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Compare And Contrast Apple Is A Successful And A Less Successful Brand

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This report aimed to make comparison between a successful and a less successful brand portfolio. I have chosen Apple as a successful brand and Nokia as a less successful brand. Apple is a renowned brand name all over the world, and the products of Apple are so popular among the electronics lovers. Consumers recognize the Apple brand as a symbol of trust as well as reliability. Apple is a U.S based company, and now by revenue it is the largest information technology company in the world which is approximately 233 billion. In 1976, the company was established by Steve Jobs, Steve Wozniak, and Ronald Wayne. On the other hand, the brand name of Nokia has lost its credibility recently. Nokia is a Finnish multinational information technology company. About ten years ago, the products of Nokia were so popular in Europe, Africa, and Asia. However, in recent times Nokia has lost its market share significantly. People have less faith …show more content…

Brand image is consumers’ perception about a brand which is reflected by the brand association held in customer memory. Brand association contains the meaning of the brand for the consumers. Unique brand image is essential to be a successful brand. Some important brand associations of Apple are user friendly, lifestyle, educational, cool, creative, nice graphics, innovative, emotional benefits, desktop publishing. These brand associations come to mind of consumers when they think of Apple branding. Through breakthrough products as well as skillful marketing, Apple has been able to achieve strong, favorable, and unique brand image. Some commonly mentioned associations for Nokia are look, professionals, Bluetooth, Infra red, PC integration, technology demanding people. The brand associations of Nokia are good but they are not effective enough to create emotion in the mindset of consumers. Consequently, Nokia failed to create rich brand image in comparison to

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