Generic Brand

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Generic brand
Generic brands of consumer products (often supermarket goods) are distinguished by the absence of a brand name.They may be manufactured by less prominent companies, or manufactured on the same production line as a 'named' brand. Generics brands are usually priced below those products sold by supermarkets under their own brand (frequently referred to as "store brands" or "own brands"). Generally they imitate these more expensive brands, competing on price. Generic brand products are often of equal quality as a branded product, however the quality may change suddenly in either direction with no change in the packaging if the supplier for the product changes.
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MONASH Marketing DictionaryDownload this dictionary
Generic Brand
a "no-name" brand; a product that does not carry a brand name.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

Raynet Business | Marketing DictionaryDownload this dictionary
Generic, Generic Product, Generic Brand
product packaged and sold without brand name or advertisements.

Copyright © 2001, Ray Wright

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