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Brand Preference

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Brand Preference
The extent to which a consumer makes purchasing decisions based on a brand name rather than the quality of a product or the price. Brand names include logos, catchphrases, symbols or even the name of the company itself. Most marketing campaigns are designed to convince consumers that a brand's product is superior, whether or not it actually is. For this reason, brand name products are often more expensive.


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However, in 2009, market research showed that loyalty, brand awareness and brand preference for Si.
Industry observers say that the continued decline in brand preference is likely more attributable to shopper's greater interest in finding the best value, as opposed to an increased preference in private label.
As we look to build brand preference, we are excited to expand our presence in the East Coast and introduce Hyatt Place to the Philadelphia area, which is a top destination for both business and leisure travellers.
 
 
 
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