Examlex
Brandon is playing softball and hits almost every ball the pitcher throws.Which of the following is true of Brandon?
Brand Equity
Brand equity refers to the value a brand adds to a product or service, based on consumer perceptions, recognition, and loyalty.
Consistent
Characterized by steady and uniform actions, values, or results over time, showing reliability and predictability.
Focused
Concentrated or directed at a particular area, issue, or target with high attention and dedication.
Positioning Statement
A concise description of how a product or brand differentiates itself from competitors in the eyes of the target market.
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