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Innovative Brand Strategies and Their Contribution to the Sustainability of Businesses: Innovative Brand Strategies
Abstract
This study highlights that businesses' ability to achieve their short-, medium-, and long-term goals is closely tied to their adaptability to changing market conditions. It emphasizes that technology-driven consumption trends are shaping the market and that companies implementing digital-based innovative brand strategies can achieve lower costs and higher efficiency. Furthermore, an in-depth review of domestic and international literature suggests that businesses should “increase their technological investments in both production and marketing processes” and identifies technology-focused innovative practices as becoming increasingly prominent.
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