We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Key Concerns for Supermarkets in Ensuring the Success of Their Home Branding Strategies

essay
The whole doc is available only for registered users

A limited time offer! Get a custom sample essay written according to your requirements urgent 3h delivery guaranteed

Order Now

Since the middle of the last century, the concept of branding has become more and more influential in marketing. Brands rather than companies have turned out to be the greatest competitors in the market since consumers can easily identify them as compared to company name (Leading Edge, 2008). Due to the increasing competition in the market, companies have found it necessary to brand their products in order to have an identity in the market. Like companies, supermarkets have come up with branding strategies to create their own identity the market.  This is marketing strategy aimed marketing the supermarket. There are four critical areas where supermarkets have concentrated on to ensure their success of their home branding strategies.

The first important area is branding.  There are more and more supermarkets which are branding their product with their own brand name which identifies them in the market.  Every item time you meet with someone from shaping you can tell the supermarket one has been shopping by the carrying bags they have. These bags whether polyethylene bag or any other carries the name of the supermarket. Some supermarkets have started ordering products which have been branded with their names. For example, the giant Tesco has mobiles phones branded Tesco. (Leading Edge, 2008)

The second area is packaging. Recent branding strategies have seen some supermarket order unpacked product and later packing them in packets branded with their name. In this case the product appears like it has been produced by the supermarket. For example many supermarkets have been ordering unpacked rice from Asian counties and later repackaging it in packs which have their name. After you shop in a certain supermarket, your will be given a carrying bag to pack you things which has the super market name and log.  In packaging, supermarkets have even become more creative and pack products in quantities which   are more selling.  Since they are in close contact with consumers, they understand the selling quantities and therefore they can pack products appropriately.

The third area is labeling.  This has perhaps being the most influential branding strategy that has seen almost all products in half of their shelves bearing their name. They have been order finished unlabeled products and later labeling them with their names.  Branding is the market entry level strategy which ensures that the supermarket’s name remains in the mind of consumers (Leading Edge, 2008). Like the example we have given above, supermarket stores like Tesco have been ordering finished cell phones and later labeling them with their names.

The fourth factor is evaluation of consumer decision processes.  In this regard supermarkets have been carrying out market research data in order to evaluate the effectiveness of their branding strategies. These market-after-purchase evaluations are supposed to evaluate consumer after purchase decision to understand whether consumers are positively acknowledging the branding strategies (Leading Edge, 2008).  Consumer makes important decision after they purchase a product and their evaluations of the product are likely to determine whether they will purchase the product again or not. The evaluation of after sale consumer decision making process has helped the supermarkets to asses the effectiveness of their branding strategies

These are the four key areas in which supermarket have aggressively concentrated on in their home branding strategies.  They have been geared to ensure that home branding strategies raises the sales of the supermarket stores.

Reference:

Leading Edge (2008): Branding. Retrieved on 10th October 2008 from http://www.lead-edge.co.uk/stratmkt/branding.html

Related Topics

We can write a custom essay

According to Your Specific Requirements

Order an essay
icon
300+
Materials Daily
icon
100,000+ Subjects
2000+ Topics
icon
Free Plagiarism
Checker
icon
All Materials
are Cataloged Well

Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.

By clicking "SEND", you agree to our terms of service and privacy policy. We'll occasionally send you account related and promo emails.
Sorry, but only registered users have full access

How about getting this access
immediately?

Your Answer Is Very Helpful For Us
Thank You A Lot!

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?

Can't find What you were Looking for?

Get access to our huge, continuously updated knowledge base

The next update will be in:
14 : 59 : 59