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One Implication of the Concept of Brand Equity Is That

question 142

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One implication of the concept of brand equity is that the manner in which brand associations are formed does not matter. In other words, if a consumer has an equally strong, favourable, and unique brand association the impact in terms of brand equity should be


Definitions:

Self-presentation Strategy

A self-presentation strategy involves the tactics or methods individuals use to portray themselves in a certain way to others, often to be perceived positively or achieve specific social objectives.

Ingratiation

A social influence strategy involving deliberate efforts to win over someone by making oneself more likable or appealing to them.

Exemplification

The act of illustrating or showing by example; often used in teaching and explanation strategies.

Identification

Bolstering self-esteem by forming an imaginary or real alliance with some person or group.

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