Marketing
20th Edition
ISBN: 9780357033791
Author: Pride, William M
Publisher: South Western Educational Publishing
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Chapter 11.2, Problem 2C
Summary Introduction
Case summary:
HW is a leading chain for the world class hotels that was founded in the years 1919, they have planned for an expansion of their business by introducing new brands and also by opening new brands, that will be helpful for their hostile growth. HW has provided various types of hotels and the services for different customers based on their needs. HW always prefers starting a new brand rather than purchasing a prevailing brand, as this will be helpful for them to build features and services for the target markets.
To discuss: The branding strategy that HW utilizes and the reason for it to be appropriate.
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Plymouth Rock Assurance is an insurance company with a branding tale to tell. What started as a single Massachusetts-based auto insurance company in the early 1980s quickly grew into a group of separate companies that write and manage property and casualty insurance in various states. To streamline operations, cut costs, and better serve customers, the company undertook a rebranding process to combine three distinct auto insurance brands—Plymouth Rock, High Point, and Palisades—into one. Rather than remaking the brand overnight, the company carried out a gradual transformation that retained existing brand equity and put customers’ minds at ease. With Plymouth Rock as the parent brand and High Point and Palisades as sub-brands, the company transitioned the three into a single brand in incremental steps. What value proposition lies at the core of Plymouth Rock Assurance?)
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Plymouth Rock Assurance is an insurance company with a branding tale to tell. What started as a single Massachusetts-based auto insurance company in the early 1980s quickly grew into a group of separate companies that write and manage property and casualty insurance in various states. To streamline operations, cut costs, and better serve customers, the company undertook a rebranding process to combine three distinct auto insurance brands—Plymouth Rock, High Point, and Palisades—into one. Rather than remaking the brand overnight, the company carried out a gradual transformation that retained existing brand equity and put customers’ minds at ease. With Plymouth Rock as the parent brand and High Point and Palisades as sub-brands, the company transitioned the three into a single brand in incremental steps. After viewing the video featuring Plymouth Rock Assurance, answer the following questions:
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Chapter 11 Solutions
Marketing
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