The Impact of Brand Awareness on Consumer Behavior
VerifiedAdded on 2021/02/22
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AI Summary
This assignment delves into the world of brand awareness and its influence on consumer decision-making. By examining various studies and research papers, it explores how brand awareness affects consumers' perceptions of product quality, their willingness to take risks, and their purchase intentions. The assignment also touches upon the importance of co-creation claims in shaping consumer-brand relationships and the role of premium pricing in luxury brands. With a comprehensive review of existing literature, this analysis provides valuable insights into the complex dynamics between brand awareness and consumer behavior.
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