Overview
Branding is a crucial aspect of marketing that involves creating a unique identity for a product or company. It includes elements like logos, colors, and messaging that help consumers recognize and connect with a brand. A strong brand can lead to customer loyalty, increased sales, and a competitive ...
Key Terms
Example: Nike's swoosh logo is a key part of its brand identity.
Example: Coca-Cola has high brand equity due to its global recognition.
Example: Teenagers are a target audience for many fashion brands.
Example: Tesla positions itself as a luxury electric vehicle brand.
Example: The golden arches represent McDonald's.
Example: Apple customers often remain loyal to the brand for years.