Buy custom creating brand equity
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Topic: |
Business
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Number of pages / Number of words: |
5 / 1177 |
Essay's paper body
Critical for service companies and retailers that employees have up-to-date understanding of brand and promise. Bonding occurs when customers experience the company delivering on promise. Brand perception is mostly affected by interactions with employees.
Leveraging secondary associations
Brand equity may be created by linking the brand to other information in memory that conveys meaning to customers...
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Direct approach assesses the actual impact of brand knowledge on consumer response to different aspects of the marketing.
Brand audits â assesses health of brand, uncovers sources of brand equity and suggests ways to improve and leverage its equity. From perspective of firm, must understand what products and services are currently being offered to consumers and how they are being marketed and branded...
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