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Review of literature on brand awareness
Research proposal brand loyalty
Research proposal brand loyalty
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Recommended: Review of literature on brand awareness
3.0 MARKETING/PROMOTIONAL PLAN OBJECTIVES
3.1 Increase Sales, Brand Awareness, and Brand Loyalty Alesia C. Studio must prioritize their objectives on increasing its sales, brand awareness, and brand loyalty. Furthermore, the company must seek to gain a greater dominance in the formalwear and silk accessories market by configuring a stronger market-penetration strategy. In order to increase more sales, Alesia C. Studio must drive out its competitors, dominate its growth markets, retain and increase its product, and increase its existing customer usage, Ms. Chaika’s regional marketing strategy may become more competitive across more geographic areas. Currently, Alesia C. Studio is only located in Buffalo Grove, Illinois. However, Alesia C. Studio has the possibility to become more successful in brand awareness if more advertising opportunities were taken advantage of. Specifically, brand awareness can be increased by
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Studio should target new customers when entering new markets. Viral marketing can help increase brand awareness as well as brand awareness. Using an internet-enabled promotional strategy would make it easier to track return on investments as well as schedule posts and advertisements to be promoted to specific market segments. In order to improve customer satisfaction and loyalty, Alesia C. Studio should identify their consumer’s before, during, and after purchase touch points. Before purchase, the company should focus on creating a more engaging social media account, becoming more involved in the community, and encouraging ratings and reviews from previous customers. During purchase, the company should emphasize the boutique, website, promotions, and staff. After purchase, Alesia C. Studio should definitely incorporate marketing, transactional, and follow up emails. As a result, the boutique would be able to target new customers, enter new markets effortlessly, increase sales, grow brand awareness, and build brand
Karolina Swietoniowska, the young, youthful, educated and passionate owner of Korra dancewear has been in business, trying to live her dream of designing dancewear clothes for the past three years. Sales have been however very slow for her, given that she had other priorities to take care of, she is now looking to improve her position as a businessman and increase her scale of business and expand and grow. Capital and experience constraints have been pulling her down and she is struggling to make her mark on the market. There are other very strong competitors in the market, functioning with very different
Cynthia also has an opportunity to expand the line of jewelry. Right now this is an area that is very strong and if it continues to grow it will help to make the company an even stronger competitor in the industry. Recently Cynthia Rose added a selection of jewelry to her showroom. The first appointment she had in the showroom with the jewelry she had 3 sales.
... fashion industry. I believe through all of their marketing tactics and great leadership they will continue to thrive. Although I am not a customer of the brand, I have found great interest in completing this product to explore and expand and broaden my fashion in the brand. The company has had consistent sales increase and if it continues to utilize its business plans wisely, I believe it will continue to increase.
The company that I chose to research for my company profile paper is on the clothing store Francesca’s. Francesca’s is a boutique like store that contains different women’s fashion trends that range from clothing, jewelry, and shoes. Francesca’s also offers specialty items and gifts that include candles, wall art, and gag gifts (Coltrin, 2010). The reason I chose Francesca’s for this project is because this store interests me. I first started shopping at this store when I was about sixteen years old. The store quickly became very popular for my friends and I as the store offered something that we had never seen before; boutique items for reasonable prices. Francesca’s is becoming increasingly popular among women of all ages that are looking for fashionable one-of-a-kind items without breaking the bank.
d) Deliver high quality, great design from emerging designers and fashion houses at an affordable price and a brand promise "Expect More, Pay Less". e) Continue to deliver basics to a wide range of brands with exceptional quality and great value in categories across the stores and online. Also, tailor product offerings to meet customer expectations as well as meeting multicultural customer demand. f) Demonstrate Corporate Social Responsibility (CSR) by helping to build a strong and safe community by being a bigger community through volunteering, giving and caring for the environment. Also, the Corporate Social Responsibility strategy revolves around wellness, which is a big shift (Bullseye View, 2015).
The proliferation of social media helps customers become more empowered and engaged in their brand interactions, while also providing them with new tools in their search, evaluation, choice and purchases of marketing offerings” (Vinerean, 2017). Therefore, it is essential that the former Genaflek employees enhance their skill set to include social media marketing tactics. They have been using more traditional marketing methods such as paper and television ads, focus groups, and press releases. RPZ will invest in an ongoing continuing education program. The program will allow employees to gain and retain the skills to become competitive in today’s market using social media concepts. RPZ will also hire a social media professional, as a consultant, who would be able to start the educational process and the continuing education program. Employees will participate in online courses to sharpen and stay on top of interpersonal, marketing and online skills. Frank Kasimov, of BusinessLenderMatch.com, says, “You can build on the traditional way of marketing and greatly increase your customer base and your company’s bottom line.” The former Genaflek employees would also have a vital role in training. They will introduce the former RPZ Social Media Analytics and new employees to systems and approaches used in traditional
· Use of social media for promotion- word of mouth and social media help to get the message across and promote the product efficiently
The business model that sets Zara apart from other clothing retailers is how rapidly the company changes stocks and releases new product lineups. The company averages 12-16 collections annually which equates to more than one lineup a month. Due to stock being limited and the rapid production Zara brings forth, their items are viewed as exclusive promoting further business. Their customers are happy knowing that their specific article of clothing is more “rare” due to only having an average of a two-week window to purchase the clothing. The company specifically targets current trends and has them in the store within 30 days. This maintains the brand’s uniqueness and relativity in fashion.
Initially, the most cost effective method for promoting (our product) will be at convenience stores such as 7-eleven, Rite Aid, or CVS. The product will be sold individually limiting the factor of risk or uncertainty for the consumer. After solid revenues have been established at the convience stores, selling this product in bulk at retail grocers, entertainment venues, airports, gyms, and club stores will be the next step to improving sustainable profitability. The opportunity is endless for distribution. The key factor is to have a steady stream of revenue with a single distribution source before flooding the market without any stable revenue.
The sign of moving products promptly from a designer’s table to the retail sales floor has swayed the whole global retail commerce and enticed rivalry. Customers value a “new look” that can be worn for this instant and assess the goods as a monetary fortune; not something that you will keep
...enture into overseas market comes with expectations as well as uncertainties due to unfamiliarity. Charles and Keith, the fashion retailer, has to understand clearly that what appeals in one market might not be accepted in the others and this is almost the same for all industries. Thus, a thorough research on cultural background has to be done before entering an unfamiliar ground.
PepsiCo understands that traditional forms of marketing like TV, Magazine, and radio are becoming outdated and the Internet is now becoming the main medium for marketing. With this PepsiCo decided to launch it’s first e...
Here, visual merchandising will be a beneficial tool in defining the exclusive identity of the brand and thereby increasing the sales and their market value. It is the appropriate time that the Indian retail industry understands and adopts the beneficial traits visual merchandising rather than the traditional practices of display of products and communication via sales personnel. The customers are trends aware and the stores on the other hand have managed to up the glamour quotient. Only a link of brand communication between the brand products and shoppers remains missing. (Pundir, 2007)
The main objective of this report is to develop and provide a sales and marketing plan for which the company will help to generate more profit and acquire more customers to patronize the product. This report will cover the period of 2016 to 2017 which will serve as guidelines that needs to follow of the employees, managers and management team to reach the desired goals and target for the company.
The first advantage of using social media in business is increasing brand awareness. Social media can help business to build their brand awareness by increasing interactions with a business brand. Brand awareness means the total percent of a target people who know the company exists and what the company offers of products or services. When the brand awareness is increased, the possibility of buying is increased. Thus, efforts should be made to make the brand a part of the consciousness of customers. For example, Coca- Cola is one of the best companies that enjoy unusual...