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Short note on internet advertising
Short note on internet advertising
Marketing opportunities and challenges faced when using internet marketing
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Introduction
The internet is now an important part of the marketing sector. Using internet resources, companies can reach a larger audience than through traditional marketing, and do it faster and cheaper. Second Life, (SL) owned by Linden Lab, was founded ten years ago, and is one of the leading 3D virtual world software platforms. It provides virtual world, virtual life exploration, and real-life simulations in cyberspace. The virtual world is a web-based simulated environment for a user to participate via a virtual representation, referred as an “avatar”, who is provided with tools to view, navigate, and modify the virtual world space and participate in its virtual activities. (Second Life, 2009). SL provides a new arena for creative advertising methods and mechanisms. This report looks at the SL “virtual” marketing plan for the Vauxhall Car Company.
Phase 1 Branding & identity of Vauxhall Cars
• Background & Branding strategy
Vauxhall is owned by General Motors (GM), and is the second largest selling car brand in the UK. (MBASkool, 2008) The brand refers to ‘economy and functionality, cars for families and fleets’ (Rohrer, BBC, 2009). The main target group is the upper-middle and upper-class families in a mainly urban population. The main market segmentation is ‘families looking for affordable and reliable cars’. Vauxhall is a British heritage brand, but caters for the masses. The main competitors are Toyota, Nissan, Ford, Honda and Hyundai. (ibid).
Kotler (2001) defines a brand as a complex symbol that can convey up to six levels of meaning such as, attributes; benefits; values; culture; personality and user. The below table is to address the six levels of Vauxhall brand. It based on Coomber (2006); autoevolution (...
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...ffed by avatars. This entertainment based platform is now very popular. It provides a potent new marketing tool for a company to develop its brand in a virtual world.
This report has looked at a process of development of a virtual marketplace; the real case of the Vauxhall Car company. Each phase of the process has a specific concept of development. The company uses an integrated marketing mix, with digital, social media and traditional advertising methods. These marketing tools mix is to support its main marketing strategy. Virtual marketing is a new phenomenon. There are some interesting success stories in the virtual marketplace. It is easy to enter, and helps to build the brand, an image of being up with the times, ahead of the game. This will not succeed on its own, but it has become a growing and increasingly essential part of the integrated marketing mix.
One of the key elements of marketing is the ability to predict consumer behavior. Marketers understand that consumers behave in predictable ways. In this regard, many businesses use physical design to influence the behavior of their potential consumers. It is important to note that this approach is not limited to physical stores. Online marketers also use the same principles in web design to influence the behavior of consumers. This paper explores how Sport Chek uses the physical design of its premises to influence the behavior of its customers. The goal of the paper is to identify how Sport Chek uses its internal and externa...
In every given business, the name itself portrays different meanings. This serves as the reference point and sometimes the basis of customers on what to expect within the company. Since personality affects product image (Langmeyer & Shank, 1994), the presence of brand helps in the realization of this concept. Traditionally, brand is a symbolic manifestation of all the information connected with a company, product, or service (Nilson, 2003; Olin, 2003). A brand is typically composed of a name, logo, and other visual elements such as images, colors, and icons (Gillooley & Varley, 2001; Laforet & Saunders, 1994)). It is believed that a brand puts an impression to the consumer on what to expect to the product or service being offered (Mere, 1995). In other application, brand may be referred as trademark, which is legally appropriate term. The brand is the most powerful weapon in the market (LePla & Parker, 1999). Brands possess personality in which people associate their experience. Oftentimes, they are related to the core values the company executes.
Chevrolet has a large diversity of vehicles, as stated by Farrell & Hartline (2014), “the company has developed large trucks and vans; the Silverado, Avalanche, Colorado and the Express, full-size; midsize, compact, and sub-compact automobiles; sports cars; and even race cars” (p.406-407). Chevrolet strengths are the large diversity of vehicles under the brand name. Moreover, Chevrolet has a unique product mix, that offers an arrangement of vehicles for all different types of consumers. Additionally, Chevrolet offers these various types of vehicles at different price points, a vehicle to fit every budget.
We can analyze whether Ducati should enter the Cruise market of Harley Davidson or not by doing a SWOT analysis and the benefits Ducati will be able to attain financially in the new market.
Throughout the ages there have been many intriguing ways that businesses have portrayed their product or services for accessibility. Recently, businesses have been researching how to market the businesses product through the World Wide Web. With websites such as Facebook, Twitter, Instagram since it started becoming popular within the past 20 Years. People have started to relied on the internet heavily over the past decade, whether it would be for searching to find out information out on products or people. The number of people that use the Internet on a daily bases is "3,611,375,813" as of "June 30th 2016" (Internet Usage Statistics). That means throughout the world, companies can advertise and market to people that use a search engine by putting up ad 's on the side of any given website itself. Businesses also use branding for consumers to remember their company. Marketing specialists use methods such as colour schemes and ionic symbols to get the ad to stand out and become memorable.
test whatever it's a bad effect or not. So when it used on humans, we
Innovative, creative and consistent MultiMedia marketing strategies are now a necessary tool of trade, no longer just an add-on, rather a medium on which to compete globally, reach more customers, and build new relationships.
Companies use a collection of brand equities to represent their products in the market (Voolnes, 2012). Brand equity refers to the commercial value that is derived from the perception of consumers on any given brand name of particular products in the market as opposed to the product itself. Ataman (2003) notes that the effect to the consumer is in the brand name and not the product itself. Companies use logos, trademarks and a collection of other symbols to present this information to the customers. The use of these symbols is meant to try and capture the customer mindset so that they can be thinking about the company products at all times through the items they possess at home (Estes, Gibbert, Guest, & Mazursk, 2012). This can well be explained by use of the customer-based brand equity model that brings together the requirements for a publicly renowned brand in the market.
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
What is brand? Brand is a trade name which can distinguish from other product or service (Intellectual property office, 2013). Another meaning of the brand is to convey the promise or message to the customer (Intellectual property office, 2013). A powerful brand can lead the company to go further in the industry and it can develop the company's potential (Temporal, 2010). Therefore, brand is a signifying of the company.
Secondly, some light has been thrown on the previous researches by various authors on the similar topics by providing with a summarised form of the same. It helps in better understanding of the ongoing concepts and perceptions on the concept of brand and its importance.
Every company seeks to create its own brand - a unique and effective image. Purpose of brand is attracting and retaining customers in its market share. Branding in marketing is a complex technology, aimed at making advantageous position a brand from the competition. Facilitating the search for the necessary goods to the buyer, branding in marketing becomes more effective if the consumer product features meet market requirements. It is especially necessary to identify the goods, for a case of unprepared buyer which can not assess the competitive characteristics (for example, high-tech products). The development of technology has had a huge impact on human society. It is reflected in the fact that we are surrounded by complex technical devices that we use every day and sometimes we have no idea of how this thing is located within. Here the brand comes to help the consumer that stands out from all those product characteristics that are important to the consumer and facilitates the understanding of the product.
Branding on consumer purchase decisions. In order to comply with this a questionnaire was prepared and survey has been conducted among 100 respondents and data revealed that brands have strong influence on purchase decision.
Technologies are increasing rapidly and shaping not only the traditional marketing but internet marketing as well. That is why marketers are facing a great global competition in terms of modern marketing. Marketers should know this thing that new technologies can help them by making their work simple, so they should shift to latest technologies and some new things. Business gets success when it comes with something new and interesting. That is why marketers must change their strategies as the tradition, trend, and environment changes. When we talk about changes and technologies, we can’t forget viral marketing, which is a form of fresh marketing. Many advertisers and companies are moving towards it. (H.B Klopper, 2002)
As far as the next gen Audi S4 is concerned, the word sleek seems to have been coined for this soon to be released Audi model. Bound to hit the market in 2017, this model has quite a number of variables to ensure that the different fetishes of the vast Audi model fans are catered to their satisfaction. Without further delay, here are some of the features that one will expect when they decided to purchase this highly anticipated sedan when it is finally released to the market.