Product-related attributes associated with packaging, pricing and brand awareness, inter alia, tend to create and reinforce the relationship between the consumer and the brand (Suresh et al. 2012). Consumers respond to packaging based on a set of prejudices, learned reactions and individual preferences that help to catapult certain products to dominance in today’s dynamic markets (Aaker 2010). Certain shapes, colours, sizes and textures naturally influence consumers to respond positively, whilst others evoke negative reactions (Aaker 2011). With rising consumer affluence, consumers are often willing to pay a little more for the convenience, appearance, dependability and prestige of better packaging (Kotler & Armstrong 2010). Companies have …show more content…
Ordinarily, packaging should be designed in such a way that the product can be handled without damaging the quality of the contents (Silayoi & Speece 2007). Packaging should also be designed to promote product sales (Deliya & Parmar 2012). A consumer should, without extraneous effort, be able to identify the packaging of a particular manufacturer standing on the shelf and distinguish it from other competing brands (Cronje et al. …show more content…
It is the probability that consumers will easily recognise the existence and availability of a company’s product or service (Mowen & Minor 2001). There are two main types of brand awareness, namely ‘aided awareness’ and ‘top of the mind awareness’ (Farris et al. 2010). Aided awareness occurs when a consumer is provided with a list of brand names and they recognise the brand from the given set whereas ‘top of the mind awareness’ occurs when the name of the brand is automatically recollected because the consumer very promptly associates the brand with the product category (Keller 2008). Despite their inherent differences, both types of brand awareness are useful in their respective domains of application. Moreover, brand awareness also comprises brand recognition, which is the ability of consumers to confirm that they have previously been exposed to a particular brand, and brand recall, which reflects the ability of consumers to name a particular brand when given the product category, category need or some other similar cue such as brand logos (Liu, Liston-Heyes & Ko
• Packaging: overall package is very basic with no signs of the brand’s logo or additional information • Expanding
With so many options of items, objects and brands to solve different problems from itchiness, to a fever or headache, to boredom it is easy to be distracted. It is so simple for consumers to get caught up in the hype or buzz of brands and that is what entrepreneurs are hoping for. It is their goal for consumers to be constantly faced with making decisions or in constant view of products and they do and create ways for people to get even more wrapped up in their brands on purpose so that they can promote their products. In her essay, Dye tries to convince business minded people to do more to get their products seen. Dye writes: " insightful companies have discovered that products can be made visible.
A person bought payed more to get a product with a brand name. Even though it was more expensive, it was worth it. “Is It Worth It”, by Scholastic Scope, examines the controversy of whether it is worth to pay more for brand names. Designer brands are worth purchasing because it makes a person feel where he or she belongs. First of all, wearing brand name labels makes a person feel like he or she belongs.
Television, billboards, ads, social media sites are all sources that companies can use to have their companies get brand recognition. Using brand recognition causes a memory in our brain to remember the logo to the
RIAS marketing has carried out extensive market research using online and direct surveys as well as existing customer feedback (Voice of the customer platforms and Trust pilot) to create a tailored approach to these attitudes. This has given them a strong understanding of how its customer base makes its decisions on which provider to select and how they can influence that provider to be RIAS. The result of this market research has identified that Brand Presence and recommendations/ratings from independent financial information businesses, such as DEFAQTO [10], are key contributors to identifying and winning new customers. • Brand Presence Research carried out by Huang, Rong & Sarigollu, Emine. (2012), confirm that brand awareness “has a positive correlation with brand forming part of the consumer decision making.”
Is your driveway or parking lot starting to show wear and tear? Are you looking for ways to protect it, before it starts to look worn out? Although your friends and acquaintances may have their own ideas on the process, it's good to do your own research. Here are some things you might have heard, along with the truth behind them: Painting is as good as seal coating: Seal coating is a protective liquid made of coal, petroleum and acrylic and is specifically designed to adhere to asphalt. Once dried, it binds to the asphalt creating a uniform surface so that your asphalt surface is as impervious as a new one.
Essay The “competitiveness secret” Why the companies change the packaging to sell the same product? Why similar products, but with different brands are perceived as different? If the consumer perceives a product as different from the others, the company that sells this product, has a competitive advantage from the other companies. And if a company sells a particular product, it will increase its profits.
Another element that has been repeated is the brand name: The Carmans brand name, distinguishable through cursive font, builds ethos and persuades through repetition. By placing the Carman’s brand name on each side of the box, it familiarises the consumer with the brand. According to an article in the Journal of Global Fashion Marketing, brand familiarity is effective as the more familiar a person is with a brand, the greater the influence of buying their products becomes.
The Issue Affecting Packaging. Dell’s company is known as for their electronics products such as laptop, computer, server and tablet. Most of the product are very sensitive with shock and vibration. Hence, to protect the product during distribution to the warehouse and customer the Styrofoam been made. The Styrofoam are Polystyrene is a petroleum-based plastic made the styrene monomer.
I consider every product package should be recognizable by its creative and innovative way of advertisement, in order for customers not to rely on outdated
ALDI supermarkets, a well-known retailer in business, focused on retaining and gaining customer’s loyalty on those who were already familiar with the ALDI brand. ALDI’s main objective is getting its message across which is offering the best quality products at the lowest price possible. One of ALDI’s marketing strategies is the ‘Like brands’ by which ALDI created high quality products similar to those products of a well-known brand and competitors, but with a lower price. ALDI created blind tastes of these ‘like brands’ where people can taste ALDI’s brands and the national brand to see if they can make a
The package should provide in eco-friendly way (paper wraps only / avoid plastic wraps). Promotion Life is good should come up with a new promotion to attract the customers. Seasonal based product is a smart way to promote the product and gain customers attention. Moreover, introduce Option or customized product for each customer is also a good way to promote the product.
Brands are complex offerings that are conceived by organisations but ultimately resides in the consumers mind (De Chernatony, 2010). A brand thus signals to the customers the source of the products and services and protects both the competitor who would attempt to provide products and services that appear similar or identical (Aaker, 2004). Brands provides the basis upon which consumer can identify and bond with a product or service or group of products and services (Weilbacher, 1995). A brand is a specific uniqueness associated with a product or services that enables the consumers connect with it by easy identification through the name, slogan, design, logo, symbols, etc. of the organisation that produces the products or
Willdy’s Waffles aims to be at the fourth quadrant where our products will meet its highest quality standards at a cheap and affordable price. Among the competitors of our company which also offers products at a low price and meets high quality standards are the following: Coffee Brewers, Shut Up Shop, Kute Co., We Wear Bears, and Everfruit Cupcakes. Among the competitors of our company which offers their products at a high price with corresponding high quality are the following: Mix n’ Match and Slice n’ Slurp. Market Analysis Marketing
• Consumer Awareness Many studies have been done on consumer perception and awareness about brand. Keller (1993; 1998) described consumer perceptions about brands as brand knowledge, which consist on brand image and brand awareness. Hence according to Keller Brand awareness means recognition and recall of brand. Brand Image is defined as,“a perception about a brand which is reflected by the brand associations and it is held in consumer memory” (Keller).