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Brand Awareness

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When launching a product, would it be better to have the strength of a household brand name behind you or and up-and-coming unknown? Why? How does building awareness for your product differ between established companies and start-ups?

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Solution Summary

Building product awareness differ in established companies and start-ups is examined.

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The answer to this depends on the product. If a product is something that has been done before (for example, a new paper towel product that is reusable), then having a name like Brawny will definitely help since people identify that brand with quality, especially if they have used it before and have been satisfied. However, there is a downside to this as ...

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