International Marketing Report: Zara's CBBE Model Analysis
VerifiedAdded on  2023/03/16
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This report provides an analysis of Zara's international marketing strategy, focusing on the Customer-Based Brand Equity (CBBE) model. The introduction highlights the importance of international marketing in today's globalized business environment, emphasizing the need for companies to adapt to various aspects such as technology and financial flows. The report then delves into Zara's application of the CBBE model, examining each stage: brand salience, brand meaning, brand response, and brand relationships. It explores how Zara builds brand awareness, creates a positive image, and fosters strong customer relationships by providing trendy clothing at reasonable prices. The analysis covers the different dimensions of the CBBE model including performance, imagery, judgments, feelings and resonance. The report concludes by emphasizing how Zara has successfully utilized the CBBE model to understand customer perceptions and enhance its profitability and productivity in the international market. The report also includes references to academic research on international marketing and brand strategy.
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