Brand Development Strategies
Brand Development Strategies
Brand Development Strategies
DEVELOPMENT
STRATEGIES
BY QAIS
INTRODUCTION
BRANDING STRATEGIES
BRAND
PRODUCT
SERVICE
ELEMENTS TO UNDERSTAND…….
PRODUCT LINE:
Group of products closely related
Example:
Coca Cola
Coke Classic
Diet Coke
Diet Coke with Splenda
Coca-Cola Zero
ELEMENTS TO UNDERSTAND
PRODUCT MIX:
Set Of All Product Lines
Example: COLGATE
1. Oral Care
2. Personal Care
3. Home Care
DIMENSION OF PRODUCT MIX
PRODUCT MIX WIDTH
Number of different product lines
PRODUCT MIX LENGTH
General Electronics
BRANDING DEVELOPMENT STRATEGIES
Product Category
Existing New
LINE BRAND
Name
MULTI- NEW BRANDS
BRANDS & PRODUCT
New
LINE EXTENSION
Japanese companies
Examples;
LG
Mitsubishi
King-fisher
MULTI-BRANDS
Existing product & new brand name
Marketing of two or more similar products with different
brand names
Competing each other
Examples:
Olpers & Tarang
Unilever shampoos
NEW BRAND & PRODUCT
Introducing new product with new name
Completely new born company
Examples;
Q&F Company
Maximize profit
Customers satisfaction
Capture market
Compete opponents
Promotional benefits
Increase sales