Packaging as a Marketing Tool
The fact that packaging has become synonymous with branding for many products is illustrated by the recent Apple iPhone introduction, in addition to the continual refining of retail-based grocery and food displays. In both cases of the Apple iPhone and the launch of any new consumer goods product, the packaging is part of the branding. The Apple iPhone's packaging is small, black and minimalist to reflect the innovation that Apple is trying to convey. Likewise, the increasing use of consumer goods packaging to reflect marketing messages and positioning is now becoming commonplace.
The factors that contribute to packaging being used as part of a branding effort include the need to first and foremost, differentiate products from competitors (Brody 2006), in addition to ensuring all information is delivered in a format that is as appealing as possible (Brody 2006).
Additional factors include the concept of stacking products to create their own displays in stores, especially in grocery stores, where shelf space is at a premium, and through incentives, manufacturers can sometimes get floor space. The use of packaging as a marketing strategy is also prevalent in the cereal isles of grocers, where cross-sell-, up-sell and unique packaging all work in conjunction with another to drive up trial and eventually customer loyalty for a given cereal type. One only needs to observe a child arguing for a cereal they have never tasted before to see the powerful connection of packaging and its integration to commercials and other advertising. The use of packaging from a marketing standpoint is increasingly being used to communicate what the benefits are to a product in entirely new ways, as is the case with Proctor & Gambles' approach of packaging the Swiffer to underscore doing a messy job (mopping floors) without the mess.
Reference:
Brody (2006). Packaging Innovation as a Marketing Tool. Food Technology. Aaron Brody. June, 2006. Accessed from the Internet on July 21, 2007 from location:
http://members.ift.org/NR/rdonlyres/2189B5E5-5744-4493-871484009FDEDED2/0/0606pack.pdf
The difference in country's economic condition makes Coca Cola to fix difference prices for the same product across different countries. 3.2: Integrating Pricing strategy with branding strategy ATC will use a unique brand position to ensure that customer accept prices fixed for its product and services, and the company will use differentiation strategy to make customer accept the prices fixed for its product. By creating a strong brand position, ATC will
The internet has given marketers a great deal of flexibility of time and message, though it must be clear that contrary to the previous assumptions there are limits to advertising ability and revenue. The tool enters the individuals home, just as direct marketing does and often offers links to direct purchase of the product advertised. Television, also enters the consumers home, and offers product information and brand exposure. Radio
Marketing Mix for Effective Marketing: The marketing mix can be considered as the most famous marketing term after it was published in 1964 in an article by Neil H. Borden. The term has become common in marketing because its elements are the fundamental, tactical components of a marketing plan. The marketing mix elements are product, price, place, and promotion which are the four major categories that guide marketing decisions. These four
Marketing Plan Introduction of the Business In 1995, Mr. David Walsh acquired the Moorilla Estate in Hobart. By 2005, the business had incorporated iconic brands such as "The Source Restaurant" and "Moo Brew" as part the suite of offerings. By 2012, the range of product offerings will have expanded further to include the exclusive "Pavilion Apartments," greater wine making capacity, the avant-garde MONA FOMA festival, and the flagship MONA private art museum. As
AFS Cape Seafood Lund's Fisheries Marr Pelagis Northern Pelagic Core Strength Trusted Advisor Low cost Price Performance Premium Quality Premium Quality Secondary Strength Packaging Known in local market Variety Known in local market Known in local market Next Strength Pricing Pricing Pricing Pricing Pricing Biggest Weakness Name Awareness Too localized Costs of selling in channels Premiums not work product Too high priced Second Weakness Distribution Qualty at times questionned Supply Chain Distribution Distribution Next Weakness Vertical markets including wildlife reserves Variety Variety Sporadic delivery Lack of service Core Competency Comparison Projected Market Growth/Market Share Objectives The following market growth and market share objectives for the company given the focus on growth in wholesale seafood
Marketing Analysis How NikeID Strengthens and Accentuates the Global Nike Brand Nike is considered the leading provider of athletic wear, shoes and equipment globally, and is perennially also listed as one of the top fifty most valuable brands in the world. Its supply chain spans over 52 nations and over 80% of its products are produced in Asian nations where product uniformity and lack of variation is essential to achieve production efficiency
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now