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Questions and Answers

a collection of images and ideas representing an economic producer; more specifically, it refers to the concrete symbols such as a name, logo, slogan and design scheme.

Brand

created by the accumulation of experiences with the specific product and service, both directly relating to its use, and through the influence of advertising, design and media commentary.

Brand Recognition

the brand is the first brand which comes into the mind of the consumer within a specific product category.

Top of mind

“The brand is spontaneously named in the product category; but it is not the first brand that is mentioned

<p>Brand Recall</p> Signup and view all the answers

With this level of awareness the consumer only recognizes the brand and which product category it belongs to, when the consumer is tuckered by some external factors.

<p>Brand Recognition</p> Signup and view all the answers

“evaluation of the brand with respect to its perceived ability to meet a current relevant need”.

<p>Brand Attitude</p> Signup and view all the answers

This states that products or brands will all go through an introduction, growth, maturity, and decline stage. After the decline stage the product or brand will go out of the market

<p>Product Life Cycle or Brand Life Cycle</p> Signup and view all the answers

when a company uses an established brand name to introduce a new product either in a new product category or as a line extension of the current product.

<p>Brand Extension</p> Signup and view all the answers

•The degree to which a consumer consistently purchases the same brand within a product class.

<p>Brand Loyalty</p> Signup and view all the answers

explains why consumers are willing to pay a premium for a product which is not necessary superior to other products which are similar to the charismatic brand.

<p>Brand Charisma</p> Signup and view all the answers

marketers must find out what kind of gender the brand or product is perceived to have by customers.

<p>Brand Gender</p> Signup and view all the answers

Flashcards

Brand

A collection of images and ideas representing an economic producer, including name, logo, slogan, and design.

Brand Recognition

Awareness of a brand, triggered by experiences with the product/service, ads, or media.

Top of Mind

The brand that first comes to mind in a specific product category.

Brand Recall

Spontaneously naming a brand in a product category, but not necessarily the first.

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Brand Attitude

Evaluating a brand's ability to satisfy a need.

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Product Life Cycle

A product or brand goes through introduction, growth, maturity, and decline stages, then disappears from the market.

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Brand Extension

Using an established brand name for a new product (either in a different category or as a line extension).

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Brand Loyalty

Consistent repurchase of the same brand within a product category.

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Brand Charisma

Consumers' willingness to pay more for a brand, not necessarily superior to others.

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Brand Gender

Determining how a brand or product is perceived in terms of gender by consumers.

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Brand

The brand is the first brand which comes into the mind of the consumer within a specific product category.

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