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Brand Management: Strategies and Techniques for Success

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Added on  2023/01/20

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This document provides an in-depth analysis of brand management strategies and techniques, focusing on Apple's brand portfolio strategy, hierarchy management, and equity management. It also discusses the measurement and management of brand value, awareness, consumer attitudes, purchasing intent, and market share. The document offers valuable insights for anyone interested in understanding and implementing effective brand management practices.

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BRAND MANAGEMENT

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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Covered in Boucher................................................................................................................3
TASK 2............................................................................................................................................3
Organization's brand portfolio strategy..................................................................................3
Hierarchy management of brands within Apple portfolio......................................................4
Strategies used for managing the equity of brands within company portfolio.......................5
TASK 3............................................................................................................................................6
Strength of one brand that can be leveraged and weakness that need attention.....................6
TASK 4............................................................................................................................................7
Different techniques used for managing and measuring brand value, brand awareness,
consumer attitudes, purchasing intent and market share........................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Brand management refers to the activity of supervising promotion of specific brand of
products (Flint, Signori and Golicic, 2016). Brand management is planning and analysing on
how the brand is recognized and perceived in marketplace. Developing the good relationship
with target market is important for brand management. The procedure of brand management
usually includes 4 stages, such as establishing and identifying brand positioning. In short, brand
management is the process of improving, upholding and maintaining the brand so that name is
associated with better outcome. The present report is based on Apple multinational company and
its brand management system. It explains company brand portfolio strategy, hierarchy
management of brands within firm portfolio and strategies for managing equity of brands related
to in context of organization. Strength of one of the favourite brand that can be leveraged and
weakness that need attention and describe some possible suggestion and partnership and
collaborative agreements. Furthermore, it justifies different techniques used for evaluating and
managing brand value, purchasing intent, consumer attitudes, brand awareness and market share.
TASK 1
Covered in Boucher
TASK 2
Organization's brand portfolio strategy
Brand portfolio strategy is about the family of brands, its roles and responsibilities with
each other. It must deliver synergy, clarity, leverage, energy, relevance and differentiation. Apple
is the American multinational technology organization that designs, sells and develops
customer’s electronics, online services and computer software. Apple is considered as one of the
big four of technology along with Google, Amazon and Facebook. Brand architecture is one of
the best brand portfolio strategy used by company to strengthen their brand. It is the system that
helps to organize brands, services and product in order to consumer access and relate to that
brand. Organization used this model as strategy for their brand portfolio which enables clients to
form opinions and preferences for whole group of brands by learning or interacting only one
brand in that group.

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Brand architecture in the field of brand management is the structure of brands within
Apple, it is a way in which brands within firm portfolio is related to and differentiation from one
another (Greve, 2016). Company brand portfolio strategy is based on particular product and its
number of sells. It is essential brand strategy tool that defines relationship of parent brand with
their several another brands. Hybrid architecture, house of brands and branded house is the three
most popular types of brand architecture that is beneficial for company as well as business
progress and success.
Hierarchy management of brands within Apple portfolio
Brand hierarchy is summarizing branding strategy by displaying nature and number of
common and distinctive brand components across the Apple products, revealing explicit ordering
of brand elements. Brand hierarchy defines the top products along with their attractive features
and number of sell.
Apple iPhone XS max is at the top of organization brand portfolio along with different
features and good quality that attract peoples towards purchases. This iPhone have the best
screen 60% better dynamic range which must make videos and photos of peoples appear more
vivid. It improved their camera software by introducing the new smart HDP mode with zero
shutter lag which permits to capture multiple pictures.
On the other side Apple iPhone XR is at the second stage within organizational brand
portfolio, it grabs the attention of consumers the most and drive them towards buying it. This
handset notch houses the couple of attractive features like FaceID functionality and True depth
camera system.
Apple iPhone XS is number third in brand portfolio of company along with 12 Mp rear
camera and some more additional features. It comes with bundled lightning connector earbuds
which many consumers like to use and it is one of the reason that drive peoples towards it.
iPhone XS is water resistance to IP68 rating, it means consumer can slosh it about in shower or
bath without a care.
Apple iPhone X- 64 GB, is placed at fourth position within organizational brand
portfolio with first OLED screen with appropriate stunning colours, high brightness and true
blacks and 1,000,000 to 1 contrast ratio.
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Strategies used for managing the equity of brands within company portfolio
Apple used range of strategies for maintaining their equity of brands with portfolio which
is beneficial for firm as well as helps to increase profitability and productivity (Heding,
Knudtzen and Bjerre, 2015). Keller's customer based brand equity model is one of the best
system which can be used by company. This model is used for building reputation of brands in
minds of clients and continue progress of business over time. It takes shape of pyramid which is
divided into four levels such as identity, response, relationships and meaning.
Identity-
Communicating and finding out what brand is all about is the basis of brand,
management must assure that they are getting appropriate message to consumer which helps to
maintain brand equity and sustain for longer. Apple need to focuses on quality of products which
help to increase sells and make brand identity higher as compare to other brands.
Meaning-
With the general identity in market, next level is going to be to carve out the meaning of
brand that will start to build loyalty within target audience. Brand meaning is going beyond
quality of goods that company offer. Firm need to build meaning of brand around number of
various things, for example commitment to particular social causes which helps to maintain
equity of brand such as iPhone XS max.
Response-
To maintaining equity of brand within organization's portfolio, considering response is
essential for firm. Once clients makes the purchases iPhone XS max brand, what is there
response to that purchase? If those iPhoes that Apple selling for high price and cannot delivery
on quality that is expected response from consumer is not going to be positive one. In short,
company need to provide good quality along with high prices which provide good consumer
response and give satisfaction to them. If firm delivery good quality as expected to people, they
can be able to be maintaining equity of brand and strengthen brand as well.
Relationships-
It is very important to build relationship with consumer effectively for Apple to
maintaining equity of brand. It is one of the biggest challenge for company to build and maintain
brand equity, by using keller's brand equity model they can start procedure and able to take better
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decision for the same. If organization build good relationship to their consumer they can build
and garb their trust and loyalty towards them.
TASK 3
Strength of one brand that can be leveraged and weakness that need attention
Strength of iPhone XS max-
Apple iPhone XS Max is one of the most favourite brand form Apple along with different
and various attractive features (Veloutsou and Guzman, 2017). This iPhone has 12 MP rear
camera, 4 GB RAM, 7 MP front camera, Hexa core processor, 256 GB storage and 6.5 inch
Screen. Along with all the features company leverage brand successful and build good product
category by communicating valuable goods information to consumer. All above characteristics is
leverageable strength of iPhone XS max. There are a lot of another spectacular features that
make phone as all time favourite premium one. This iPhone has beautiful and big screen that
provide opportunity to consumers to see pictures and videos on wider screen. Battery life of this
iPhone is much better than another phone, it has the best and improved camera that capture vivid
images. Mobile features the huge 6.5 inch super retina OLED display. It is backed by A12 bionic
chipset which is based on 7nm architecture and has quad core CPU and six CPU cores. iPhone
XS max has the dual rear camera within 12MP primary lens with 1.8 aperture and 12 MP
secondary lens with 2.4 aperture that leverage brand successfully.
Weakness of iPhone XS Max that need more attention-
iPhone XS Max is getting weak reception or WiFi signal, WiFi issue in mobile device
occur in different symptoms which need attention and extra focus to improve it more than before.
Poor reception, no connectivity and weak Wifi signal denotes the wireless issues (Rosenbaum-
Elliott, Percy and Pervan, 2015). It is very costly for their features and due to average battery
capacity it make negative image in marketplace. Still like pervious iPhone range, weakness of
this brand that they do not have headphone jack port. It does not have figure print sensor that
might be effect on sell of this brand and it can be the reason for most of peoples avoid purchase
it.
Possible suggestion and collaborative and partnership agreements-

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Apple need to focuses on iPhone XS Max features and battery capacity that improve brand
equity and values. They need to add headphone jack port because most of the consumers expect
it as previous experiences.
A partnership agreement is one of the best way or possible suggestion for Apple to
strengthen their brand and increase sales. Apple collaborating with Microsoft apps, both
companies are working together to create the new iCloud app for Windows operating system,
Apple allows Microsoft apps to open within their brand which is quite beneficial and effective
for brand equity.
TASK 4
Different techniques used for managing and measuring brand value, brand awareness, consumer
attitudes, purchasing intent and market share
Techniques for measuring and managing-
Brand value- organization brand value is depending on their market reputation and
position (Du Preez and Bendixen, 2015). Company can measure brand value via considering of
purchasing rate which helps to define that exact rate of iPhone purchase. Brand value is today
value or net present value of earning iPhone XS max is expected to generate in future. Brand
value is measured by considering the current consumer purchase rate and defines how many
people were like to buy it as compare to another brand. Company can track loyalty, satisfaction
level of consumer and market share separately which is one of the best ways to evaluate brand
value. They can identify revenues from goods that are generated with brand.
On the other side company can be able to manage their brand value via providing quality
products and create good brand image within marketplace that help to grab the attention of
consumer and attract the new ones towards them. They can manage brand value via making the
best brand marketing strategies or plans for promoting it in market in order to attract consumer
and retain the new ones for long period of time.
Brand awareness- it refers to extent to which clients are familiar with image or qualities
of specific brand of services or products (Beverland, 2018). It is the key consideration in
advertising management and consumer behaviour. Brand awareness increased clients loyalty and
build brand equity that is beneficial for business. With the help of customer feedback company
can be able to measure brand awareness. Clients reviews is precious for Apple as helps to know
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who many people’s will like goods and purchase more than any another products. These reviews
provide information about whether consumer is dissatisfied or satisfied with brand. Survey by
email and Websites Company is able to evaluate brand awareness and improve it more than
before.
On the other hand they can manage brand awareness through with the marketing plans
which increase awareness about brand and generate profit and increase productivity.
Organization set up their websites on current social media platform such as Twitter and
Facebook that help to manage brand awareness and aware more peoples about brand.
Market share- market share is percentage of the market accounted for by particular entity.
It refers to portion of market controlled by Apple, they has huge market share in Smartphone
sector, but company has the small MS in personal computing sector. Organization can measure
their market share with the help of measuring number of buyers, larger number of buyers helps
to increase market share. But on the other side large number of sealer decrease the market share
and not appropriate for company growth. With the help conducting market research organization
can be able to measure market share and make plans for betterment.
Managing Market share is very essential for firm as it helps to increase market reputation
and position within marketplace. They can maintain market share via providing equal profit to
their buyers which helps to grow number of buyers and company will increase their sales more
than before.
Consumer attitudes- clients attitudes is the compound of customer beliefs about,
behavioural towards and feelings intentions toward some object within context of selling (Atwal
and Williams, 2017). In simple words, clients attitude defined as the feeling of unfavourableness
or favourableness that individual person has towards a product. Apple can evaluate people’s
attitudes towards product with the help of their reviews. With the help of conducting market
research management will be able to evaluate preferences and attitudes of people. They can
measure it with the support of creating application in which people will give their reviews about
goods or services of company. Market research is one of main elements used in measuring
competitors and consumer attitudes within market.
Company can maintain client’s attitudes towards their products via providing great quality
to peoples which is beneficial and profitable for them. They need to deliver more than promise in
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order to maintain customer preferences and retain with them for longer time. If organization used
positive words to describe their brands, they can be able to balanced attitudes of peoples.
Purchasing intent- purchasing intent is probability that the customer will purchase services
or products. To measure purchase intent, company marketers used predictive modelling to
contribute determine possibility of future results based on historical data. Generally, this model
uses the core set of variables that involved factors like website engagement, demographics,
interaction with marketing messages, past purchase and in business 2 business marketing, event
or webcast attendance. Marketers evaluate purchase intent via researching on clients visiting
numbers at Apple stores.
CONCLUSION
From above, it has been concluded that brand equity is one of the most essential element
for business as helps to increase sales and generate revenue. There are many stages of building
the successful brand which has been used by Apple in order to create brand image within market
and attract peoples towards them. With the help of Aaker' brand equity model company can be
able build brand successfully. By using range of strategies such as marketing plans, advertising
and launch new products company can be able to strengthen their brand equity, reinforcing etc.
on the other side to overcoming brand crisis they restructure existing technologies used in mobile
battery in order to improve it better than before. It has been summarized that iPhone XS max is
one of the most popular iPhone in organization brand portfolio along with attracting features that
can leverage brand and increase sales. Furthermore, Apple is using different techniques for
managing and measuring brand value, purchasing intent, market share and other elements which
are beneficial and useful for increasing brand equity.

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REFERENCES
Books and Journals
Atwal, G. and Williams, A., 2017. Luxury brand marketing–the experience is everything!.
In Advances in luxury brand management (pp. 43-57). Palgrave Macmillan, Cham.
Beverland, M., 2018. Brand management: Co-creating meaningful brands. Sage.
Du Preez, R. and Bendixen, M.T., 2015. The impact of internal brand management on employee
job satisfaction, brand commitment and intention to stay. International Journal of Bank
Marketing. 33(1). pp.78-91.
Flint, D.J., Signori, P. and Golicic, S.L., 2016. Brand Management Fundamentals.
In Contemporary Wine Marketing and Supply Chain Management (pp. 97-115).
Palgrave Macmillan, New York.
Greve, G., 2016. Social Media Brand Management. In Encyclopedia of E-Commerce
Development, Implementation, and Management (pp. 2109-2120). IGI Global.
Heding, T., Knudtzen, C.F. and Bjerre, M., 2015. Brand management: Research, theory and
practice. Routledge.
Kelley, L., Sheehan, K. and Jugenheimer, D.W., 2015. Advertising media planning: a brand
management approach. Routledge.
Lee, W.J., O’Cass, A. and Sok, P., 2017. Unpacking brand management superiority: Examining
the interplay of brand management capability, brand orientation and
formalisation. European Journal of Marketing. 51(1). pp.177-199.
Lee, W.J.T., O’Cass, A. and Sok, P., 2017. Unpacking brand management superiority. European
Journal of Marketing.
Osuna Ramírez, S.A., Veloutsou, C. and Morgan-Thomas, A., 2019. I hate what you love: brand
polarization and negativity towards brands as an opportunity for brand
management. Journal of Product & Brand Management.
Punjaisri, K. and Wilson, A., 2017. The role of internal branding in the delivery of employee
brand promise. In Advances in corporate branding (pp. 91-108). Palgrave Macmillan,
London.
Richard, R.E., Percy, L. and Pervan, S., 2015. Strategic Brand Management. Oxford University
Press.
Rosenbaum-Elliott, R., Percy, L. and Pervan, S., 2015. Strategic brand management. Oxford
University Press, USA.
Veloutsou, C. and Guzman, F., 2017. The evolution of brand management thinking over the last
25 years as recorded in the Journal of Product and Brand Management. Journal of
Product & Brand Management. 26(1). pp.2-12.
Zenker, S. and Braun, E., 2017. Questioning a “one size fits all” city brand: Developing a
branded house strategy for place brand management. Journal of Place Management and
Development. 10(3). pp.270-287.
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Online
4 Strategies for How to Strengthen Your Brand Equity. 2018. [Online]. Available through:
<https://businesscoaching.actioncoach.co.uk/4-strategies-for-how-to-strengthen-your-brand-
equity-2/>
Hierarchy management of Apple brand Portfolio. 2016. [Online]. Available through:
<https://www.gizbot.com/top-10-apple-mobiles/#apple-iphone-xs-max-6870>
WAYS ON HOW TO BUILD BRAND IMAGE. 2017. [Online]. Available through:
<https://www.beyondexecute.com/how-to-build-brand-image/>
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