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Brand Image and Product Positioning PDF

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Document Details

AdroitJadeite2449

Uploaded by AdroitJadeite2449

Cork University Business School

Tags

brand image product positioning marketing business

Summary

This document provides an overview of brand image, product positioning, and repositioning. It explains how brands create a schematic memory and how target consumers interpret product attributes and benefits. The concepts discussed are useful for understanding marketing strategies and market analysis.

Full Transcript

Brand Image • Brand image refers to the schematic memory of a brand. • Brand image encompasses target consumers interpretation of the products attributes, benefits, usage situations, users etc. Brand Image and Product Positioning • Product positioning involves creating a defined brand image re...

Brand Image • Brand image refers to the schematic memory of a brand. • Brand image encompasses target consumers interpretation of the products attributes, benefits, usage situations, users etc. Brand Image and Product Positioning • Product positioning involves creating a defined brand image relative to competition within a market segment. • Perceptual mapping: measuring and developing a product’s position. Product repositioning Product repositioning refers to a deliberate decision to significantly alter the way the market views a product. Product repositioning can involve – – – – https://www.youtube.com/watch?v=SHbbV 5x3YZc&ab_channel=robatsea2009 level of performance the feelings it evokes the situations in which it should be used who uses the product https://www.youtube.com/watch?v=owGyk VbfgUE&ab_channel=OldSpice

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