Advantages of product branding to producers, Marketing Management

Assignment Help:

Advantages to producers

1.       Easy to advertise: when the product or producers of an enterprise are marked with a particular brand, it makes very easy for the enterprise to advertise its product because the enterprise can use the name of the brand in its advertisement messages.

2.       Easy to identify the products: use of the brand is very helpful in the identification of the products. The producers can advertise their products with their brand consumers can identify such products easily.

3.       Creation of the separation market: producers can create a separate market for their products if they use a particular brand because the uses of a particular brand differentiate these products from others.

4.       To get more prices: when consumers like a brand and they start to use the product of that brand, they do not mind a little increase in the prices of such products.

5.       Easy to expand the product mix: if the brand of a producer is very popular in the market and the demand of such products is quite encouraging, the product may decide to expand his product mix. He can add new product lines to his product mix or he can add new product items to his existing product lines. It does not create any difficulty for the producer to create demand for these new products because his brand has already got popularity among the consumers.

6.       Personal contacts with the consumers: when the brand of a producer becomes popular among consumers, it becomes very easy for the producer to eliminate the middleman or to reduce the number of the middleman because he is in a position to sell his products directly to the consumer. It reduces the cost of the distribution considerably. 


Related Discussions:- Advantages of product branding to producers

Lesson 3.5 skills practice, the equation s=p shows the relationship between...

the equation s=p shows the relationship between the amount george saves from each paycheck george saves and determines how much of a 128 dollar paycheck george save

Explain numbers of features in marketing offer customers, Explain about the...

Explain about the numbers of features in marketing offer more customers. While the number of features into a marketing offer is more the customer feels which the marketer has o

Discuss about the term http, Discuss about the term http. Http: ...

Discuss about the term http. Http: Http is stands for Hyper Text Transfer Protocol, The WWW protocol which performs the request and retrieves functions of a server. Gene

What are the disadvantages of joint ventures, What are the disadvantages of...

What are the disadvantages of joint ventures? Joint ventures also have disadvantages, which are given below: • Partners do not consist of full control of management • May

Importance of the market segmentation, Importance of the market segmentatio...

Importance of the market segmentation: 1.       Adjustment of product and marketing appeals: market segmentation presents an opportunity to understand the nature of the mar

Major decisions in sales promotion, Major decisions in sales promotion: in...

Major decisions in sales promotion: in using sales promotion a company must establish its objectives select the tools develop the program pretest the program implement and control

Corporate identity in marketing, Question (a) ‘'Corporate identity has...

Question (a) ‘'Corporate identity has become a universal technique for promoting companies and improving corporate culture. ‘' Explain what you understand by: (i) Corporat

Calculus, A rectangular solid block of ice is melting such that the height ...

A rectangular solid block of ice is melting such that the height is always twice the edge of the square base. Find the expression for the instantaneous rate of change of surface ar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd