Answered

IDNLearn.com: Where curiosity meets clarity and questions find their answers. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.

40% of sales at supermarkets in the carry the stores' own brand names. 20% of all supermarket sales in carry the stores' own brand names. And in the United States, 14% carry the stores' own brand names. These stores use a __________ strategy to sell other manufacturers' products with their own brand names. generic branding multibranding co-branding private branding multiproduct branding

Sagot :

Eooyibo123idn

Answer:

Private branding

Explanation:

Private branding is defined as the strategy used by mostly retail stores where they put their own brand on products that they sell. It is used on wide variety of products sold by retailers from cosmetics to food.

They are also called store brands or own brands.

In the given scenario the stores are selling other manufacturers' products with their own brand names. This is private branding

We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.