Marketing Case Study: New Belgium & NASCAR
VerifiedAdded on 2019/09/26
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Case Study
AI Summary
This case study presents two distinct marketing challenges: one focusing on New Belgium Brewing's expansion and branding strategies, and the other on NASCAR's efforts to maintain its position in the face of economic downturns. For New Belgium, the analysis centers on their communication strategy evolution, the implications of their 'Brand Manifesto,' and the challenges of maintaining brand resonance across diverse geographical locations. The questions posed require students to analyze the company's decision-making process, particularly regarding messaging and media selection. The NASCAR case study delves into the brand's overall marketing strategy, its response to economic challenges, and the potential for incorporating sustainability initiatives. Students are asked to evaluate the effectiveness of NASCAR's branding, propose strategies to mitigate economic downturns, and develop a branding plan for a new regional racing series, including naming, location selection, sponsorship opportunities, and integration with existing NASCAR events. The assignment requires critical thinking, strategic planning, and a comprehensive understanding of marketing principles.
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