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QUESTION 3 (20) In recent years, many companies have been increasingly associating their offering with more than one brand to increase brand awareness, brand appeal

QUESTION 3 (20) In recent years, many companies have been increasingly associating their offering with more than one brand to increase brand awareness, brand appeal and attract more customers. Considering the above statement, discuss the reasons why many companies are resorting to co-branding as part of their marketing strategy and the challenges associated with cobranding. Use examples to clearly illustrate your answer.

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