Branding Notes Review

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These flashcards cover key vocabulary and concepts related to branding, designed for exam preparation.

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15 Terms

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Brand

A set of tangible and intangible attributes that create awareness and identity, building the reputation of a product, service, person, place, or organization.

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Branding

The process of creating a strong, positive perception of a company, its products, or services in the customer's mind through design, messaging, and consistent marketing.

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Brand Identity

The unique combination of elements that create a distinct image and perception of a brand in consumers' minds.

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Brand Awareness

A customer's level of familiarity with a product or service, marking the beginning of their interest and relationship with a brand.

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Brand Image

The general impression and associations a customer has about a brand, shaped by their experiences and advertising.

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SWOT Analysis

A comprehensive analysis of a firm's strengths, weaknesses, opportunities, and threats to inform branding and marketing strategies.

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Customer Loyalty

A strong emotional connection that leads consumers to repeatedly purchase a brand's products or services.

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Co-branding

A strategy that involves partnering with another brand to enhance reach and exposure.

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Differentiation

The process of showcasing what makes a brand unique and distinct from its competitors.

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Brand Elements

The unique aspects of a brand, such as logos, messaging, and values that shape public perception.

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Endorsed Brands

Brands that retain their own identity but are connected to and benefit from the reputation of a master brand.

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House of Brands

A brand architecture where multiple brands are managed under a parent brand, allowing each to operate independently.

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Big Idea

A central, compelling concept that encapsulates the essence of a brand and differentiates it from competitors.

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Brand Experience

The sum of all interactions a customer has with a brand and how those interactions foster relationships and loyalty.

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Brand Resonance

The emotional connection between a consumer and a brand, influencing their purchasing behavior.