Learning Portfolio: 2000 words 40% by 11:59pm on Friday, 4 september 2023.
VALUE DUE
Learning Portfolio: 2000 words 40% by 11:59pm on Friday, 4 september 2023.
The learning portfolio consists of two applied research tasks (each 1000 words).The portfolio should be typed in 1.5 line spacing using 12pt font and 2cm margins. It should be of no more 2000 words (excluding cover sheet, reference list and appendices). Include all data research in the appendix.
Details
Each student has to complete two research tasks as part of the portfolio.
Thefirst research taskinvolves an excursion to a local shopping centre whereby you have to apply the CBBE framework. As part of your this field trip, you will visit a range of retailers at one of your local Shopping Centres, e.g. Westfield Parramatta. Marketers build and maintain salience and achieve a strong, unique and favourable brand image through physical and digital marketing strategies. The following tasks will challenge you to critically analyse the alignment of both perspectives and provide recommendations.
1. Before the field trip,you have to consider:
* review the CBBE framework by Keller (2019), and
* how to evaluate effectiveness.
2. During the fieldtrip,you have tovisit a range of retailers, and identify:
* their brand building activities such as promotional materials, loyalty programs. In other words, you have to gather information regarding their efforts to increase salience (brand awareness), portray imagery (user group), build resonance (e.g. loyalty), etc. (See Keller CBBE framework).
* their digital marketing activities, e.g. sign up for newsletter.
3. After the fieldtrip,you have to:
* identify the digital marketing strategies (social media activities, consumer reviews and reports, forums, company websites, etc.) for your choice of retailer brands, and add the information to your field trip information, then
* analyse the effectiveness of the brand building activities of those retailer brands and provide recommendations.
Thesecond research taskinvolves an analysis of potential and existing brand communities (physical and digital). According to smile.io(https://blog.smile.io/8-best-brand-communities)"Building a great brand community can be done in 3 steps: first, you need acaptivating reason for members to join. Secondly, you need tomake it worth their time to engagewith each other and with your brand. Finally, it has to beeasy and valuable for members to share your communitywith others and help it grow." You should outline:
1. How would you address these three requirements for your chosen brand and product category;
2. The benefits of each requirement;
3. The aspects of the CBBE pyramid that are addressed by a brand community, and which aspects would you want to focus on;
4. The values these brand communities create for consumers.