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The IUP Journal of Brand Management
September ' 05
Focus Areas
  • Brand Equity
  • Brand Image
  • Brand Extension
  • Brand valuation
  • Brand Associations
Articles
   
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Exploring the Concept of Retro Branding
Perceptual Dimensions of Brand: A Study with Reference to Mobile Users
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Unmanageable Tourism Destination Brands?
-- Bodil Stilling Blichfeldt

Increasingly researchers and practitioners adopt branding to build and manage tourism destination images. However, we have yet to ask the question: Is it possible to build and/or manage destination brands? This crucial question is addressed by means of: (1) Recourse to the origins of branding; (2) explication of fundamental differences between such origins and destinations; and (3) exemplification by means of resident-tourist interactions. This paper reflects that destination brands may not be manageable at allor at least, destination brands are so distinct from consumer brands that specific elements of destination brands are unmanageable to an extent hence suspecting much of the established "destination branding" knowledge. Consequently, the paper discusses what branding/brand management can(not) do for destination image building and management.

A Brand Building Literature Review
-- Francisco Guzmàn

Building strong brands realizes right away how crucial a brand identity is in today's competitive world. The competition is not only changing fundamental ideas about customers, relationships, brands etc., but also, is triggering the need for new brand building strategies. Over the last two decades, researchers, academicians and marketers have made enormous effort in the brand building research. This article surveys the literature on brand building done by the brand gurus.

Exploring the Concept of Retro Branding
-- C S V Ratna

Consumers tend to be receptive to familiar things to which they have experienced sometime in the past. They feel nostalgic when old brands are revived and thus are more receptive and more likely to purchase revived brands. Retro branding which means revival of old brands, hopes to cash in on the nostalgia and fin-de-siecle effect associated with them. This paper tries to understand the various concepts associated with retro branding, its popularity and the reason why companies go for retro branding (discussed through various examples in India over the past few years). Through examples like Volkswagen, Beetle and Star Wars, the concept as discussed by prominent researchers in the field like, Brown, Sherry Jr., and Kozinets, is highlighted and explored. The paper also explores the linkage between cult brands and retro branding.

Article Price : Rs.50

Perceptual Dimensions of Brand: A Study with Reference to Mobile Users
-- R Shanthi

Consumers may rely on certain signals when judging product performance. Attributes such as brand name, price and warranty may be interpreted as signals of product quality. Many do presume quality of product depending upon the brand name. In this paper, the perceived values of the brand from the customers' point of view are measured using five point Likert Scale. The paper also attempts to measure the awareness and loyalty level towards the brands.

Article Price : Rs.50

Beetle: The Birth, Growth, Death and Revival of a Cult Brand
-- A Neela Radhika

"No other auto in history has changed so little and lasted so long."

-Thomas Karig, Volkswagen Spokesperson, Puebla (Mexico), in July 2003

"It is a certain type of person who drives a Beetle. All people who have Beetles are very open to ideas; they love life."

-George Memetov, Founder of Classic Beetle Club in Minsk (Belarus), in July 2003

"One thing is sure: The Beetle never will disappear from the roads of our planet and, above all, it never will disappear from the hearts of millions of people all over the world."

-Mattia Zamana, an Italian fan of Beetle, in July 2003

What according to you is the role of branding in services? What are the challenges in branding of a financial product like insurance?

-- Ram Kiran

Branding plays a major role in creating a product identity. Branding to an extent explains the features of the product which proves to be effective in the insurance sector. As services are intangible, it is extremely difficult to encapsulate and communicate the core issues are intangible, it is extremely difficult to encapsulate and communicate the core issues involved. Branding, to a great extent, also helps in creating uniformity of services. As every product offered by us caters to different requirements of the customers, we have given individual names to our products which very few players in the markets have done.

Life Would be a Lot Easier if we were a Kit Kat: Practitioners' Views on the Challenges of Branding Financial Services Successfully

Products today have utilized brand names effectively to differentiate themselves. Branding has a unique role to play in case of services as well. Though the principles of branding remain the same in services and products, yet there are some challenges in branding of services, especially financial services. This paper discusses the need to establish financial service brands. It also discusses the challenges in establishing a financial service brand in the retail sector.

This is a research summary of an article published in Journal of Brand Management in September 2004 by James Delvin and Sarwar Azhar from Nottingham University.

Defending the Brand: Aggressive Strategies for Protecting Your Brand in the Online Arena
-- Brian H Murray

Information Technology has seen a huge growth in the last decade. Internet has connected people and facilitated massive amounts of information exchange. It has transformed the rules and opportunities in the global business. However, this boom in Internet and convergence has come with its own dangers and challenges. It has exposed the companies to new kinds of risks and perils. Many large brands and organizations are being exploited by illegal and unethical web offenders. The damage can be in the form of unwanted brand associations, product piracy, unauthenticated views and many other forms of online brand abuse. This book "Defending the Brand" discusses the different forms of web crimes and how they affect the brand image. It also suggests many strategies that can be adopted by companies to protect and defend their brands from such misuse. With the help of many real-life cases and examples, the book provides invaluable information and guidance to defend the organization's one of the most valuable assetsthe Brand.

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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