A new study explored by the Journal of Marketing on brands communicating positively towards their competitor.
The study showed that when a brand compliments a competitor, they end up boosting their own reputation AND sales.
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CURATED FROM
Befriending the Enemy: The Effects of Observing Brand-to-Brand Praise on Consumer Evaluations and Choices
ama.org
3 ideas
·515 reads
IDEAS CURATED BY
Managers may wish to capitalize on this opportunity by utilizing brand-to-brand praise as a way to foster a warmer brand image and produce more positive downstream consequences.
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