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How Brands Influence Purchase Decisions

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Abstract

Many people—particularly those outside marketing—often overestimate the importance of brands to their consumers. Brands do serve as important signals of quality, meaning, and value, but on a day-to-day basis, people rarely invest much time and thought in them. Brands become most important when people need to make a decision between alternatives, and this is when marketing can have one of its strongest effects.

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Notes

  1. Brian McElree, “Working Memory and Focal Attention,” Journal of Experimental Psychology: Learning, Memory and Cognition 27, no. 1 (2001): 817–35.

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© 2013 Nigel Hollis

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Hollis, N. (2013). How Brands Influence Purchase Decisions. In: Brand Premium. Palgrave Macmillan, New York. https://doi.org/10.1007/978-1-137-51038-9_2

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  • DOI: https://doi.org/10.1007/978-1-137-51038-9_2

  • Publisher Name: Palgrave Macmillan, New York

  • Print ISBN: 978-1-137-27991-0

  • Online ISBN: 978-1-137-51038-9

  • eBook Packages: MedicineMedicine (R0)

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