22 Facts About Brand awareness

1.

Brand awareness is the extent to which customers are able to recall or recognize a brand under different conditions.

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2.

Brand awareness is one of two dimensions from brand knowledge, an associative network memory model.

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3.

Brand awareness is a key consideration in consumer behavior, advertising management, and brand management.

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4.

Brand awareness is closely related to concepts such as the evoked set and consideration set which include the specific brands a consumer considers in purchasing decision.

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5.

Brand awareness is related to the functions of brand identities in consumers' memory and can be measured by how well the consumers can identify the brand under various conditions.

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6.

Brand awareness plays an important role in the consumer's purchasing decision-making process.

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7.

Brand awareness is strengthened by its brand-related associations such as the consumers' evaluation of the brand and their perceived quality of the brand.

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8.

Brand awareness is a key indicator of a brand's market performance.

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9.

Brand awareness is one of the major brand assets that adds value to the product, service or company.

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10.

Brand awareness equity is the sum of assets and liabilities relating to a brand, its name and logo, and the sum or difference is the value that is offered by the product or service or a company or the company's customers.

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11.

Brand awareness is divided into two components: brand recall and brand recognition.

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12.

Brand awareness recall is known as unaided recall or spontaneous recall and refers to the ability of the consumer to correctly generate a brand from memory when prompted by a product category.

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13.

Brand awareness recognition is known as aided recall and refers to the ability of the consumers to confirm that they have seen or heard of a given brand before.

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14.

Top-of-mind awareness is relevant when consumers make a quick choice between competing brands in low-involvement categories or for impulse type purchases.

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15.

Brand awareness is closely related to the concepts of the evoked set and the consideration set.

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16.

Brand awareness dominance occurs when, during brand recall tests, most consumers can name only one brand from a given category.

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17.

Brand awareness dominance is defined as an individual's selection of only certain brand names in a related category during a brand recall procedure.

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18.

Just as different types of brand awareness can be identified, there are a variety of methods for measuring awareness.

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19.

Brand awareness is a standard feature of a group of models known as hierarchy of effects models.

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20.

Hence, brand awareness is an indicator of sales performance, but does not account for all sales performance.

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21.

All hierarchical models indicate that brand awareness is a necessary precondition to brand attitude or brand liking, which serves to underscore the importance of creating high levels of awareness as early as possible in a product or brand life-cycle.

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22.

Alhaddad indicates that advertising awareness plays as a good source of meaning and identity for a brand by enhance brand awareness and brand image in social media.

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