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Logic - Branding

Branding increases demand for the product by generating greater awareness of the brand. In MikesBikes-Advanced, this allows product advertising to be more effective and depends on brand spend and the carryover from previous periods.

A budget can be allocated to brand advertising, which will have an effect on the recognition and recall of your firm's brand by consumers. A high level of brand recognition will make your advertising advertising more effective, and any new products you launch will start with a higher level of awareness. Brand recognition is carried over time, but some forgetting occurs. Any new brand advertising adds cumulatively to what remains from previous periods after forgetting.

See Also

Logic - Advertising