TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS

The development of modern business depends to a large extent on consumers and their choice. This is a reason for the companies to compete in creating powerful trademarks through which to attract more consumers and gain a greater market share. Objects of scientific interest in this study are the form...

Full description

Saved in:
Bibliographic Details
Main Author: V. Nikolova-Minkova
Format: Article
Language:English
Published: Trakia University 2020-12-01
Series:Trakia Journal of Sciences
Subjects:
Online Access:http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/68_V.Minkova.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849338065345052672
author V. Nikolova-Minkova
author_facet V. Nikolova-Minkova
author_sort V. Nikolova-Minkova
collection DOAJ
description The development of modern business depends to a large extent on consumers and their choice. This is a reason for the companies to compete in creating powerful trademarks through which to attract more consumers and gain a greater market share. Objects of scientific interest in this study are the formed image of the trademarks and the degree of consumer loyalty to them that affects the value of the brands. The purpose of the present study is to explore the leading European brands and to analyze the conditions for developing their competitiveness. In this regard, by applying empirical methods of research (study, comparison and analysis of expert assessments), the paper clarifies the essence of the trademarks and brands and considers the formation of their value based on the image built. The results of the methods used reveal the most valuable for European trademarks, as well as the prerequisites for forming consumer loyalty to them. In conclusion, recommendations are made to increase the competitiveness of brands, which can contribute to increasing consumer loyalty.
format Article
id doaj-art-4c3f832cbf7b46c58d2924698541e87b
institution Kabale University
issn 1313-3551
language English
publishDate 2020-12-01
publisher Trakia University
record_format Article
series Trakia Journal of Sciences
spelling doaj-art-4c3f832cbf7b46c58d2924698541e87b2025-08-20T03:44:32ZengTrakia UniversityTrakia Journal of Sciences1313-35512020-12-0118Suppl. 141041610.15547/tjs.2020.s.01.068TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESSV. Nikolova-MinkovaThe development of modern business depends to a large extent on consumers and their choice. This is a reason for the companies to compete in creating powerful trademarks through which to attract more consumers and gain a greater market share. Objects of scientific interest in this study are the formed image of the trademarks and the degree of consumer loyalty to them that affects the value of the brands. The purpose of the present study is to explore the leading European brands and to analyze the conditions for developing their competitiveness. In this regard, by applying empirical methods of research (study, comparison and analysis of expert assessments), the paper clarifies the essence of the trademarks and brands and considers the formation of their value based on the image built. The results of the methods used reveal the most valuable for European trademarks, as well as the prerequisites for forming consumer loyalty to them. In conclusion, recommendations are made to increase the competitiveness of brands, which can contribute to increasing consumer loyalty.http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/68_V.Minkova.pdf: trademarkbrandimageconsumer loyaltythe value of brandscompetitiveness
spellingShingle V. Nikolova-Minkova
TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
Trakia Journal of Sciences
: trademark
brand
image
consumer loyalty
the value of brands
competitiveness
title TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
title_full TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
title_fullStr TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
title_full_unstemmed TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
title_short TRADE MARKS IN EUROPE AND THEIR COMPETITIVENESS
title_sort trade marks in europe and their competitiveness
topic : trademark
brand
image
consumer loyalty
the value of brands
competitiveness
url http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/68_V.Minkova.pdf
work_keys_str_mv AT vnikolovaminkova trademarksineuropeandtheircompetitiveness