Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Campbell's has taken the soup product category and subsegmented it using multiple segmentation approach. Each category caters to a specific market. Lets emphasize one product
Campbell's has taken the soup product category and subsegmented it using multiple segmentation approach. Each category caters to a specific market. Lets emphasize one product - the YES brand. The Yes brand is quite unique. They created a brand that stands alone. Notice the packaging. The company name is not prominent. Same with some others. In essence, the strategy is individual brand level. What do you think the rationale is behind this? The name Campbell's is synonymous with soup. Were they looking to create a new brand category
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started