Differential effect that brand knowledge has on consumer response to the marketing of that brand is known as:
ABrand Identity
BBrand Awareness
CBrand Loyalty
DCustomer-Based Brand Equity
Explanation
* Customer-Based Brand Equity (CBBE), conceptualized by Kevin Lane Keller, reflects added value endowed upon products by brand names.
* Positive CBBE allows brands to command price premiums, higher customer loyalty, and easier extension launches.
* Core building blocks include brand salience, imagery, performance, feelings, judgments, and resonance.
Exam Relevance
- Topic: Branding Strategy
- Subtopic: Brand Equity

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