Preview

Brand Extension

Powerful Essays
Open Document
Open Document
5422 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Brand Extension
ABSTRACT
Currently following the Bachelor of Marketing program, we – as a group - are very passionate in learning and experiencing various aspects in Marketing during our time studying at the university. Thus, we have taken this subject final report as an opportunity to test our knowledge and analyzing skill in Brand Management.
During our time attending and joining the active studying environment, we have learned and developed our mindset effectively. Every lessons given by the teacher, every presentation made by the classmates and every group discussion have strengthen our ability in team work and thinking logically and out-of-the-box at the same time.
Any mistakes or good feedbacks we received during the time, we regard it as valuable lessons for our continuing studying and future career choosing, especially in brand management.
With all our endeavor, we hope this report will be high valued.

ACKNOWLEDGEMENT
We highly aprreciate Hoa Sen University for giving us this English interacting opportunity to enhance our perception and challenge ourselves to be ready not only for many next courses but also for the changing working world out there – which is a big step for our future career.
Our group are very thankful to our members for their effortlessly contributing to the group work. They have shown great enthusiasm and responsibility both as an individual and a team member.
Last but not least, we would want to give out special thanks to Mr. Le Hong Dac for his caring and instructing for us and our classmates during our session in the class with many valuable lessons, two of which are how taking course seriously can make you better and english can truly make a difference.
Banana Group.

INTRODUCTION
Studying Strategic Brand Management in English and with the instruction of Mr. Dac has given us the wonderful opportunity to apply the knowledge that we have learned in our previous marketing courses and broaden our mindset effectively.
Thus, before doing final report,

You May Also Find These Documents Helpful

  • Powerful Essays

    of the Hershey’s Company and will be added to their other line of syrups. The added benefit is…

    • 3427 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    An important marketing technique mainly used is branding. Branding is the entire process involved in creating a unique name and image for a product in the consumer’s minds, and almost act’s as a business’s ‘identity’ as it creates an image for the business. A brand can be a powerful selling tool and can help achieve marketing objectives such as gaining market leadership and raising customer awareness. According to the chartered institute of marketing, the best brands create a special relationship with their customers, based on intangible qualities that evoke strong emotional responses. These might consist of a logo, a general look and feel, a tone of voice and the way the company interacts with its customers.…

    • 1389 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Snyder 's-Lance manufactures and markets snack foods throughout the United States and internationally. The Company 's products include pretzels, sandwich crackers, potato chips, cookies, tortilla chips, restaurant style crackers, nuts and other snacks. Snyder 's-Lance has manufacturing facilities in North Carolina, Pennsylvania, Iowa, Indiana, Georgia, Arizona, Massachusetts, Texas, Florida, Ohio, and Ontario, Canada. Products are sold under the Snyder 's of Hanover, Lance, Krunchers!, Cape Cod, Jays, Grande, Tom 's, EatSmart Naturals, Archway, O-Ke-Doke, Padrinos, and Stella D 'oro brand names along with a number of private label and third party brands. Products are distributed widely through grocery and mass merchandisers, convenience stores, club stores, food service outlets and other…

    • 4787 Words
    • 20 Pages
    Better Essays
  • Best Essays

    Wingo is targeting the market that consists of residents at assisted living and long-term care facilities, grandparents, and parents. Many individuals in these target markets love to play bingo making Wingo a perfect game for the targeted market. Wingo is a game for grandparents and parents to purchase to have fun with peers as well as their grandchildren and children. Another benefit of Wingo is the increased cognitive use, which is imperative for older adults to utilize as they age to maintain memory.…

    • 4550 Words
    • 19 Pages
    Best Essays
  • Satisfactory Essays

    The Subway Story

    • 5528 Words
    • 23 Pages

    SCDL. 2007. Concepts and strategies of brand management. Service marketing and brand management. Pune: Symbiosis center of distance learning. [CD ROM]…

    • 5528 Words
    • 23 Pages
    Satisfactory Essays
  • Best Essays

    Concept Proposal Report

    • 2612 Words
    • 11 Pages

    With respect to the modernized lifestyle, more and more city residents are suffering from sub-health. To avoid the sequence of sub-health, conscious consumers demand more natural and healthier products. Innocent is a remarkable brand of healthy food. It is marked by the pure fruits ingredients and has become the market leader of fruit smoothies. Innocent targets young professionals and Innocent smoothies are popular as healthy drinks at lunch. However, from the target’s consideration, healthy drinks can’t fulfil their psychological needs namely stress release and inspiration. Based on recent research, a quarter of workers feel stressed a lot of time. Those in the £15,500-24,999 income bracket are particularly worried (Mintel, 2009). It means that there is a large, potential demand of stress release product but a scarcity of supply.…

    • 2612 Words
    • 11 Pages
    Best Essays
  • Better Essays

    Retail Brand Extension

    • 1860 Words
    • 8 Pages

    In the past, Target Corporation has partnered with many already successful designers. Jason Wu, Missoni, Yves Saint Laurent, and Zac Posen are just a few examples of the designers chosen for these profitable partnerships. Target Corporation is known for partnering with popular designers to create items that are not only affordable but also quite innovative. Each time that Target releases a new partnership line, fashionists rush to their nearest Target store to get their hands on an item that has been touched by their favorite designer. Target has shown that this strategy can create a tremendous buzz. For our line extension, we have chosen to have out line sold at Target Corporations nationwide. Target has had much experience with collaborations, making this an easy extension. Our planned products would be sold best at a retailer, like Target, that attracts the multi-channel shopper. Because there are so many Target stores nationwide, we are confident that out product would be able to reach the masses.…

    • 1860 Words
    • 8 Pages
    Better Essays
  • Best Essays

    The Recipe Modifier is Lakelands most recent innovation that has great potential to generate revenue for Lakeland, “the home of creative kitchenware.” Lakeland products have developed strong demand and this will be the driving force behind this particular product. Lakeland was initially a kitchenware provider but has extended its brand to offer a wide range of products that fulfill consumers entertaining, storage, cleaning and gifting needs.…

    • 4123 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Case Study Snapple

    • 952 Words
    • 4 Pages

    Snapple Corporation was established way back to 1972 in Brooklyn, New York when brothers-in-law, Leonard Marsh and Hyman Golden, left their window-washing business and teamed up with Marsh’s childhood friend and health food store owner Arnold Greenberg to sell pure fruit juice as the “Unadulterated Food Products Co.”…

    • 952 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Brand Extension

    • 1158 Words
    • 5 Pages

    The popularity of ‘Brand extensions’ rose since 1990s, with the increase in competition and the high costs of developing new brands (Chernatony & McDonald, 2002). This concept has been derived by marketers to optimize sales and profits by launching new or modified products under the parent brand name. In definition ‘Brand extension’ is using the leverage of a well-known brand name in one category to launch a new product in a different category ( Is this a quotation? If so, you should have quotation marks) (Walsh, 2008) . For e.g. Giant retailers such as Sainsbury and Tesco is (are) now operating in the financial service sector. Another successful example is the Diet Coke. One of its strongest rivals, Pepsi had a diet drink since 1964. It was then Coke’s decision to risk brand equity under the Coca-Cola trademark and introduce the Diet Coke, which has been immensely successful.…

    • 1158 Words
    • 5 Pages
    Better Essays
  • Good Essays

    brand extension

    • 646 Words
    • 3 Pages

    The project is about brand extension, it is a method of conceptualising a new product by using an existing brand name on a new product in a different category. A company using brand extension hopes to leverage its existing customer base and brand loyalty to increase its profits with a new product offering. So as per the topic four seasons Hotels Company would be extending by launching a crockery line.…

    • 646 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Brand Rejuvenation

    • 10438 Words
    • 42 Pages

    Text Books Kapferer, Jean-Noel (1997), Strategic Brand Management: Creating and Sustaining Brand Equity Long Term, Kogan Page, London. Aaker, David (1996), "Building strong brands", New York, The Free Press. Hill, Sam – Lederer Chris (2001), The Infinite Asset – Managing Brands to build new Value, Harvard Business School Press, Boston. Keller, Kevin Lane, (2005), Strategic Brand Management: Building, Measuring, and Managing Brand Equity, Second Edition, Pearson Education Press, Delhi. The above research was conducted in order to complete my PGDBA course at SDM-IMD, Mysore, India. All the recommendations and conclusion were according to my understanding of the market. You can contact me at +919844456213 or by email: venkteshbabu@gmail.com…

    • 10438 Words
    • 42 Pages
    Powerful Essays
  • Good Essays

    Brand Extension

    • 1136 Words
    • 5 Pages

    The term "purse" originally referred to a small bag for holding coins. In British English, it is still used to refer to a small coin bag. A "handbag" is a larger needed accessory, that holds items beyond currency, such as a woman's personal items and emergency items to survive on. American English typically uses the terms "purse" and "handbag" interchangeably. The term "handbag" began appearing in the early 1900s. Initially, it was most often used to refer to men's hand-luggage. Women's accessory bags grew larger and more complex during that period, and the term was attached to the women's accessory.[1] Handbags are used as fashion accessories as well as functional ones.[2]…

    • 1136 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Wezwez

    • 1080 Words
    • 5 Pages

    Throughout the semester, it is intended that participants witness several methods of learning, to enhance the ability and knowledge about the topic in hand. These methods are ranging from in class lecturing, case study discussions, simulation activities, and moreover hands-on application through research, planning, and proposing a relevant marketing plan to the syllables selected. Please read through carefully the below mentioned for your own convenience regarding the group project which will account for 20% of your final grade.…

    • 1080 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Narrative Report Cwts

    • 1896 Words
    • 8 Pages

    ------------ after everything that we had experience for the whole semester, where in our abilities and skills were really challenged, the cooperation, the initiatives of each members, the way we talk not only within the team but also to those higher and positioned names in the society and of course leaving big decisions every time we make new moves, each session we meet.…

    • 1896 Words
    • 8 Pages
    Good Essays