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Brand Building Name: Institution: Brand Building Abstract The management of a company’s brand is one of the pivotal roles played by the marketing department. A brand defines the term, symbol, name or design, as well as any other characteristic that identifies a company’s products as distinctive from other companies’ products…
Brand image is developed with time through strategies such as promotional campaigns and maintaining a consistent theme such as superior quality (Kotler & Keller, 2005). Conversely, brand image can only be authenticated by customers’ direct experiences. Therefore, proper segmentation, positioning and targeting are imperative to ensure that customers appreciate the company’s brand image. The purpose of this paper is to consider the renowned Samsung brand, discussing various strategies through which the company develops and maintains its position in the market. Part 1 The Samsung brand is one of the most renowned international brands. The Samsung brand encompasses a number of subsidiaries and affiliated businesses, which operate under the Samsung Group, a South Korean conglomerate headquartered in Seoul’s Samsung Town. Steve, who is a close friend, is an extremely loyal customer of the Samsung brand (Kotler & Keller, 2005). From his cell phone to his television and other technological devices, Steve only trusts the Samsung brand. According to Steve, his loyalty to the Samsung brand can be attributed to the company’s robust brand building activities. Steve argues that Samsung’s frequency programs and brand image building activities sustain his loyalty to the brand. ...
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