (price, promotion, product, place) are extended with
more P’s, namely people, physical environment, processes, packaging, participation, productservice
mix, presentation mix and communication mix. The tourism product or festival should be
positioned in the minds of the tourists and this cannot be achieved without branding the product.
The brand name is used to identify and differentiate the product from its competitors. It also
creates meaning for the tourist and establishes a competitive position in the minds of the tourist.
Brand loyalty should be an important marketing goal of the tourism product because it reduces a
brand’s vulnerability to competitors’ action and create a committed relationship with the tourists
that insure lifelong visiting behaviour among tourists or positive word-of-mouth recommendations.
Brand loyalty is build on six levels which can also be utilised to determine the visitors loyalty towards the brand and to assist the marketer on focussing on areas which should be improved to
achieve a higher level of loyalty. The aim of the marketer should be to achieve the highest level of
brand loyalty namely Resonance.
For the purpose of this study the visitors’ profile and the current status of brand loyalty, were
measured by means of a questionnaire and the objective of the questionnaire was to determine
how loyal the visitors were to the KKNK. The questionnaires were distributed among the visitors at
the KKNK in Oudtshoorn, in April 2009. Availability sampling was used to collect the data based
on the fact that the respondents were conveniently available on the festival grounds and at show
venues and willing to complete the questionnaires. A total of 422 questionnaires were completed
during the festival.
The factor analysis determined that Brand Feelings were the loyalty level that was rated the
highest by the respondents to the KKNK. Therefore it was determined that the visitors’ loyalty to
KKNK is currently at the fifth loyalty level and will have the most influence on the visitors when
deciding to visit or recommend the KKNK. This is expected for a festival that is 15 years old
however, the organisers of the KKNK can continue to improve the visitors loyalty until they reach
the sixth and highest, loyalty level.
This study contributes to the limited available literature on brand loyalty to arts festivals. / Thesis (M.Com. (Tourism))--North-West University, Potchefstroom Campus, 2012
|
258 |
Is There More To Merchandise Than Making Money? : A comparative study of Scandinavian football clubs describing how they build Brand Equity through merchandiseBergqvist, Rasmus, Falck, Alexander January 2010 (has links)
Authors: Alexander Falck, 86-05-24, Economic program Rasmus Bergqvist, 84-11-08, Marketing program Course: International Marketing Strategy, 4FE02E (AF) and 4FE00E (RB) Tutor: Anders PehrssonExaminer: Anders PehrssonTitle: Is There More to Merchandise Than Making Money? A comparative study of Scandinavian football clubs describing how they build Brand Equity through merchandise. Background and problem discussion: Merchandise is one part of the product that a football club offers. Kapferer‟s (2008) Brand Identity Prism should be useful to map the relationship between product and Brand Equity. Merchandise attractiveness can affect consumers‟ perception regarding the product quality of the whole club. As little have been written regarding how Scandinavian football clubs use their products to build their Brand Equity we saw a relevance of further searching in to this subject. Research question: How do Scandinavian football clubs use merchandise to build the club Brand Equity? Purpose: The purpose is to identify what differences and similarities Scandinavian football clubs have in their development of fan merchandise and presenting successful methods to build Brand Equity, in terms of the percental contribution to the club‟s total turnover and the merchandise turnover contribution from each attending supporter. Methodology: To study the subject thoroughly the study used in this thesis is qualitative. We have chosen to conduct a multiple case study with semi-structured interviews and content analysis of the physical artefacts, merchandise. Five Scandinavian football clubs took part in this research. Findings: The Brand Equity component that the clubs are trying to affect the most through merchandise is brand association. Perceived quality and brand awareness are secondary focuses for the clubs to affect while brand loyalty couldn‟t be seen in this thesis. Keywords: Brand, Brand Association, Brand Awareness, Brand Equity, Brand Identity Prism, Culture, Merchandise, Perceived Quality, Personality, Physique, Relationship
|
259 |
Acne Jeans and Brand Associations : -A Study of the Coherency Between the Brand Identity and the Brand ImageAndersson, Henrik, Robertson, Frida January 2008 (has links)
In recent years, the successful expansions of Swedish fashion companies have mainly relied on their ability to turn fashion into brands. However, when companies grow it seems to be difficult to maintain the original brand identity as well as to establish a unique brand image in the minds of the consumers. With regard to this matter the purpose of our thesis was to investigate the brand image of Acne Jeans. Our ambition was to examine to what extent the brand image coincided with the brand identity and if brand associations differed between different consumer segments. In order to fulfil our purpose, we have conducted a questionnaire study of a sample of 130 students at Stockholm University. The findings of our study show that the brand image of Acne Jeans did not coincide with the brand identity regarding the aspects of individuality and innovativeness. We further concluded that there were several differences between the associations of those in possession of Acne apparel and those who did not own any Acne items. Finally, the associations of early adopters were investigated. The result indicated that the brand associations in this group did not deviate from the general opinion of the total sample.
|
260 |
Brands in business-to-business : A qualitative research of brand influence in organizational buying behaviorGartnell, Andreas, Freij, Martin, Svensson, Adam January 2013 (has links)
Brands are well recognized to create trust and develop both cognitive and emotional ties with customers, but primarily in business-to-consumer (B2C) markets. Recent research acknowledges the fact that brands, despite the differences between B2C and business-to-business (B2B) contexts, may carry valuable features in B2B contexts as well. B2B purchasing is a combination of decisions made by individuals and their decision could many times be influenced by personal- as well as affective- and cognitive factors, although in an organizational setting. This study intended to examine the influence of brands in a B2B purchasing context and is delimitated to the definitions made by the European Union (2013) for micro and small-sized enterprises (MSEs). The study was restricted to investigate products that were used for certain organizational purposes, e.g. products that are consumed in the daily activities of organizational functions. A distinction was made between highand low involvement purchases. For this study, a research model was based on recognized brand concepts and organizational buying behavior models. The model illustrates the underlying hypothesis that organizational buying behavior is differently affected by brands depending on product involvement. This research used a qualitative approach, using in-depth interviews to retrieve a deeper understanding of human behavior and the underlying reasons behind such behavior. The result implies that substantial organizational buying behavior had ties to purchasers’ individual buying behavior and further implies emotions being a strong factor when the buyer lacks knowledge, motivation or interest in the product. Brand was initially stated to have limited influence on organizational decisions, which at further elaboration turned out to contradict the actual purchasing behavior.
|
Page generated in 0.0383 seconds