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How to Choose the Perfect Brand Name

In the past, industrial countries believed that they could gain more market share by increasing the ability of their vendors, expanding sales channels and speeding up product delivery to customers; an absolutely correct opinion at the time, which is presently prevalent among a vast majority of companies working in my motherland, Iran, and to some extent among companies in other countries. Soon, business owners realized that such a cycle can not bring about sustainable competitive power for them, because the advent of new products about which consumers and the society were more willing to talk caused that channels, numerous sales representatives and even most market share quickly lose their sales share and, in some cases, be permanently removed from the competitive market or withdraw from it despite the fact that they had powerful negotiators and vendors.

Marketing Strategy: Leverage Market Gaps and Cracks

Permanent Challenges of Market Demand New Answers   Student: Dr. Einstein, Aren’t these the same questions as last year’s final exam?Dr. Einstein: Yes; but this year, the answers are different. I have heard this Einstein story several times. Although I am not entirely sure of its authenticity, I believe its essence perfectly applies to marketing...

11 Common Marketing Misconceptions

In the fast-paced world of marketing, certain misconceptions can derail even the most well-intentioned campaigns. Many marketers hold onto outdated beliefs that lead to missed opportunities and failed strategies. While these ideas might seem logical on the surface, they often result in poor outcomes. It’s time to challenge these common marketing misconceptions and adopt more...

Al Ries Shares His Thoughts on the Hyundai Brand

Consumers differentiate between "models" and "brands." Genesis and Equus are not brands, they're models. And because consumers consider them to be models, their reputation is linked to the Hyundai name. And most consumers in America, for example, consider Hyundai to be a "cheap" vehicle, not a "luxury" vehicle.

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