EBK PRINCIPLES OF MARKETING
EBK PRINCIPLES OF MARKETING
17th Edition
ISBN: 9780134461434
Author: Armstrong
Publisher: YUZU
bartleby

Concept explainers

Question
Book Icon
Chapter 8, Problem 8.4DQ
Summary Introduction

To discuss: The ways marketers use brand equity and brand value to build powerful brands.

Brand value and brand equity are measures that gauge how much a brand is value. The distinction between the two is that brand value alludes to the monetary resource that the organization records on its balance sheet, while brand equity alludes to the significance of the brand to a customer of the organization.

Blurred answer
Students have asked these similar questions
How does market segmentation differ from market targeting?(AACSB: Written and Oral Communication)
Explain the roles of market segmentation, market targeting,differentiation, and positioning in implementing aneffective marketing strategy. (AACSB: Written and OralCommunication)
2-4 Discuss how a new brand manufacturer would go about defining their market segments and then begin to target them. (AACSB: Communication: Reflective Thinking)
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
  • Text book image
    Marketing
    Marketing
    ISBN:9780357033791
    Author:Pride, William M
    Publisher:South Western Educational Publishing
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing