Brand create favorable attitude of the customers. But to make it favorable there has some problem faces at the time of branding. There are three main problem of branding. These are as follows…………
1. Excess promotion cost: it is very much needed to inform
final customer after establishing a brand or org. to make it satisfied, a firm
has to take different of promotional activities or programs. This needs to more
cost. So, high promotion cost is a notable problem of branding.
2. Quality servicing for long period of time: to face
competition in the competed world and need to sustain, the brand loyalty a firm
needs to maintain the quality of that brand for long period of time. Always not
possible to perform, it is very difficult. So, maintenance of quality for long
period of time is another problem of branding.
3. Consuming time and money: time and the money leads to success.
Proper timing and proper allocation of money. Time and money is the main
objective of branding is to create brand loyalty. It needs a lot of time to
establish a brand. So, branding is time consuming. And all of the activities
needs money.
Nice article on Brand Equity.
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