Final answer:
The elements of a product's branding include the brand name, sponsor, and brand strategy.
Step-by-step explanation:
The elements of a product's branding include the brand name, sponsor, and brand strategy.
The brand name is the name that is used to identify and differentiate a particular product or company from others in the market. It plays a crucial role in creating brand recognition and attracting consumers.
The sponsor is the entity or individual that supports or funds the branding of a product. This can be a company, celebrity, organization, or any other entity involved in promoting and endorsing the product.
The brand strategy refers to the overall plan or approach used to build and manage the brand. It includes elements such as brand positioning, target audience, brand messaging, and the tactics used to communicate the brand's values and benefits to consumers.