Any name, word, letter, symbol, design or any sign composed by combining them is called brand. If the same sign is legally registered in the concerned government office, it called trademark.
Trademark is provided legal protection, No other company or firm can use this trademark except the producer or seller, which has got it registered. But brand or any symbol, sign can be used by other firms or competing companies. No legal action can be taken even if any company imitated a brand used by other company.
All trademark include in brand but all brands may not be trademarks. So, all trademarks are brands, but all brands are not trademarks.
Basis |
Brand Name |
Trademark |
Introduction |
Name that helps to identify product |
Legally registered word or symbol |
Purpose |
To provide brand identity |
To provide legal protection |
Registration |
Not compulsory |
Required |
Scope |
Limited |
Wider |
Example |
“Nike” |
Logo of Nike |