The Aspect of Brands and Marketing Development in Pharmaceutical Industry in Transition Countries
International Journal of Operations and Logistics Management
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Title |
The Aspect of Brands and Marketing Development in Pharmaceutical Industry in Transition Countries
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Creator |
Dickov, Dr. Veselin; Institute for the health protection of students, Dr. Sime Milosevica 6, 21000 Novi Sad
Igić, Dr. Saša; University Business Academy in Novi Sad, Cvećarska 2 |
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Subject |
Branding in Pharmaceutical industry, Pharmaceutical market, Pharmaceuticals Management-Market mix
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Description |
The product is something made in factory; a brand is something that is bought by a customer. A product can be copied by competitor; however, a brand is unique. A product can be quickly outdated but a successful brand is timeless.’ Developing a successful brand yields numerous consumer benefits, and leads to easier accomplishment of market goals as well; reduced marketing costs due to high levels of brand recognition and express brand loyalty. The basic function of any trademark or brand is to make the product unique, different from others. ‘A brand is a name, term, sign, symbol, or design, or a combination of them, intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors.
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Publisher |
Academy of Business & Scientific Research
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Contributor |
—
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Date |
2013-12-09
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/ijolm/article/view/19
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Source |
International Journal of Operations and Logistics Management; Vol 2, No 4 (2013): December; 49-57
2309-8023 2310-4945 |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/ijolm/article/view/19/18
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Rights |
Copyright (c) 2014 International Journal of Operations and Logistics Management
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