Strategic Brand Management: Analyzing Brexit Impact on the UK Brand

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Added on  2023/03/16

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This report examines the strategic management of the UK brand in light of Brexit, focusing on the type of Brexit deal and its potential impact on inward investments. It audits the UK brand as a destination for Foreign Direct Investment (FDI), considering factors such as trade agreements, financial services, and the free movement of people. The analysis covers the potential effects of Brexit negotiations on trade, immigration, regulations, and financial services. It concludes that while establishing FDI in the UK remains beneficial for increasing national productivity, restrictions following Brexit could lead to significant cuts, particularly in the financial services sector. Strategic brand management is highlighted as crucial for navigating these challenges and maintaining a positive brand image.
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Strategic brand
management
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Table of Contents
Introduction
Type of Brexit deal the UK will get particularly in relation to the
EU Single Market
Impact of Brexit negotiations and potential agreement on
inward investments
Audit of the UK brand as FDI
Conclusion
References
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Introduction
Strategic brand management can be described as that process
which aim to manage brand image by preparing innovative
policies.
Brand management is an essential criteria of each and every
organisations to maintain image in market scenario.
This procedure include several factors like planning,
implementing and controlling marketing programmes to mange
brand equity
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Type of Brexit deal the UK will get particularly in
relation to the EU Single Market
Brexit :- This refers to the withdrawal of UK from European
Union. Basically it is combined term with combination of
British and Exit which is use primarily at the time of withdrawal
of Britain from European Union.
Hard and soft Brexit :- It may involve hard and soft Brexit that
are explained as procedure which is utilised by media or
understand relation between UK and EU after get separated is
considered as hard Brexit.
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Impact of Brexit negotiations and potential
agreement on inward investments
Trade and immigration
Money paid to EU
Regulations
Financial services
Free movement of people
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Audit of the UK brand as FDI
It is beneficial to establish FDI in UK as it facilitate to
increase national productivity and there outcomes or wages.
Trade agreements are important because they are helpful to
motivate nations for more Foreign direct investment.
UK's financial service industries is greatest recipient of FDI
and restrictions on single passport privileges following
Brexit and It would lead to large cuts in process.
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Conclusion
Strategic brand management can be described as that process
which aim to manage brand image by preparing innovative
policies.
Brexit refers to the withdrawal of UK from European Union.
It is relevant to EU single market which described ass trade
agreement between all state members of European Union.
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References
Annie Jin, S. A., 2012. The potential of social media for luxury brand
management. Marketing Intelligence & Planning. 30(7). pp.687-699.
Baumgarth, C., Merrilees, B. and Urde, M., 2013. Brand orientation: Past,
present, and future.
Bruhn, M., Schoenmueller, V. and Schäfer, D. B., 2012. Are social media
replacing traditional media in terms of brand equity creation?.
Management Research Review. 35(9). pp.770-790.
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