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Brand
(redirected from brand-name)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia, Hutchinson 0.01 sec.
Brand
Anything that distinguishes a company's product from other, similar products. Examples of brands include logos, catchphrases, or symbols. Brands make a product more recognizable and therefore are likely to attract customers and customer loyalty. There is often a sense among consumers that brand products are somehow better than off-brand or generic products; as a result, brand products are usually more expensive.


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Prescription drugs are a major contributor to the double-digit increases in health-care costs, and insurers have saved money by encouraging consumers to choose generic drugs over brand-name drugs when it's appropriate.
Few firms have been willing to make that jump from OEM to brand-name marketing or to handle more than just design and manufacturing for their customers.
Of the targeted members, 15 percent switched from a more costly brand-name drug to a generic equivalent.
 
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