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Flashcards in the setHaven't started (16) brandA brand is a name, term, design, symbol, orother feature that distinguishes an organizationor product from its rivals in the eyes of thecustomer.loyaltythe tendency to always buy aparticular brandstretchingusing an existing name on anothertype of productawareness how familiar people are witha brand (or its logo or slogan)Namethe title given to a product by thecompany that makes itimage the ideas and beliefs people haveabout a brandendorsement the use of a well-knownperson to advertiseproductsrangethe set of products madeby a companyplacement when products are usedin films or TV programslifecycle the length of timepeople continue to buy aproductlaunch the introduction of aproduct to the marketchallengethe second best-sellingproduct or brand in a marketsharethe percentage of sales acompany hassegmentcustomers of a similar age,income level or social groupresearchinformation about whatcustomers want or needleaderthe best-selling product orbrand in a market
brandA brand is a name, term, design, symbol, orother feature that distinguishes an organizationor product from its rivals in the eyes of thecustomer.