Singapore IKEA: Brand Analysis, IMC Strategies, and Response Models
VerifiedAdded on 2021/04/19
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AI Summary
This report provides a comprehensive analysis of IKEA's marketing management, specifically focusing on its brand presence and strategies in Singapore. The report begins with an overview of the IKEA brand, its values, and its establishment in Singapore, highlighting its focus on affordability, utility, design, quality, innovation, and sustainability. It then delves into the application of Keller's brand equity model, assessing how consumers perceive the brand. The report further explores IKEA's brand identity and the meaning it conveys to consumers, emphasizing its association with price, quality, and design. The study analyzes customer responses and brand resonance, acknowledging the importance of affordability in consumer loyalty. The report then examines IKEA's integrated marketing communication (IMC) strategies, including advertising, email marketing, social media, and message delivery, and the communication process model. Additionally, it discusses the response hierarchy model, comparing various models and emphasizing the cognitive, affective, and behavioral stages. Finally, the report addresses the importance of choosing the right communication channel for effective message delivery. References are provided to support the analysis.
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