a product is something that a brand makes- for example the iPhone is a product and Apple is a brand.
They can mean the same thing. Or Product Strategy is focused on the product and what objectives its meant to achieve for the user/consumer Promotional Strategy is focused on correctly Branding and promoting the product to the Target Markets.
Brand loyalty is directly linked with brand equity. Brand loyalty is the consumer's commitment to repurchase the products of a specific brand while brand equity refers to the marketing effects which a product results because of the brand name attached with it. This means that people will always show more brand loyalty a specific brand if the brand equity of the product is higher.
An example of a brand is "CocaCola". They sell a product and to do so use a specific design, logo which they promote widely, to differentiate their drink from similar drinks being sold. It works because people become familiar with the look and shape of the packaging.
Product differentiation means to differentiate our product with other product. The best example is Nokia Mobiles and Samsung Mobiles.
brand mark-symbol or pictorial design that distinguishes product trademaek-brand for which the owner claims exclusive legal protection
It's important to differentiate between right and wrong. She could not differentiate between the two identical twins. The new software features were designed to help differentiate their product from competitors. The expert could easily differentiate authentic artwork from fakes.
An automobile is a product, a Chevrolet is a Brand of automobile. In other words a product is an item's name, while a brand is the name of the company that manufactures the product. Any individual product may have multiple manufacturers or brands.
The company that sells the product -APEX
Just a marketing strategy used to differentiate a paper from regular newspaper, enabling a brand creation and easy identification of the product.
Windows is a brand name. Windows Server 2003 is a product in that brand.
They can mean the same thing. Or Product Strategy is focused on the product and what objectives its meant to achieve for the user/consumer Promotional Strategy is focused on correctly Branding and promoting the product to the Target Markets.
yes. the brand is the company that invented it. the factory is the place where they make the product
Brand loyalty is directly linked with brand equity. Brand loyalty is the consumer's commitment to repurchase the products of a specific brand while brand equity refers to the marketing effects which a product results because of the brand name attached with it. This means that people will always show more brand loyalty a specific brand if the brand equity of the product is higher.
Functions of advertising: 1. To differentiate the product from their competitors 2. To communicate product information 3. To urge product used 4. To expand the product distribution 5. To increase brand preference and loyalty 6. To reduce overall sales cost 7. Creates new demands
differentiate between general and specific reserve?
Period Cost: It is that cost which must be incurred by the company no matter it produce any product or not. Product cost: Product cost is that cost which is necessary to produce any production units to earn revenue.
Branding can be used to differentiate a product or service from competition, create brand loyalty among customers, and convey a company's values and personality. It can also help to increase brand recognition and awareness, leading to higher sales and market share.