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Chapter 31 Vocabulary Review

AB
licensingthe legal authorization by a trademarked brand owner to allow another company to use its brand, brand mark, or trade character for a fee
packagethe physical container or wrapping for a product
trade charactera personified brand mark (human characteristics)
extensiona branding strategy that uses an existing brand name for a new or improved product in the line
brand namethe word, group of words, letters, or numbers that can be spoken
trademarka brand name, brand mark, trade character, or a combination of these that is given legal protection
brandname, term, design, or symbol that identifies a business or organization
labelan information tag or imprinted message that is attached to a product or its package
nationalproducer brand
genericproducts that have no brand name
trade nameidentifies the company or division of a company (legal name)
mixed brandbranding strategy used by companies offering a combo of manufacturer, private, and generic brands
private distributorbrand owned and initiated by wholesalers and retailers
brand markpart of a brand that is a symbol, design, or distinctive coloring or lettering
cobrandingworks well when two or more companies'brands complement each other

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