Branding Flashcards
how business can create a brand and the benefits of branding
what is branding?
a promotional method that involves the creation of an identity for the business that distinguishes the firm and its products from other firms
what does branding lead to?
brand loyalty
how can a brand be recognised?
colour, logo, strap-line, shapes
what are some types of branding?
corporate, personal, geographic brand
what is the definition of brand?
how a business differentiates itself from its competitors
what is the definition of brand dimensions?
enables consumer brands to understand their market share at a regional level across both channels
what is the definition of brand extension?
an instance of using an established brand name or trademark on new products which generates on increase of sales
what is the definition of brand personality?
how the business express itself through its tone of voice, core values, beliefs, and visual identify
what is the definition of brand value?
the worth of the brand, if it were to be sold