Podcast
Questions and Answers
What is branding?
What is branding?
- The act of promoting a brand through celebrity endorsements
- The practice of setting a fixed price for a product or service
- The process of manufacturing products with a specific logo or label
- A marketing practice of creating a name, symbol, or design that identifies and differentiates a product from other products (correct)
What is the primary goal of branding?
What is the primary goal of branding?
- To target a specific demographic through advertising
- To create a strong and memorable identity for a product or service (correct)
- To reduce the production cost of a product
- To eliminate competition in the market
How does branding benefit a company?
How does branding benefit a company?
- It fosters customer loyalty and trust (correct)
- It increases production costs
- It limits the company's market reach
- It reduces the need for quality control
What is branding?
What is branding?
Why is branding important for a company?
Why is branding important for a company?
What are some key elements of branding?
What are some key elements of branding?