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A brand community is a concept in marketing and consumer research which postulates that human beings form communities on the basis of attachment to a brand or marque. [1] A brand community refers to structured social relationships in which participants share admiration and connection of a brand that they experience through shared rituals, traditions and a sense of responsibility towards other ...
When a brand praises a competitor, rather than using a negative comparison, consumers are shown to have more positive brand attitudes, therefore drawing them to the brand. [20] Brands may advertise themselves in ways that have nothing to do with their product, but by using emotional influences that they know the average consumer will engage with.
Emotional branding allows companies to create a relationship with its consumers that is based on mutual respect. This approach would help potential consumers to have a positive attitude towards the product, creating an attraction between the brand and the items being sold without being forced to purchase. ii. From Product → to Experience
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But the addition of Dunkin' to Inspire makes it the "most balanced across the dayparts of any of the restaurant companies," the CEO said.The acquisition also gives Inspire a much-needed lift in ...
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A lifestyle brand is a brand that is intended to embody the values, aspirations, interests, attitudes, or opinions of a group or a culture for marketing purposes. [1] Lifestyle brands seek to inspire, guide, and motivate people, with the goal of making their products contribute to the definition of the consumer's way of life.
Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share.The Street's mostly supportive of the deal ...