Question

Though branding adds to the cost, it provides several advantages to the consumers. In the light of the statement, state any three advantages of branding to customers.

Answer 1

Advantages of branding to customers:

• Helps in Product Identification: helps the customers In identifying the products.

• Ensures quality: Ensures the quality of the product.

• Status Symbol: Brands become status symbols because of their quality E.g.: Benz cars.