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Netflix and wal-mart both did well during the recession. which factor of the business/marketing environment best explains this?

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jaquelinefvr

The business/marketing environment factor that explains why Netflix and Wal-mart did well during the recession is branding.

What is branding?

It corresponds to a strategy of active management of a brand, creating value for it through its visual identity ​​and objectives, generating engagement with the target audience and satisfying their needs and desires in an innovative and creative way.

Therefore, branding is an essential strategy for a brand to be competitive and well positioned in the market.

Find out more about branding here:

https://brainly.com/question/24456504

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