Generic Brand
Generic brands of consumer products (often supermarket goods) are distinguished by the absence of a brand name. It is often inaccurate to describe these products as "lacking a brand name", as they usually are branded, albeit with either the brand of the store in which they are sold or a lesser-known brand name which may not be aggressively advertised to the public. They are identified more by product characteristics.
They may be manufactured by less prominent companies, or manufactured on the same production line as a 'named' brand. Generic brands are usually priced below those products sold by supermarkets under their own brand (frequently referred to as "store brands" or "own brands"). Generally they imitate these more expensive brands, competing on price. Generic brand products are often of equal quality as a branded product; however, the quality may change suddenly in either direction with no change in the packaging if the supplier for the product changes.
Read more about Generic Brand: Comparison With Store Brands, Premium and Value Generic Brands, Generic Drugs, Genericide, Trends in Generic Brands, Issues With Generic Brands
Famous quotes containing the words generic and/or brand:
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—Erma Bombeck (20th century)
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Edward, Edward?”
—Unknown. Edward (l. 12)