23. Which of the following statements regarding the "battle of the brands" is true?
a) It is pretty well over as the
dealers now control the marketplace.
The battle is certainly not over and dealers
don't exactly control the marketplace, although their power has increased
compared to the manufacturers.
b) Middlemen have no real advantages
in the battle of the brands.
On the contrary, middlemen (retailers mainly)
have an advantage, since more brands also means more selection, which is
something consumers look for.
c) If the present trend continues,
manufacturers will control all middlemen.
The opposite might be true, although it is unlikely
that either manufacturers or middlemen will control the marketplace altogether.
d) Manufacturer brands may be
losing ground to dealer brands.
This is the correct answer: dealer brands have
achieved a high level of success with consumers, resulting in less brand
loyalty to manufacturers' brands.
e) The battle of the brands has
increased the differences in price between manufacturer brands and dealer
brands.
As a preventive strategy, manufacturers were
forced to reduce their prices to keep some competitiveness against dealer
brands. Therefore, the differences in prices has decreased rather than
increased.
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