Question: You will select two different brands in the same product category marketed to the individual consumer. The brands could be a tangible good, (e.g. razor
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You will select two different brands in the same product category marketed to the individual consumer. The brands could be a tangible good, (e.g. razor blades, soft drinks, computers, etc.) or a service (e.g. insurance, banks, etc.). No alcohol or tobacco products, please. PLEASE DO NOT USE ANY CONAGRA BRANDS.
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Make sure the brands are comparably similar. For example, if we were going to use the automobile market as a category, you can compare Ford to General Motors (both automobile manufacturers). You can compare a Jaguar to a Lexus (both luxury automobile brands). You would not compare Advil to Tylenol for children (two different products & markets). Advil could be compared to Aleve. Both are adult pain relievers.
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Base your analysis on the following identify the customer, brand equity, brand elements, brand positioning, brand portfolio; targeting, segmentation, and marketing mix.
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Identify which brand you feel is more effective and support the reasons for your decision based on branding principles.
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