Marketing Essentials Ch. 31

brand

name, term, design, symbol, or combination that identifies a product or service and distinguishes it from its competitors.

brand name

also called a product brand, is a word, group of words, letters, numbers that represent a product or service.

trade name

corporate brand, identifies and promotes company or division of a particular corporation.

brand mark

unique symbol, coloring, lettering, or other design element.

Trade character

a specific type of brand mark with human form or characteristics.

trademark

a word, name, symbol, device, or a combination of these elements that is given legal protection by the federal government.

national brands

also called producer brands, are owned & initiated by the manufacturers or by companies that provide a service.

private distributor brands

also called private brands, store brands, dealer brands, or private labels. are developed & owned by wholesalers and retailers.

generic brand

products with no company identity.

brand extension

branding strategy using existing brand name to promote a new or improved product/company

brand licensing

allow other organizations to use your company brand name or mark for a fee.

mixed brand

combination of national, private, and generic brands

co-branding

combine one or more brands to deliver a product or service

Package

the physical container or wrapping for a product.

mixed bundling

the practice of packaging different products and services together.

price bundling

selling two or more goods or serivce as a sinlge package for one price.

blisterpacks

packages with preformed plastic molds surrounding individual items arranged on a backing.

aseptic packaging

a food storage process that keeps food fresh without refrigeration for extended periods of time.

cause packaging

packaging that is used by companies to promote social and political causes.

label

An information tag, wrapper, seal, or imprinted message that is attached to a product or its package.

brand label

label giving the brand name, trademark, or logo.

descriptive label

a label that gives information about the product's use, construction, care, performance, and other features.

grade label

a label that states the quality of the product.