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Duane Hodgson
on Nov 22, 2024

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_____ is the additional market share and profits products earn because of the brand's strength compared with that of competing products.

A) Brand identity
B) Brand extension
C) Brand image
D) Brand equity

Brand Equity

The additional market share and profits products earn because of the brand’s strength compared with that of competing products.

Market Share

The portion of a market controlled by a particular company or product, usually expressed as a percentage.

Brand Identity

The visible elements of a brand, such as color, design, and logo, that identify and distinguish the brand in consumers' minds.

  • Comprehend the critical role of brand image and equity in gaining a competitive advantage.
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irbah nisrina taniaNov 29, 2024
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