Brand Management of Apex Shoe
Brand Management of Apex Shoe
Brand Management of Apex Shoe
of
Brand
Awareness and Brand
Image of Apex
University of Barisal
Assignment
On
Submitted To:
Nusrat Jahan
Assistant Professor
Department Of Marketing
University Of Barisal
Submitted By:
GENESIS
Department Of Marketing
University Of Barisal
Date of Submission
: June 2, 2015.
University of Barisal
Department of Marketing
Group Name: GENESIS
SL No.
Members Name
ID No.
Masrur Alvee
M-333
Alimuzzaman Ahmmed
M-337
M-351
M-371
Monir Hossen
M-373
M-389
1. Introduction
The brand awareness and distinct identity of a business are pivot element to its success.
Nowadays consumers are more informative, knowledgeable. They have more alternatives or
options than the companies. They don't really think about the importance of branding. They just
seem to go with the flow of brand names that have become common and casual with their daily
living. But the impact of a certain name, term, logo, and sign reinforces the importance of
branding when companies promote their business. For instance, Nike, one of the world's most
popular athletic shoe companies exemplified the importance of branding by the fact that when
people hear Nike, they think athletics and tag line "Just Do It." A great brand name has
catapulted Nike to the top of its industry. So, we could say that the establishment of brand
contributes a lot to a positive prospect of company, especially in the developing countries like
Bangladesh. Apex Footwear Limited (AFL), being the leading manufacturer and exporter of
leather footwear. It is the most valuable brands in the footwear business and its brand reputation
is at widespread across the country to a large extent. Although the absence of showrooms in
many areas, still many people heard of its name as a quality footwear. In other words, the
absence of Apex in certain areas does not mean the inexistence of the brand in the focal area.
such as shoes, sandals and non-footwear items, ensuring that each of our valued customer find
the product that is just right for them in Bangladesh; the relentless focus on the customer; the
trust we have built with our people, and the innovation and creativity that are the hallmarks of
our success.Apex has so much to offer, importantly its quality, variety, convenient locations,
consumers, brand image and a distribution network. Apex is no longer just offering the
functional benefit of footwear, but selling a lifestyle, allowing consumers to feel their aspirations
for a trendy fashion.
Apex strives to create an eye-catching, enriching experience that is stylish and elegant and that
provides people with ease and comfort. Apex Footwear Limited (AFL) tries to be authentic and
stand for something through innovative and committed employees at Apex across the country. It
promotes treating people with respect and dignity. Design of product and brand name both works
very actively to create value proposition from which a customer can associate with Apex. The
creative designs had played a significant role in the success of this brand. And also with the well
brand strategy has helped the products in targeted market and segmented at right customers.
developed an emotionalattachment with its customers and restoring the connections with its
customers who have with its quality, its fashion, its brand, people and with its stores.
1.5 Target Audience
Talking about the audience we are aiming to, we consider the company Apex Footwear Ltd.
thathave to deal with the brand awareness and image of its brand, are all the local footwear
brands that have to deal with branding strategies and everyone working withinternational
marketing being our primary target. The results of our analysis can beused by this specific
audience in order to have a frame of reference on which basefuture decisions.
Moreover, an academic audience such as scholars and marketing students could bealso interested
in improving their knowledge about the chosen topic. This target groupmight find our work
useful to deepen the familiarity with this topic, and use the assignment as a starting point for
further related studies.
Lastly, we wish our assignment to reach the interest of the focal company itself in order to use
anbrand awareness of Apex in Barisal.
2.Brand knowledge
A brand can be defined as "a name, term, sign, symbol, or design, or combination of them which
is intended to identify the goods and services of one seller or group of sellers and to differentiate
them from those of competitors" (Kotler 1991 p. 442). Brand knowledge can be conceptualized
as consisting of a brand node in memory to which a variety of associations are linked. According
to the Keller model of brand knowledge, we find out the relevant dimensions that distinguish
brand knowledge and affect consumer response are the awareness of the brand (in terms of brand
recall and recognition) and the favorability, strength, and uniqueness of the brand associations in
consumer memory. These dimensions are affected by other characteristics of and relationships
among the brand associations. For example, factors related to the type of brand association (such
as its level of abstraction and qualitative nature) and the congruity among brand associations,
among others, affect the favorability, strength, and uniqueness of brand associations. The
structure of brand knowledge is depicted by the picture underneath.
Brand Knowledge
Brand Awareness
Brand
Recognition
Brand Image
Brand
Recall
Types of
brand
Associatio
n
Attributes
Benefits
Strength of
brand
association
Favorability
of brand
association
Uniqueness
of brand
association
Attitudes
familiar, well-established brands (Jacoby, Syzabillo, and Busato-Schach 1977; Roselius 1971).
Finally, brand awareness affects consumer decision making by influencing the formation and
strength of brand associations in the brand image. A necessary condition for the creation of a
brand image is that a brand node has been established in memory, and the nature of that brand
node should affect how easily different kinds of information can become attached to the brand in
memory. (Keller 1993).
As the same taken, about the question relative to the cognitive perception in the customers view
after having a coffee in Starbucks, a respondent who mark very happy and very relax will
score 5, a respondent who tick happy and relax will score 4, a respondent who mark
moderate will score 3, a respondent who mark less happy and less relax will score 2 and a
respondent who choose not happy and not relax will score 1. The level of average scores used
to describe the level of respondent's attitude will be classified at the interval range. The class of
interval range was computed from the following formula:
Interval of scores = (Highest score- Lowest score)/ Number of interval
= (5-1)/5
= 0.8
Taking this route, the meaning and score range can be illustrated in the following way: If take the
evaluation to the satisfactory perspective as an example, the formula to get the score used for
the evaluation of each dimension can be obtained by the following formula:
score range
Meaning
Agreement
Cognitive perception
Satisfactory
1.00-1.80
perspective
Not agree
Very Low
perspective
Not satisfactory
1.81-2.60
Less agree
Low
Less satisfactory
2.61-3.40
Moderate
Moderate
Acceptable
3.41-4.20
Agree
High
Satisfactory
4.21-5.00
Very agree
Very High
Very satisfactory
If take the evaluation to the satisfactory perspective as an example, the formula to get the score
used for the evaluation of each dimension can be obtained by the following formula:
we decide to utilize the illustration of logos responsive different footwear brands as the cue so
that attaint to find out the percentage of people knowing about Apex.
the
focal
respondents mind,
brand.
However
especially
for
afraid
those
of
the
having
confusion
insufficient
could
occurred
recognition
to
in
Apex,
we put the picture of Apex logo aside to be of visual assistance instrument.Question No.8 and
No.9
have
two
functions.
Firstly,
it
acts
as
an
instrument
to
transit
the question aiming to have a rough investigation on the brand awareness with the
potential involvement of Apex, to the concrete and clear survey in term of brand
image
associate
with
Apex.Secondly,
these
two
questions,
especially
No.9
work
as a filter to delete the respondents who never heard of Apex. Wethinkthat the settings of filter
questions are necessary. Along with the concept of brand image, because, it is defined as
perceptions about a brand as reflected by the brand associations held in consumer memory, and
here brand associations point as some informational nodes linked to the brand node in memory
and contain the meaning of the brand for consumers. (Herzog 1963) Taking this route, we could
realize that only the respondents who know about Apex are qualified to express their opinion on
Apex
brand
image
and
brand
association.
The
filter
questions
setting
could
benefit us to make sure the informations validity and credibility. Otherwise, the
involvement of the results offered by the respondents who are ignorant to Apex
brand would disorder the trend of perception given by customers to a negative or
ambiguous direction, further would generate our analysis toward the brand awareness
and brand image fail to implement objectively.
type
of
experienceusingApex
and
these
associations
act
as
the
options
imagery
attributes
can
be
formed
directly
from
consumer's
own
experiences and contact with brand users or indirectly through the depiction of the
target market as communicated in brand advertising or by some other source of
information, like the word of mouth.(Keller 1993).
The question No.12 is cohesive with the subcategory of benefits which is under the
branch of type of brand association as well. Along with the definition embedded into
the benefits, namely what consumers think the product or service can do for them
(Keller 1993), we decide to follow the sub-classification according to underlying
motivations to which the brand relates (Park, Jaworski, and Maclnnis 1986), they are
functional benefits, experiential benefits, and symbolic benefits.
The question ranging from No.13 to No.15 depicted the column of attitude which is
another branch of type of association. During our question drafting phase, the
requirement is to achieve the congruence between the questions designed and the
concepts embedded into the column of attitude, namely consumers' overallevaluations of a brand
(Wilkie 1986). Carrying with such definition, the responsive questions designed make the
attitude serve as an instrument to value the customers benefits attained through allowing
individuals to express their self-concepts. The type of core question consistent with above
function offered by attitude is asked in the way that the extent to which customers think the
benefits attainted from the focal brand, and the rating scale is question model implied. About the
selection of benefits can be valued, we decide to follow the three classification of benefits
brought up by Zeithamlin 1988, namely functional benefits, experiential benefits, and symbolic
benefits, then use them as the objects to assess in term of customers responsive attitude.
The question No.16 is congruent with the conception embedded into the column namedtypes of
brand association. Themain purpose of setting such question is to find out what kinds of
underlying associations, hiding under Swedes mind, could link with Apex as much as possible.
The options offered for choosing are based on the basic classification of the tangible and
intangible. Concretely speaking, in the Apex case, we package the issues ofdifferent types of
customized footwear are involved and into the category of the tangible. The intangible consists
of in-store atmosphere, service, prestige, brand styleandsomeother issues, like expenditure and
social consciousness.
1. What is/are your favorite footwear when you are going for a long tour or picnic with your
friends? (Choose one or more)
number of respondents
number of respondents
21
17
10
11
9
3
2. Please name all footwear brands that you can think of whether (no matter whether it is
foreign or domestic)
number of respondents
number of respondents
21
10
11
3
Slipper
Shoes
Cades
Kitten Hills
3. Please name all footwear brands that you can use when are chilling with your friends or in
your working place (no matter whether it is foreign or domestic)
number of respondents
number of respondents
30
Apex
27
Bata
20
16
Lotto
Others
4. Please name all footwear brands that you can think of under the assumption that you are
in Barisal city (no matter whether it is foreign or domestic)
number of respondents
35
number of respondents
38
20
Apex
Bata
Lotto
15
Others
5. Please name all footwear brands that you can think of for the young generation mostly
preferable feature (no matter whether it is foreign or domestic)
number of respondents
number of respondents
21
11
10
3
Slipper
Shoes
Cades
Kitten Hills
Options
Apex
Bata
Lotto
Jennys
Cant
Recognize
Percentages
23%
23.5%
19%
16%
0%
25
23
23.5
19
20
16
15
10
5
0
Apex
Bata
Lotto
Jennys
Can't Recognize
0
7. How do you feel about this logo labeled with the green leaf under the white background?
Options
Percentages
Environmental
consciousness
13.5%
Artistic
Casual
Friendly
Creative
4.5%
1%
5.5%
3%
5.5
6
4.5
5
4
3
2
1.5
1
0
Hard to
Link
2%
Environmental
consciousness
Artistic
Casual
Friendly
50
Creative
Hard to link
50
10. In the following options, which type/types of customers do you think purchase from Apex
most?
Options
Office
lady
Business
men
Housewives
Students
Higher
salary
Medium
salary
Low
salary
Percentages
5%
8%
2.5%
8%
16%
10%
1.5%
18
16
14
12
10
8
6
4
2
0
16
10
8
5
2.5
1.5
Regularly
Occasionall
y
In festival
Never
Person
10
18
14
20
18
14
15
10
10
6
5
0
2
Now & then
Regularly
Occasionally
In festival
Never
12. What you can purchase from APEX after purchasing footwear?
Options
Wallet
Belt
Socks
Show polish
Shoe Brush
Person
16
28
15
28
30
25
20
16
15
15
10
5
0
5
Wallet
Belt
Socks
Show polish
Shoe Brush
Person
13. To what extent you are satisfied with the footwears of APEX?
Options
Very Low
Low
Medium
High
very high
Person
25
15
Person
Medium; 50%
6% 30%
Very high; 14% Low ;High;
1
4. To what extent do you have a pleasure and relaxed mood after wearing the footwear of APEX?
Options
Very Low
Low
Medium
High
very high
Person
23
20
Person
Very high; 12% Low ; 2%
Medium; 46%
High; 40%
15. To what extend do you agree with expression that Apex is more than a Pair of footwear But
an experience ?
Expression
Highly Agree
Agree
Disagree
Highly Disagree
12%
22%
Moderate
12%
28%
26%
16. In the above options, which is/are the Apex Footwear unique associations you think that
other footwear brands dont have? Please mark the code(s).
Options
Percentage
s
13%
5%
9.5%
8%
1%
5%
4.5%
6%
8%
10.5%
Percentage
18%
11%
Suitable place to do
business
7%
9%
13%
6%
7% 1% 11%
BD style
High expenditure
Environmental
consciousness
Duration
30
25
20
15
10
5
0
Duration
35
32
30
25
20
18
15
10
5
0
Male
Female
Column2
19. Degree/Position
Option
A. Student
B. Teacher
C. Doctor
D. Businessmen
E. Others
Numbe
22
10
11
Position
Student
Teacher
Doctor
Businessmen
Other
22%
44%
20%
6%
8%
A. Bellow
B. 5000-10000
C. 10000-20000
D. 20000-30000
E. Above 30000
Numbe
5000
18
10
10
Income
Bellow 5000
5000-10000
10000-20000
20000-30000
14%
36%
20%
10%
20%
Above 30000