5-IAJDR- Vol.2, No.1, July- December, 2013 - Competitive Brand

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    International Academic Journal of Development Research (IAJDR)Vol.2, No.1, July - December, 2013

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    International Academic

    Journal of Development

    Research (IAJDR)

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    EDITORIAL BOARD

    Editorin - Chief

    H. E. Prof. (Dr). Mik Saphanaret

    National University of Management, Cambodia

    Universidad Empresarial de Costa Rica, Costa Rica

    Assistant and Members

    Prof. (Dr.) Chhiv Thet

    Passtra University of Cambodia, Cambodia

    Prof. (Dr.) Sao Lim Houth

    Angkor University, Cambodia

    Prof. (Dr. h.c.) Tithsothy Dianorin

    Angkor University, CambodiaLect. Ma Bun Seng Rithy, PhD Candidate

    Cambodia University of Specialties, Cambodia

    Prof. Hoeng Chiv Yann

    Cambodian International Cooperation Institute, Cambodia

    Prof. Met Vichet

    Vanda Accounting Institute, Cambodia

    Prof. Leng Dina

    Bayon Book Publishing Manager, Cambodia

    INTERNATIONAL EDITORIAL ADVISORY BOARD

    Prof. (Dr.) Daniel Esteban Odin

    The Business University of Costa Rica, Central America

    Prof. (Dr.) Christopher Nigel Preece

    Malaysia University of Technology, Malaysia

    Prof. (Dr.) George Reiff

    EIILM University; India, Universidad Empresarial, Central America

    Prof. (Dr.) Frederick U. OzorUniversity of Gambia, West Africa

    Prof. (Dr.) Arif Anjum

    University of Pune, India

    Prof. (Dr.) Andrew Ssemwaga

    Kigali Independent University, West Africa

    Prof. (Dr). Jayanta K. Nanda

    Ravenshaw University, India

    Prof. (Dr). Oyat Christopher

    Gulu University, Northern Uganda, East Africa

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    IAJDRis the Official International Academic Journal of the University Group and

    Bayon Book Under the Management of Sastra Angkor Institute and Asia Marketing

    Solution Co., Ltd.

    OFFICE:

    Address 1: 1733 Pyrenees Ave, Apt 121, Stockton, California, CA95210, USA.

    Address 2: 1607 South West Sylvester Lane, Florida, FL34984, USA.Published Address 3: 2nd Floor, No. 40Eo, St 324, Sangkat Beoung Salang, Khan Toulkok,

    Phnom Penh, Cambodia, Phone: (855)23 6336889

    Government Reg. No. 7112 MOC/ D/ REG

    DISTRIBUTION OF THE JOURNAL:The IAJDR Journal is distributed worldwide through ourInternational and local Agencies.

    Both Print and Online of the Journal is distributed to 180 Universities worldwide with total

    150 Countries. This is not included the availability from sales in the Markets.

    Copyright with Bayon Book Publishing is under the management of Sastra Angkor

    Institute and Asia Marketing Solution Co., LTD. No part of the publication may be

    reproduced in any form without prior permission of the Editor-in- Chief, International

    Academic Journal of Development Research. However, the views expressed in the articles or

    research papers are those of the authors and not of the editorial board or publisher.

    LANGUAGE POLICY:

    IAJDRis an English Language publication and the Editorial Board aims to ensure that

    contributors use grammatically correct and idiomatically appropriate English language.

    However, for many of our contributors English is a second and even third language and from

    time to time a strict language policy is modified to ensure that good articles are not excluded

    simply because they do not meet the highest English standards. We also hold it to beimportant that material be not over edited, providing its message is considered to be clear to

    the majority of our readers. The general objective that IAJDRis to create conditions whereby

    all informed persons are able to contribute to the ongoing debates, regardless of their English

    language competence and their lack of familiarity with accepted journal protocols.

    IMPORTANT DISCLAIMER

    The publishers, authors and editors are not responsible for the results of any actions on the

    basis of information in this work, nor for any errors or omissions. The publishers, authors and

    editors expressly disclaim all and any liability to any person, whether a purchaser of this

    publication or not, in respect of anything and the consequences of anything, done or omitted

    to be done by any such person in reliance, in whole or part, on the contents of this publication.The views expressed in this work are not necessarily the official or unanimous view of the

    office bearers of the IAJDR.

    Web Site: www.ams-groups.com, www.bayonbook.com

    Email:[email protected]

    CONTRIBUTIONS: Contributions should be forwarded to

    Prof. (Dr.) Mik saphanaret [email protected] [email protected]

    Prof. Leng Dina [email protected] [email protected]

    Please note the Notes to Contr ibutorsat the back of this edition

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    International Academic Journal of

    Development Research (IAJDR)

    ContentsTitle Page

    1. Capital Structure Analysis of Oil Industry: A case study ofBharat Petroleum Corporation Limited (INDIA) 1-20-S. K. KHATIK (Ph.D., M. Phil, M.Com)

    2. History of Restriction of the Use and Display of Foreign EducationalCredentials through laws and decrees in Germany from 1939 to 2012 21-42-Georg Reiff

    3. Global Operation Management Step ahead For Effective SupplyChain Managers 43-45-Shakti Prasad Mohanty & Sanjay Kumar Rout

    4. The Developing Concept Of The Professional The Nature AndFuture of Professionalism, And Its Implications for Academics,

    Executives and Public Administrators 46-51-Daniel Valentine

    5. Relevance of Physics Education Programmes of the University ofthe Gambia to the Teaching of Senior Secondary School Physics in

    the Gambia. 52-73-Nya Joe Jacob

    6. Collective Learning and Knowledge Development inthe Evolution of Regional Clusters of High Technology

    SMEs in Europe 74-91-David Keeble And Frank Wilkinson

    7. The competitive Brand of Selected Consumer Product inCambodia 92-109

    -Kao Kveng Hong

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    THE COMPETITIVE BRAND OF SELECTED CONSUMER

    PRODUCTS IN CAMBODIA

    Vol. 2, No. 1, July- December, 2013, pp. 92-109

    Dr. Kao Kveng Hong*

    Brand marketing has a distinct historical

    context irrespective of the levels of

    development of the countries. Most of the

    experience was built around the Fast

    Moving Consumer Goods (FMCGs)

    business of Multi-National Companies

    (MNCs) with its own unique products,

    market and company policy imperatives.

    However, it can be said that all successful

    efforts in brand making have not been byMNCs, as local companies too have been

    successful in many countries in this

    regard.

    A brand is the personification of a

    company. It is a source of a promise to its

    customers. It promises relevant

    differentiated benefits. It does so not only

    to place itself into the purchase

    consideration set, but even more

    importantly, to be the brand chosen fromthat purchase consideration set. This is

    also referred to as the brands unique

    value proposition. Whether it is called a

    unique value proposition or a promise of

    relevant differentiated benefits, it is very

    important that the promise or proposition

    be delivered consistently at each point of

    customer contact, time after time. Thus, a

    brand is the idea or image of a specific

    product or service that consumers connect

    with, by identifying the name, logo,slogan, or design of the company who

    owns the idea or image.Branding is when

    that idea or image is marketed so that it is

    recognizable by more and more people,

    and identified with a certain service or

    product when there are many other

    companies offering the same service or

    product. Thus, branding is an important

    part which allows companies to build their

    reputations as well as expand beyond the

    original product and service, and add to

    the revenue generated by the original

    brand. Branding is also a way to build an

    important company asset, which is a good

    reputation. In addition, branding can build

    an expectation about the company services

    or products, and can encourage the

    company to maintain that expectation, or

    exceed them, bringing better products and

    services to the market place. Thus, brandallows the consumer to shop with

    confidence, and they provide a route map

    through a bewildering variety of choices.

    The brand and consumers appreciation of

    the underlying appeals drive the purchase

    decision.

    BACKGROUND

    The real power of successful brands is that

    they meet the expectations of those thatbuy them. As such, they are a contract

    between a seller and a buyer. If the seller

    keeps to its side of the bargain, the buyer

    will be satisfied; if not, the buyer will in

    future look elsewhere. Therefore, the

    value to businesses owing strong brands is

    incontestable. Brands that keep their

    promise attract loyal buyers who will

    return to them at regular intervals. The

    benefit to the brand owner is that

    forecasting cash flows becomes easier,and it becomes possible to plan and

    manage the development of the business

    with greater confidence.

    In the present competitive world, the asset

    value of brands is widely recognized by

    both brand owners and investors. Brands

    as realized can generate high quality

    earnings that can directly affect the overall

    performance of the business and thus

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    influence the share price. The durability of

    brands, the quality of their earning power

    and their widespread appeal make them

    highly desirable properties. Hence, a

    brand which is widely known in the

    marketplace acquires brand recognition.When brand recognition builds up to a

    point where a brand enjoys a critical mass

    of positive sentiment in the marketplace, it

    is said to have achieved brand franchise.

    Brand recognition is most successful when

    people can state a brand without being

    explicitly exposed to the companys name,

    but rather through visual signifiers like

    logos, slogans, etc. The recognition and

    perception of a brand is highly influenced

    by its visual presentation. A brands visualidentity is the overall look of its

    communications. Hence, effective visual

    brand identity is achieved by the

    consistent use of particular visual

    elements to create distinction.

    Effective brand names build a connection

    between the brand personality as it is

    perceived by the target audience and the

    actual product/ service. Typically,

    sustainable brand names are easy to

    remember, transcend trends and have

    positive connotations. Thus, brand identity

    is fundamental to consumer recognition

    and symbolizes the brands differentiation

    from competitors. However, over time, a

    products brand identity may acquire,

    gaining new attributes from consumer

    perspective but not necessarily from the

    marketing communications an owner

    percolates to targeted consumers.Therefore, brand associations become

    handy to check the consumers perception

    of the brand.

    A brand image has both a direct effect on

    sales and a moderating effect on the

    relationship between product life cycle

    (PLC) strategies and sales. Finally, a

    brand image is not simply a perceptual

    phenomenon affected by the firms

    communication activities alone. It is the

    understanding consumers derive from the

    total set of brand-related activities

    engaged in by the firm. Thus, unless

    effects on the brand image also are

    considered, the implementation of PLC

    strategies may cause a decline in long-runmarket performance (Park, et al., 1986)1.

    In consumer behavior research, a

    considerable amount of attention has been

    given to the construct of brand

    personality, which refers to the set of

    human characteristics associated with a

    brand (Aaker, 1997). Researchers have

    focused on how the personality of a brand

    enables a consumer to express his or her

    own self (Belk, 1988), an ideal self

    (Malhotra, 1988), or specific dimensionsof the self (Kleine, Kleine, and Kernan,

    1993) through the use of a brand.

    Practitioners view it as a key way to

    differentiate a brand in a product category

    (Halliday, 1996) as a common

    denominator that can be used to market a

    brand across cultures (Plummer, 1985).

    Despite the important relationship

    between a brands image and its market

    performance, limited research has been

    carried out in small emerging markets.

    Further, research on personality and the

    symbolic use of brands more generally has

    remained limited due to the lack of

    consensus regarding what brand

    personality really is.

    LITERATURE REVIEW

    BRAND COMPETITIVENESS

    Brand competitiveness is considered as a

    basis for long-term survival of an

    enterprise and can bring long-term

    interests for enterprise. Brand

    competitiveness enhances market share,

    increase profits, enable organizations to

    charge higher price, create customer

    loyalty, or even help override occasional

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    failures in the eyes of the consumers.

    Organizations develop brands as a way to

    attract and keep customers by promoting

    value, image, prestige, or lifestyle. They

    may enjoy a trust or customer loyalty if

    they able to differentiate the brand fromthe competitor. A weak brand cannot able

    to retain the customers.

    Many researchers believe that

    brand competitiveness is affected mainly

    by two dimensions. The first dimension is

    the basic strength of corporate, such as

    product quality or service, technology,

    business skills, management capacity,

    human resources; the second dimension is

    the effectiveness of brand communication

    which mainly includes the consumersperception of brand images and the

    channel capacity of providing products

    and services to customers. Yang et al.

    (2008) provide that the brand value, brand

    innovation, brand quality control, brand

    marketing and brand communication

    constitute the five aspects of brand

    competitive factors. Dali et al. (2007)

    reveal that brand competitive effects by

    four elements. These are basic elements

    which composed of product performance,

    quality and other indicators; form factor,

    which refers to the name, trademarks, etc.;

    support elements which include

    management capabilities, financial

    strength, human resources, etc.; and

    strengthen elements which include public

    relations, advertising and after-sales

    service. Recently research in this

    direction is more concerned about the

    brand itself, focusing on the brandcontinuity and development factors.

    Among them, the brand culture is the most

    important one. Pengli and Furong (2008)

    sum up the factors as brand market power,

    brand innovation, brand culture and brand

    leadership. Brand culture emphasizes the

    integration of business outlook, values,

    and aesthetics into the brands. Further,

    Xueme (2009) emphasizes on the link

    between brand and corporate image, and

    the brand elements summarized as brand

    strength, brand management, brand

    development and brand sales force.

    Jinping (2009) consider cultural

    competence as the dominant factor which

    emphasizes that an enterprise must

    establish a distinctive brand philosophy,brand image and brand personality.

    To enhance the competiveness of the

    brand several business strategies are

    required. These are (i) developing a good

    quality management system and have

    good crisis manage capacity, (ii)

    effectively engage in marketing

    campaigns, while focusing on the

    customers evaluation after purchase, and

    (iii) strengthening brand operations along

    with enhancing brand value.

    Liuxiang (2002) points out good brands

    need good quality management system as

    a safeguard and there are three elements to

    establish a good quality management

    system. The first part should begin from

    the raw materials, grasp the purchase

    channel, strict implementation of quality

    standard; the second part from the

    production process control, strict

    manufacturing processes for processing in

    accordance with the production, strict

    control of the defect rate and the failure

    rate;and the third part links quality testing

    and quality inspection, which must not be

    over looked. Companies wishing to build

    their brand bigger and stronger cannot be

    too short-sighted in quality inspection link

    pushing boundaries.

    Enterprises should make full use of

    various marketing initiatives to strengthentheir brand image. Advertising, public

    advocacy, promotion and celebrity effect

    can become effective measures. Marketing

    campaigns make a brand famous but it can

    never solve the problem of maintaining

    the brand, as such establishment of brand

    image is far more than that. The key to

    maintain a good brand is to put more

    emphasis on the consumers evaluation,

    particularly the evaluation after the

    purchase. Such thinking not only can

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    maintain good customer satisfaction, but

    also helps improve product performance,

    better brand recognition and customer

    loyalty (Yang and Tang, 2008).

    The profitability of the brand is the mostfundamental part of the core business

    ability. In order to enhance brand value,

    the enterprise should start from the

    brands profitability, which is not just a

    guarantee, but the essential part for the

    continuation of the brand. Brand

    profitability is the outward manifestation

    of the brand competitiveness; it refers to

    the ability to profit in the market. Brand

    development capacity reflects the ability

    of the persistence of a brand; it is subjectto many factors. Branding capabilities

    explain whether a brands image in the

    consumer consciousness is achieved the

    desire or not. Brand support capacity

    emphasizes on the resources needed to

    maintain the brand conditions. Brand

    awareness capacity shows whether the

    target brand on the market won the social

    acceptance and customer satisfaction.

    Fast Moving Consumer Goods (FMCGs)

    Fast Moving Consumer Goods

    (FMCGs) are products that are sold

    quickly at relatively low cost. Though the

    absolute profit made on FMCG products

    is relatively small, they generally sell in

    large quantities and as such the

    cumulative profit on such products is

    large. These products get replaced within

    a year. Examples of FMCG generally

    include a wide range of frequently

    purchased consumer products such astoiletries, soap, cosmetics, teeth cleaning

    products, shaving products and detergents,

    as well as other non-durables such as

    glassware, light bulbs, batteries, paper

    products and plastic goods. FMCG may

    also include pharmaceuticals, consumer

    electronics, packaged food products and

    soft drinks, tissue paper, chocolate bars,

    although these are often categorized

    separately. Subsets of FMCGs are Fast

    Moving Consumer Electronics which

    include innovative electronic products

    such as mobile phones, MP3 players,

    digital cameras, Laptops, etc. These are

    replaced more frequently than other

    electronic products. White goods in

    FMCG refer to household electronic itemssuch as Refrigerators, TVs, Music

    Systems, etc. Some of the best known

    examples of Fast Moving Consumer

    Goods companies include Colgate-

    Palmolive, Unilever, Nestle, Procter &

    Gamble, Marks, Spencer, Coca-Cola,

    Carlsberg, Pepsi, etc.

    FMCG industry provides a wide range of

    consumables and accordingly the amount

    of money circulated against FMCGproducts is also very high. This industry,

    alternatively called as Consumer

    Packaged Goods (CPG) industry primarily

    deals with the production, distribution and

    marketing of consumer packaged goods.

    Consumers generally put less thought into

    the purchase of FMCG than they do for

    other products. Today the competition

    among FMCG manufacturers is growing

    very fast and as a result of this, investment

    in FMCG industry is also increasing.

    FMCG industry also engaged in

    operations, supply chain, production and

    general management. The main segments

    of the FMCG sector are:

    Personal Care: oral care; hair care; skin

    care; personal wash (soaps); cosmetics

    and toiletries; deodorants; perfumes; paper

    products (tissues, diapers, sanitary); shoe

    care.

    Household care: fabric wash (laundrysoaps and synthetic detergents); household

    cleaners (dish/ utensil cleaners, floor

    cleaners, toilet cleaners, air fresheners,

    insecticides and mosquito repellants,

    metal polish and furniture polish).

    Branded and Packaged Food and

    Beverages: health beverages; soft drinks;

    staples/ cereals; bakery products (biscuits,

    bread, cakes); snack food; chocolates; ice

    cream; tea; coffee; processed fruits;

    vegetables and meat; dairy products;

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    STUDY OBJECTIVES

    The objectives of the study were:

    To Identify the key competitive ofthe Consumers products brands inCambodia Market and the

    perception of consumers regarding

    the usefulness of dominant

    attributes on brand evaluation;

    To find out the role ofadvertisement in the buying

    decision of consumers towards

    selected brands of FMCGs; and

    To analyze the brand identity ofselected brands of FMCGs among

    the consumers in the study area.

    METHODOLOGYThe type of analysis carried out in the

    present study is both descriptive as well as

    quantitative in nature. To achieve the

    objectives and test the hypotheses, the

    study has collected primary data through

    direct personal interview method with the

    help of a structured questionnaire. The

    primary data have been collected from400 selected respondents in the city of

    Phnom Penh. Besides, relevant secondary

    data have also been collected from several

    sources. Both descriptive and quantitative

    analysis has been carried out in the study.

    Several statistical tools, such as average,

    percentage and Multidimensional Scaling

    (MDS) have been used in the study. The

    study has also carried out both tabular and

    graphical analysis to analyze the data

    collected as per the objectives of thestudy.

    In addition, relevant statistical tools are

    used in the study to accomplish the

    objectives. Weighted Aggregate Score is

    carried out to rank the attributes affecting

    the buying decision of the consumers.

    The Weighted Aggregate Score is

    calculated as per the formula given below:

    Weighted Aggregate Score = Wi Xi

    Where,

    Wi = Weight of ith item X

    Xi = Value of ith item X

    To understand the preference level of the

    respondents so far different brands oftoothpaste, detergent powder and shampoo

    is concerned, the Multidimensional

    Scaling (MDS) has been used. This

    particular technique is well suited and was

    originally developed for measuring human

    perceptions and preferences.

    Multidimensional Scaling is used to

    identify the product attributes that have

    importance to consumers and to measure

    their relative importance. This technique

    tests the brands which compete mostdirectly with each other. MDS is a set of

    techniques used to understand and

    measure the variety of human responses.

    MDS tackles basically two problems: i.

    dimensions involved for consumer

    perception of objects (Products, Services,

    Brands, Companies, etc.), and ii.

    Configuration of points (of objects) in that

    dimensionality.

    As regards dimensionality, the number

    can be two or more. However, only two

    most important dimensions are chosen so

    that the resultant configuration can be

    shown graphically. The outputs of MDS

    are the location of objects on the relevant

    dimensions as is termed as Perceptual

    Mapping. Thus, the perceptual map

    technique has also been used to identify

    the underlying dimensions that

    differentiate customer perception ofproducts and the position of existing

    products on the dimensions. The

    following method has been used to find

    out the number of dimensions and

    configuration of that dimensionality.

    The similarity matrix from response

    matrix has been found out by the

    following formula:

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    Where N is total sample size, i = row and j

    = column.

    The distance between each brand is found

    out by using Euclidean distance formula:

    Where Xik, Xjk are the projections of

    points i and j on dimension k

    (k = 1, 2, .., r)

    The stress value is calculated as a badness

    of fit at 10 per cent. So any value below

    the value of allowable badness of fit is

    acceptable.

    Thus, MDS is carried out to help

    understand people judgments of the

    similarity of members of a set of objects.

    The pairs of brands are taken to study the

    superiority of the brand through the

    ordinal scale. Respondents are required togive their preferences for the different

    brands and finally, the perceptual map is

    drawn to know the Euclidian distance

    among the different brands.

    To meet the objectives of the study,

    400 respondents are taken into account for

    carrying out the field survey in the capitalcity of Cambodia, i.e., Phnom Penh.

    BRANDS COMPETITION

    Competitive Analysis of Various

    Brands of Toothpaste

    Considering certain attributes, such as

    cleanliness, protection of gum and teeth,

    freshness, price, advertisement, etc., the

    competitive analysis of various brands oftoothpaste is taken into account. For this

    purpose, the study has considered the

    brands like Colgate, Close up, Pepsodent

    and Oral-B. The other brands of

    toothpaste have not been taken into

    account with the simple assumption that

    these brands are not effective players in

    the market. The competitive analysis of

    various brands of toothpaste is presented

    in Table 5.2.3.

    Table No. 5.2.3

    Identification of Best Brand of Toothpaste on the basis of Selected Attributes

    Attributes Brand

    Colgate Pepsodent Close-up Oral-B Total

    Cleanliness 128

    (32.00)

    104

    (26.00)

    108

    (27.00)

    60

    (15.00)

    400

    (100.00)

    Protection of

    gum & teeth

    152

    (38.00)

    88

    (22.00)

    96

    (24.00)

    64

    (16.00)

    400

    (100.00)Freshness 92

    (23.00)

    84

    (21.00)

    88

    (22.00)

    136

    (34.00)

    400

    (100.00)

    Price 124

    (31.00)

    120

    (30.00)

    88

    (22.00)

    68

    (17.00)

    400

    (100.00)

    Advertisement 112

    (28.00)

    104

    (26.00)

    108

    (27.00)

    76

    (19.00)

    400

    (100.00)

    Packaging 108

    (27.00)

    80

    (20.00)

    112

    (28.00)

    100

    (25.00)

    400

    (100.00)

    Brand Image 128

    (32.00)

    92

    (23.00)

    96

    (24.00)

    84

    (21.00)

    400

    (100.00)

    Note: Figures in the parentheses indicate percentage to row total.

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    Table 5.2.3 reveals the fact that

    considering the attributes, such as

    cleanliness, protection of gum and teeth,

    price, advertisement and brand image,

    Colgate was considered by the highestnumber of respondents as the best brand.

    So far as the freshness and packaging are

    concerned, Oral-B and Close up were

    considered respectively by the

    respondents as the best brand. In a number

    of attributes, such as cleanliness,

    protection of gum and teeth,

    advertisement and brand image, the brand

    Close up had secured the second position.

    However, the brand Oral-B had secured

    the lowest position in all the attributestaken into account except freshness and

    packaging.Figure5.2.5presented below

    shows clearly the competitive analysis of

    various brands of toothpaste considering

    several attributes.

    Marketing Implications

    The analysis made earlier with regard to

    factors influencing buying of toothpasteand choosing of a brand to be the best

    considering the attributes reveals the

    following marketing implications.

    i. One of the significant attributeinfluencing the buying decision of

    toothpaste is the protection of gum

    and teeth as revealed from the

    analysis. Considering the brand which

    meets the above criteria, it is found

    that Colgate was considered to be the

    most effective brand. Hence, to

    further strengthen the market, Colgate

    should give more emphasis on the

    above attribute. The other brands,

    such as Pepsodent and Close up

    should also seriously think of their

    product value in terms of cleanlinessto pose a serious threat to the brand

    Colgate.

    ii. It is also revealed that freshness asone of the important attributes in

    buying the toothpaste. Data show that

    maximum number of respondents

    favoured Oral-B as the best brand in

    meeting the above criteria. Thus, it

    can be inferred that to gear up its

    demand and to fight with the brand

    Oral-B, Colgate, Close up and

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    Pepsodent should consider raising

    their freshness value in the product.

    iii. Very few respondents consideradvertisement as one of the important

    factor in buying toothpaste. However,

    Colgate had secured the first positionso far the advertisement is concerned.

    To promote the brand and to

    strengthen the market position, the

    brands like Pepsodent, Close up and

    Oral-B should develop more

    appealing advertisement to create new

    demand in the market.

    iv. Considering the attributes, such ascleanliness and protection of gum and

    teeth, it can be stated that the

    competing brands of Colgate, such asPepsodent, Close up and Oral-B

    should add value to their brands for

    strengthening their base in the market

    in the long run.

    v. So far the attributes price and brandimages are concerned, Colgate was

    rated as the best brand. Therefore, it

    can be inferred that the brands, such

    as Pepsodent, Close up and Oral-B

    should consider the pricing and

    develop certain criteria for building

    up brand image to meet the growing

    market challenge in the present

    environment.

    5.2.7 Perception of Toothpaste Colgate Brand

    Understanding the level of perception of

    consumers of the brand Colgate is

    essential in a study of brand personality as

    a competitive advantage. Knowing the

    level of perception of the consumers helps

    to build the brand image and to rightly

    position the brand in the competitive

    market.

    The level of perception of the consumersso far the Colgate brand of toothpaste is

    concerned is summarized below in a 15

    scale. Further, the table shows the

    Weighted Aggregate Score which is found

    out by assigning 5 points to 5 and 1 point

    to 1. The analysis has considered the use

    of Weighted Aggregate Score to assess the

    perception level of the consumers on the

    basis of the selected attributes.

    Table No. 5.2.4

    Perception Level of the Consumers on Brand Colgate

    Scale Number of Responses WeightedAggregate

    ScoreAttributes

    5

    (High)

    4 3 2 1

    (Low)

    Cleanliness 88 156 136 8 12 1500

    Protection value 140 124 112 20 4 1576

    Freshness 116 120 32 132 0 1420

    Packaging 92 32 112 160 4 1248

    Price 92 136 28 140 4 1372Advertisement 132 68 156 36 8 1480

    Brand Image 116 56 216 8 4 1472

    Table 5.2.4presented above shows that

    respondents perceived the protection value

    of the Colgate brand with regard to gum

    and teeth as the most important attribute.

    The Weighted Aggregate Score has shown

    that next to the protection value,

    cleanliness was perceived as the next

    important attribute. The other attributes

    which are perceived by the consumers as

    important were respectively advertisement

    of the product, brand image, freshness,

    price and packaging. Further, it is to note

    that more than 60 per cent of the

    respondents perceived the Colgate brand

    as high with regard to cleanliness,

    protection value and freshness.

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    Marketing ImplicationAnalysis made above on the perception of

    Colgate brand by the consumers clearly

    shows that Colgate had acquired a good

    brand image due to some of its attributes,

    such as protection value, cleanliness,freshness, etc. Hence, for the other brands

    in the market to compete with the Colgate

    brand, it can be inferred that they should

    highlight their Unique Selling Proposition

    (USP) on these attributes.

    Competitive Analysis of Various

    Brands of Detergent Power

    A comparative analysis is made in this

    sub-section by considering various brands

    of detergent powders, such as Viso, Tide,

    Lix and Breeze on the basis of a numberof attributes. The main aim is to assess the

    best brand on the basis of the given

    attributes. Looking to the nature of the

    product, the various attributes selected are

    whiteness, better foaming, cloth

    friendliness, safe on hands, price,

    packaging, storing for a long period,

    advertisement and brand image. The study

    is restricted within the four brands with

    the assumption that these brands are

    considered by the consumers as important.By knowing the best and the least brand

    on the basis of the given attributes,

    marketing strategies may be planned

    accordingly. As found earlier, all the

    respondents were in use of detergent

    powder though their preferred brands vary

    from one to other. Moreover, some of the

    respondents after a certain period changed

    their brand due to some reasons. Hence,

    the study on different brands on given

    attributes helps to know the reason of abrand as accepted by the consumers. The

    comparative analysis of various brands of

    detergent powder is presented in Table

    5.3.3.

    Table No. 5.3.3

    Consideration of Best Brand of Detergent Powder on the basis of Selected Attributes

    AttributesBrand

    TotalViso Tide Lix Breeze

    Whiteness 133(33.25)

    104(26.00)

    92(23.00)

    71(17.75)

    400

    (100.00)

    Better foaming 107(26.75)

    89(22.25)

    112(28.00)

    92(23.00)

    400

    (100.00)

    Cloth friendliness 117(29.25)

    98(24.50)

    84(21.00)

    101(25.25)

    400

    (100.00)

    Safe on hands 107(26.75)

    104(26.00)

    87(21.75)

    102(25.50)

    400

    (100.00)

    Price 102(25.50)

    87(21.75)

    137(34.25)

    74(18.50)

    400

    (100.00)

    Packaging 98

    (24.50)

    112

    (28.00)

    68

    (17.00)

    122

    (30.5)

    400

    (100.00)Storing for a long period 106

    (26.50)101

    (25.25)89

    (22.25)104

    (26.00)400

    (100.00)

    Advertisement 117(29.25)

    93(23.25)

    112(28.00)

    78(19.50)

    400

    (100.00)

    Brand/company image 110(27.50)

    104(26.00)

    89(22.25)

    97(24.25)

    400

    (100.00)

    Note: Figures in the parentheses indicate percentage to row total.

    Keeping in view the number of attributes,

    Viso was found as the best brand

    compared to Tide, Lix and Breeze by a

    large number of respondents. In the earlier

    analysis whiteness was revealed as the

    most important factor influencing the

    buying decision of detergent powder.

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    Considering whiteness as a factor, around

    33 per cent respondents viewed Viso as

    the best brand followed by Tide (26 per

    cent), Lix (23 per cent) and Breeze (18 per

    cent). In case of other attributes, such as

    cloth friendliness, safe on hands, power ofstoring for a long period, advertisement

    and brand image, Viso was considered as

    the best brand in the market as rated by

    around 29 per cent, 27 per cent, 26.5 per

    cent, 29 per cent and 28 per cent of the

    total respondents respectively. In case of

    attributes, such as better foaming and

    price, the brand Lix occupied the first

    position as found from the percentage of

    respondents. Considering the attribute

    packaging though it was found that around

    31 per cent respondent were in favour of

    Breeze as the best brand, close to that 28

    per cent respondents considered Tide as

    the next best brand. The brand Lix was

    considered as the best one by 34 per centrespondents in case of price as attribute,

    whereas, Viso was considered the next

    best by 26 per cent respondents. Thus,

    though the study is limited within four

    brands of detergent powder and nine

    attributes but, in most cases Viso was

    found to be the best rated brand. The

    analysis is further supplemented by the

    figure presented below.

    Marketing ImplicationThe analysis made earlier confirmed that

    the demand for detergent powder depends

    much on its ability to clean the clothes

    rather than other factors and further it is

    revealed that about 33 per cent

    respondents opined in favour of Viso for

    providing better cleanliness to the clothes.

    Thus, compared to the other brands, Viso

    was found to be the best due to the above

    factor. So to enhance the demand for the

    detergent powder in the market, the other

    competing brands should give more

    emphasis of bringing whiteness to the

    clothes. This simply means that the

    demand for the product much depends on

    its functional utility. Knowing this the

    marketer of the detergent powder should

    consider the same to gain a better market

    share.

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    While ranking the different brands on the

    basis of a given set of attributes it is found

    that the competing brands had occupied

    different positions with respect to the

    attributes. Mostly, it is found that Viso

    was considered to be the best by highernumber of respondents on the basis of its

    whiteness, cloth friendliness, safe on

    hands, power of storing for a long period,

    advertisement and company image.

    Considering this it is found that the brands

    like Tide, Lix and Breeze were favoured

    by limited number of respondents. Hence,

    for the other competing brands, it is most

    important to raise their functional values

    to get a better position in the market.

    In case of some attributes, such as, better

    foaming, price and packaging compared to

    the brand Viso, other brands got better

    position. Hence, to compete in the market

    and attract the customers, Viso should

    relook its strategy with regard to these

    attributes.

    Competitive Analysis of Various

    Brands of ShampooConsidering certain attributes, such as

    removing hair dandruff, controlling hairfall, caring hair damage, providing extra

    moisturizing to hair, making hair long and

    shining black, packaging, price,

    advertisement, brand image, etc. the

    competitive analysis of various brands of

    shampoo is taken into account. For this

    purpose, the study has considered the

    brands like Pantene, Clinic-Clear, Head &

    Shoulder, Sunsilk, Palmolive, Dove,

    Rejoice and others. The other local brands

    of shampoo have not been taken intoaccount with the simple assumption that

    these brands are not very effective players

    in the present market. The competitive

    analysis of various brands of shampoo is

    presented in Table 5.4.3.

    Table No. 5.4.3

    Consideration of Best Brand of Shampoo on the basis of Selected Attributes

    Attributes

    Brand

    Total

    Pantene

    Clinic-

    Clear

    Head &

    Shoulder Sunsilk Palmolive Dove Rejoice

    Removing hair

    dandruff

    83

    (20.75)

    91

    (22.75)

    56

    (14.00)

    52

    (13.00)

    47

    (11.75)

    42

    (10.50)

    29

    (7.25)400

    (100.00)

    Controlling hairfall

    107(26.75)

    89(22.25)

    63(15.75)

    43(10.75)

    39(9.75)

    32(8.00)

    27(6.75)

    400

    (100.00)

    Caring hair

    damage

    102

    (25.50)

    78

    (19.50)

    84

    (21.00)

    41

    (10.25)

    40

    (10.00)

    38

    (9.50)

    17

    (4.25)400

    (100.00)

    Providing extra

    moisturizing to

    hair

    74

    (18.50)

    62

    (15.50)

    83

    (20.75)

    63

    (15.75)

    46

    (11.50)

    51

    (12.75)

    21

    (5.25)400

    (100.00)

    Making hairlong

    51(12.75)

    44(11.00)

    62(15.50)

    51(12.75)

    53(13.25)

    75(18.75)

    64(16.00)

    400(100.00)

    Shining black 56(14.00)

    52(13.00)

    78(19.50)

    82(20.50)

    40(10.00)

    25(6.25)

    67(16.75)

    400

    (100.00)

    Packaging 76

    (19.00)

    65

    (16.25)

    58

    (14.50)

    51

    (12.75)

    20

    (5.00)

    89

    (22.25)

    41

    (10.25)400

    (100.00)

    Price 53

    (13.25)

    72

    (18.00)

    56

    (14.00)

    61

    (15.25)

    88

    (22.00)

    24

    (6.00)

    46

    (11.50)400

    (100.00)

    Advertisement 78

    (19.50)

    79

    (19.75)

    56

    (14.00)

    73

    (18.25)

    23

    (5.75)

    62

    (15.50)

    29

    (7.25)400

    (100.00)

    Brand/company

    image

    81

    (20.25)

    68

    (17.00)

    61

    (15.25)

    52

    (13.00)

    45

    (11.25)

    52

    (13.00)

    41

    (10.25)400

    (100.00)

    Note: Figures in the parentheses indicate percentage to row total.

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    Table 5.4.3 reveals the fact that

    considering the attributes, such as

    controlling hair fall, caring hair damage

    and brand image, Pantene was considered

    by the highest number of respondents as

    the best brand. So far as other attributes,such as removing hair dandruff and

    advertisement are concerned, Clinic Care

    was considered by the majority of

    respondents as the best brand. In case of

    providing extra moisturizing to hair, Head

    and Shoulder was considered by most as

    the best brand. The brand Dove was taken

    by others as the best for making hair long

    and better packaging as compared to

    others. So far as the price of shampoo is

    concerned, Palmolive was considered by

    majority as the best brand. For the other

    attribute, such as shining black while

    Sunsilk was the most preferred brand,

    Head and Shoulder was the next preferred

    one. However, the brand Rejoice hadsecured the lowest position in certain

    attributes taken into account except

    making hair long, shining black,

    packaging, price, advertisement and brand

    image. Figure 5.2.6 presented below

    shows clearly the competitive analysis of

    various brands of shampoo considering

    several attributes.

    Marketing Implications

    The analysis carried out above with regard

    to the factors influencing buying of

    shampoo and choosing of a brand to be

    the best considering the attributes reveals

    the following marketing implications.

    i. The significant attributes influencingthe buying decision of shampoo is the

    controlling of hair fall and caring for

    hair damage as revealed from the

    analysis. Considering the brand which

    meets the above criteria, it is found

    that Pantene was considered to be the

    most effective brand. Hence, to

    further strengthen the market, Pantene

    should give more emphasis on the

    above attributes. The other brands,

    such as Clinic Clear, Head and

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    Shoulder, Dove and Sunsilk should

    also seriously think of their brands

    value in terms of the above attributes

    to pose a serious threat to the brand

    Pantene.

    ii. It is also revealed that removing hairdandruffis one of the importantattributes in buying the shampoo.

    Data show that maximum number of

    respondents favoured Clinic Clear as

    the best brand in meeting the above

    criteria. Thus, it can be inferred that

    to gear up its demand and to fight

    with the brand Clinic Clear, Pantene

    and others should consider raising

    their removal of hair dandruff value

    in the brand.iii. Similarly, most of the respondents

    considered Head and Shoulder as the

    most preferred one for providing extra

    moisturizing to hair. Likewise, Dove

    was considered for making hair long

    while Sunsilk was taken by most as

    providing shining black to hair.

    Considering these findings, the

    reputed brands, such as Pantene and

    Clinic Care should promote these

    attributes effectively in their brands.

    iv. Very few respondents consideradvertisement as one of the important

    factors in buying shampoo. However,

    Clinic Care had secured the first

    position so far the advertisement is

    concerned. To promote the brand and

    to strengthen the market position, the

    other brands should develop more

    appealing advertisement to create new

    demand in the market.v. While respondents had taken Dove asthe most preferred brand for

    packaging, Palmolive was considered

    as the best for pricing. Thus, it can be

    stated that the other competing brands

    should add value to their brands for

    strengthening their base in the market

    in the long run on these attributes.

    vi. So far the brand image is concerned;Pantene was rated as the best brand

    followed by Clinic Clear. Therefore,

    it can be inferred that the brands, such

    as Head and Shoulder, Sunsilk, Dove,

    Palmolive, Rejoice and others should

    develop appropriate measures to build

    their brand reputation.

    SUMMARY AND CONCLUSION

    A brand is a central node of an associative

    network constituted by consumers

    learned connections between the brand

    and a variety of cues, benefits, user types,

    and symbolic meanings. The foregoing

    analysis aims to provide a clear

    explanation on several conceptual issues

    relating to brand. In addition, it reviewsthe empirical findings on brand

    personality and competiveness. Further,

    an analysis is made on profiles of selected

    products and brands. From the review of

    literature it is found that though a good

    amount of studies has been carried out on

    issues relating to branding, brand image,

    brand performance, brand personality,

    brand competitiveness, etc. but very few

    studies on those issues relating to brand

    performance are taken up in small

    emerging as well as poor economies in the

    world. Understanding consumers

    awareness and knowledge about presence

    of several brands in the market and their

    perception levels for different products

    and brands in small economies are

    important.

    The analysis made in the present chapter

    clearly shows the competitive advantage

    enjoyed by the specific brands, such asColgate, Viso and Pantene of the selected

    FMCGs. In case of all the selected three

    FMCGs, majority of respondents were

    aware of the presence of several brands in

    the market. A larger percentage of

    respondents were found in use of Colgate

    brand of toothpaste, Viso brand of

    detergent and Pantene brand of Shampoo.

    Respondents had considered several

    attributes for selecting the specific

    products as well as their preferred brands.

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    The analysis has also clearly found a

    larger preference of customers in favour

    of these three brands of selected products

    over a longer period of time. It was found

    that in general, advertisement plays an

    important role in not only selecting theproduct but also the brand. Majority of the

    respondents in all the specific three brand

    cases remembered the advertisement in

    some way or other and recognized that

    these brands by themselves were enough

    for sale. This reveals the brand identity

    enjoyed by the selected brands, i.e.,

    Colgate, Viso and Pantene among others.

    As these brands are recognized by the

    respondents as household brands, they

    were perceived as having the highestpreferred brands as against other

    competing brands. The important

    marketing implications derived from the

    analysis would be quite helpful for the

    respective brands as well as their

    competitors to develop appropriate

    marketing strategies.

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    *Dr. Kao Kveng Hong is Professor of

    Business & Economics at Angkor

    Khemara University, Phnom Penh,

    Cambodia. He holds a Bachelors Degree

    in Economic Science, a MBA and a PhD

    in Business Administration. Prior to

    entering academic life Dr Kao was active

    in business; he remains the CEO of Asia

    Marketing Solution Company, a company

    he founded in 2006. Dr Kao is also a

    qualified teacher. He began his career as

    an English and Japanese teacher in private

    schools in Siem Reap. These days he

    teaches management and sales subjects to

    undergraduates and MBA students. He

    may be reached at kvenghong@ams-

    groups.com

    mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
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