Advertisements
Advertisements
Questions
Explain the following term/concept in detail:
Branding
Explain the meaning of Branding.
Advertisements
Solution
Every entrepreneur desires a distinct market identity for his product. Branding is the process of giving a product a unique identity through a unique brand name in order to distinguish it from competitors’ products. Simply put, branding is the process of giving a unique name to one’s product.
Trademarks are registered brands.
Trademarks cannot be copied. Branding aids in consumer recognition. It can help to generate new business and raise brand awareness in the market.
APPEARS IN
RELATED QUESTIONS
Write a word/term/phrase for the following sentence.
Giving of distinct name to one’s product.
What do you mean by Branding?
Correct the underlined word and rewrite the following sentence.
Pricing bridges the time gap between the production and sale of goods.
Explain packaging.
Give one word or phrase or a term which can substitute the following.
A process of giving special identity in the market for product.
_____________ is set of activities which is concerned with efficient movement of finished goods from place of production to place of consumption.
What do you mean by grading?
Who is supreme in the Market?
What is meant by Grading?
Define Product.
