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How do brand name and quality impact the reputation of any product?
Wiki User
∙ 8y ago
If the quality is good, people will buy it and spread the word. If the brand name is attractive, people will buy something from it
Wiki User
∙ 8y ago
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What are key success factors of beer and wine industry?
Price, Quality, Brand awareness, Product diversity
What product market factors might you include in your media plan?
Price Quality Brand name Comppetitors
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How can brand name and quality affect the label of any product?
When the brand and quality is well known or good, people are most likely to buy it.
Whats the difference between a brand name and a generic product?
The company that sells the product -APEX
What is the quality of the Blueant Bluetooth brand?
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What is is the difference between a brand-name and a generic product?
The name of the company that manufactures the product. Some generic products, rightly or wrongly, are perceived to be inferior to the Brand name product. The Brand name product is usually made by the company that first made it and either developed a great reputation or had a great reputation. In fact, another company could come along long after the Brand name product was introduced, make a minor dimensional or material change for example, and offer a better version of the same product. Of course they could just as easily produce an inferior product. At that point Brand Image would become a factor.
What and the difference between a brand-name and a generic product?
The name of the company that manufactures the product. Some generic products, rightly or wrongly, are perceived to be inferior to the Brand name product. The Brand name product is usually made by the company that first made it and either developed a great reputation or had a great reputation. In fact, another company could come along long after the Brand name product was introduced, make a minor dimensional or material change for example, and offer a better version of the same product. Of course they could just as easily produce an inferior product. At that point Brand Image would become a factor.
What is the purpose of brand name clothing?
People like brand name clothing for a couple of reasons. Some brands have a reputation for quality that gives buyers confidence in the product. Also, wearing certain brands gives a message of status, because it is commonly known that they are very expensive and luxurious.
How consumer handles the risk?
Consumers handle risk by: - Seeking information e.g. word of mouth or advertisements - Brand loyalty e.g. stay loyal to a chosen brand - Brand image e.g. evaluate brand based on its image (reputation) - Store image e.g. evaluate the layout and look of the store - Most expensive e.g. purchase most expensive product as price is assumed to be an indicator of product quality - Seek assurance e.g. promise or guarantee that the product is of a sufficient standard ---By Rakib
How consumers handle risk?
Consumers handle risk by: - Seeking information e.g. word of mouth or advertisements - Brand loyalty e.g. stay loyal to a chosen brand - Brand image e.g. evaluate brand based on its image (reputation) - Store image e.g. evaluate the layout and look of the store - Most expensive e.g. purchase most expensive product as price is assumed to be an indicator of product quality - Seek assurance e.g. promise or guarantee that the product is of a sufficient standard
Is quality is most important than branding?
Brand is a way of indicating quality. My guess is that a well-branded low quality product will outperform a poorly-branded high quality product at least 90% of the time.
Meaning of brand dilution?
The risk of over extension is brand dilution where the brand loses its brand associations with a market segment, product area, or quality or price.
What is the common denominator in a product's elevation to classic brand status?
The common denominator in a product's elevation to classic brand status is typically a combination of factors such as longevity, consistent quality, strong brand identity, and a loyal customer base. These brands often transcend trends and remain relevant over time, establishing a reputation that is trusted and respected by consumers.
