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Q.

What impact branding has on fast changing consumer mindset? Your views?

Asked by Good Citizen, 05 Aug '10 01:25 pm
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Answers (3)

 
1.

To build up a brand name is a sustained and laborious task, and ensuring consistent quality of the product through out, and also further imrpoving on the quality of the product ,imbibing the state of the art technology is a must for reatining the brand value and also the consumer loyalty, in this highly competitive world. All successful brands have a status and status has an impact on the quality conscious, discerning customer.In this consumerist society, brand value plays a significant role in the status of an individual. For example, consider the shoes being worn by all those middle aged and even senior citizens, doing the morning walk or jogging. You can find a niche class among this lot, who will be wearing expensive Nike, Adidas etc where, a pair of cheaper canvas shoes will suffice. The lesser mortals will be going in for affordable, cheaper varieties of sports shoes for the purpose of jogging or morning walk, but the class conscious elite group will always fall in for a high br ...more
Answered by thampy chacko, 05 Aug '10 05:48 pm

 
  
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2.

Most difficult to build a brand
Answered by anil garg, 15 Aug '10 04:04 pm

 
  
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3.

No branding no profit
Answered by dhanendra kumar jain, 05 Aug '10 01:48 pm

 
  
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