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Intro to Marketing CHAPTER 31

AB
BrandA name, term, design, or symbol (or combination of them) that identifies a business or organization and its products
Brand NameThe word, group of words, letters, or numbers representing a brand that can be spoken
Brand MarkThe part of the brand that is a symbol or design
Trade NameIdentifies the company or a division of a particular corporation
Trade CharacterA brand mark with human form or characteristics
TrademarkA brand name, brand mark, trade name, trade character, or a combination of these that is given legal protection by the federal government
Manufacturer BrandsOwned and initiated by manufacturers
Private Distributor BrandsOwned and initiated by wholesalers and retailers
Generic BrandsRepresent a general product category and do not carry a company or brand name
Brand ExtensionA branding strategy that uses an existing brnad name for an improved or new product in the product line
Brand LicensingThe legal authorization by a trademarked brand owner to allow another company (the licensee) to use its brand, brand mark, or trade character for a fee
Mixed-Brand StrategyInvolves simultaneously offering a combination of manufacturer, private distributor, and generic brands
Co-Branding StrategyCombines one or brands to increase customer lotalty and sales for each individual brand
PackageThe physical container or wrapping for a product
LabelAn information tag, wrapper, seal, or imprinted message that is attached to a product or its package



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