With the growing realization
that brands are one of a firm’s
most valuable intangible assets, branding
has emerged as a top priority since
last one decade. Given its highly competitive
nature, branding has especially become
important in the retailing industry
to influence customer perceptions and
drive brand loyalty.
This paper offers an insight into
the need for retail brands, the economics
of retail brands, the impact of retail
brands on the elements of marketing
strategy and the role of retail brands
in building retailer’s brand
equity. Some important areas that
deserve further research are also
suggested at the end.
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