Brand Management Report: Apple and Toyota, Brand Equity and Strategies
VerifiedAdded on 2020/07/22
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AI Summary
This report provides a comprehensive analysis of brand management, using Apple and Toyota as case studies. It explores the importance of branding as a marketing tool, examining how branding impacts business practices and influences consumer perception. The report delves into the key components of a successful brand strategy, including target audience identification, brand promise, public relations, and brand positioning, and their role in managing brand equity. Furthermore, it investigates different strategies for brand portfolio management, brand hierarchy, and the measurement of brand value. The analysis covers how brands are collaboratively managed, both domestically and globally, and evaluates various techniques for measuring brand value, providing specific organizational examples to illustrate these concepts. The report emphasizes the significance of brand image, customer loyalty, and the overall impact of branding on a company's success and market sustainability.
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