Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.


A Functioning Society: Community, Society, and Polity in the Twentieth Century (ed. Transaction Publishers, 2011) - ISBN: 9781412814119


Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and...

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and...

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and...

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and...