What is the role of offline vs. online ads in generating new checking customers? Is the mix right? How about the weight of where the budget is allocated?
The role of offline advertising is to build brand awareness and improve consideration among potential customers to open new checking accounts (Gupta, 2012). Changing the name of the bank to BBVA Compass resulted into drop in brand awareness to 48% in 2009. Using offline advertisement would help the company to raise its brand awareness to 53%. The bank planned to achieve this growth through sponsoring WNBA, NBA, and ESPN. Through ...
NBA Case Studies Samples For Students
4 samples of this type
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Li-Ning is a leading sportswear brand in the Mainland China and they aspire to be a world's established brand in the sports goods industry. The company has been successful in maintaining and increasing its market share in China while facing strong competition from Nike and Adidas. Direct resources to branding and product research and development for long term well being of the company.
The competitive edge of the company is maintained by its strengths such as; strong distribution channel, R&D, endorsements from major athletes and sponsoring sports events. Their biggest strength is brand loyalty and recognition in the Chinese market. These strengths ...
Li-Ning is a leading sportswear brand in the Mainland China and they aspire to be a world's established brand in the sports goods industry. The company has been immensely successful in maintaining and increasing its market share in China while facing strong competition from Nike and Adidas. The competitive edge of the company is maintained by its strengths such as; strong distribution channel, R&D, endorsements from major athletes and sponsoring sports events. Their biggest strength is brand loyalty and recognition in the Chinese market. These strengths have enabled the company to achieve a prominent and successful position in the sports wear industry in ...
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Introduction
Public relations means harnessing favorable relations and reactions for organizations and products through effective utilization of communication tools and channels (Bernays, 2004). There are numerous types of public relation strategies, but the most effective one is crisis public relations, which is used in defending organizations and individuals facing a challenge in reputation. In crisis communication, there are many strategies all with the aim of: sustaining connectivity, accessible to news media, sustain information security, and streamline communication process (Griffin, 2008). Therefore, effective communication in a crisis can vastly transform an unforeseen situation into an expected one, hence responding accordingly.
A case ...
