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Updated on Oct 6, 2021education

What is brand hierarchy?

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1 Answers

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Deep Thought Wanderer
Answered on Oct 6, 2021

The distinguish between the products of Same demand brand is known as brand hierarchy.For example Apple phone is a brand,but there are different products of Apple phone like Apple SE,Apple iPhone 13,Apple iphone12.For expanding the brand name companies diversify their products by introducing new products.At this time they make a graph chart which is well understood as brand hierarchy.Brand hierarchy is very helpful in modifying the products,introducing new schemes & techniques to bring out something new.

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