Subject category:
Strategy and General Management
Originally published in:
2020
Length: 10 pages
Data source: Published sources
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Abstract
Branding strategy in marketing is one of the most critical strategies for any organization to enter, develop and sustain in the market. Marketing strategy creates awareness, updates customers and prospects about new products and modifications, and adds competitive advantage for any organization. Effective marketing mix communicates the product's features, USPs and differentiating points, which differentiate any product from competitor products. Branding helps an organization / product to develop a specific brand personality among customers and prospects. Deciding the effective mix of all the branding strategies is one of the important decisions of any organization, which determines the success of brand creation and management. All the marketing strategies must be integrated with each other so that all together can strengthen the intensity of any brand.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.About
Abstract
Branding strategy in marketing is one of the most critical strategies for any organization to enter, develop and sustain in the market. Marketing strategy creates awareness, updates customers and prospects about new products and modifications, and adds competitive advantage for any organization. Effective marketing mix communicates the product's features, USPs and differentiating points, which differentiate any product from competitor products. Branding helps an organization / product to develop a specific brand personality among customers and prospects. Deciding the effective mix of all the branding strategies is one of the important decisions of any organization, which determines the success of brand creation and management. All the marketing strategies must be integrated with each other so that all together can strengthen the intensity of any brand.