promotion and branding Flashcards
what are the names of the three types of branding
Manufacturer braidning
Own bradning
Product bradning
study tip: MOP
manufacturere bradning
how a business presentsitself
within cooperate brand, many seperate product brands aimed at different groups of consumers
product branding
relates to specific individual products cooperate bradn makes
have own logo and slogan but may have coperate bradn included in its packaging
own branding
brands that are in house to a supermarket r retailer
adv-consuemrs can get product at a lower price/good alterntive
dis-people can associate chaper price and own brand as being lower quality
rebranding
changing a design, prokmtoion or pricing
type of marketing strategy
strong bradning benefits
adds value to products
consumer percieves product as high qaulity, loyal to brand and repeated purchases
emtioanl bradning
bradning a product to match the lifestyle, aspirations and values of consumers to rrigger an emotional repsonse