Branding and Brand Identity Flashcards

(31 cards)

1
Q

A dynamic entity which has its personality, culture, vision, emotion and intelligence.

A

Brand

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2
Q

A recognizable symbol, pattern, sound, or collection of letters is known as

A

Brand mark

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3
Q

Types pf brands

A
  1. Product Brands
  2. Personal brands
  3. Corporate brands
  4. Service brands
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4
Q

This kind of branding, usually referred to as MERCHANDISE BRANDING, focuses on marketing a single item.

A

1 Product Brands

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5
Q

Social Media and other platforms are used by people to create their own PERSONALITIES and strengthen their brands

A

2 Personal brands

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6
Q

A strategy used by business to sell themselves and obtain an advantage over rivals

A

3 Corporate brand

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7
Q

This type of branding is applicable to SERVICES, which frequently calls for some inventiveness because services can not be physically displayed

A

Service brand

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8
Q

Is often developed by awareness-raising initiatives that appeal to the target customer.

The worth of having a recognizable and valuable brand

A

Brand Equity

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9
Q

Make a distinctive brand that clients will remember and be familiar with.

Is critical to check that customer perceptions of the brand mature desired perception of the brand

A

1 Create the brand equity

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10
Q

This entails giving a brand significance to a general message or narrative. It includes aspects such as performance and imagery as the two pillars that make up this step of the creating brand meaning.

A

2 Establish a brand meaning

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11
Q

This involves consumers judgments and feelings about your brand.

A

3.Determine a brand response

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12
Q

This requires establishing a close relationship with the client

A
  1. Build brand resonance.
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13
Q

The use of branding aids a company in raising public awareness of its good and services.

A
  1. Branding creates awareness
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14
Q

Branding helps companies in making significant profits

A
  1. Increases business revenue
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15
Q

the messages, visuals, and messages created is part of the branding of the business.

A
  1. Branding builds competitive advantage
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16
Q

Customers choose the product or service that provides them with the best value for their money.

A
  1. Brands build value for products and services.
17
Q

Effective branding reinforces the consumers decision to buy a product in their mind, which helps to build customer loyalty.

A
  1. Branding creates customer loyalty
18
Q

Develops when the volume of a product or service in a market is has been maximized.

A
  1. Oversaturation of the brand
19
Q

The business usually spends a significant amount of money developing its brand

A
  1. Branding is expensive
20
Q

An unfavorable incident involving a good or service will be associated with the brand.

A
  1. Negativity connected to the brand
21
Q

Building a strong brand identity can occasionally backfire when a business needs to change course in response to shifting market circumstances

A
  1. Branding can sometimes be flexible
22
Q

Another significant drawback of branding is the time consuming nature of the process.

A

5.Branding activities take so much time and effort

23
Q

The added benefit a business received from a product with a well known name as opposed to a generic substitute.

24
Q

The creation of the concept itself, this means that marketers would learn about the intricacies of the product or service itself.

A

Brand development

25
The execution of itself, which means applying every means of strategy and output in promoting the product or service.
Branding
26
Refers to a branch intrinsic value, for the perceived social value of a well-known brand name.
Brand equity
27
A marketing tactic that enables businesses to stand out from the competition by defining the area a company occupies in the customers mind and demonstrating how it differs from rivals
Brand positioning
28
Refers to a technological platform that makes it easier for people to share ideas, opinions, to online communities.
Social media
29
The social phenomena of individual internet users creating an online community over which they exercise commercial and non-commercial influence is known as
Influencer culture
30
Person who has power over the target audience in an industry or niche
Influencer
31
In the form of social media promotion that makes use of product recommendations and endorsements from influencers who are recognized as experts in their fields and have large social followings.
Influencer marketing