Friday, February 8, 2019

Difference Between Marketing And Branding

Difference Between Marketing And Branding
The major dissimilarities or differences between marketing and branding can be highlighted as follows:
1. Introduction
Marketing: It is a business process of identifying the need, producing the product, promoting and distributing  that product to the marketplace for selling purpose.
Branding: It is a act of providing unique name, sign, symbol or design to a firm's product which helps to recognize the product easily.

2. Type Of Strategy

Marketing: It follows both pull and push strategy for business
Branding: It is a pull strategy of a business firm

3. Refers To

Marketing: A business process which includes several functions such as production, promotion, distribution etc.
Branding: It is a product identity only

4. Useful For

Marketing: It is useful for business organizations
Branding: It is useful for buyers
difference-marketing-branding


5. Generation/Creation

Marketing: It generates needs and demand for the product
Branding: It creates create strong relationship with customers

6. Part Of Or Whole

Marketing: It is a whole process of business
Branding: It is a part of marketing process

   
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7. Nature

Marketing: It is tactical in nature
Branding: It is strategic in nature

8. Objective

Marketing: Satisfaction of customers 
Branding: To build customer loyalty

Marketing Vs Branding (Comparison Chart)

Basis Of Difference

Marketing
Branding
Introduction

Identifying customers' need, producing the products and distributing them for selling purpose 
Providing name, symbol, or design to the product that makes easy to recognize a firm's product
Type Of Strategy

Pull and push
Pull
Refers To

Production, promotion, distribution etc.
Product Identity
Useful For

Business organizations
Buyers
Creation

Needs and demand
Customer relationship
Part Of Or Not

Whole process
Part of marketing
Nature

Tactical
Strategic
Objective/Purpose

Customer satisfaction
Customer loyalty

I hope this post is helpful to understand the difference between marketing and branding and to make comparison between them.