StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

MKT501 MODULE 2 CASE: The Marketing Mix - Research Paper Example

Cite this document
Summary
Susan Fournier (1998) said that customers have relationships with brands and identifies it as a metaphor customer relationship, while other authors contradict this claim saying that inanimate…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
MKT501 MODULE 2 CASE: The Marketing Mix
Read Text Preview

Extract of sample "MKT501 MODULE 2 CASE: The Marketing Mix"

Download file to see previous pages

with their brands.” In this context, this study will seek to augment Fornier’s hypothesis that a brand relationship exist, using Walt Disney Company and McDonalds as examples to explain brand relations do exist in marketing. Creating brand vision or identity according to David Aacker (1996), who is generally regarded as the worlds leading academic authority on branding strategy, is a key step to recognize a brand as something greater than a set of attributes that can be imitated or surpassed.

On this view, Aaker suggests that a company consider its brand not just a product or service but as an organization, a person, or a symbol. AAker recommends the “brand-as-organization perspective” that focuses on the associations of the company’s people, culture, program and values, that make such organizations more endearing and hard to imitate by competitors. He said that a brand becomes more interesting and memorable and becomes an expression of a customer’s identity when it has a brand personality.

As a metaphor in contemporary marketing, Aaker viewed that “a brand without personality, not unlike a person, lacks friends and easily overlooked”. Study of Aacker showed that there are factors that influence relationship with a brand and argues that a relationship exists between the brand as person and the customer; he likened this relationship with two people. He also posted that there is a brand personality that typifies the kind of person the brand represents. He said that in the brand personality, depth, feelings and likings are present that can also be based on the functional benefit relations, just as there is a business relation in persons.

The success in developing a business relation with client, according to Phillips and Duncan (p.65 ) is to be able to know the consumers buying habits such as where, when and how consumers buy. By knowing these factors, the brand as represented by the company, should be able to place themselves on the point of

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“MKT501 MODULE 2 CASE: The Marketing Mix Research Paper”, n.d.)
MKT501 MODULE 2 CASE: The Marketing Mix Research Paper. Retrieved from https://studentshare.org/miscellaneous/1562330-mkt501-module-2-case-the-marketing-mix
(MKT501 MODULE 2 CASE: The Marketing Mix Research Paper)
MKT501 MODULE 2 CASE: The Marketing Mix Research Paper. https://studentshare.org/miscellaneous/1562330-mkt501-module-2-case-the-marketing-mix.
“MKT501 MODULE 2 CASE: The Marketing Mix Research Paper”, n.d. https://studentshare.org/miscellaneous/1562330-mkt501-module-2-case-the-marketing-mix.
  • Cited: 0 times

CHECK THESE SAMPLES OF MKT501 MODULE 2 CASE: The Marketing Mix

The Marketing Mix for Pets.com

om Case Analysis the marketing mix for Pets.... om, product was one of the primary selling points along the marketing mix.... Furthermore, price was an important part of the marketing mix.... om case Study Analysis BY YOU YOUR SCHOOL INFO HERE DATE HERE Pets....
4 Pages (1000 words) Case Study

Marketing Mix Strategy at Canadian Dessert

the marketing mix helps an organization that is targeting to produce products for a specific group of people.... the marketing mix helps the company overcome the challenges that are a result of the unpredictable and changing the macro environment.... Product is the most important element of the marketing mix plan that a company offers to its target customers and must have unique characteristics that distinguish it from its competitors.... hellip; In recent times organizations are focusing on matching its products and their customers' needs through the use of elements of a marketing mix that include products, price, promotion, and place....
7 Pages (1750 words) Case Study

Marketing Communication at Streetcar Company

Streetcar marketing communication is quite unique and this has enabled it to integrate its marketing mix to address the phenomenon of the 4P's (product, promotion, place, and price).... marketing mix is associated with marketing communication and this allows the company to blend its elements of promotion into other operations and the result is more purchases of their services.... The success of the marketing strategy will depend on the appropriate coordination and implementation of all the elements of a marketing mix which include pricing, promotions, place and the product....
8 Pages (2000 words) Case Study

The Marketing Mix of Costa Coffee

This paper 'the marketing mix of Costa Coffee" focuses on the fact that we are living in a global economy, where physical boundaries do not matter much.... This article is intended to analyze the marketing mix (product, price, place and promotion) of one commodity and one service.... Before starting the evaluation, it is essential to have a brief overview of the theoretical basis of the elements of the marketing mix.... In the end, we will comment on the effectiveness of the marketing mix of both of them....
9 Pages (2250 words) Case Study

Marketing Mix of Domino's pizza

This procedural engagement by Domino's Pizza entailed the establishment of 7P's of the marketing mix, in their procedural engagement of the customers and establishment of services.... This paper is a marketing mix of Domino's Pizza.... hellip; According to the research findings, in view of the procedural marketing mix as employed by Domino's Pizza, the strategy development is working effectively....
7 Pages (1750 words) Case Study

The Marketing Mix of Burger King Company

The paper "the marketing mix of Burger King Company" describes that the company can manipulate the marketing mix as regards its current positioning.... hellip; Burger King must check its strategy first if it is supportive of its objectives before it can decide to change the marketing mix.... Finally, recommendations have been made in order to provide the company with some options in order to facilitate growth by changing the combination of the elements in the marketing mix and create a competitive advantage tailored to its chosen target market....
10 Pages (2500 words) Case Study

Marketing Mix Plan: Mitsubishi Outlander

This paper "marketing mix Plan: Mitsubishi Outlander" presents the niche market targeted as part of this market mix in order to increase both the sales as well as the visibility of the Mitsubishi Outlander, an exciting and competitively priced SUV on the market for just over eight years.... Seeking to understand the target market for the Mitsubishi Outlander as well as the marketing objectives for this audience, the following proposes a comprehensive marketing mix of this leading automobile....
7 Pages (1750 words) Case Study

Tesco's Marketing Mix Plans

This case study "Tesco's marketing mix Plans" gives a detailed study about its marketing mix plans is required to come to a conclusion regarding the allegations and their effect on its brand image.... nbsp;… The supermarket giant Tesco is well-positioned in terms of its marketing mix factors.... Hence, a detailed study about its marketing mix plans is required to come to a conclusion regarding the allegations and their effect on its brand image....
8 Pages (2000 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us