Assessment 3: Name: Rafia Syed Id:17483 (Gulshan Campus) How To Measure A Brand'S Brand Value? Brand Value
The document discusses how to measure a brand's brand value using Coca-Cola as an example. It outlines attributes like logo design, bottle shape, marketing strategies, and promoting happiness to analyze how Coca-Cola achieved a brand value of $84 billion by creating an iconic brand recognized worldwide for over 100 years.
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Assessment 3: Name: Rafia Syed Id:17483 (Gulshan Campus) How To Measure A Brand'S Brand Value? Brand Value
The document discusses how to measure a brand's brand value using Coca-Cola as an example. It outlines attributes like logo design, bottle shape, marketing strategies, and promoting happiness to analyze how Coca-Cola achieved a brand value of $84 billion by creating an iconic brand recognized worldwide for over 100 years.
We take content rights seriously. If you suspect this is your content, claim it here.
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Assessment 3
NAME: RAFIA SYED
ID:17483 (GULSHAN CAMPUS) HOW TO MEASURE A BRAND’S BRAND VALUE? Brand Value: Brand value is the viewpoints on what makes a brand good, how brands engage with customer psychology, and what the real meaning of a brand should be. My Opinion: Keeping 6 attributes in mind, to measure brand value I choose Coca Cola as a brand. Coca Cola is a beverage that people enjoy most of all. Coca Cola is the world’s most valuable and powerful brands in the world, ranking in the top ten based on strength index. Coca Cola’s brand was valued at 84 billion U.S. dollars. Coca Cola used unique marketing strategies to achieve its goals. Coca Cola’s logo is written in the Spencerian script, which differentiate it from its competitors. That make the logo memorable and unique and for more than 100 years it is imprinted in the minds of people around the world. The colors used in the Coca Cola logo are red and white, both are pulsating and simple in design, which makes the logo appealing in the eyes of youngsters. The Coca Cola bottle remains unique in its design. Coca Cola bottle was first introduced as a ‘contour bottle’ or ‘hobble-skirt’ bottle, wide from the center and slender from below. Coke was a premium product that could not be confused with some other brown cola in an identical clear glass bottle. The Coca Cola bottle had a strange but appealing shape. Coca Cola began to promote the shape as much as the logo and product. Even after plastic replaced glass as the standard means of drinking Coke in countries like the US, the company continued to promote the image of the Coke bottle as an icon, make Coca Cola timeless and more unique. The meaningful story is that Coke does not sell a drink in a bottle, it sells “happiness” in a bottle. Happiness is something that everybody wants to achieve it. Coca Cola knows how to touch people’s heart. Coke aims to sell consumers the experience and lifestyle associated with its brand. Coca Cola as a brand is clear and defined as Coca Cola’s aims to refresh the world’s mind, body, and spirit, to inspire moments of positivity and happiness and, to create value and make a difference. Coca Cola highly values making a change in individuals and societies, while at the same time letting them enjoy the great tastes of its products.
Assignment Course: Seminar in Advertising Brand: Coca-Cola Priyanka Rajoria Que1. Examine An Ad For That Brand. Is The Ad Effective? Why or Why Not? (Include Picture and Hyperlink) Ans. Coca-Cola Ad