Posts

Showing posts from November, 2022

What is brand awareness? A definition and how to improve it?

Image
Brand Awareness: Brief Definition: Awareness   is a marketing term used to define the popularity of a brand . A percentage can be used to determine how many respondents are genuinely familiar with a given brand. The definition of this notoriety revolves around three levels of recognition, making it possible to obtain more detailed statistics. What is notoriety? Detailed definition Brand awareness is an important factor for any business because it can influence  consumers' purchasing decisions in many situations. The brand name is very important in what is defined as “low-involvement situations,” that is, times when shoppers no longer consider the actual price or functionality of the product. In this specific case, consumers are more sensitive to the name of the brand, if it is recognized in its market, because it implies that the product has been “tested and approved”. However, there are other situations where brand awareness is also important, such as in  B2B  ...