100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Summary items Brand & Product Management

Rating
-
Sold
4
Pages
13
Uploaded on
13-12-2014
Written in
2014/2015

Abstract all papers for the BPM of Marketing Master.

Institution
Module










Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Study
Module

Document information

Uploaded on
December 13, 2014
Number of pages
13
Written in
2014/2015
Type
Summary

Content preview

LEAD ARTICLE COURSE – Brands & Branding Keller
At their most basic level, brands serve as markers for the offerings of a firm.
Brands reflect the complete experience that customers have with products.

Brand positioning sets the direction of marketing activities and programs. Brand
positioning involves establishing key brand associations in the minds of
customers to differentiate and establish competitive superiority.
 Brand intangibles: aspects of brand image that do not involve physical
attributes or benefits
 Brand personality: sincerity, excitement, competence, sophistication and
ruggedness
 Brand relationships: self-concept, commitment, behavioural
interdependence, love/passion, intimacy and brand-partner quality
 Brand experience: sense, feel, think, act, relate
 Corporate image and reputation

,Lecture 1
The impact of product name on dieters’ and nondieters’ food evaluations
and consumption
This research studies altering a name of a food item on dieters’ and nondieters’
evaluations of its healthfulness and taste. In four studies we show that when a
food item is assigned a relatively healthy name (e.g., salad), dieting tendency
does not affect health or taste perceptions; when the identical item (e.g., an item
with the same ingredients, appearance, portion size) is assigned a relatively un-
healthy name (e.g., pasta), however, dieters perceive the item to be less healthful
and less tasty than do nondieters. These evaluations, in turn, affect consumption.




The results of four studies show that when foods are assigned unhealthy names,
dieters rate these items as lower in perceived healthfulness than do nondieters.
Identical items that are assigned healthier product names are perceived as
equally healthful by dieters and nondieters. These differences in food
evaluations between dieters and nondieters are attributed to dieters’ reliance on
food-related cues and learned associations, particularly those related to foods’
unhealthfulness, as well as nondieters’ apparent immunity to health-related
signals conveyed by the name of the food item. This results in an increased
tendency to engage in heuristic processing when evaluating foods for dieters,
compared to nondieters.

Further, we found in our studies that dieters pay more attention to cues related
to foods’ unhealthfulness, rather than healthfulness: when a food item was
given a relatively unhealthy product name (i.e., pasta, candy chews) there was
a significant decrease in the perceived healthfulness of the food item as dieting
tendency increased; however, when the food item was given a relatively
healthy product name (i.e., salad, fruit chews), dieting tendency did not have a
significant effect on perceived healthfulness of the food item.

, An anchoring and adjustment model of purchase quantity decisions
If the price justifies stockpiling, a consumer will make an upward adjustment
from the small anchor; this adjustment, however, will not eliminate the impact
of the starting anchor value. Because of this, retailers might be able to increase
sales by using anchor-based promotions to present consumers with a larger
than normal purchase quantity. In effect, these large anchors supplant the
smaller ones. When considering how many units to buy, a consumer will make
an insufficient downward adjustment from this large anchor. This leads to
larger purchase quantities.

POP = point of purchase

Default anchors ("How many units do you usually buy?") and expansion anchors
C'Think of al! the different ways you could consume this product over the next two
weeks")—influence purchase intentions and effectively nullify any impact of
contemporaneously presented external POP anchors.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
sebapao Rijksuniversiteit Groningen
Follow You need to be logged in order to follow users or courses
Sold
76
Member since
12 year
Number of followers
61
Documents
18
Last sold
1 year ago

2.9

10 reviews

5
1
4
4
3
0
2
3
1
2

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Frequently asked questions