Standing out from the competition Flashcards

1
Q

what sports event was spoken about in class as brands pay millions to have their adverts shown during the breaks

A

super bowl

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2
Q

types of characters in stories

A

hero
villian
rebel
change maker

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3
Q

what is a brand

A

a name, symbol, design to differentiate from other sellers

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4
Q

what is brand salience

A

when people notice a brand and have positive associations with it

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5
Q

what is name dominance

A

when the brand is the first that comes to mind when thinking of a product eg huggies nappies

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6
Q

even if a brand has no other value, why is name dominance valuable

A

people recognise when abroad

trust worthy

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7
Q

what is brand loyalty

A

resistance to switch to another brand

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8
Q

why is brand loyalty good money wise for marketers

A

it is easier and cheaper to retain customers than to attract new noes

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9
Q

what are evangelists when it comes to marketinf

A

loyal customers who advertise on your behalf, for free

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10
Q

what is a logo

A

stylised version of the brand name

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11
Q

why are logos important

A

humans recall visuals better than text

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12
Q

examples of types of stories

A

heritage
contemporary
folklore
vision

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13
Q

examples of ads where the supplier is the hero

A

aldi
lidl
supervalu
local farmers

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14
Q

examples of companies where the employees are the herso

A

ikea

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15
Q

example of companies where the founder is the hero

A

guinness

arthurs day

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16
Q

what do heritage stories often entail

A

detail on how the brand came to be and why is has certain qualities

17
Q

what do contemporary stories usually entail

A

the suite of stories brands tell today

communicate brand promise, innovation etc

18
Q

what do folklore stories often entail

A

stories told about a brand by others that organically nuture the culture and sub cultures around a brand

19
Q

examples of folklore stories

A

oral histories, popular beliefs, customs, parodies

20
Q

example of nike’s heritage story

A

was founded by Phil Knight and his University of Oregon track coach Bill Bowerman, thus setting the tone that Nike is a
“For Athletes, By Athletes” brand.

21
Q

example of folklore stories

A

Tiffany celebrates true love stories on its website,