One of the key marketing characteristics in the 1990s and 2000s is companies trying to gain sustainable competitive advantages through brands. Brands are one of the most invaluable assets a company has to compete efficiently and effectively against co...
One of the key marketing characteristics in the 1990s and 2000s is companies trying to gain sustainable competitive advantages through brands. Brands are one of the most invaluable assets a company has to compete efficiently and effectively against competitors. So every company endeavors to build strong brands. In the academic field, much research has been done on brands such as on brand equity and on brand extension. But there has been relatively few empirical studies done on how to build strong brands. Building strong brands can be defined is now branding. Branding is an effort to make products more meaningful to consumers. In general, branding efforts to build a strong brand can be accomplished through the initial choice of positive brand elements such as the brand name and logo, and marketing programs that forge favorable, strong and unique associations in the consumers’s mind between the brand and its attributes/benefits. And, while there was some research done on marketing communication programs to build strong brands, however, little research has been done on consumer responses to the selection and combination of specific brand elements.
This research introduces “brand prominence", a construct reflecting the conspicuousness of a brand's mark or logo on a product. Study also looks at the product knowledge and need for uniqueness.
While theories of signaling and conspicuous consumption suggest that more explicit markers facilitate communication, this research examines the utility of subtle signals. Studies demonstrate that people with more product knowledge and need for uniqueness in a particular domain prefer subtle signals because they prodvide differentiation from the mainstream. Such peoples have the necessary connoisseurship to decode the meaning of subtle signals that facilitate communication with others “in the know”.
The research approach used in this study is the survey method The subjects were 420 respondents who lived in Pusan. The data were analyzed using cross-tablation and T-test.
The results of the study are as follows.
Firstly, peoples with high-level of product knowledge and high-level of need for uniqueness choose subtle signals product. Secondly, Product attitude, Brand attitude toward of the subtle signals product was more positive than explicit signals product. Thirdly, peoples product attitude and brand attitude toward of low-levels of brand prominence with high-level of product knowledge were more more positive than peoples who have low-level of product knowledge, Finally, peoples product attitude toward of low-levels of brand prominence with high-level of need for uniqueness was more positive than peoples's product attitude who have low-level of need for uniqueness,