Beruflich Dokumente
Kultur Dokumente
(2017188919)/A4AC1105B
Types of consumer
products
BRANDING is the major tool marketers have
to distinguish their products from those of
the competition. A brand is name, term,
symbol, design or combination that
identifies a seller’s product. Brand name is
the part of the brand that can be spoken
PRODUCT DECISION including letters, words and numbers. Brand
mark is the element of the brand that
According to Lamb (2013), a cannot be spoken such as symbols
PRODUCT can be defined as
everything, both favourable
and unfavourable, that one
receives in an exchange. It
Product identification
can be a tangible good, a
Differentiation of product
service, an idea, or a from others as an indicator
combination of these things. Benefits of of quality to consumers
branding
Sales repetition
Advertising Customers can identify
Facilitate new product
economies products they are
sales
satisfied with and wish to
Product lines Brand name are extremely buy again and avoid those
provide useful when introducing they do not
economies of new products
scale in
advertising
Package Equivalent
uniformity
Benefits of quality
Common look
but maintain
product Perceived as
PACKAGING – a container for protecting and
items, lines having
their similar promoting a product. Holding contains together and
individual and mixes quality
identities as a way of protecting the physical good as it moves
through the distribution channel.