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CUSTOMER-BASED BRAND EQUITY MODEL Contact : +44 203 8681 671 www.instantassignmenthelp.com
Brand Salience Brand salience is the degree to which a brand is thought about or noticed. Brand salience of coca-cola is more because large number of buyers in buying situations purchase it more than any other brand. It is because it provides better quality than its competitive brands. It is the oldest brand in soft drink industry and far most successful. Contact : +44 203 8681 671 www.instantassignmenthelp.com
Brand Performance • The product provides the customer with extreme satisfaction. • The expectations of the clients are ideally exceeded through meets. • This brand has created positive brand personality among its consumer through its performance and understanding. • There is difference between what is the present position of the brand and where they want to reach. Contact : +44 203 8681 671 www.instantassignmenthelp.com
BRAND IMAGERY • The coca-cola brand is unique and the oldest brand in its field. • The brand has such a powerful image on its consumer that the first thing that clicks into the minds of customer where softdrinks are required is coke. • The customers of coca cola have a sense of attachment with brand. Contact : +44 203 8681 671 www.instantassignmenthelp.com/dissertation
CONSUMER REACTIONS • Judgement: • The consumer judge the quality of drink based on its actual and perceived quality. • The coke consumers also judge the creditability of product considering expertise, worthiness and likability coca cola judge Contact : +44 203 8681 671 www.instantassignmenthelp.com
CONSUMER REACTIONS • Feeling • They consider feeling of consumer while buying the product. • The quality of product is judged that how it is meeting the needs of consumers. Contact : +44 203 8681 671 www.instantassignmenthelp.com
BRAND RESONANCE • It is the most disirable stage where all the brands want to reach. • It is achieved when the consumer feels deep psychological bond • Consumers of coca cola are deeply attached with it. • People are satisfied and actively engaged with the brand. Contact : +44 203 8681 671 www.instantassignmenthelp.com
REFERENCES • Apple Marketing Mix. 2014. • Brady, L. D., 2010. Essentials of International Marketing. M.E. Sharpe. • Brooks, R.and Simkin, S., 2012. Judging marketing mix effectiveness. Marketing Intelligence & Planning. • Czinkota, M. and Ronkainen,L.,2012. International Marketing. Cengage Learning. • Definition Of International Marketing. 2014 Contact : +44 203 8681 671 www.instantassignmenthelp.com