What is the brand extension strategy?

What is the brand extension strategy?

Lifeguards What is a brand extension strategy?

Contents

What is the brand extension strategy?

With the development of technology, companies have started to implement the brand extension strategy in marketing management. Brand extension strategy is the expansion of an existing and strong brand into new products by using the positive awareness it has created on consumers.

What are the basic brand strategies?

There are four basic strategies that brand managers can choose for their products. These; personal brand name, integrative product group name, individual product group name and personal product name strategies.

How to make a brand strategy?

Brand Strategy Why It Matters?

How to Create a Brand Strategy? Set Purpose and Goal. Know Your Brand's Target Audience. Know Your Competitors in the Industry. Create Powerful Messages in Your Ads and Texts. Be Consistent and Adapt. Promote Your Brand Properly. Create Special Content for Meaningful Days.

What is brand extension?

BRAND EXTENSION CONCEPT The concept of “Brand Extension” is generally the use of an established brand name by the company to launch a new product. In other words, it is the presentation of the new product with the existing brand name or with a brand name that is a combination of the existing brand and a new brand.

What are the branding strategies?

Branding strategies that you can use in e-commerce

Examine the logos of competitors or companies that you take as an example. Be original. Use color palettes that match your brand identity. Determine the logo size well. Make sure your font is legible. Let it be valid in the long term as it will be in line with today's trends.

What are the brand communication strategies?

As the steps taken in the branding process should be consistent and strategic; In order to remain a brand, it is necessary to make the work sustainable. At this point, brand communication is a communication strategy applied to protect and improve the reputation of the brand in the public, and to brand a product, service or institution.

What are the brand positioning strategies?

Brand Positioning Strategies Mainly focus on product features or consumer benefit. It can have various features. Such as durability, economy, security. For example, some motorcycle brands focus on fuel economy, while others focus on strength, some on appearance, and some on durability. It is a long-term plan followed to ensure the development of the brand. It entails creating a unique character, morality and culture that permeates all aspects of a business and responds directly to consumer needs, desires and emotions.

What does brand loyalty mean?

Brand loyalty is continuous and it is a concept that expresses the purchase of a brand on a regular basis.

What is a brand image strategy?

Brand strategy is advertising, content, sharing, which is made to increase the value of the brand in the eyes of the audience, to increase the perception of trust and quality. , slogan, logo works.

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