A brand is a product or service that is publicly set apart from the products or services of other companies, and, thus, can be easily communicated and marketed as such.
A brand can be trademarked in the form of a name, company name, slogan, technical term, logo or combinations thereof, as long as the chosen brand renders the product or service distinguishable from products and services provided by other companies.
- Day-to-day business and the pressure of speedy master data management result in a high number of product brand data creation requests.
- However, product brands are much more than simple keywords or an easy way to display a logo: brands are proper product identifiers used on our platform, by other platform operators and by search engines.
This is why creating and maintaining brand master data requires due diligence. There is no reason for assigning “no name” to a brand product during master creation just to speed up the time-to-market process. If you are dealing with a product sold under a genuine brand name, and have made sure you compiled all the required information beforehand, creating the relevant product brand master data will only take a couple of minutes!