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Brand alliances

Brand alliances occur when two or more brands collaborate to jointly promote their products or services. This partnership allows each brand to leverage the other's strengths, such as customer base, reputation, or resources, to create mutual benefits. Alliances can range from co-branded products to joint marketing campaigns, enhancing visibility and offering unique value to consumers. These collaborations help brands expand their reach, introduce new offerings, and build stronger market presence without fully merging, making them a strategic tool for growth and innovation while maintaining individual brand identities.