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Sales of premium chocolate, such as Godiva and Lindt, climbed 4.8% to $1.8 billion compared to sales of everyday chocolate, such as KitKat and Hershey

Sales of premium chocolate, such as Godiva and Lindt, climbed 4.8% to $1.8 billion

compared to sales of everyday chocolate, such as KitKat and Hershey Bars, which

climbed only 3.8% to $8.5 billion according to a research report. The major positioning

strategies that drive the sales of the premium chocolates are flavor innovation, health

benefits, increased accessibility (more readily available), small size SKU, self-indulgence

(a gift for yourself).

Now if you are to introduce a new brand in the premium chocolate

category in Bangladesh, what would be your positioning strategy? Would you find a reposition the competition? Or just claim a "me too" brand?

Justify your choice by answering the following steps.

  1. Positioning Strategy
  2. Brand Name
  3. Brand Slogan
  4. Other necessary brands elements
  5. Leveraging Secondary Brand Association

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