Assignment: Branding Characteristics
In order to increase sales and engender customer loyalty you read that it was important to establish a strong brand in the minds of the customer through integrated marketing communications. In order to establish a strong brand, it is important that the marketer address the five brand characteristics previously examined (practice this in the Learning Activity). You will apply these needed brand characteristics for a new product in this Assignment.
Scenario: You are a marketing assistant at a firm. In a 1-2 page plus title and reference page Microsoft Word document, address the following:
• Choose one of the new products asseen here. Take a screen shot and insert it into the top of a Microsoft Word document and then address the following:
• Apply and describe the brand characteristics provided in your Chapter 3 Reading on pages 56-60.
Brand Characteristics are:
1. relative advantage
2. Compatibility
3. Complexity
4. Triability
5. Observability.