Branding and Brand Identity Flashcards

1
Q

A dynamic entity which has its personality, culture, vision, emotion and intelligence.

A

Brand

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A recognizable symbol, pattern, sound, or collection of letters is known as

A

Brand mark

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Types pf brands

A
  1. Product Brands
  2. Personal brands
  3. Corporate brands
  4. Service brands
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

This kind of branding, usually referred to as MERCHANDISE BRANDING, focuses on marketing a single item.

A

1 Product Brands

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Social Media and other platforms are used by people to create their own PERSONALITIES and strengthen their brands

A

2 Personal brands

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

A strategy used by business to sell themselves and obtain an advantage over rivals

A

3 Corporate brand

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

This type of branding is applicable to SERVICES, which frequently calls for some inventiveness because services can not be physically displayed

A

Service brand

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Is often developed by awareness-raising initiatives that appeal to the target customer.

The worth of having a recognizable and valuable brand

A

Brand Equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Make a distinctive brand that clients will remember and be familiar with.

Is critical to check that customer perceptions of the brand mature desired perception of the brand

A

1 Create the brand equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

This entails giving a brand significance to a general message or narrative. It includes aspects such as performance and imagery as the two pillars that make up this step of the creating brand meaning.

A

2 Establish a brand meaning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

This involves consumers judgments and feelings about your brand.

A

3.Determine a brand response

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

This requires establishing a close relationship with the client

A
  1. Build brand resonance.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The use of branding aids a company in raising public awareness of its good and services.

A
  1. Branding creates awareness
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Branding helps companies in making significant profits

A
  1. Increases business revenue
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

the messages, visuals, and messages created is part of the branding of the business.

A
  1. Branding builds competitive advantage
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Customers choose the product or service that provides them with the best value for their money.

A
  1. Brands build value for products and services.
17
Q

Effective branding reinforces the consumers decision to buy a product in their mind, which helps to build customer loyalty.

A
  1. Branding creates customer loyalty
18
Q

Develops when the volume of a product or service in a market is has been maximized.

A
  1. Oversaturation of the brand
19
Q

The business usually spends a significant amount of money developing its brand

A
  1. Branding is expensive
20
Q

An unfavorable incident involving a good or service will be associated with the brand.

A
  1. Negativity connected to the brand
21
Q

Building a strong brand identity can occasionally backfire when a business needs to change course in response to shifting market circumstances

A
  1. Branding can sometimes be flexible
22
Q

Another significant drawback of branding is the time consuming nature of the process.

A

5.Branding activities take so much time and effort

23
Q

The added benefit a business received from a product with a well known name as opposed to a generic substitute.

A

Brand equity

24
Q

The creation of the concept itself, this means that marketers would learn about the intricacies of the product or service itself.

A

Brand development

25
Q

The execution of itself, which means applying every means of strategy and output in promoting the product or service.

A

Branding

26
Q

Refers to a branch intrinsic value, for the perceived social value of a well-known brand name.

A

Brand equity

27
Q

A marketing tactic that enables businesses to stand out from the competition by defining the area a company occupies in the customers mind and demonstrating how it differs from rivals

A

Brand positioning

28
Q

Refers to a technological platform that makes it easier for people to share ideas, opinions, to online communities.

A

Social media

29
Q

The social phenomena of individual internet users creating an online community over which they exercise commercial and non-commercial influence is known as

A

Influencer culture

30
Q

Person who has power over the target audience in an industry or niche

A

Influencer

31
Q

In the form of social media promotion that makes use of product recommendations and endorsements from influencers who are recognized as experts in their fields and have large social followings.

A

Influencer marketing