Preview

Gp Audit

Powerful Essays
Open Document
Open Document
1816 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Gp Audit
Executive summary:
This assignment is done to provide the user information on Brand Audit of GrameenPhone Ltd, the telecommunication company in Bangladesh. Telecommunication has been a booming industry during the last two decades. Gradually this industry is matching towards market saturation. So, brand audit is also become very important and complex as well. The four major players GP, Banglalink, Robi, and Airtel by name are implementing same unique and confidential branding strategies to grasp their existing customers, to extend market share and to make them unique in the market. GrameenPhone has been successful to build a superior image in comparison to the other operators. In other words, GP has a clear advantage over the competitors. GrameenPhone has some additional features in comparison to its competitors. It is playing a vital role to increase the subscribers of GrameenPhone. Another important thing is that GP users are mostly satisfied with the initial price of GP connections and handsets. Because, before GP’s introduction to the market, mobile phones were totally out of reach to the major part of the current market. Moreover, GrameenPhone subscribers are happy with the country wide network. So, GP conduct a brand audit whenever they are considering important shifts in strategic direction. Any marketing program investment like service research, development, design, trade or interactive marketing, publicity and public relations and employee training company should focus on that contribute to brand value development through customer satisfaction. Understanding customer mind-set can have important implications for marketing programs. Some important measures of the customer mind-set are: brand awareness, brand associations, brand attitudes, brand attachment and brand activity. On the other hand, besides another tools GP can use CBBE model (customer – based brand equity) to conduct their brand audit. Grameenphone also successfully maintain their brand point of

You May Also Find These Documents Helpful

  • Good Essays

    An important marketing technique mainly used is branding. Branding is the entire process involved in creating a unique name and image for a product in the consumer’s minds, and almost act’s as a business’s ‘identity’ as it creates an image for the business. A brand can be a powerful selling tool and can help achieve marketing objectives such as gaining market leadership and raising customer awareness. According to the chartered institute of marketing, the best brands create a special relationship with their customers, based on intangible qualities that evoke strong emotional responses. These might consist of a logo, a general look and feel, a tone of voice and the way the company interacts with its customers.…

    • 1389 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    The Subway Story

    • 5528 Words
    • 23 Pages

    SCDL. 2007. Concepts and strategies of brand management. Service marketing and brand management. Pune: Symbiosis center of distance learning. [CD ROM]…

    • 5528 Words
    • 23 Pages
    Satisfactory Essays
  • Best Essays

    Audit Plan- Glaxosmithkline

    • 4408 Words
    • 18 Pages

    The reasoning as to why goodwill and the valuation of intangible assets has been included is because GSK have proceeded with a number of takeovers of smaller entities, including the purchase of Stiefel Laboratories Inc (GSK’s annual report, 2009, p.99). This…

    • 4408 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Strategic Brand Management

    • 6933 Words
    • 28 Pages

    References: 1. Books referred • • • • • • • • • Keller, K.L. (2009) Brand Planning, Earticle: Shoulders of Giants Keller, K.L. (2008) Strategic Brand management: 3rd Edition. India, Dorling Kindersley Aaker, A.D. (1991) Managing Brand Equity: Capitalizing on the value of a Brand Name. USA, The Free Press. Randall, G. (2000). Branding: A Practival Guide to your Branding Strategy. UK. Kogan Page. Recommended Text Book: Strategic Brand Management, Strategy College, Sri Lanka. Kapfer. J.N. (1994) Strategic Brand Manageme. USA, The Free Press Kaputa, C. (2010) You are a Brand. Boston-London, Necolas Brealey Ghosal (2007) Tata’s Lanka Venture Eyes Tea Tourism. India Times – The Economic Times. Keller, K. (2008) Strategic Brand Management. 3rd Edition. United States, Prentice Hall.…

    • 6933 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    We are grateful to you for giving us the chance to work on this case study.…

    • 3244 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Clinical Audit

    • 719 Words
    • 3 Pages

    Audit is currently defined as a cyclical activity incorporating both systematic evaluation of the quality of clinical practice and action .The aim of audit is to establish the extent to which actual clinical practice compares with best clinical practice. Bowie etal(2012…

    • 719 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Bibliography: Printed media: 1. Kotler,P.etal.(1999).Principles of Marketing, 2nd Edition, Europe: Prentice Hall. 2. Zinkmund, W. (2000). “Business Research Methods” [6th edition].Orlando: The Dryden Press 3. Kotler P, Armstrong G, Saunder J and Wong V.(1999).“Principle of marketing’. [2nd edition]. England; prentice hall.pg 142 4. Ghauri, P and Gronhaug, K. (2005) “Research Methods in Business Studies: A practical Guide”. [3rd edition], Pearson Education Limited Online media: 5. Wiki invest,2012.Technology.(online).Available at: [http://www.wikinvest.com/industry/Technology Accessed: 19th July 2012] 6. Wikipedia, 2012.Apple Store.(online). Available at: [http://en.wikipedia.org/wiki/Apple_Store.Accessed: 19th July 2012] 7. Apple Inc.2012.About (online)Available at:[http://www.apple.com/ Accessed: 19th July 2012] 8. Marketing Minds, 2012.Apple 's branding strategy(online)Available at:[http://www.marketingminds.com.au/branding/apple_branding_strategy.html Accessed: 20th September 2012] 9. Management study guide, 2012.What is brand awareness?(online)Available at:[http://www.managementstudyguide.com/brand-awareness.htm Accessed: 20th September 2012] 10. About.com, 2012.What is branding and how important is it to your marketing strategy? (online)Available at:[http://marketing.about.com/cs/brandmktg/a/whatisbranding.htm Accessed: 20th September 2012] 11. Clarity marketing LTD,2005.Six benefits of branding.(online).pg-3,4.Available at:http://www.clarity- in-communication.com/getattachment/e69c0b29-934a-4b13-9f8f-d6a1d6274cfc/A-strong-brand.aspx Accessed: 17th October 2012) 12. Marcia Yudkin,2012.Benefits of branding(online)Available at: (http://www.namedatlast.com/branding3.htm Accessed: 17th October 2012) 13. Lynne Haley Rose, Demand Media, 2012.The advantages of branding strategy product recognition(online)Available at: [http://smallbusiness.chron.com/advantages-branding-strategy- product-recognition-24873.html Accessed: 17th October 2012]…

    • 11485 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Ing Direct

    • 681 Words
    • 3 Pages

    Basic product from a bank industry is simply providing bank service through branch or call centre, which has meet core need of their target customer. The introduction of virtual Internet banking, which has exceeded the customer expect. There were many arguments when this type of product was first introduced in 1999,that there was only a particular group were willing to use this new product. However, the customers are no spread across all age groups and different background. Product is contributing to brand and a brand is about using the marketing mix elements to create a differential position in the market. Once customers are satisfied, it will directly contribute this value- add to the brand. Therefore a good brand is the most effective way to orchestrate a firm’s marketing process for superior shareholder value.…

    • 681 Words
    • 3 Pages
    Good Essays
  • Best Essays

    and Purchasing Conference. Finland: Turku School of Economics and Business Administration Harrison, M., Hague, P., and Hague, N., (2006). Why is Business to Business Marketing Special? (whitepaper), B2B International. [online] Available: http://www.b2binternational.com/assets/whitepapers/pdf/b2b_marketing.pdf (March 28, 2011) Jobber, D., (2007). Building brand and consistency. FP Advance limited, [online] Available: http://www.fpadvance.com/media/pdf/TAO%20August%202007%20%20Building%20Brand%20&%20Consistency.pdf (April 2, 2011) Keller, K.L., (1993). Conceptualising, Measuring, and Managing Customer-Based Brand Equity. Journal of Marketing, 57(1), 1-22 Kotler, P. and Pfoertsch, W., (2007). Being known or being one of many: the need for brand management for business-to-business companies. Journal of Business and Industrial Marketing, 22, 357-362 Kotler, P. and Pfoertsh, W., (2006). B2B Brand Management. Springer Publications Ltd Kuhn, K.A., Alpertf, F. and Pope, N., (2006). An application of Keller’s brand equity model in a B2B context. Qualitative Market Research: An International Journal, 11(1), 40-58 Linder, C. et al., (2007). Understanding the role of brands in Business and Consumer Markets. Germany: Pforzheim University Low, J. and Blois, K., (2002). The evolution of generic brands in industrial markets: the challenges to owners of brand equity, Industrial Marketing Management, 33, 385-392 Lynch, J. and de Chernatory, L., (2004). The power of emotion: Brand communication in B2B markets, Brand management. Journal of Marketing Management, 11(5), 403-419 Lynch, J. and de Chernatory, L., (2007). Winning hearts and minds: B2B branding and the role of the sales person, Journal of Marketing Management, 23(1), 123-135…

    • 4005 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    Jang Brand Audit

    • 1056 Words
    • 5 Pages

    The purpose of this brand audit is to analyze the brand Jang Newspaper and determine the true personality of the newspaper. The brand audit covers the key attributes that are associated with Jang, the specific needs that the newspaper caters to and which particular the target market that it serves. Finally the audit has CBBE model that identifies the equity of the brand and certain recommendations for the brand.…

    • 1056 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Aaker David.A (1991), “Managing Brand Equity”, The Free Press, New York. ____________(1996), “ Buliding Strong Brands”, The Free Press, New York. ____________& Joachimsthaler Erich (2000), “Brand Leadership”, The Free Press, New York. Agung I.G.N (2002), “ Statisitika : Analisis Hubungan Kausal Berdasarkan Data Kategorik”, Cetakan kedua (Feb.2002), RajaGrafindo Persada, Jakarta. Assael Henry (1998),“Consumer Behavior and Marketing Action”, South-Western College Publishing, Ohio.…

    • 4699 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    Trung Nguyen Analysis

    • 15163 Words
    • 61 Pages

    In the knowledge economic age, brand is one of three assets, which is the most important to business activities (with resources and information). Nowadays, many companies are very successful to build and develop their brand by using public relation (PR) because PR has its power much different from other marketing tools. The purpose of this study is to describe how Trung Nguyen Coffee can use PR to build and develop their brand. A survey was operated in Viet Nam with 250 questionnaires sent to Trung Nguyen coffee customers. This study uses SPSS 15.0 and analysis techniques as linear regression, one – way ANOVA to analysis all collected data. The results indicate that to build and develop brand successfully, companies must build in customers’ mind a consistent image through close relationship with their customers and effective communication. This study is to help marketers of companies understand the key and plan the public relation strategies to build and develop organizations’ brand in the competitive market…

    • 15163 Words
    • 61 Pages
    Better Essays
  • Powerful Essays

    Banyan Tree

    • 3382 Words
    • 10 Pages

    This report focuses on Banyan Tree Hotels and Resorts (BTHR) who will expand their business unit to China as a destination branding. To make this expansion sustainably and effectively, the hotel has to do research about market target, trends of the residents in particular regions, the main competitors. The market analysis will help marketers to understand consumers in more details like their ability to pay, their attitude about the products, and their preference of the particular groups of consumers. Moreover, the hotel has to know their brand personality that based on human personal traits according to Aaker’s brand personality framework. Besides, knowing its personality will help the marketers understand their brand image and brand position, as well as,…

    • 3382 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Audit

    • 990 Words
    • 4 Pages

    Which of the following should an auditor do when control risk is assessed at the maximum level?…

    • 990 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    It is important for us, marketing students to study about the Impact of Brand Image knowing that branding is one of the marketing strategies used by different firms to differentiate their products from similar offerings. When a product has a unique name, appearance and image, it is easier for customers to find in a crowded marketplace. A strong brand identity can also affect consumer behaviour by building emotional connections and reinforcing buying habits.…

    • 228 Words
    • 1 Page
    Satisfactory Essays