Exam 3: Branding Strategy

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In the early stages of a brand's life, the marketing objective is to create

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All of the following are benefits of branding, EXCEPT

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When Jeep runs advertising showing young, urban professionals driving a luxury vehicle in the outdoors, they were engaging in lifestyle positioning.

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List the three stages of brand loyalty, giving examples of each stage to show the difference among the stages.

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A marketing strategy that stresses newness (based on a commitment to research and development) as a means of differentiating a company or a brand from competing companies and brands is called

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An innovation like a cell phone or digital camera that has an impact on society and the way we do things is a continuous innovation.

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PineSol recently ran an advertisement which demonstrated a housewife cleaning a floor using both PineSol and Mr. Clean (a competitive brand). The PineSol half of the floor was much cleaner, with less work. This illustrates

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Evaluate the role that package design plays in building a brand's image. What is the relationship between the package design and other forms of marketing communications?

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Brands are more than physical products and services. Brands express a set of values. Explain the statement using a business example, and why it is important.

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What is brand equity? Discuss a brand that you think has brand equity and illustrate how this brand equity has been achieved.

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A descriptive feature of a product is known as a(n)

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What is the difference between product differentiation positioning and brand leadership positioning? Use examples to illustrate.

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Canadian Tire has withstood incredible competitive pressure from big American retailers because it has a solid logo.

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__________ occurs when a consumer buys one brand only, postponing the purchase if the brand is not available.

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Brand loyalty is measured in three distinct stages. In order, they are

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A good package serves four functions: it __________ the product, __________ the Dove Men+Care offers convenience to consumers, and is environmentally friendly.

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The degree of consumer attachment to a particular brand is called

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The key for any brand is to be perceived as offering something

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The Nike "swoosh" is an example of a

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Decisions must be made about how to employ various brand elements to aid with brand equity.

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