Answer :
The industry-low, industry-average, and industry-high branded operating benchmarks are of great value to the managers of companies whose costs per branded pair sold are above the industry average benchmark in at least two of the four geographic regions.
Which brand is most widely used?
Samsung, a computer and electronics business, is currently at the top of the list, making it the highest-ranked non-US corporation on the list of the top 10 brands in the world in 2022. It overthrows the dominant search engine company , which comes in second.
What determines a brand's success?
A few elements, such as a potent and instantly identifiable brand name, a distinct brand identity, and a clearly defined target market, contribute to the success of a brand. A successful brand also has devoted patrons who are eager to recommend it to other potential clients.
Why is branding crucial?
In addition to being what leaves a lasting impression on consumers, branding is crucial since it lets customers and clients know what to anticipate from your business. It is a strategy for standing out from the competition and emphasizing what it is about what you have to offer that makes you the better option.
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