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FYC: BATTLE OF THE BRANDS
THE ROLE AND IMPORTANCE
OF BRANDING IN THE MODERN
WORLD


Sagot :

euniquereni

Answer:

The battle for brands in a world of private labels ... As a result, consumers are more willing to try new and different brands and believe they have more convenient ... While traditional advertising still has its role, many consumers, when ... For each of its products, a national brand should assess the value.

Explanation:

jayilych4real

Branding is the use of words, design and adverts to create a perception about a company and her products.

Branding is important in the modern world because:

  • It is used to tell a potential customer about the company and products
  • It helps set a company apart from a competitor
  • It builds a connection with its audience and make them feel they are a part of the company.

There exist battle among brands to show which one is the best, and these are done through different ways such as advertisement, etc.

This battle of brands helps because:

  • It helps the consumer make better informed decisions
  • It keeps market prices competitive

Read more here:

https://brainly.com/question/13425743

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