Admin: 500-800 words APA 7th references Key terms to use: Brand awareness Value proposition Brand visibility Strive for a synergistic approach to marketing - Create a synergistic marketing mix PART 1: PROBLEMATISATION ( Heading title) Research problem + research question Problem = problem of the food co-op Research question is based on the food co-op’s research problem MUST USE the word ‘problematisation’ as the heading for this part Only report on the most pertinent provide justifications for why this is the most pertinent problem (what are the implications of this problem for the client Include: A brief overview of the company / unit that the client represents What is the research problem Why is it a problem What are the probable causes and / or symptoms of the problem Provide a problem statement What is the research objective What is the research question PART 2: LITERATURE REVIEW ( Heading title) Label paragraphs with their most important point Research problem: Issues: Brand Awareness and Value Proposition - Brand awareness = biggest issue (the two go hand in hand, but this is the overarching issue once people know about the brand’s existence, the next step is learning about what it does Brand awareness - Brand awareness refers to the extent to which consumers can recognise or recall a brand and its products or services. It measures how familiar and well-known a brand is among its target audience - Building and increasing brand awareness is a key goal for many marketing campaigns and strategies Value proposition: - A value proposition is a clear and compelling statement that explains what benefits a customer can expect to receive from a product or service, and why it is unique or better than alternatives. - When people are unaware of a business’s value proposition, they may not understand its core offerings or the advantages it brings, leading to confusion and lack of interest - Effective communication of a strong value proposition is crucial to addressing this challenge and engaging potential customers Research objective: Detect the factors contributing to weak brand awareness and identify key strategies to improve this Research question: How do consumers perceptions of the company’s brand align with its intended brand image, and what adjustments to messaging and positioning can potentially bridge this gap and enhance brand recognition? What are the primary internal and external contributors to the Food Co-op’s weak brand awareness within its target market, and what adjustments must be made to the company’s messaging and positioning to enhance brand recognition. What are the main internal and external factors leading to low brand awareness of the Food Co-op within its target market, and what messaging and positioning refinements are necessary to strengthen rand recognition LITERATURE REVIEW – 436 words Theoretical literature review: The theoretical literature review help establish what theories already exist, the relationship between them, to what degree the existing theories have been investigated, and to develop new hypotheses to be tested Things to ensure: Sources clearly relate to the research problem Take enough time to define and identify the most relevant sources to use in the review Use secondary and primary data sources Critically examine all aspects of the research design – don’t just accept other researcher’s findings are 100% valid Describe research procedures Include all research (even if it doesn’t validate assumptions) – consider contrary findings and alternative interpretations Include: 1. Type of literature review and why it’s necessary 2. Type of search + search engine To answer this question, a theoretical literature review is necessary to comprehensively and critically examine the issue from both primary and secondary data sources, whilst harbouring divergent perspectives on brand awareness and value proposition to best resolve the problem. Brand awareness and re-purchases Three studies aimed to assess how best to market cause-related businesses to increase brand awareness and re-purchase intentions. This is highly relevant as the Food Co-op is considered a cause-related business due to the value they place on environmental sustainability, ethical responsibility, and affordability. The first study examined the effect of brand awareness on repeat-purchase products, finding consumers with no knowledge of the product category were more likely to sample brands of all sizes (CITE A3). The Food Co-op’s target market, however, generally has knowledge and pre-existing loyalties to larger grocery corporations, accounting for their low market-share. Therefore, a second study used questionnaires to assess whether the use of CRM strategies increases repurchase intentions and brand awareness (N=150) (CITE A2). However, CRM campaigns showed no significant effect on repurchase intentions (correlation=0.035). However, study 3 examined whether adopting a co-branding strategy affects this, specifically a not-for-profit business collaborating with a for-profit business, to understand consumers’ willingness to purchase cause-related products once they are aware of the cause (N=156) (CITE A1). Through an experimental between-subjects design, it was found collaboration has a statistically significant (p<0.05) impact on ‘willingness to buy’ for both brands, thus increasing brand awareness. This reveals brand collaboration boosts brand awareness, especially for cause-related businesses. Communication and brand positioning Two studies explored the theoretical framework of message authenticity and brand positioning. Implementing this framework allows businesses to effectively communicate their value proposition and increase their messages’ persuasiveness. Given the Food Co-op’s strong ethical stance, mastering authentic communication is crucial. The first study conducted a literature review, finding message authenticity can be integrated into communication models through 3 domains: Heuristic-systematic Model, Identity-based brand management model, and Attribution Theory (CITE A6). These adopt psychological tactics to reduce consumer scepticism, improve source credibility and enhance the trustworthiness of the message, leading to increased consumer purchases and loyalty. The second study investigates whether the type of brand positioning environmentally sustainable businesses adopt, affects their consumers’ evaluation of the brand (CITE A5). The study found ‘Value-Based Positioning’ had the highest correlation with positive brand attitudes. Utilising these strategies, the Food Co-op can authentically communicate their value proposition and correctly position themselves in the market. Gap Whilst there is endless research on how to improve brand awareness and value proposition, there is no research regarding the cause of the issue, leaving this research question unanswered. Therefore, it is highly important this study be conducted to identify the contributing factors to low brand awareness, ultimately closing this gap. Article: Co-branded cause-related marketing campaigns: the importance of linking two strong brands Data type Primary Findings / about Impact of co-branding in increasing brand awareness Cause-related marketing campaigns and repurchase intentions: The mediating role of brand awareness, consumer attitude and corporate image Primary Effects of Brand Awareness on Choice for a Common, RepeatPurchase Product Primary Impact of brand awareness on experiment consumer’s purchase choices Subjects with no knowledge of the product category were more likely to sample brands of all sizes The underlying structure of brand awareness scores Primary Assessed consumers’ willingness to purchase from a brand for a cause-related reason Assessing whether cobranding with not-for-profit organisations increases repurchase intentions – boosting brand awareness Steps to improving brand awareness and its importance Relation to my study Matching green messages with brand positioning to improve brand evaluation Building a theoretical framework of message authenticity in CSR communication Primary Luxury vs mass-market brands and how to message to best reach customers analyses how message authenticity influences the persuasiveness of corporate social responsibility (CSR) communication. Food Co-op prides itself on being very socially responsible – this assesses how to best authentically deliver this message Article 1 link: https://www.proquest.com/docview/1318835122?parentSessionId=xfHKJkuywDKi%2BNIuv5 V0z1naB%2BbgYriQQAYRm2m26%2FI%3D&pq-origsite=primo&accountid=8330 Article 2 link: https://www.growingscience.com/msl/Vol10/msl_2020_193.pdf Article 3 link: https://www.jstor.org/stable/2626806 Article 4 link: https://www.researchgate.net/publication/227442094_The_Underlying_Structure_of_Brand _Awareness_Scores Article 5 link: https://www.sciencedirect.com/science/article/pii/S0148296320304690 Good article to swap in somewhere: https://www.emerald.com/insight/content/doi/10.1108/CCIJ-04-2018-0051/full/html (1. For-profit brand awareness: high, low) (2. Not-for-profit brand awareness: high, low), GAP IDENTIFIED: Whilst there is endless amounts of research conducted on how to improve brand awareness, theoretical frameworks for best reaching consumers and how to best communicate and position one’s brand, there is no direct research as to the cause of the issue It is highly important this study be conducted, so the root of the problem can be identified and it can be further understood what the internal and external contributors are to low brand awareness and value proposition, ultimately closing this gap. PROBLEMATISATION Located on the corner of ANU campus, The Food Co-operative Shop and Café (Food Co-op), is a cheap, organic, and bulk-cost wholefoods grocer and café. The company promotes environmental sustainability, inclusivity, and community by offering cheap, vegan, glutenfree meals, limiting single use plastics and waste, fostering a welcoming environment by providing free wi-fi, books, a piano and community events, such as trivia nights. The Co-op’s primary target market is university students, yet also targets local families, retirees, and ethically conscious public servants. Research Problem: The Food Co-op significantly struggles with Brand Awareness and Value Proposition. Not only is majority of their target market unaware it exists, but those that know of it do not know what the company actually offers. Value Proposition is the process of promoting what benefits a customer can expect to receive from the company, and why it is unique and better than alternatives. Through effectively communicating value proposition, members of the target market with aligning values are more likely to engage with the brand, ultimately increasing its awareness. Lacking brand awareness poses a significant challenge for businesses as it hinders their ability to connect with potential customers and establish a distinctive presence in the market. This problem arises when a company has limited/ineffective marketing efforts, inconsistent branding, an insufficient online presence, a dichotomous relationship between branding and target market, and ineffective communication, all of which the Co-op struggles with. This lack of recognition hinders customer acquisition, reduces competitiveness, and impedes growth. Overall, the company’s inability to effectively communicate its value proposition and establish a recognisable presence among the target audience is resulting in low brand awareness, negatively impacting customer engagement and market share. Research objective and question The research objective for the Food Co-op is to detect the exact factors contributing to its weak brand awareness and identify strategies to improve this. This is answered through the research question: “What are the main contributors leading to low brand awareness of the Food Co-op within its target market, and what messaging and positioning refinements are necessary to strengthen brand recognition”. LITERATURE REVIEW: To answer this question, a theoretical literature review is necessary to comprehensively and critically examine the issue from both primary and secondary data sources, and gain divergent perspectives on brand awareness and value proposition to best resolve the problem. Brand awareness and re-purchases Three studies assessed how best to market cause-related businesses to increase brand awareness and re-purchase intentions. This is relevant as the Food Co-op is considered a cause-related business due to the value they place on environmental sustainability, ethical responsibility, and affordability. The first study examined the effect of brand awareness on repeat-purchase products, finding consumers with no knowledge of the product category were more likely to sample brands of all sizes (Hoyer & Brown, 1990). The Food Co-op’s target market, however, generally has knowledge and pre-existing loyalties to larger grocery corporations, accounting for their low market-share. Therefore, a second study used questionnaires to assess whether the use of CRM strategies increases repurchase intentions and brand awareness (Surianto et al., 2020). However, CRM campaigns showed no significant effect on repurchase intentions (correlation=0.035). However, study 3 examined whether adopting a co-branding strategy affects this, specifically a not-for-profit business collaborating with a for-profit business, to understand consumers’ willingness to purchase cause-related products once they are aware of the cause (Baghi & Gabrielli, 2012). Through an experimental between-subjects design, it was found collaboration has a statistically significant (p<0.05) impact on ‘willingness to buy’ for both brands, thus increasing brand awareness. This reveals brand collaboration boosts brand awareness, especially for cause-related businesses. Communication and brand positioning Two studies explored the theoretical framework of message authenticity and brand positioning. Implementing this framework allows businesses to effectively communicate their value proposition and increase their messages’ persuasiveness. Given the Food Co-op’s strong ethical stance, mastering authentic communication is crucial. The first study conducted a literature review, finding message authenticity can be integrated into communication models through 3 domains: Heuristic-systematic Model, Identity-based brand management model, and Attribution Theory (Pérez, 2019). These adopt psychological tactics to reduce consumer scepticism, improve source credibility and enhance the trustworthiness of the message, leading to increased consumer purchases and loyalty. The second study investigates whether the type of brand positioning that environmentally sustainable businesses adopt, affects their consumers’ evaluation of the brand (Vilasanti da Luz et al., 2020). The study found ‘Value-Based Positioning’ had the highest correlation with positive brand attitudes. Utilising these strategies, the Food Co-op can authentically communicate their value proposition and correctly position themselves in the market. Gap Whilst there is endless research on improving brand awareness and value proposition, there is none regarding the cause of the issue. Therefore, this study must be conducted to answer the research question, identify the factors contributing to low brand awareness, and close this gap. References: Baghi, I., & Gabrielli, V. (2012). Co-branded cause-related marketing campaigns: The importance of linking two strong brands. International Review on Public and Nonprofit Marketing, 10(1), 13–29. https://doi.org/10.1007/s12208-012-0086-0 Hoyer, W. D., & Brown, S. P. (1990). Effects of brand awareness on choice for a common, repeat-purchase product. Journal of Consumer Research, 17(2), 141–148. https://doi.org/10.1086/208544 Pérez, A. (2019). Building a theoretical framework of message authenticity in CSR Communication. Corporate Communications: An International Journal, 24(2), 334– 350. https://doi.org/10.1108/ccij-04-2018-0051 Surianto, Moh. A., Setiawan, M., Sumiati, S., & Sudjatno, S. (2020). Cause-related marketing campaigns and repurchase intentions: The mediating role of Brand Awareness, consumer attitude and corporate image. Management Science Letters, 3235–3242. https://doi.org/10.5267/j.msl.2020.6.015 Vilasanti da Luz, V., Mantovani, D., & Nepomuceno, M. V. (2020). Matching green messages with brand positioning to improve brand evaluation. Journal of Business Research, 119, 25–40. https://doi.org/10.1016/j.jbusres.2020.07.024