Promotional costs are higher in individual branding than in family branding.

Name: Promotional costs are higher in individual branding than in family branding.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Individual branding requires separate marketing efforts, advertising, and brand development for each product, leading to higher promotional costs compared to family branding, where multiple products share the same brand identity, reducing overall marketing expenses.

Promotional Costs Are Higher in Individual Branding Than in Family