project on brand
-
Upload
kiruthika-nagarajan -
Category
Education
-
view
58 -
download
0
Transcript of project on brand
Brand is the "name, term, design, symbol, or any other feature that identifies one seller's good or service.And should differentiate from their competitors.
Lower risk
Less cost of
searching for a
choice
Symbol of quality
Symbolic device
Source of product
Consumers can easily make a purchase decision based on brands. consumers usually find brands which satisfy
their needs.
Lower risk
Source of product
Less cost of
searching for a
choice
Symbol of quality
Symbolic device
Brand mean lower purchase risk to consumers as they are dealing with the product that they trust
Lower risk
Source of product
Less cost of
searching for a
choice
Symbol of quality
Symbolic device
They make quick purchase decision and save lots of time. Also, they save search costs for product
Lower risk
Source of product
Less cost of
searching for a
choice
Symbol of quality
Symbolic device
Consumers see brands as symbols of quality and remain committed and loyal to a brand as long as
they believe that the brand will continue their expectation and perform in the desired manner.
Lower risk
Source of product
Less cost of
searching for a
choice
Symbol of quality
Symbolic device
Brand play a significant role in signifying certain product features to customers
• Ambition & desire• Talent• Rational intent• Values• Context• Creation & imagination• Narrative• Resources