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Brand Extension Assignment: Choose a product write a 3 page paper discussing how you would create a brand extension of that product. Include your rationale
Brand Extension Assignment: Choose a product write a 3 page paper discussing how you would create a brand extension of that product. Include your rationale for the brand extension.
Areas to include:
Brand (to include a brief background)
Extension idea
Rationale/justification or need for the new idea relate the idea back to the company's mission statement
Target market
Marketing/launch strategy (to include pricing and channel strategy)
Ethical considerations
Objectives:
- Develop a Marketing Plan
- Define the types of marketing research
- Analyze potential pricing alternatives.
- Define channel strategy
- Design a sales management plan.
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