Brand Strategies and Product Life Cycle: Pricing Techniques
Posted by Jose Carlos Teruel Torregrosa and classified in Spanish
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Brand Strategies
If a single product is damaged, the entire brand image can be affected. Brand strategy is usually used for similar products.
Multiple Brands
- Individual brand strategy: Using a different name for each product.
- Product line brand strategy: Using the same name for products that have a relationship with each other.
- Second brand strategy: Used by companies that have other, more prestigious brands in the market. Objective: To cover a larger market segment.
Distributor Brands
These are brands manufactured by a specific industry and offered to the consumer under the name or brand of the distributor or retailer, who will be the one to carry out all promotional and communication activities regarding them.
Product Life Cycle
Products have a life... Continue reading "Brand Strategies and Product Life Cycle: Pricing Techniques" »