Verified Document

Marketing Product Placement Creating Brand Value And Article Review

Marketing (Product Placement) Creating Brand Value and Strength in the Consumer Market through Effective Product Placement

In a journal article written and researched by Peter Doyle (2001) entitled, "Building value-based branding strategies," the author elucidates on the importance of establishing brand value and strength and effective product placement as the foremost steps in implementing an effective marketing strategy. Analyzing through the previous experiences of large companies Xerox and Procter & Gamble, Doyle introduces the concept of "value-based strategy." Through the case studies of these two companies and integration of marketing theories and models, the author argues the point that indeed, brand value and strength and effective product placement are the most important strategies that must be adopted in marketing.

Prior to enumerating the benefits of adopting these marketing strategies to products and brands, Doyle analyzes...

He cites Sony and 3M for its innovative product offerings, Wal-Mart and Toyota for its low product cost, and Dell and American Express for its 'outstanding management' of its customers. P & G. And Xerox, and a host of other brands that have failed to introduce new products in the market, pale in comparison to the cited companies because they "have oversimplified how brands add value to the performance of a business ... Marketing has overwhelmingly focused on the importance of developing an attractive consumer proposition and establishing a relationship with the customer through consistent ... brand investment" (255).
These marketing 'mistakes' have led the author to provide suggestions that constitutes the thesis of the article. That is, formulating an effective market strategy for a product or brand, companies should look into the…

Sources used in this document:
Work cited

Doyle, P. (2001). "Building value-based branding strategies." Journal of Strategic Marketing, Vol. 9 Issue 4.
Cite this Document:
Copy Bibliography Citation

Related Documents

Marketing Response There Are Several
Words: 3792 Length: 8 Document Type: Term Paper

This is why those service providers to other businesses often stress customer results in the core industries they compete in. These customer successes show the depth of expertise in a given area. These success stories make services tangible to customers. Marketing strategies used to support this approach include the widespread use of video and interactive online materials to show the problems solved and results delivered with a service. The

Marketing Involvement Consumer Involvement Refers to the
Words: 1968 Length: 5 Document Type: Research Paper

Marketing Involvement Consumer involvement refers to the amount of time, though and energy that a consumer puts into a particular purchase decision (McNamara, 2014). This can be categorized along the emotional/rational scale. So many small purchases like impulse purchases are low involvement. At the very low involvement end of the scale is something like fries with your burger -- you might not even want them, and accept the suggestion for them almost

Marketing Report: Preliminary Overview on
Words: 984 Length: 3 Document Type: Term Paper

Since people are less apt to be attracted by excess gadgetry in the market of clothes washers and dryer, and fewer people own more than one laundry machine than own a wide array of kitchen gadgets, remaining in the high-end market sphere for this product line, barring some substantial new R&D development may be questionable. To find out what is the newest and best product lines, increasing the company's sales

Marketing Mix Ideally for a Product or
Words: 728 Length: 3 Document Type: Term Paper

Marketing Mix Ideally for a product or service to be marketable and saleable to consumers, it must have an effective marketing mix. Achieving an effective and ideal marketing mix means having a quality product, competent pricing, effective product placement, and strategic communication campaign/promotion. The absence or ineffectiveness of one element renders the marketing mix, and therefore, the product, not marketable for consumers. From this insight, what differentiates or makes a product or

Marketing Plan Mission and Business Objective Products
Words: 5830 Length: 21 Document Type: Term Paper

Marketing Plan Mission and Business Objective Products and Services Keys to Success Macro Environment Economic Value Added Cash Value Added Cash Flow Return on Investment This report is a detailed marketing plan for a new financial service company called Online Analyst, Inc. The company is a combination database management company that also specializes in the financial services markets. The company will offer a plethora of information, data and financial-based market services such as online real time market segment

Marketing and Branding a Digital World
Words: 1741 Length: 5 Document Type: Essay

Transitioning Media -- Marketing Branding a Digital World Instructions Paper Marketing refers to the social procedure through which groups and individuals get whatever they want and need via creating and exchanging produce and value with one another (Einav, 2015). Technology has strengthened key milestones in the marketing history ever since its start. The television, radio, printing press, and the internet are examples of major technological innovations that eventually changed the relationships

Sign Up for Unlimited Study Help

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