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Published byMarilyn Annabel Norris Modified over 9 years ago
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By Shannon Franke
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Private label brands are products developed by retailers. In many cases, retailers develop the design and specifications for their private-label products and then contract with manufacturers to produce those products. They are also called; Store Brands House Brands Own Brands PRIVATE LABEL BRANDS
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Premium brands offer the consumer a product that is comparable to, or even superior to, a manufacturer’s brand quality, usually with modest savings Generic brands target a price-sensitive segment by offering a no-frills product at a discount price. PREMIUM VS. GENERIC
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Premium BrandGeneric Brand PREMIUM VS. GENERIC Lucerne Yogurt 10 for $4 Swiss Premium Yougurt $10 for 6 Rapid City Safeway stores is a great place to find comparisons amongst premium and generic brands. As you can see from their latest sale, the price difference in brands is noticeable.
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