Advertising and brand names are everywhere. What do you think would be the effec

Question

Advertising and brand names are everywhere. What do you think would be the effect of the elimination of brands by eliminating trademarks? (good or bad, and why?) Research findings related to the effects of video streaming and the ability to capture an audience for ads and marketing. Do you feel that the influence of marketing has declined or not? Support your claim with the evidence you found (include citation). Give an example of how you are influenced or not influenced by marketing? Do you find you are more or less exposed to ads than in the past? Explain.

Explanation / Answer

The effect of the elimination of the brands by eliminating trademarks is bad. Branding is essential for the economy and provides a fundamental service to the consumer, which differentiate one comepitating product from another. Which has several benefits:- it ensures that consumers can find the quality products they seek, it helps protect consumers choose the products they trust,  it makes producers accountable for their own goods and it helps distinguish legal from black market goods. By eliminating trademarks brands will be eliminated which will cause increase in black market activities.

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