The surprising rise and fall of Coors Light in Puerto Rico
Over 15 years a beer brand uses a local market focus to snatch leadership from global giants, but then it eventually stumbles and loses its dominant position. Though the following story focuses principally on marketing strategy and brand management, it raises other important strategy issues, including manufacturer/distributor relations and political interference. The first chapter of this story, the surprising rise of Coors Light in Puerto Rico, was chronicled in Strategy & Leadership in 2002[1]. That article is summarized in a box ‘‘How Coors Light’s local strategy beat the international Goliaths.’’ This article focuses on the strategic failures that caused the brand to tumble from its dominant position and how it could yet parlay its market leadership to new successes.
- Research Article
- 10.6841/ntut.2007.00233
- Jan 1, 2007
Recently, marketing strategies have developed greatly. The corporations depended on the price strategy in the past which is not the only way to get more consumers now. Appropriate marketing channel which makes consumers realize production service easier is a key factor of successful business. So manufacturer must by setting appropriate brand strategy and evaluating with what type of channel to entry the market and matching the proper channel strategy to improve the performance of channel. Notebook is the most popular industry in the world. In the future, the notebook is going to be combined with the function of digital audio and image ,and wimax that enhances people to own richer, various and interesting contents. Under the fast growing in notebook market and intensely competition, to gain higher benefit, manufacturers and distributors should cooperate together in order to develop brand strategy and marketing mix so as to create the brand with high performance. To Sum up, this research is expected to provide some suggestions for improving relation between brand and channel. Notebook of Taiwan is regarded as the research object. With the investigation method of the questionnaires and LISREL, we want to know the channel performance under different brand strategy by passing different channel strategy and brand equity. Main empirical findings are summarized as follows: 1.Brand strategy have effect on channel strategy and promotion strategy. 2.Channel strategy have effect on Promotion strategy. 3.Promotion strategy have effect on channel performance. To Sum up, this research is expected to provide some suggestions to Notebook industry for improving brand strategy and channel strategy.
- Research Article
- 10.29228/sobider.76441
- Jan 1, 2024
- The Journal of Social Sciences
Brand marketing is the creation and maintenance of relationships between a brand and its customers. Employing products and services as evidence of the brand's dedication allows for the endorsement of the entire brand. Product management is one of the most significant strategies that businesses implement to fulfill their goals of gaining a competitive edge, achieving client loyalty, and maximizing the benefits that their goods provide while proceeding with their commercial operations. This research focused on analyzing several aspects of product and branding management, brand marketing, and digital marketing. Also, the significance of digital technology in brand and product management was underscored. Companies must prioritize integrating digital technologies such as blockchain, metaverse, artificial intelligence, virtual reality, augmented reality, and metahuman into their product and brand management and marketing strategies. The study involved an examination of the literature on brand management and an investigation of data about the significance of technology in branding.
- Research Article
- 10.6186/ijims.2014.25.2.5
- Jul 1, 2014
- International journal of information and management sciences
This study identifies a causal relationship among storytelling marketing strategies, consumer identity, and consumer intentions toward cultural and creative brands that use digital archives for marketing Chinese calligraphy, ancient paintings and literature. We show that storytelling can affect culture identity through event marketing. Brand identity and culture identity exert positive cultural influences on consumer brand opinions. Thus, producers or marketers of cultural brands could improve consumer-brand relationships by promoting cultural stories at exhibitions associated with their brands. To attract visitors, they could arouse cultural resonance by sharing the creative ideas that inspired their unique products. Our proposed approach could impress visitors and increase their awareness of the refined products offered by cultural brands.
- Research Article
- 10.6547/tassm.2006.0002
- Nov 1, 2006
Brand is the important intangible assets for a business. Microsoft's total accounting assets is ranked 209 in America, and climbing to 2nd place after adding up the intangible assets, therefore many enterprises trying their best to build up their brand reputation. The Cheng Shin Tire is a traditional industry devoting to develop its own manufacture's brand and trying very hard to enter the global market, and was selected as one of Taiwan's top ten international brands in 2003 (ranked 5th among top ten), its own manufacturing brand brings a lot of profits to the company. The purpose of this study was to understand the key successful factors of brand shaping, expansion, and marketing strategies of the Chen Shin Tire from both practical and theoretical aspects. The findings of this study were: (1) the Cheng Shin Tire utilized a flexible policy for its brand strategy, which used ”Cheng Shin CST” as its first brand in China-the original brand in Taiwan, and used brand ”MAXXIS” in Europe and America represent its higher level brand, (2) make a connection with sports as its marketing strategies such as sponsoring many sport events to promote its brand, (3) the Cheng Shin Tire devotes to perpetual research and development to remain its dominant position in business, (4) the Cheng Shin Tire believes that they have to keep on making profits, then they will have a budget to sponsor sports and maintain the business for good. This study explores the process & excellent presentation of brand constructing & marketing about Cheng Shin, & also provides enterprises those intend extending to global market with successful experience. Sport marketing gradually thrives under the tendency of globalization, which potential gain attracting lots of companies to involve the activity step by step. Business & consumer pay their money and efforts for loved sports, & bring about the impressive sense for feeling of contest, & molding excellent brand imagination.
- Dissertation
- 10.21954/ou.ro.0000d588
- Jan 1, 2012
Using a multi-sited ethnographic case study, this thesis examines the development of rural place brands in three towns in Scotland. Engaging with the literatures on place branding and entrepreneurial governance, and the theoretical work of Pierre Bourdieu, this thesis critically examines how and why the place brands in a rural context were developed; how the places were transformed (reconstructed) through branding; the struggles and contestations within the branding process; and the perceived audiences for such developments. It is argued that whilst there are numerous similarities in the developments of the brands, there are also significant differences to that of urban place branding. This thesis thus problematises the application of theories of branding developed in urban areas to rural contexts. It is also argued that, despite the branding literature suggesting that brands promote a clear, coherent and holistic identity for place (see Kavaratzis, 2005), the development of brands in the current research has been deeply contested, and fraught with various struggles over how the brand (and the place more broadly) should be represented. This thesis thus challenges the extent to which a clear, coherent and holistic identity of the brand (and place) can be established. Finally, whilst it has been argued that place marketing and branding strategies seek to target specific audiences (as was also the case in the current research) (see Gotham, 2002), this thesis argues that in practice, this is a deeply problematic process as the audience of place brands is actually rather diverse. In sum, this thesis makes a significant contribution to our knowledge on place branding by providing an in-depth critical examination of place branding processes in a rural context, which has been all too often neglected by a dominant focus on the urban.
- Research Article
- 10.6841/ntut.2013.00146
- Jan 1, 2013
Mobile Telecommunication industry is the one of most popular industry in the world now. As the environment changes, Vietnam joined the World Trade Organization (WTO), the country's economic development, Vietnam's service sector has become the mainstream of the industrial structure, while the rise of consumerism awareness, business and consumers must re-examine their inter-relationship. Brand strategy their own advantages, their weaknesses, in order to create a brand image, customer loyalty successfully established consumer brand preference. Thus increasing the added value of the brand. Therefore, this study for the mobile phone industry in Vietnam, to explore the brand strategy, brand image Gu loyalty and brand equity, and correlation coefficient. Vietnam hanoi general mobile consumer target groups. This research has developed a brand strategy, promotion strategy, brand image, Customer Loyalty and Branhd Equity relationship and theory framework. On the basis of the analytical framework and the developed operational model via AMOS, and the data which collected from questionnaires survey in the hanoi city and hanoi County to carry out the empirical test. The most significant findings are as following: 1. There is a significant, positive correlation between Brand Image and Brand Strategy. 2. There is a significant, positive correlation between Customer Loyalty and Brand Strategy. 3. There is a significant, positive correlation between Brand Image and Customer Loyalty. 4. There is a significant, positive correlation between Brand Image and Branhd Equity. 5. There is a significant, positive correlation between Customer Loyalty and Branhd Equity. The survey takes the Exquisite Mobile Phone sales as an example to discover the relationships in different variables. Contributions of the findings are to provide business marketing strategy and managing brands.
- Book Chapter
11
- 10.1007/978-3-319-12424-7_5
- Nov 26, 2014
This chapter reconfirms the need for place marketing and place branding and reminds of the markets available to places. We point out the decision to place purchase, that is, to visit, invest or locate, is a high involvement one and guided by the Rossiter-Percy Grid, advertising messages must be believed as being true by recipients if there is to be a likelihood of purchase. Subject to the purchase motivation, the place benefits must either offer a solution to a problem or offer some form of enjoyment or even social approval. We argue that revealing and selecting a place identity should be at the base of place branding and marketing strategies. In doing so, a brand strategy is more representative of the characteristics of the place and will better align place advertising with other channels of place communication. In addition to being guided by relevant advertising and communication frameworks, we draw upon our research and relevant literature to support our arguments. The objective of our chapter is to contribute to the understanding of place identity and its role in effective place marketing and place branding strategies.
- Conference Article
- 10.2991/icssr-13.2013.136
- Jan 1, 2013
Implementation of Logistics enterprises� Brand Competition Strategy in China
- Research Article
- 10.2478/amns-2024-1531
- Jan 1, 2024
- Applied Mathematics and Nonlinear Sciences
The behavioral interaction between artificial intelligence and consumers can bring consumers multifaceted experiences, which are of great value for enterprises to improve brand management and adjust and optimize market strategies. In this paper, we construct a gray multiple linear regression model by combining the classical multiple linear regression model and gray system theory. Taking consumers as the research object, we design a questionnaire and carry out the reliability test to obtain the data related to the experience brought by behavioral interaction with consumers and the brand management and marketing strategy of enterprises. Finally, this paper takes AI and consumer behavioral interaction as the independent variable and corporate brand management and marketing strategy as the dependent variable. It carries out regression analysis to explore the influence of the independent variable on the dependent variable. The results show that: corporate brand management = 1.879 + 0.317*sensory experience + 0.283*emotional experience + 0.168*thinking experience + 0.221*personalized experience − 0.187*privacy concerns, and corporate market strategy = 1.943 + 0.285*sensory experience + 0.266*emotional experience + 0.191*thinking experience + 0.307*personalized Experience + 0.144*Privacy Concerns. The research results of this paper are of strategic significance to help enterprises understand the significance of the interaction between AI and consumer behavior, use AI to understand consumer groups, maintain good brand management, and adjust market strategies in a timely manner.
- Research Article
- 10.6841/ntut.2007.00232
- Jan 1, 2007
Mobile Telecommunication industry is the one of most popular industry in the world now. We have the advanced technology, but the supply seems much more than the demand. The next generation of mobile communications, High Speed Download Packet Access, is coming to the market, yet people haven’t completly accepted the third generation of mobile communications. Undoubtedly, we need the new technology to improve our life. However, is the development on the right way? Since the cell phone is more powerful, it’s also more complicated. At the same time, thin and light cell phone is the main stream to the current market. They don’t emphasize the function, but the shape. This concept not only brings a huge sales volume, but creates the new trend of the appearance design, even the PDA. The trend is the cell phone with the more and more exquisite appearance. Furthermore, the brand and the channel are more and more important. The reason is that people never buy a brand bag from street vendors. The brand is a certificate to luxury goods. And the shop can create some atmosphere to support it. On the basis of the analytical framework and the developed operational model, the primary data are collected through a questionnaires survey from the Exquisite Mobile Phone dealers in Taiwan to carry out the empirical test. The important findings are: 1.There is a significant, positive correlation between Brand Equity and Brand Strategy. 2.There isn’t a significant, positive correlation between Brand Equity and Channel Strategy. 3.There is a significant, positive correlation between Brand Strategy and Channel Strategy. 4.There is a significant, positive correlation between Channel Strategy and Channel Performance. 5.There is a significant, positive correlation between Brand Equity and Channel Performance 6.There is a significant, positive correlation between Brand Strategy and Channel Performance The survey takes the Exquisite Mobile Phone sales as an example to discover the relationships in different variables. Contributions of the findings are to provide business marketing strategy and managing brands.
- Book Chapter
16
- 10.4018/978-1-4666-8297-9.ch014
- Jan 1, 2015
This chapter explores the roles of corporate marketing strategies and brand management in the global retail industry, thus describing the concepts of marketing strategy, international retail marketing strategy, retail marketing mix, and internationalization; the relationship between corporate marketing strategies and internationalization; the challenges of retail marketing mix in the fashion retail industry; the overview of brand management; and the significance of brand management in the global retail industry. The implementation of corporate marketing strategies and brand management is critical for modern organizations that seek to serve suppliers and customers, increase business performance, strengthen competitiveness, and achieve continuous success in global business. Therefore, it is necessary for modern organizations to examine their corporate marketing strategies and brand management applications, create a strategic plan to regularly check their practical advancements, and rapidly respond to the corporate marketing strategies and brand management needs of customers in the global retail industry.
- Book Chapter
1
- 10.1007/978-3-319-24184-5_210
- Dec 2, 2015
Recent studies conceptualize that market orientation and brand orientation may be more than simple alternative strategic options for marketing strategy, but evolve further into a distinctive hybrid orientation that combines and integrates the two orientations. That is, although separate market orientation and brand orientation may exist, sophisticated marketing may evolve to include what has been termed a market and brand orientation hybrid (Urde, Baumgarth and Merrilees, 2011). The current paper empirically tests for such a hybrid orientation. Additionally, the paper is able to identify and quantify the mechanism by which brand orientation impacts marketing performance. The identified mechanism has its genesis in the operational implementation of the marketing strategy.
- Research Article
- 10.54254/2754-1169/48/20230441
- Dec 1, 2023
- Advances in Economics, Management and Political Sciences
In recent years Chinas luxury industry has been developing rapidly, and the market for luxury bag consumption is gradually maturing. The marketing strategy of luxury brands in the Chinese market is relevant to the development status and prospects of the brand and the industry. This paper provides an overview of the current situation of the Chinese luxury market. It analyses luxury brands marketing strategies in the bag category from four perspectives: product strategy, pricing strategy, promotional strategy, and placing strategy. The study identifies brand marketing problems within the Chinese market, including unregulated marketing practices, failed localisation, and ineffective consumer targeting. Based on these issues, the paper provides suggestions for luxury bag brands to strengthen internal management and localisation, as well as to increase the use of technology in order to keep up with the times and meet the diverse needs of consumers. Analysing the marketing strategies of luxury bag brands in the Chinese market can provide a reference for the industry and promote its development.
- Dissertation
- 10.4225/03/58980f4bc6d08
- Feb 6, 2017
Franchisee-based brand equity: the role of brand relationship management
- Research Article
3
- 10.52970/grmilf.v4i2.356
- Mar 14, 2024
- Golden Ratio of Mapping Idea and Literature Format
This study delves into the crucial role of information technology (IT) integration in marketing and branding management strategies, highlighting its significance as a pivotal element for businesses aiming to secure a competitive edge in the rapidly evolving digital landscape. In an era marked by digital transformation, the confluence of innovative IT solutions with traditional marketing and branding frameworks emerges as a strategic necessity for companies navigating the complexities of today’s marketplace. This research posits that such integration is instrumental in revolutionizing how organizations communicate with their target audiences, offering new pathways for differentiation and value creation. Exploring the paradigm shift induced by the advent of digital platforms, social media, and data analytics, the paper examines how these technologies have expanded the opportunities for businesses to engage with consumers on a more personalized and impactful level. It asserts that the digital transformation enables the harnessing of data-driven insights, thereby optimizing marketing strategies, brand positioning, and customer relationships. This integration transcends operational enhancements, dictating the long-term success and sustainability of businesses through strategic necessity. Moreover, the study addresses the dynamic and ever-evolving nature of digital technologies, emphasizing the importance of agility and innovation in exploiting new tools and platforms to maintain competitive superiority. It explores the potential of artificial intelligence, blockchain, and augmented reality in enhancing marketing effectiveness and brand appeal. However, it also acknowledges the challenges inherent in IT integration, such as data privacy, cybersecurity, and the need for continuous adaptation and employee skill development. Drawing upon theoretical frameworks and practical case studies, this research aims to provide a comprehensive analysis of the role of IT in enhancing marketing and branding strategies. It seeks to offer insights into the latest trends, challenges, and opportunities within the digital marketing landscape, facilitating a deeper understanding of how businesses can leverage technology to foster a sustainable competitive advantage. Ultimately, this paper endeavors to illuminate the strategic importance of IT integration in marketing and branding, guiding businesses towards more effective and innovative practices in the digital age.
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