ProductBranding

A business will brand its products so that those products have a strong identity. This makes the product more recognisable to customers and making it stand out from competitors.

Well known products often have memorable branding.

Branding uses and promotes logos, slogans and unique design. The image of the brand is all important and this image is created through promotion. Brands cost a lot of money to build up.

Branding is often associated with delivering a high quality product. This can relate to premium or in some cases luxury items. For example Rolls Royce or Gucci are brands that are presented as luxurious and therefore expensive to buy.

Branding can also be used to promote cheaper products or budget services. A customer paying for an inexpensive hotel room will still expect a certain level of comfort and cleanliness from a trusted budget brand but won’t expect the same level of service or comfort found in a branded luxury hotel.

A successful brand may be imitated by other businesses. For example Businesses also promote their 'own brand' versus a 'known brand.' Eg some supermarket colas use red packaging to imitate the market leader.