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Explain the advantages of branding to producers and consumers. - Commercial Applications

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प्रश्न

Explain the advantages of branding to producers.

संक्षेप में उत्तर

उत्तर

  1. Brand name helps in advertising in an easier way.
  2. Brand name establishes the permanent identity of the product.
  3. Brand name promotes repurchasing.
  4. Competition become easier with help of brand loyalty.
  5. Branding is a means of differentiating the product from the competitors' products. A producer can create a marked preference for his product (brand loyalty) by constantly repeating the brand name to the public.
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Definition and Merits of Brand and Branding
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Advertising and Brand Promotion - EXERCISES [पृष्ठ ५८]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 3 Advertising and Brand Promotion
EXERCISES | Q 20. a | पृष्ठ ५८
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