Friday, June 14, 2019

Influences Affecting Consumers - Evaluating Basic Marketing Techniques Essay

Influences Affecting Consumers - Evaluating Basic Marketing Techniques - Essay ExampleThe marketers use the trade mark James bond theme so that the lot can actually identify the ads from the theme music itself. Stimulus generalization refers to the ability of the individuals to generalize the stimuli. This is mainly used by the smaller brands that mainly quid with me too products. This helps the marketers of the smaller brands to create association with the major brands leading to brand recall and awareness (Brown, 2009).Co-branding is being used by the marketers increasingly now eld to develop awareness and stimulate sales. At the most basic level the businesses used this approach to suggest enhancement of the present product enclosures and on a more complex and sophisticated level co-branding also used to create and position a launch a new product. One of the prime examples could be Adidas and Polar Electro. Both Adidas and Polar Electro created project fusion that integrates h eart rate, distance and speed monitoring product into the sports apparel. Apple and Nike developed Sports kit which is a receiving set system that allows shows to talk to an iPod.One of the most important changes in the world of marketing has been the proliferation of the brand extensions. Managers mainly use brand extension under the self-confidence that the brand association such as the quality, ability, status and reliability would affect the extension. One of the major advantages of brand extension is the reduction of new product launch. By launching a new product under the brand foretell of an established brand helps the marketers as the product due to the established brand name would already have high degree of association. One of the major examples of brand extension is of Bisleri. Originally Bisleri used to be delivered in one little bottle, simply recently Bisleri has shown a wave of innovations through extensions.The example above shows how Bisleri was able to add new product by using the concept of product line variation and brand extension. In this

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