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Brands
Essay specific features
Written by:
Clarence G
Date added:
August 11, 2014
Level:
University
Grade:
A
No of pages / words:
9 / 2492
Was viewed:
2686 times
Rating of current essay:
Essay content:
It is important, therefore, to understand what brands are and why they are important.
Macdonald sums this up nicely in the following quote emphasising the importance of brands:
“…it is not factories that make profits, but relationships with customers, and it is company and brand names which secure those relationships”
Businesses that invest in and sustain leading brands prosper whereas those that fail are left to fight for the lower profits available in commodity markets...
displayed 300 characters
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It is important, therefore, to understand what brands are and why they are important.
Macdonald sums this up nicely in the following quote emphasising the importance of brands:
“…it is not factories that make profits, but relationships with customers, and it is company and brand names which secure those relationships”
Businesses that invest in and sustain leading brands prosper whereas those that fail are left to fight for the lower profits available in commodity markets...
displayed 300 characters
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