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Using the names of company’s powerful brands for line extensions is called ?

<p><strong>a) Positioning by Product Attributes and Benefits </strong></p> <p><strong>b) Positioning by Brand Endorsement </strong></p> <p><strong>c) Positioning by use, Occasion and Time </strong></p> <p><strong>d) Positioning by Corporate Identity </strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/25
Sheema Farooqi
by Sheema Farooqi , Assistant Professor , Manav Rachna International University

The answer is "B"

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

B.

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

d) Positioning by Corporate Identity or Brand Extension

Eiwone Nicholas
by Eiwone Nicholas , PURCHASING AND PROCUREMENT , BEATCH VENTURES

Positioning by Brand Endorsement </strong></p> <p><strong>c) Positioning by use, Occasion and Time </strong></p> <p><strong>d) Positioning by Corporate Identity </strong></p>

Onyeka Ikenna
by Onyeka Ikenna , Science Teacher , Federal college of education zaria kaduna state Nigeria

Brand tailing or brand elongation

حسام السداتى
by حسام السداتى , مدير تسويق , أكاديمية السادات للعلوم الإدارية

Mental image of the company among customers by name linked to trade

Omer Farooq
by Omer Farooq , Area Sales Manager , PepsiCo

Brand Leveraging.

Rabah EL MASRI
by Rabah EL MASRI , Head of Business Development Services section , The Palestinian Fund for Employment

Using the names of a company's powerful brands for line extensions is called brand extension or brand stretching. This strategy leverages the existing brand equity and recognition of a successful brand to introduce new products or services in different categories or segments, under the same brand name. This approach can help reduce the costs and risks associated with launching a completely new brand, as consumers are already familiar with the brand name and may be more willing to try the new offerings.

sumina sidiq
by sumina sidiq , Lecturer Electronics , Government Degree College Sumbal, Jammu and Kashmir

Brand Extension, Successful brand extension relies on the positive associations consumers have with the original brand. If the brand is perceived as trustworthy, reliable, and of high quality, consumers are more likely to transfer those positive perceptions to the new products or services under the same brand umbrella. However, if the extension is not perceived as a logical fit or if the new offering doesn't meet customer expectations, it can risk diluting the brand's image and credibility. Therefore, careful planning and consideration are essential when implementing brand extension strategies.

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