Question : Which advantage of branding to marketer is highlighted in the given statement? Statement: With the brand name advertisement note only creates awareness about the product but also popularise the brand.
Option 1: Helps in product differentiation
Option 2: Helps in advertising and display programs
Option 3: Differential pricing
Option 4: Ease in introduction of new product
Correct Answer: Helps in advertising and display programs
Solution : With the brand name advertisement note only creates awareness about the product but also popularise the brand. Without a brand name the advertiser can only create awareness for the generic product and can never be sure of the sale of his product.
Hence, option B is correct.
Question : Which advantage of branding to marketer is highlighted in the given statement? Statement: It has a firm distinguishing its products from other competiting products.
Question : Which advantage of branding to marketer is highlighted in the given statement? Statement: An established brand name enables the firm to choice prices higher than the competiting products.
Question : Which advantage of branding to marketers is highlighted in the given statement? Statement: If a new product is introduced under a known brand than the new product can enjoy all the advantages of known brand.
Question : Which advantage of branding to marketers is highlighted in the given statement? Statement: It enables the firm to secure and control the market for its products
Question : Case Study:
FreshLife Beverages benefits from brand recognition, as customers can easily identify their products in the market. Which advantage of branding is highlighted in this case?
Option 1: Lower Pricing Strategy
Option 2: Reduced Packaging Costs
Option 3: Enhanced Product Features
Option 4: Differentiation and Recognition
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