Conduct the following for the brand Johnson & Johnson
§ Describe your process for conducting an informal situational analysis on the organisation you chose. What areas did you consider in your analysis?
§ Based on your situational analysis, describe the business, marketing and branding strategies.
§ Describe the alignment of the business, marketing and branding strategies. Be sure to address the following questions:
o At what points do they intersect and diverge?
o How strategic is this alignment?
o What are the dangers of not aligning these strategies?
Consult the Harvard Referencing Style Guide for proper citation and referencing information.
Measuring Brand Equity Across Products and Markets David A. Aaker hat is a stronger brand name: Kodak, American Express, Mer cedes, Ford or IBM? Why is a brand strong or weak? How do brand strength levels change over time? Why? How do brand W strengths vary by country and markets and why? Such questions are fascinating and also practical. Most businesses, if they measure brand equity at all, restrict their measures to brands in the immediate product class and market of interest. Expanding the perspective to include multi ple product classes and markets can have significant practical value in that it can enhance a firms capability to manage a portfolio of brands and markets, bench mark against the best, and develop a valid brand equity measurement system. Managing a Portfolio of Brands and Markets—Many organizations offer a number of brands across a variety of markets. If these brands are managed separately and independently or on an ad hoc basis, overall resource allocation among the brands may be less than optimal. For example, if Grand Metropoli tan, which owns a host of worldwide brands including J&B, Bailey's, Smirnoff, Pillsbury, Green Giant, Hagen-Dazs, and Burger King, does not treat its brands and their markets as a cohesive portfolio, then strategic decisions made for the benefit of individual brands might in the end hurt the company's overall performance. Good management of a portfolio of brands and markets starts with having common measures of performance. Of course, well-developed and Adapted from Building Strong brands by David A. Aaker Copyright © 1995 by David A. Aaker Reprinted by permission of The Free Press, an imprint of Simon & Schusten Inc. 102 CAUFORNIA MANAGEMENT REVIEW VO L 38. NO . 3 SPRING 1996Measuring Brand Equity Across Products and Markets accepted financial measures such as sales, cost, margins, profit, and ROA usually dominate brand objectives and performance measures. However, these measures tend to...
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