Brand Equity
The value a brand adds to a product or service beyond the functional benefits, encompassing factors like brand awareness, perceived quality, and customer loyalty.
The value a brand adds to a product or service beyond the functional benefits, encompassing factors like brand awareness, perceived quality, and customer loyalty.
A phenomenon where group members make decisions that are more extreme than the initial inclination of its members due to group discussions and interactions.
Large Language Model (LLM) is an advanced artificial intelligence system trained on vast amounts of text data to understand and generate human-like text.
A cognitive bias where people overestimate the importance of information that is readily available.
A cognitive bias where people tend to remember the first and last items in a series better than those in the middle, impacting recall and memory.
The visual images, symbols, or modes of representation collectively associated with a subject, often used in design to communicate ideas quickly and effectively.
A thorough examination of a brand's current position in the market and its effectiveness in reaching its goals.
A mode of thinking, derived from Dual Process Theory, that is slow, deliberate, and analytical, requiring more cognitive effort and conscious reasoning.
A cognitive bias where individuals overestimate their ability to control impulsive behavior, leading to overexposure to temptations.