Brand extension refers to the use of an existing brand to launch new products under that same brand name. It helps to prolong brand life cycle.
Posts published in “BUSINESS MANAGEMENT”
The Super Business Manager website is all about business. It provides business resources for better decision making. These business resources are especially useful for CEOs, directors, managers, business owners, investors, entrepreneurs, business teachers, business students and business journalists.
Brand value is the added premium that customers are willing to pay for a product of a well known brand instead of buying a generic equivalent.
Brand loyalty is when customers buy the same brand of a product repeatedly – over and over again for a long time. They are devoted to the brand.
Brand development is a long-term marketing strategy meant to build, improve and strengthen the brand image. It happens after brand awareness.
Brand awareness shows how much customers are aware of a particular brand. Specifically, how fast it comes to their mind when a product is mentioned.
Brand image is an identity given to a product, or the range of products, which gives it unique personality of its own.
What is brand experience? Brand experience has much to do with the psychological meaning of a brand and the company’s approach to branding.
Intermediaries in the channel of distribution are a middle man. They are the middle person between the producers and consumers of a product.
Brand names come in many different forms, types and shapes. Let’s take a look at different types of brand names that exist around the world.
There are many different types of branding that exist in the world of marketing. Let’s take a look at the most common ways of branding products.
This article describes the differences between products and brands. Distinction between a product and a brand is a crucial job for marketing managers.
A brand is used to identify and to differentiate the products of one seller from products of competitors. Brands distinguish some products.
This article describes the main objective of businesses – generating revenue and making profit. It describes different types of revenue and profit, also profit maximization.
Marketing activities including promotion of products require spending. The money for these promotional activities is set in promotion expenditure budget.
Guerrilla Marketing is a way of performing marketing activities in a non-conventional yet creative way by businesses on a very low promotional budget.
Business performance can be measured including revenue, market share, customer satisfaction, employee satisfaction, innovation, and sustainability.