Submitted by: Submitted by siddharthgoel
Views: 487
Words: 545
Pages: 3
Category: Business and Industry
Date Submitted: 07/17/2011 01:34 AM
EXECUTIVE SUMMARY
I am presenting this report on brand loyalty and promotional mix,
starts with the rational behind preparing the report, objective, a brief
history of the brand and covers a wide variety of topics, such as making of
the brand, product offerings, brand portfolio, customer perceptions, hr
policy, advertisement strategy,etc.
All this research is then followed by a survey which reveals some facts
about the brands image in the minds of the consumer and satisfaction
derived by the consumers after purchasing the brand.
At last I have concluded the report with my interpretation of the whole thing
and the information collected is presented with the help of charts and
diagrams.
RATIONALE OF MAKING THE REPORT
The American marketing association defines a brand as a name, term, sign,
symbol or design or a combination of them intended to identify the goods or
services of any one seller or group of sellers and to differentiate them from
those of competitors.
Brand is the added value endowed to a product and services. This value
may be reflected as in how consumers thinks, feel or act with respect to a
brand as well as the prices, market share an profitability that the brand
commands from the firm.
You can not understand consumers emotions, feeling, his aspirations and
expectations for a brand by reading books or theoretical knowledge; for that
purpose you have to interact and communicate with the consumer up close
and personal and ask him directly or indirectly about his perception of the
brand.
In the same manner you have to approach the customers/consumers
directly to understand his experience of buying and using a product; and
weather he/she is satisfied with the whole process or not. This is very
important for a marketer because...