Question
the objective of this assignment is to test students' ability to measure, compare and critically analyse the brand salience and associations of two brands available
the objective of this assignment is to test students' ability to measure, compare and critically analyse the brand salience and associations of two brands available in the Australian market. It is expected that students will be able to justify the importance of brand salience and brand associations for brand managers.
To complete the assignment, you need to be familiar with the customer based brand-equity (CBBE) model . The CBBE model looks at building a brand as a sequence of steps required for successfully achieving set objectives. The first step - brand salience - ensures the identification of the brand by customers, as well as step 2 - allows for identification of relevant brand associations of the brand with a specific product class and customer need.
Details
Choose any two brands from the following FMCG product categories available in Australia:Instant coffee, Instant Noodles, Potato Chips, and Toothpaste. Choose one brand that is prominent in the marketplace and another one (same product category), which you feel Australian consumers are not very familiar with. Conducting secondary research you are expected to report on the breadth and depth of brand awareness for the chosen brands.
For any one of the brands discussed, identify the associations that you feel contribute significantly towards the brand's equity. Using secondary research, you have to construct a mind map by undertaking a 'brand associations' research task. You are expected to report on the strength, favourability and uniqueness of brand associations
Introduction
The introduction should highlight the main purpose of your report. Further, it should guide the reader/examiner on the
structure of your report.
2. Discussion
I. Brand awareness
- Theoretical discussion of the importance of brand awareness Referring to 1-2 journal articles on brand awareness (concepts relating to brand salience include brand recall, recognition, and brand familiarity), discuss the importance of measuring brand awareness
- Presentation and discussion of breadth and depth of brand awareness for chosen brands (about
- (Note: Secondary data results to be included in the appendix).
II. Brand associations
a. Discussion of the importance of brand associations . Referring to 1-2 journal articles,
discuss the rationale formeasuringbrand associations from the authors' perspective.
b. Presentation and discussion of the "brand associations" findings including mind map
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