How Your Local Business Can Leverage Brand Equity

Many confuse the concepts of brand value and brand equity. Toward clarifying, brand value is the quantitative financial worth of a brand to a company, reflecting its monetary impact on the bottom line; while brand equity is the aggregate of customer’s qualitative,...

How To Avoid Commoditization

Short of losing your entire market share due to a sudden disruptive innovation or a major regulatory change that completely invalidates your business model, there is little that can have a more negative impact on your business than commoditization. Business...

Why Is Brand Differentiation Important to Your Local Business?

Brand differentiation is critical to the success of local businesses because it allows you to stand out from competitors in your immediate market, attract customers by highlighting your unique value and selling proposition, builds customer loyalty, and ultimately...
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