But a brand is far more than a name or product.
The brand also encompasses all of the associations that the name has for consumers. The brand image or brand value results from the so-called dialogue that takes place between producer or brand owner and the consumer or user.
A brand’s strength rests upon a close correlation between the image the brand creates and the consumer’s reception of that message.
For example, a brand that promotes itself as being inexpensive might be interpreted as being of poor quality instead, if the message is mismanaged.
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The influence of brands is all around us. This is an in-depth look at Brands and what they do.
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