Brand Extensions Brand extension is a marketing strategy according to which a company marketing a product or a service launches a new offering (product or service) that is related to the one of the existing brands of the company‚ but offers different benefits and/or targets a different segment. Organizations use this strategy to increase and leverage upon their brand equity. When a firm is introducing a new product‚ it has the following 3 choices on branding: 1. Developing a new brand for the
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Mountain Man Brewing Company TABLE OF CONTENTS COMPANY ANALYSIS .................................................................................. 3 OUR DECISION ............................................................................................. 7 FORECASTS AND ESTIMATES ................................................................. 8 BREAKEVEN ANALYSIS ........................................................................... 12 MARKET SUMMARY ...........................
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Case study I.1 Zara: the Spanish retailer goes to the top of world fashion Zara (www.inditex.com) is a fashion retail chain of Inditex Group owned by the Spanish businessman‚ Amancio Ortega‚ who also owns brands such as Massimo Dutti‚ Pull & Bear‚ Oysho‚ Uterqüe‚ Stradivarius and Bershka. The Inditex group (of which Zara is a part) is headquartered in La Coruña‚ northwest Spain‚ where the first Zara store opened in 1975. It is claimed that Zara needs just two weeks to develop a new product
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Case Analysis: Procter & Gamble‚ Inc.: Scope Problem Statement Procter and Gamble’s mouthwash product‚ Scope‚ had a 32% share of the Canadian mouthwash market in 1990. However‚ Plax‚ a new category pre-brushing mouthwash launched in 1998‚ poses a continuing threat to Scope market share. In early 1991‚ Procter and Gamble’s brand manager for Scope‚ Gwen Hearst‚ must decide on a course of action for maintaining the profitability of Scope. She is tasked with developing a three-year marketing
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LL Beans Please submit your analysis of this case. In addition‚ be prepared to discuss your analysis in class. 1. How significant (quantitatively) of a problem is the mismatch between supply and demand for LL Bean? As per the historical series and its associated statistical description (see graph below)‚ we can observe that there is a significant spread between the A/F ratios sine the standard deviation equals 1/3 of the mean. Besides in cases‚ there is mismatch beyond 50% between the forecast
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POSITION PAPER ABOUT “ADOLPH COORS IN THE BREWING INDUSTRY” General Analysis about Brewing Industry and Market The US brewing industry is mainly dominated by six main key competitors towards a small number of local competitors. As a reality of the industry‚ the main costs are the commodity‚ production costs (brewing&packaging) which oriented major brewers to backward integration in order to become cost-efficient. Cheaper distribution strategies may create real competitive advantage in brewing
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SCMP Martinsons & Associates 2009 Licensed exclusively for use at the City University of Hong Kong. Unauthorized use or reproduction of this case is strictly prohibited. The South China Morning Post (SCMP) is one of the oldest and most respected newspapers in Asia. It has dominated the English-language market in Hong Kong since its debut in 1903 despite persistent competition from the Eastern Express and The (Hong Kong) Standard. The SCMP has established a reputation for quality based on
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KRAFT FOODS (CADBURY INDIA) "MAKE TODAY DELICIOUS" COMPANY OVEVIEW Cadbury is fully owned subsidy of Kraft Foods Inc Kraft Foods and Cadbury deal in snacks‚ confectionery and quick meals. With annual revenues of approximately $50 billion‚ the combined company is the world’s second largest food company Sales in more than 160 countries Approximately 140‚000 employees Operations in more than 70 countries IN INDIA Cadbury began its operations in 1948 by importing chocolates
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advertise through television‚ magazine ads‚ outdoor billboards‚ the internet‚ and through place-based media such as doctor’s offices or health clubs. In evaluating the success or failure of our new product‚ we will need to check for any evidence of cannibalization of our other existing products or leapfrogging by competitors. Looking into consumer reviews and reports of pre-dispensed liquid Zyrtec can provide use with consumers’ perspectives and views about the product. Sales numbers of our new product
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LALA LAJPATRAI COLLEGE OF MANAGEMENT Subject : Service Sector Management Topic : Market Segmentation (Partial fulfillment for T.Y.B.M.S Course (Semester V) for the year 2010-2011.) Prof In charge : Prof . Rishikesh Kangale () Sign: _________ MARKET SEGMENTATION Market Segmentation is defined as the process of splitting customers‚ or potential customers‚ in a market into different groups‚ or segments‚ within which the customers
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