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Questions and Answers

It is the process of creating a slogan from a message and then designing a symbol or logo

Branding

It is a distinctive name or symbol which identifies a product or set of products which differentiate it from its competitors

Branding

refers to how familiar the general public is with a brand. (For example, Jollibee as one of the leading fast-food chains in the Philippines).

Brand awareness

when companies extend their brand to develop new products in new industries and markets. (For example, from Ferrari Luxury cars to a theme park).

<p>Brand extension</p> Signup and view all the answers

is the personality of the business and the promise they make to their customers. (For example, SM’s ‘We’ve got it all for you’ promise).

<p>Brand identity</p> Signup and view all the answers

refers to the process of creating and maintaining the brand. It includes managing the tangible elements of the brand (packaging, color palette). (For example, Coca-Cola’s famous font/logo).

<p>Brand Management</p> Signup and view all the answers

is how well a consumer can recognize and identify the brand without seeing the name – through your logo, tagline, jingle, packaging, or advertising.

<p>Brand Recognition</p> Signup and view all the answers

This concept goes hand-in-hand with brand recall, which is the ability to think of a brand without any visual or auditory identifiers. (For example, McDonald’s ‘Love ko ‘to’ slogan).

<p>Brand Recognition</p> Signup and view all the answers

refers to how strongly customers and consumers believe the brand. (For example, Go Hotels are patronized by clients as they offer cheap but safe and clean rooms).

<p>Brand trust</p> Signup and view all the answers

This is a short reiteration of the salient points of the marketing plan.

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

This part is where the strengths, weaknesses, opportunities, and threats of the business/destination are identified.

<p>SWOT Analysis</p> Signup and view all the answers

These are the goals that companies want to achieve for a certain period. They provide a clear direction for strategies, tactics, and activities that will be done.

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

This section should include specific activities, their expected time of roll-out, and duration. It can be in the form of a Gantt chart.

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

This describes branding that is used for a person, instead of branding for a whole business.

<p>Personal branding</p> Signup and view all the answers

This type of branding is often used to establish a person’s character, personality, or work as a brand.

<p>Personal Branding</p> Signup and view all the answers

the Kardashian/Jenner family. As their media presence was built, they defined themselves as a trendsetter and made a business out of it, such as SKIMS an undergarment line by Kim Kardashian, Good American Clothing line by Khloe Kardashian, and Kylie Cosmetics by Kylie Jenner).

<p>Personal Branding</p> Signup and view all the answers

one of the most popular branding types. It focuses on making a single product distinct and recognizable.

<p>Product branding</p> Signup and view all the answers

Symbols or designs are an essential part of product branding to help your customers identify your product easily.

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

Monster Energy drinks have distinct packaging and logos that make it easily distinguishable from Red Bull energy drinks.

<p>Product branding</p> Signup and view all the answers

A core value of a business and a philosophy that a business develops to present itself to the world and its employees.

<p>Corporate branding</p> Signup and view all the answers

Effective corporate brands often seek to display the company’s mission, personality, and core values in each point of contact

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

Nike’s core values and mission are recognizable across all their platforms and products. Nike’s mission statement is “To bring inspiration and innovation to every athlete in the world.” And its slogan, next to its famous swoosh checkmark logo is “Just do it”.

<p>Corporate branding</p> Signup and view all the answers

leverages the needs of the customer

<p>Service branding</p> Signup and view all the answers

Companies that use service branding seek to provide their customers with world-class service.

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

Chick-fil-A (one of the largest fast-food restaurant in the United States of America) is known for its excellent customer service – making it now synonymous with its brand.

<p>Service branding</p> Signup and view all the answers

form of branding that connects companies. A marketing partnership between two (2) or more businesses.

<p>Co Branding</p> Signup and view all the answers

Frito Lay and Taco Bell came together and made the Doritos Locos Taco that appealed to both audiences.

<p>Co Branding</p> Signup and view all the answers

also known as internet branding, helps businesses to position themselves as a part of the online marketplace. This type of branding includes a company’s website, social media platforms, blogs, and other online content.

<p>Online Branding</p> Signup and view all the answers

Starbucks posts their new offerings on Instagram.

<p>Online Branding</p> Signup and view all the answers

This type of branding is also known as minimalist branding. These brands are often generic brands that seek to let their products speak for themselves without all the extras many others provide their consumers with.

<p>No-brand branding</p> Signup and view all the answers

process of developing a unique identity or personality for a tourist destination, and communicating the same to visitors using a name, a tagline, a symbol, a design, or a combination of these to create a positive image.

<p>Destination Branding</p> Signup and view all the answers

It’s more fun in the Philippines using the jeepney font called “Barabara”.

<p>Destination Branding</p> Signup and view all the answers

operational document that outlines an advertising strategy that an organization will implement to generate leads and reach its target market

<p>Marketing Plan</p> Signup and view all the answers

(3) key elements to successful marketing plan.

<p>Workable, realistic, and flexible</p> Signup and view all the answers

The marketing plan has to be simple and easy to execute

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

The goal of this is to give a brief and logical presentation of the contents of the marketing plan.

<p>Executive summary</p> Signup and view all the answers

this section answers the current marketing trends in the tourism and hospitality industry.

<p>Marketing Trends</p> Signup and view all the answers

competition plays a big role in the success of a business. How a tourism establishment responds to new players in the market and new strategies of existing marketing will make an impact on the firm’s profitability.

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

the _____ factors have an impact on the marketing success of the business.

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

The external factor can cause the decline or increase of one’s business.

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

These factors may include tourism promotions done by the local/regional/national tourism office, development of airline routes and infrastructure, new tourist attractions in the area, and new convention centers

<p>Environmental factors</p> Signup and view all the answers

the marketing plan begins with an introduction to the

<p>Current situation of the company</p> Signup and view all the answers

It discusses the existing product lines, the current distribution system, and promotional strategies implemented to reach its actual sales targets.

<p>Current situation of the company</p> Signup and view all the answers

This section shall discuss the target market of the business. A brief description of the demographics and psychographics of the market segments

<p>Target Market</p> Signup and view all the answers

A discussion on new products/services to be launched, innovations, upgrading of products, and services are included in this section. This may also include (new packaging ideas, product bundles, and new product features or enhancements. )

<p>Product strategy</p> Signup and view all the answers

A review of pricing objectives, pricing strategies, and possible discounting schemes are covered in this section.

<p>Pricing strategy</p> Signup and view all the answers

Presentation of promotional tools to be used to achieve strategies are the main content of this section.

<p>Promotional mix</p> Signup and view all the answers

this is where your plans (including the logo/slogan) about the company’s branding will be discussed.

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

a numerical representation of marketing commitment. In this section, the expense items for each marketing activity, manpower requirements, capital expenditures

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

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