corporate image and brand management - chp2

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    IMC:

    Corporate Image and

    Brand Management

    Chapter 2 with

    Duane Weaver

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    OUTLINE

    Corporate Image Roles Consumer role

    B2B role

    Corporate role

    Promoting Desired Image

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    Components of a

    Corporate Image

    Tangibles

    Intangibles

    Goods and services Corporate, personnel, andenvironmental policies

    Retail outlets sale! Ideals and "elie#s o# corporate

    personnel

    $actories produce! Culture o# countr% and location o#compan%

    Communication media& ads,promos, literature, docs'

    (edia reports

    )ame*+ogo

    Pacaging - +a"eling

    .mplo%ees

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    Corp. Image Role -

    consumers !e"

    /ssurance o# #amiliar productse0g0 Coe!

    /ssurance o# #amiliar compan%e0g0 IB(!

    Reduction o# purchase research time

    Ps%chological rein#orcement - social

    acceptance

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    Corp. Image Role-

    B#B !e"

    Reduce #eelings o# ris

    Reduce search time

    Ps%chological rein#orcement - social

    acceptance

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    Corp. Image Role $

    corporat!ons !e" %self-!e"&

    .1tends ve consumer #eelings tonew products

    .na"les higher pricing

    .na"les increased repeat "u%ing

    .ndorses ve W030(0

    /ttracts 4ualit% emplo%ees

    Increased #inancial via"ilit% as

    raned "% anal%sts and corp0 raters

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    'romot!ng (es!red Image

    50 Image must accuratel% portra% #irm andcoincide with products and servicessold0

    20 .asier to re6en#orce or re7uvenate than it

    is to change well6esta"lishede0g0 )ew Coe vs0 Coe Classic!80 Di##icult to 9ne1t to impossi"le: to

    develop new imagesometimes divorce and*or new compan% is easier!

    ;0 Recovering #rom ve or 9"ad press:happens #ast overnight! '"uilding*re"uilding can tae %earsears Lenmore!

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    'os!t!on!ng9Jhe process o# creating a perception in the consumerMs mindregarding

    the nature o# a compan% and its products relative to the competition:Clow - Blaac, p0 ;N!

    O wa%s to achieve e##ective positioning&

    "ultural

    #ymbol

    $roduct

    "lass

    $roduct

    %ser

    $rice'uality

    (elationship

    )pplication

    %se

    "ompetitors

    )ttribute

    $*#ITI*+I+,

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    T01N234