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It's a Brand, Brand, Brand World
PM006
27
Marketing
11th Grade
04/03/2014

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Cards

Term
Brand Extension
Definition
The brand strategy of using successful brands to introduce new products
Term
Brand Insistence
Definition
The stage of brand loyalty in which consumers insist upon buying a specific brand
Term
Brand Licensing
Definition
The legal authorization by a brand owner to allow another company to use the brand in exchange for a fee
Term
Brand Loyalty
Definition
Customers’ allegiance to a particular brand
Term
Brand Mark
Definition
A distinctive symbol, design, sound, or group of letters which is seen or heard but cannot be spoken
Term
Brand Name
Definition
The part of a brand which can be spoken, such as a word, a phrase, a letter,a number, or any combination of these
Term
Brand Positioning
Definition
A branding strategy in which marketers create a certain image or impression of a brand as compared to those of competitors’ brands
Term
Brand Preference
Definition
The stage of brand loyalty in which consumers prefer to purchase a certain brand but will accept substitutes if the brand is not available
Term
Brand Recognition
Definition
The stage of brand loyalty in which consumers are made aware of a brand’s existence
Term
Brand Strategies
Definition
The actions a business takes with a brand in order to accomplish its goals
Term
Branding
Definition
The ongoing decision-making process about the use of brands
Term
Co-Branding
Definition
A brand strategy that involves businesses joining forces for mutual benefit and to increase brand recognition, customer loyalty, and sales for both brands
Term
Differentiation
Definition
The act of distinguishing between or separating two or more things
Term
Family Brand
Definition
A category of brands in which one brand is used for a group of related products in a product line
Term
Generic Item
Definition
unbranded product that is plainly packaged, has lower or standard quality, is sold at a lower price than a branded product, and receives little or no promotion
Term
Individual Brand
Definition
A category of brands in which different brands are used for products owned by one company
Term
Intermediaries
Definition
Channel members operating between the producer and the consumer or individual user to help in the movement of goods and services
Term
Manufacture's Brand
Definition
Brand for which the manufacturer assumes all the responsibility
of branding
Term
Market Share
Definition
An organization’s portion of the total industry sales in a specific market
Term
Private Brand
Definition
Brands owned by intermediaries
Term
Product Brand
Definition
A name, term, symbol, or design (or combination of them) that identifies a product and distinguishes it from competitors’ products
Term
Product Line
Definition
A group of related product items
Term
Taboo
Definition
Something that is forbidden or avoided due to cultural beliefs
Term
Trade Character
Definition
A brand mark that has been personified and made to seem lifelike
Term
Trade Name
Definition
The name that is used to identify a company or an organization
Term
Trademark
Definition
A brand that is owned by a business; designated by the symbol ™
Term
URL
Definition
Uniform Resource Locator; web site address
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