Branding Ingredients
Philip Kotler () and
Waldemar Pfoertsch ()
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Philip Kotler: Northwestern University
Waldemar Pfoertsch: China Europe International Business School
Chapter Chapter 1 in Ingredient Branding, 2010, pp 1-13 from Springer
Abstract:
Abstract The fact that consumers are willing to pay more for a branded product is a well-accepted phenomenon in the business to consumer (B2C) industry. Whether it is for long-lasting quality, superior workmanship, or merely as a status symbol, brands like Mercedes-Benz, Chanel, and Sony command premium prices and exclusive reputation for their products.
Keywords: Brand Extension; Brand Management; Marketing Concept; Product Offering; Brand Strategy (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-04214-0_1
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DOI: 10.1007/978-3-642-04214-0_1
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