Co-Branding: Who Owns What?
Marketers and strategists are finding many ways to advertise and propagate their brand to increase the value of their brand and keep the numbers effervescent. New techniques ought to be devised to ensure the presence of brands in the market is salient and brimming with an influx of consumers. One such manner devised to benefit mutually from a partnership is a way of co-branding or ingredient branding by finding a mid-point and urging the customers of the counterpart to engage with one's brand. Let us put this on a scale and see where this technique would stand.
What is Co-Branding? Although a great marketing technique, co-branding is fused with the concept of cross-licensing of trademarks of different entities. The entities forge their trademarks to bring about a new product to attract consumer interest, which, in turn, increases sales.
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