Contemporary Marketing (MindTap Course List)
Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
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Chapter 13, Problem 3ALR
Summary Introduction

To discuss: The reason why brand equity is important to companies.

Brand equity is the additional value given to the product in the market place.

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Students have asked these similar questions
What is brand equity?
How can organizations effectively leverage brand hierarchies to create brand extensions or brand collaborations that drive innovation and market growth?
Why brand loyalty is a valued element of brand equity?
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