High awareness among the target audience is only a necessary but not a sufficient condition for high equity.

Name: High awareness among the target audience is only a necessary but not a sufficient condition for high equity.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

While high awareness is an important factor in building brand equity, it is not enough on its own. Other factors such as positive associations, perceived quality, and brand loyalty also play a role in developing high equity.

High Awareness Among the Target Audience Is Only a Necessary