Brand wars: Understanding the dynamics and getting around on the battlefield
Abstract
This paper examines the phenomenon of brand wars, which refers to the competitive battles between rival brands seeking to gain market share and consumer loyalty. Drawing on a review of literature from marketing and consumer behavior, as well as case studies of notable brand wars in various industries, the paper identifies key factors that contribute to the escalation and intensity of these conflicts. These factors include brand identity, product differentiation, pricing strategy, advertising tactics, and the use of social media and other digital channels. The paper also explores the implications of brand wars for companies, consumers, and society more broadly, highlighting both the potential benefits and drawbacks of such battles. Overall, the paper argues that brand wars are a pervasive and ongoing feature of the modern marketplace, and that understanding their dynamics and outcomes is essential for companies seeking to succeed in today's highly competitive business environment.
How to Cite This Article
Rudranath AS, Priyaranjan Behera (2023). Brand wars: Understanding the dynamics and getting around on the battlefield . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 4(4), 49-54.