How to brand your private labels
Inge Geyskens,
Kristopher O. Keller,
Marnik G. Dekimpe and
Koen de Jong
Business Horizons, 2018, vol. 61, issue 3, 487-496
Abstract:
Private labels have become ever-more important and are slowly turning into brands of their own. Retailers increasingly offer three-level ‘good, better, best’ private-label programs that include economy, standard, and premium private-label tier goods. For each of these tiers, retailers must decide under what name to brand their private label. They can either assign their store banner name to a private-label tier or go for a unique brand name that is separate from the retailer banner. The purpose of this article is to outline the advantages and limitations of these two branding strategies: store-banner branding versus stand-alone branding. Herein, we also provide a series of recommendations regarding when to use each brand strategy, based on characteristics of the retailer and the environment in which it operates.
Keywords: Marketing; Retailing; Private-label products; Branding; Brand names; Brand strategy (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (12)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:61:y:2018:i:3:p:487-496
DOI: 10.1016/j.bushor.2018.01.015
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