MKT 304A Brand Management Report: Chocoholic's Magic Organica Launch
VerifiedAdded on 2023/01/23
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Report
AI Summary
This report provides a comprehensive brand management strategy for Chocoholic, focusing on the launch of their new organic chocolate product, Magic Organica. The report details the importance of brand creation and outlines key elements such as logo design, packaging, and a catchy slogan to attract customers. It explores the concept of brand equity, encompassing brand awareness, association, perceived quality, brand experience, preference, and loyalty. The promotional strategy includes discounts, free samples, and a customer referral program. Campaign activities will center on health and medical workshops to promote the product's natural and healthy aspects. The conclusion emphasizes the market opportunity in Australia but also the competitive challenges, advocating for innovative strategies to ensure success. References include relevant academic sources on brand management and marketing.
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