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In mid-August, our team—Kaushik Dahiwale, Abhishek Singh, Shubham Chandrakar, Yash Garud, and Shubrottam Kumar—undertook a detailed case study on Tanishq and its sub-brand Tanishq Gold Plus. We aimed to evaluate their market positioning, marketing strategies, and overall competitive landscape. Our research involved market analysis, competitive benchmarking, and consumer feedback to assess the strengths and weaknesses of both brands. Our findings revealed that Tanishq holds a strong position as a premium jewelry brand with solid customer loyalty. At the same time, Tanishq Gold Plus caters to a niche segment focused on high-purity gold. Despite effective strategies in place, Tanishq Gold Plus could benefit from increased brand visibility. We identified opportunities for growth in digital marketing and product innovation, along with threats from heightened competition and shifting consumer preferences. This project enhanced our marketing expertise by applying theoretical concepts to real-world scenarios. We developed a deeper understanding of strategic analysis, brand differentiation, and consumer engagement, equipping us with practical skills to tackle complex marketing challenges.
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Achieve Unwavering Brand Loyalty like Starbucks Even Without a Huge Marketing Budget! Consistent visuals build brand loyalty and trust. Ensure all branding materials are aligned and up-to-date. Starbucks’ consistent branding across all stores and products has built strong brand loyalty and trust worldwide, YOU CAN DO THE SAME! #BrandLoyalty #CorporateDesign #Consistency Peace, DB #BrandLoyalty #CorporateDesign #Consistency
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#Marketing often oversimplifies complex business challenges into brand problems. Nike and Starbucks illustrate this point well. While branding is undoubtedly important, these companies' issues stem from a combination of factors, including product innovation, supply chain management, and strategic decision-making Starbucks : Beyond the Brand #Starbucks' issues are not solely rooted in brand perception. While the brand has undoubtedly lost some of its original charm, the core problem lies in the deterioration of the in-store experience. Long wait times, inconsistent service, and a loss of the cozy, community-driven atmosphere have alienated customers. The brand's focus on speed and efficiency, often at the expense of quality, has further eroded its appeal. Nike : A Product and Strategy Mishap #Nike's challenges are more multifaceted. While the brand's iconic status remains intact, recent strategic missteps have impacted its performance. The shift towards a direct-to-consumer (DTC) model, coupled with a reduction in wholesale partnerships, has disrupted the supply chain and alienated key retailers. Additionally, the influence of management consultants has led to short-term decisions that prioritize efficiency over innovation. This has resulted in a decline in product quality and a loss of the brand's edge. The Illusion of Marketing Magic While creative campaigns can certainly boost brand awareness and generate buzz, they cannot compensate for fundamental flaws in product, service, or strategy. In the long run, a strong product offering and a customer-centric approach are far more important than flashy advertising. The cases of Nike and Starbucks highlight the importance of addressing underlying issues rather than relying solely on superficial brand fixes. While marketing and advertising play a vital role in shaping brand perception, they cannot mask deeper problems. By focusing on core competencies, product quality, and customer experience, brands can build lasting relationships and thrive in the long term. Mark Ritson Tom Goodwin https://lnkd.in/diZ4-jCx #Brand #Strategy #CMO #Cmoinsights #retail #Retailnews
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Corporate Brand and Image In today's innovative competitive and disruptive market,if a product does not maintain differentiation and can't graduate to a brand then it remains a commodity and only competes on the basis of price. A strong brand improves and enhances the demand by providing the benefits of Increased sales volume,premium price,lower and reduced churn rate.
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Want to boost sales for your premium spirits brand? Research shows luxury consumers crave unique unboxing experiences. Gift packs aren't just add-ons. They're essential for maintaining a high-end image. Watch my video to learn more. #LuxuryBranding #PremiumSpirits #GiftPacks
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Adaptability and patience are key to successful brand expansion. Marc Howarth shares a recent experience with Walmart, where listening to retailer feedback led to a strategic pivot. By focusing on the coastal markets instead of the Midwest, the brand aligned better with Walmart’s vision, demonstrating the importance of staying flexible while maintaining a clear strategy. Learn how patience and adaptability can open doors to growth and success. 🎥 Watch the full conversation here: https://hubs.ly/Q02PHxKK0
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Who Makes Private-Label Brands? 📦🍫 Dive into the world of private-label products and discover the key players behind these brands, their benefits, and what sets them apart. 🛍✨ Curious to learn more? Check out the Brand-Mart blog🔗
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Despite being one of the world’s biggest spirits brands, Johnnie Walker is not “eking out inches” of growth and sees plenty of potential for continued expansion, says its global brand director https://lnkd.in/eaBgCTDS
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Tatcha has tapped Ulta Beauty to expand its U.S. presence. The brand will debut online Jan. 1 before rolling out to all Ulta doors in February. The partnership is part of the brand’s efforts to bolster its foothold domestically while expanding abroad, as the brand's CEO Mary Lee explains. 📷: Tatcha #Tatcha #Ultabeauty #Beautynews #Beautypartnership
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Did you know that Starbucks’ iconic green logo almost didn’t happen? When Starbucks first started in 1971, its logo featured a brown, twin-tailed siren inspired by a 16th-century woodcut and rooted in Greek mythology. The brown color symbolized coffee’s heritage. However, as the company expanded, Howard Schultz, after acquiring the company in 1987, wanted to rebrand with a more modern and inviting image. This led to the redesign of the siren and a change in the logo color to green, symbolizing growth, freshness, and sustainability. This transformation played a key role in shaping Starbucks’ global brand identity, making it instantly recognizable and helping fuel its international expansion. The story highlights the importance of branding and how a thoughtful rebrand can propel a company to new heights. Sometimes, a bold change is exactly what’s needed to achieve global success! #BusinessTrivia #Starbucks #Branding #Rebranding #Marketing #GlobalSuccess
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