Latest News9th May 2011
Riaxe is announcing a workshop on Advanced Project Management.
14th April 2011
Team Riaxe celebrates its successful completion of 5 years.
Clients Speak @ Riaxe" Both Developers are doing a wonderful job to ensure that I receive quality and maximum functionality of the site.
The graphic designer is very quick to respond and efficient and effective with his duties."
Steven Smith, Canada |
Corporate branding refers to a company applying its name to a product. The product and the company name become the brand name. The company can advertise several of its products under a single brand name in a practice referred to as family branding or umbrella branding. By using corporate branding with a successfully marketed product, a company can familiarize consumers with its products and may create brand loyalty. If the public likes one product from this company, then they may seek out the brand name when buying other products. Corporate branding is usually only successful if the company is well known and sells reputable products with a positive image. One of the disadvantages of corporate branding is that the company can become identified with only one type of product. To consumers, corporate branding represents a level of quality that they have come to expect from the company. They will expect every product with the same brand name to have the same level of quality that they are familiar with. The company can increase sales by comparing one of their more popular products with a similar product by another company, showing sales figures to back up their promise. The value of the brand is determined by the profits the products have made. If profits are high, then the manufacturer is able to charge more for their product. RIAXE creates and defines corporate branding and corporate identity design allowing its clients to stand out in a crowded marketplace. |