Social Sciences, asked by nishant79tanwar, 10 months ago

state one positive and one negative aspect of branding a product

Answers

Answered by okr9861
1

one major negative aspect of branding a product is the expense business owners may feel pressure to increase the price of their product

to compensate for the increase expense, which could cause customers to switch products.

the main purpose of branding is to differentiate the products and services of one product or business from those of competitors. the key advantages to having a strong brand include, successful brand building helps profitability by adding values by "adding values"that costumes are prepared to pay for.

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