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