Brand personality refers to a set of characteristics or qualities similar to those of human beings that become associated with a brand. In other words, when a brand is expressed in terms of human traits and characteristics, it is known as brand personality. It could relate to age, gender, socioeconomic status, and psychographic, emotional, and socio-graphic characteristics. Brand Personality is [...]
Supply Chain Management includes, planning, design, control and implementation of all business processes related to procurement, manufacturing, distribution and sales order fulfilment functions of a business. Thus Supply Chain Management includes managing supply and demand, sourcing raw materials and parts, manufacturing and assembly, warehousing and inventory tracking, order entry and order management, distribution across all channels, and delivery to the [...]
"Product Positioning refers to a brand's objective (functional) attributes in relation to other brands. It is a characteristic of the physical product and its functional features". Product positioning means "relating a product to the market." In simple words, group of customers with common characteristics are first identified. It also involves analysis of product strengths and weaknesses and competitor's ability to [...]