Manag., January-2017-Q24

  • Option : A
  • Explanation : Brand Associations: All brand-related thoughts, feelings, perceptions, images, experiences, beliefs, attitudes, and so on that become linked to the brand node.
    Brand Contact: Any information-bearing experience a customer or prospect has with the brand, the product category, or the market that relates to the offering.
    Brand Dilution: When consumers no longer associate a brand with a specific product or highly similar products or start thinking less favorably about the brand.
    Brand Elements: Those trademarkable devices that serve to identify and differentiate the brand such as a brand name, logo, or character.
    Brand Equity: The added value endowed to products and services.
    Brand Extension: A company’s use of an established brand to introduce a new product.
    Brand Image: The perceptions and beliefs held by consumers, as reflected in the associations held in consumer memory.
    Brand Personality: The specific mix of human traits that may be attributed to a particular brand.
    Brand Portfolio: The set of all brands and brand lines a particular firm offers for sale to buyers in a particular category.
    Brand Promise: The marketer’s vision of what the brand must be and do for consumers.
    Branding Strategy: The number and nature of common and distinctive brand elements applied to the different products sold by the firm.
    Brand Knowledge: It consists of all thoughts, feelings, images, experiences, beliefs and so on that become associated with the brand.
    Brand Line: All products original as well as line and category extensions sold under a particular brand name.
    Brand Personality: The specific mix of human traits that may be attributed to a particular brand.
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