Brand extension is the practice of Multiple Choice manufacturing a new product with the same brand name for a new market segment in the same product class. applying the current brand name to enter a completely different product class. manufacturing accessory products for the base offering, such as Barbie clothes for Barbie dolls. manufacturing a product under a new name that consumers will view as an entirely new product line. licensing another firm to manufacture modified versions of the original product.
Brand extension is the practice of Multiple Choice manufacturing a new product with the same brand name for a new market segment in the same product class. applying the current brand name to enter a completely different product class. manufacturing accessory products for the base offering, such as Barbie clothes for Barbie dolls. manufacturing a product under a new name that consumers will view as an entirely new product line. licensing another firm to manufacture modified versions of the original product.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Brand extension is the practice of
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