Burberry Marketing

Essay specific features

 

Issue:

Business

 

Written by:

Dana M

 

Date added:

May 17, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1452

 

Was viewed:

1647 times

 

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Essay content:

Brand equity is an intangible asset that depends on associations made by the consumer. There are three perspectives from which to view brand equity: 1. Financial – One way to measure brand equity is to determine the price premium that a brand commands over a generic product. For example, if consumers are willing to pay $100 more for a branded television over an unbranded television, the premium provides important information about the value of the brand...
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For example, if consumers are willing to pay $100 more for a branded television over an unbranded television, the premium provides important information about the value of the brand. 2. Brand extensions – A successful brand can be used as a platform to launch related products. The benefits of brand extensions are the leveraging of existing brand awareness thus reducing advertising expenditures, and a lower risk from the perspective of the consumer...
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