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 M¢25  Funded By Mahalo ? |  August 23, 2009 04:27 AM

Does brand positioning allow companies to charge more for their products?

Do customers recognize brand and pay more for the brand product?

Are more customers ignoring brand and comparing features?
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August 23, 2009 05:17 AM
Of course brand positioning allows companies to charge more for a product. Look at companies like Gucci that can charge more for a watch simply by putting a letter G on it, or Apple can charge more for a notebook computer, or any major consumer product company can up the price of a product. There are many people who recognize a brand and pay more for it.

People will pay more for a bottle of water that says Fiji on it, than a bottle of water that says Evian, simply because they believe the brand is superior. People will pay more for a BMW or a Mercedes than an Infiniti, simply because companies position the brand. Some people ignore a brand, but there are always going to be people who buy for the brand, love the status of a product, and they will be sold by a brand.
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August 23, 2009 05:52 AM
Give an example of one Gucci product and the price difference between a generic brand of comparable quality

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August 23, 2009 05:55 AM
Is Fiji water superior to normal tap water?

Can you taste the difference between Fiji and Evian water?

Is Brand illogical?

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