Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Growing and sustaining brand equity
Growing and sustaining brand equity
Sustaining brand equity
Don’t take our word for it - see why 10 million students trust us with their essay needs.
The two companies that created these search engines have billions of dollars and numerous other resources at their disposal available for the research, the development and the innovation of their products or services. But even if you have all the funds in the world at your fingertips, if you have a bad brand image in the consumers eyes your brand will have extreme difficulty inserting itself in the market. So how does the public perceive these brands?
The public’s perception of these two products is very different. Most people see Google as ‘the’ search engine; people have grown up with it and its most people’s first stop when searching for something on the internet, in fact when people are unsure of something they’ll often use the expression
…show more content…
The two companies have both attempted to integrate social media in their continued attempts to one up their competitor. Google has made attempts to create its own social media site. Their attempt at social media has succeeded but only because it was forced upon people that use Google services as mentioned above it is seen as the joke of the social media world. Nevertheless Google+ is now an essential part of Google and is seamlessly integrated with all of the services and features that Google provide which overall improves the “Google experience” and now more and more people are starting to warm to it. Microsoft, instead, went on to join with an already existing and influential social media site. Bing has an exclusive partnership with social media behemoth Facebook. This different strategy favours Bing because the popularity and user base of Facebook is far greater than Google+. As a result of this exclusive alliance Bing have seen an increase in popularity as they start to profit of the Facebook population which exceeds a billion …show more content…
Bing are constantly trying to attract more consumers, this is noticeable by the amount of money that goes towards their marketing budget which stood at $100million in 2012. Bing uses 3 main marketing techniques; firstly they promote Bing via adverts for other Microsoft products like the Internet Explorer 9 advert which while demonstrating the fluidity and speed of their internet browser showed many pages of Bing searches making sure that the Bing logo is easily visible. Secondly Bing sponsors popular events and gives information and insight into the events to attract entertainment fans and improve the brand’s image by associating themselves with certain celebrities. One such event was the Sundance film festival where Bing gave its users a unique view of the festival with livestreams of the event bringing the experience to all of their users. Finally they point out the differences between their brand and Google and demonstrating their superiority either by showing their “superior” connectivity thanks to their partnership with Facebook or by directly comparing themselves to Google and demonstrating that people prefer Bing in a blind test which was re-launched for a second time as “Bing it on” and has proven more successful for Bing this time around according to their
Many would never guess that Google's search engine is actually biased toward other companies. In the article Google's Monopoly and Internet Freedom it states that, “a commerce site whose search algorithm favors products and services from Google and those from companies able to spend the most advertising on.”(Pagliery) meaning that companies are paying Google for the privilege to advertise their product. Google is looking out for the best interest of their company then the best interest of the users, making their search engine biased since their results are modified to their liking. Many people would assume that Google’s search engine is based off of the popularity of a website but if that were the case than every other search engine would be coming up with the same results. According to Pagliery, Google hires scientist to constantly tweak their search algorithms. The only reason a site would need to change their algorithms so frequently is if a newly approaching website company is struggling to get views so they pay Google to help them advertise their site. This is why it is becoming so difficult for other companies to compete with Google because if Google can choose what to put on their search engine that means they can bury other companies to the point where their views will be almost completely gone. If users had
Social media is at the core of many marketing plans for corporations in the United States and world-wide. One of these companies at the forefront of social media use is Wells Fargo Bank, N.A. (Wells Fargo). The ability to directly contact customers and potential customers in a real time online environment is crucial to the bank / customer conversation and reinforcing the company’s place in a customer’s mind as the entity that they want to do business with (Wells Fargo Bank, 2014). This case study will discuss the current status of Wells Fargo’s use of social media as a means to building their customer base. Additionally, historical information on the process of the marketing move to social media will be presented and the development of the roles that are involved in this marketing strategy will be discussed. The impacts to the public sphere and society at large will play into the discourse of the social media topic and finally, the underlying theories will be discussed as they pertain to Wells Fargo and social media.
Both of these companies are really great and they have a lot of support from their consumers but they continue to compete to see who can come out on top as the market share leader.
is different, and is not level, as the letters of the title are all on
...as not only been reliable when it arises to offering a product of the highest and excellence, nonetheless is also continually developing, adjusting, but more meaningfully revolutionizing the industry. Also, what creates Google’s invention so matchless in assessment to its challengers is the attention that it offers to consumer requirements in order to offer a consistent and difficultly substituted the product rather than concentrating on exploiting its profit with each given chance which may cooperation the quality of its search consequence its product. Having examined the company’s internal and external environment it is obvious that Google earnings care and attentions even to the smallest detail to guarantee that it will be the leading company between many other online search engines and has been able to create loyal customers that are continually growing.
Google and Apple. You know, the companies that teenagers adore, adults love, and children enjoy. Google is your best friend for homework, and their phone operating system, Android, has a plethora of apps, not to mention numerous OEM's. Apple is the company that creates high end, easy to learn products. They make you pay a premium for their products ($2,000 for a MacBook Pro, everyone!). Apple is one of the few companies that doesn't have to do anything to be cool, they just are cool. Lots of people think of Apple as the cool one, while Google is considered your best friend for homework. What about Microsoft?
Google Inc. is a company that started in 2002 and has gradually grown to become an international technology company. Google’s business is mainly focused around vital areas, like advertising, search, operating platforms and systems and platforms, hardware products and enterprise. The company produces its revenue mainly by distributing online advertising. Google also produces revenues from Motorola through selling products. The company offers its services and products in over 100 languages and in over 50 regions, territories and countries. The company assimilates various features in its search service and gives dedicated search services to aid users modify their search. Google also gives product-listing advertisements, which comprise of product information, like price, merchant information and product image without needing ad text or extra keywords.
Similarly, Microsoft has lost its edge with both search results and web-based e-mail to Google search and Gmail. Again, Microsoft was too slow to respond, and while Live Mail and Bing are now respectable products, upgrades were so long in coming that Microsoft will have to heavily invest both time and money to win back a skeptical audience. In fact, Microsoft has recently started a points program that rewards users with points redeemable for prizes if they use Bing search with an installed toolbar.
Google continues to grow and innovate. Google focuses on the user and all else will follow. Since the beginning, they have focused on providing the best user experience possible, and take great care to ensure that they will ultimately serve their customers(Google.com n.d.). In relation to market development and product development the core values “Its best to do one thing really, really well (Google.com n.d.),” fits in with these strategies. “You don’t need to be at your desk to need an answer (Google.com n.d.),” describes Goggle’s innovation to mobile platforms. “The need for information crosses all borders (Google.com n.d.).” Google company has grown and has offices in more then 60 countries, maintaining more then 180 internet domains, and serve more then half of their results to people outside of the United States, and this relates to concentrated growth strategy. “Great just isn’t good enough(Google.com n.d.).” Google continues to strive to reach for better ways of doing things, through innovation and integration, continue to improve things in unexpected ways (Google.com n.d.).
The strategy of Google seems to focus of innovation. Innovation providing superior user experience makes the user promote the application because the customer just love it. This gives rise to more usage, which in turn gives rise to more advertising revenues for Google. More and more products of Google are coming into the lifestyle of user and the strategy appears to completely dominate internet and eventually dominate desktop as well. All Google needs to do is to edit their motto related to categorization /classification of information.
Yahoo’s business vision is about creating a digital platform where users can go to one place to connect all of their interest. This method would allow the company to have a captive audience; this was designed to bring advertiser and consumers under one umbrella for products and services. While their business model is a great vision, the company will have to contend with new trends and technology as well the emergence of social media. Many of Yahoo’s users also use other means to get the information they are searching for, therefore it is for the users as much about the results rather than how they get them (Valery, 2008). In comparison, more users spend more time on Facebook rather that a search engine platform.
Why was Yahoo! more successful as a search engine than other, more technically superior search engines?
Social media in marketing is used as an apparatus that builds an identity for a brand and gives awareness that they thought they could have. It does not only respect buyers, but also customer allegiance. Social media is widely-ranged so it can be used in whatever way that best conforms to the strategy and wants of the business. In accordance to the social media marketing report of 2014, a considerable (64%) of marketers use social media for at least 6 hours or more and 41% for 11 hours or more weekly, more importantly nearly (19%) of marketers use up to 20 hours each week on Facebook, Twitter, LinkedIn, Instagram and many more. The report also showed 7 social media platforms that led in 2014 which are Facebook, Twitter, LinkedIn, Google+, Youtube, Pinterest and Instagram.
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...
The two companies we have decided to research and discuss are Google and YouTube. We would like to look into the recent merger they had and what caused these two companies to come to this decision. YouTube is a website that enables users to upload videos of places they have been, things they have done, tutorials and etc. YouTube has greatly grown since 2005 and now has millions of videos uploaded each day of various things. Google is a popular search engine that is commonly used to access information from websites all over the world.