Aspects of branding
Branding is a marketing technique used to give a product or business a unique name or identity. Examples include: Amazon, Nestle, Lego, IKEA, Apple, McDonald’s, Nintendo and Volkswagen.The role, or purpose, of branding includes:A good brand name (good brand reputation) helps an organization to gain or sustain competitive advantages. Research has consistently shown that customer purchasing habits are affected by branding...