The purpose with this essay is to study how a micro enterprise builds a brand. This because the current situation makes it difficult to stand out from the vast amount of marketing messages available in the market without having an extensive marketing campaign. Small companies do not have the opportunity to put a lot of recourses as money into marketing as the large companies do. Neither do they afford to repair a brand failure. Brand building is a process that constantly is in progress in a company, large or small. To make this process concrete we have chosen to study the four factors; brand awareness, perceived quality, brand associations and brand loyalty. It is with these factors that we have performed interviews with three micro enterprises which have not been on the market for more than five years. This is because many start-ups fail in the process of building their brands and eventually they disappear from the market. After we have performed the analysis we have concluded that the respondents have a clear understanding that it costs to building a brand. Despite the limited recourses they use smart solutions and cheap alternatives to increase the awareness of the brand. One example is social media like Facebook and Twitter. Because of the large marketing costs the respondents in this study does not work with associations very much, except the logotype, slogan and brand name. Something the small companies have as an advantage is that they can create a close relation to their customers and that is why they can work to increase the customer satisfaction which leads to loyalty. Because the companies have been in the brand building process since the start the brand is of crucial importance within the company.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hh-5334 |
| Date | January 2010 |
| Creators | Nilsson, Sarah, Olsson, Åse |
| Publisher | Högskolan i Halmstad, Sektionen för ekonomi och teknik (SET), Högskolan i Halmstad, Sektionen för ekonomi och teknik (SET) |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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