Marketing (Fach) / Branding and Brand Management (Lektion)
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The Leveraging Process (3rd means of building brand equity)
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Brands can leverage secondary associations to build brand equity:
- brands can be linked to other entitites
- brands borrow brand knowledge so that people's associations with other important brands slop over to the own brand
example: Aldi connecting itself to "Swissness" so that people from switzerland buy at Aldi, too .
Linking the brand to some other entity may:
- create a new set of associations from the brand to the entity
- affect the existing brand associations
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