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Marketing Advantages of Strong Brands

(2013-02-02 23:21:22)

Improved perceptions of product performance

Greater loyalty

Increased marketing communications effectiveness
Less vulnerability to competitive marketing actions

Less vulnerability to marketing crises

More inelastic consumer response to price increases

More elastic consumer response to price decreases

Larger margins
Greater trade cooperation and support

Possible licensing opportunities

Additional brand extension opportunities

Improved employee recruiting and retention

Greater financial market returns



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