Brand identify is a strong marketing concern but can never be an effective barrier to entry as it is easy for a competitor to counter.

Name: Brand identify is a strong marketing concern but can never be an effective barrier to entry as it is easy for a competitor to counter.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

Brand identity can be a significant barrier to entry as it creates customer loyalty and recognition, making it difficult for new competitors to attract the same customer base.

Brand Identify Is a Strong Marketing Concern but Can Never