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प्रश्न
Justify the following sentence for or against and give a reason:
Product differentiation is the main aim of branding.
“Product differentiation is the main aim of branding.” Justify this sentence for or against and give a reason.
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उत्तर १
For: Branding is done so that products can be identified easily and differentiated from competitors’ products.
उत्तर २
Branding is primarily used to distinguish a company’s product from competing goods in the marketplace. By giving a product a distinct name, logo, or design, a company may effectively promote its distinctive features, quality, and benefits to consumers. This obvious visual and functional identification keeps the product from becoming a generic commodity, enables the corporation to cultivate loyal customers, and justifies charging a premium price.
संबंधित प्रश्न
Which stage of Product Life Cycle has a greater emphasis on customer service?
The following are all major stages of a product life cycle except ______.
In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the product?
“Pricing is fundamental to all marketing efforts.” Give two reasons either for or against.
How is the product life cycle advantageous?
Explain the first two stages of product life cycle.
Explain the maturity stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the strategies to be adopted during the growth stage of the Product Life Cycle.
What is the product life cycle?
