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Brands
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The gathering of information about what buyers need or want
research
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When a company has a new product, it gives it a catchy..
name
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A set of products of a particular type
range
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The use of a well-known person to advertise products.
endorsement
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A company's market ...is the percentage of sales it has in a particular market.
share
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The introduction of a product to the market.
launch
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The market ...is the second best-selling product or brand.
challenger
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A good product is one that can .....most, or all, of the customer's expectations.
meet
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A market ... is a group of customers of similar age, income level and social need
segment
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Using an established name on another sort of product is called
brand stretching
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Giving a name to a product so that people can recognise it easily by its name or design.
branding
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The knowledge people have of a brand is called
awareness
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It starts with the product design, and ends when it is discontinued.
lifecycle
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The ideas and beliefs people have about a brand
image
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if you keep buying a particular brand, you show
loyalty
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The market... is the best-selling product or brand in a market.
leader
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