In: Economics
how does marketing branding work?
Marketing branding is practice of marketing to get signature if their product by creating name, logo or design that identifies the product among other products in market. Marketing branding promotes service or product. Marketing branding works in following ways-
1) First we have to establish the vision of our company. For what it wants to be known.
2) To identify and target the audience is very important in brand marketing. We will not succeed if we do not know our audience.
3) Consistency plays important role in brand marketing, as we have to continuously provide good quality service and product to our customers. In this way a strong bond of trust is made up between customer and product.
4) Establishing emotional connection always help to increase sales. By emotional connections customers are bound to the brand, they do not choose other brand over yours.
I hope this is helpful, thank you.