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Brand Management Week 7
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Brand Management Week 7

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@RemarkableTaiga

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Questions and Answers

Which of the following is a quantitative research method mentioned in the text?

  • Netnography
  • Survey (correct)
  • Free association
  • Ethnography
  • What does brand recall refer to?

  • The likelihood that a brand will be included in consumers' consideration set
  • The likelihood that a brand will come to mind given a related cue (correct)
  • The likelihood that a brand will be associated with positive consumer attitude
  • The likelihood that a brand will be recognized in the marketplace
  • What is the purpose of perceptual mapping in strategic brand management?

  • To assess consumer awareness and perception of a brand
  • To determine the likelihood of a brand being recognized in the marketplace
  • To evaluate the consistency of consumer perception with brand positioning (correct)
  • To measure the positive consumer attitude towards a brand
  • Which brand element is an important identifier for recognition?

    <p>Brand logo design</p> Signup and view all the answers

    What is the primary channel used by Lululemon?

    <p>Direct to consumers</p> Signup and view all the answers

    Which positioning attribute is inconsistent with Lululemon's brand perception?

    <p>Community-based</p> Signup and view all the answers

    What is the main focus of Lululemon's community-based marketing?

    <p>Sustainability</p> Signup and view all the answers

    Which method is used to compare each factor between brands in the given text?

    <p>Independent-sample t-tests</p> Signup and view all the answers

    What is the formula used to calculate the number of pairs in the overall similarity method?

    <p>(n x (n-1))/2</p> Signup and view all the answers

    Which brand is perceived most similarly to Lululemon in the perceptual map?

    <p>Athleta</p> Signup and view all the answers

    What is the correlation coefficient used to measure the strength of the correlation between attributes?

    <p>Pearson's r coefficient</p> Signup and view all the answers

    Which of the following is NOT a way to measure attitude in affective evaluation?

    <p>Positioning</p> Signup and view all the answers

    What is the scale used to measure attitude in affective evaluation?

    <p>1 = very bad, 7 = very good</p> Signup and view all the answers

    Which of the following is a measure of implicit attitude?

    <p>Effortlessly activated on exposure to the object</p> Signup and view all the answers

    What is the Implicit Association Test (IAT) used for?

    <p>Measuring the strength of associations between concepts and evaluations</p> Signup and view all the answers

    Study Notes

    Research Methods

    • The quantitative research method mentioned in the text is the overall similarity method.

    Branding Concepts

    • Brand recall refers to the ability of consumers to remember a brand.
    • In strategic brand management, perceptual mapping is used to visually represent consumers' perceptions of brands and their positions in the market.
    • An important identifier for recognition is the logo, which is a key brand element.

    Lululemon

    • The primary channel used by Lululemon is community-based marketing.
    • The main focus of Lululemon's community-based marketing is building a community around the brand.
    • Inconsistency with Lululemon's brand perception is the low-quality attribute.

    Perceptual Mapping

    • The method used to compare each factor between brands is the overall similarity method.
    • The formula used to calculate the number of pairs in the overall similarity method is not provided.
    • Lululemon is perceived most similarly to Athleta in the perceptual map.

    Affective Evaluation

    • The correlation coefficient used to measure the strength of the correlation between attributes is not specified.
    • The scale used to measure attitude in affective evaluation is the Likert scale.
    • A measure of implicit attitude is the Implicit Association Test (IAT).
    • The Implicit Association Test (IAT) is used to measure the strength of association between a brand and a particular attribute or concept.

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    Description

    This quiz compares various factors between Athleta and Lululemon brands, such as experiential and community-based aspects, as well as fashionable design. You will use independent-sample/paired t-tests to analyze and compare the averages.

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