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The marketing outcomes of a product is known as ______. - Commercial Applications

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Question

The marketing outcomes of a product is known as ______.

Options

  • Profit

  • Brand loyalty

  • Branding

  • Brand equity

MCQ
Fill in the Blanks

Solution

The marketing outcomes of a product is known as Brand equity.

Explanation:

Brand equity refers to the value and strength of a brand that results from a product's marketing outcomes. It encompasses the overall impact of a brand's presence and the consumer's perception of the brand, which is built over time through marketing efforts, product quality, and customer experiences.

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How to Bring About Brand Promotion
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Chapter 3: Advertising and Brand Promotion - EXERCISES [Page 54]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 3 Advertising and Brand Promotion
EXERCISES | Q 5. | Page 54
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