Chapter 8 Flashcards

1
Q

Benefits of Brand Equity

A
  1. Perceived Quality
  2. Brand Connections
  3. Brand Loyalty
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2
Q

Branding Strategies

A
  1. Stand-alone or Family Branding
  2. National or Store Branding
  3. Licensing
  4. Co-branding
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3
Q

Brands created to be separate from a company brand that can insulate the company if there is a problem with the brand

A

Stand-alone Brands

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4
Q

Products created, manufactured, and marketed by a company and sold to retailers around the country and the world

A

National Brands

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5
Q

Brands created by retailers for sale only in their store locations

A

Store Branding

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6
Q

Package Objectives

A
  1. Protect
  2. Communicate
  3. Promote Usage
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7
Q

Labeling Requirements

A
  1. Legal
  2. Consumer
  3. Marketing
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