This assignment is an individual assignment.
This assignment requires you to:
- Identify a well-known branded article (product) of carbonated soft drinks available in the UK.
- Critically evaluate its market performance.
- Identify the nature and evaluate the strength of the (chosen) source brand, using appropriate and relevant brand theory.
- Conduct a brand image analysis on the source brand.
- From this, create and justify an identification brand which will become an exclusive brand, available only in Smart Buys.
- Produce an A3 picture board (in Word) of both the source (i.e. the existing manufacturer’s brand that you are going to imitate) and the identification brand.
The assignment is divided into two parts.
Part 1: Write a report proposing and justifying the new identification brand (80%).
Throughout this report you must apply marketing terms, brand concepts and relevant theory. All claims must be supported by relevant information, figures and data.
The emphasis should be on using brand theory and concepts to underpin your reasoning.
Specifically (for the report):
Incorporate the instructions below:
- Critically evaluate from a market perspective the source brand (i.e. the existing branded article that you have decided to imitate).
- Justify the identification brand that you are proposing using relevant marketing and brand theory.
- Demonstrate an understanding of brand image transfer theory.
Include material from at least six academic journal papers, as well as textbooks, to help
you with your reasoning.
Part 2: Produce an A3-sized picture board (in Word) of the source and the identification brand (20%)
This should have a title and relevant annotations which will explain the intrinsic and extrinsic attributes of each brand (the Source and the Target brands).
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