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Assignment Brief
Unit level 5
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Assignment title Brand Management
Section 1 will test for general understanding of branding and building brands and
Section 2 will be an assessment and evaluation of real brands, how they are managed and general overview of
approaches to valuing brands.
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Assignment
Section 1
LO1: Demonstrate an understanding of how a brand is built and managed over time.
Scenario
Imagine you work for a successful marketing firm in the City and your firm has been approached by a well-known
celebrity seeking help with developing a successful brand. The client has posed a series of questions which you have
been asked to answer in an informal report that is fully referenced.
What is a brand?
Why is branding an important marketing tool?
What does brand equity means?
How is a brand differs from a product?
What are the key elements of a strong brand?
How to manage and develop a brand over time?
What are the main challenges developing a brand?
Kindly use the marking guide to see how you can achieve pass, merit and distinction
Section 2
LO2: Analyse how brands are organised in portfolios and how brand hierarchies are built and managed
LO3: Evaluate how brands are leveraged/extended over time domestically and internationally
LO4: Evaluate techniques for measuring and managing brand value over time.
Select two popular brands amongst the top ranking brands from Interbrand’s Best Global Brands 2017
http://interbrand.com/best-brands/best-global-brands/2017/ranking/.
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Write an article for publication in the Marketing Week magazine on your selected brands.
You will also evaluate how the strength of the brands are leveraged and extended at domestic and global level
In your evaluation you will cover;
Extension approaches and strategies of both brands
Ways by which the brands are reinforced and revitalised
Collaboration and partnerships with each brand
Lastly and you will evaluate the different techniques that is used for measuring and managing brand value. You are
to cover;
Brand measurement techniques in relation to both brands
Brand equity audit and tracking techniques of the selected brands
Various approaches to valuing brands
Kindly use the marking guide to see how you can achieve pass, merit and distinction
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building and managing brand M2 Apply appropriate and
equity. validated examples within an
organisational context.
Argue Present a case for and against a proposal or statement and present
your own opinion at the end.
Contrast Look at two or more things and draw out differences. State
whether the differences are significant.
Critically evaluate Weigh arguments for and against something, assess the strength of
evidence on both sides.
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Discuss Write about the most important characteristics of something. Give
arguments for and against, look at it from a variety of
perspectives.
Explain Make it clear why something happens or why it is the way it is.
Outline Give only the main points, show only the main structure.
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Prove Present evidence in a logical structure to support an argument for
a point of view.
Summarise Draw out the main points, omitting detail and examples.
To what extent… How far is something true, or contributes to a final outcome. Also
how far is it not true? In academic writing the answer is usually
somewhere in the middle.
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