Class 12 Business Studies - Chapter Marketing NCERT Solutions | How does branding help in differential p

Welcome to the NCERT Solutions for Class 12th Business Studies - Chapter Marketing. This page offers a step-by-step solution to the specific question from Exercise 1, Question 2: how does branding help in differential pricing....
Question 2

How does branding help in differential pricing?

Answer

By building brand acceptance and brand loyalty, a firm can charge a different price for its product from that of its competitors.

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