Brand and Advertising Strategies: Key Concepts
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Brand Awareness and Advertising Strategies
Brand Awareness: How present is your brand in the market? Is it recognized by the public?
Brand Image: What image do you project to your customers?
Brand Loyalty: Dedication to purchasing the same product or service repeatedly, now and in the future, from the same brand, regardless of a competitor's actions or changes in the environment.
Brand Stretching: When a company tries to launch products outside its core group. Example: Zara / Zara Home.
Announcement vs. Advertisement: An announcement is an act of announcing or giving notice, while an advertisement is a commercial solicitation designed to sell a commodity, service, or similar (marketing).
What Makes a Good Advertisement?
A good advertisement is:
- Clever
- Powerful
- Catchy
- Inspiring
- Uses