Introduction Brand extensions are one of the most popular strategies for many firms to leverage brand equity (Monga & John‚ 2010; Tom‚ Kelly & Ravi‚ 2012). Zara as one of the world’s most successful fast fashion brand (FFB) retailers has applied brand extension into its brand development. The purpose of this report is to examine the brand extensions strategy of Zara which include these areas: the marketing objectives of brand extension‚ the relationship between competitive advantage of Zara
Premium Brand Branding Brand management
The impact of brand extensions on brand personality: experimental evidence Adamantios Diamantopoulos University of Vienna‚ Vienna‚ Austria‚ and Brand extensions 129 Received April 2004 Gareth Smith and Ian Grime Loughborough University‚ Loughborough‚ UK Abstract Purpose – To investigate empirically the impact of brand extensions on brand personality‚ using Aaker’s scale to measure the latter. Design/methodology/approach – Experimental study manipulating extension fit (good/poor fit)
Premium Brand Brand equity Brand management
Junk January 16‚ 2015 Nike’s Brand Extensions Stephen Grothe‚ Instructor Consumer Behavior Upper Iowa University Introduction Brand extension is defined as “the practice of using a well-known brand name to promote new products or services in unrelated fields” (Collins English Dictionary‚ 2015). Nike was once a startup company that only manufactured and distributed shoes after Phil Knight founded the company in 1964. Since Nike was founded in 1964‚ their brand has extended from just manufacturing
Premium Trademark Branding Nike, Inc.
Lacoste: History and Brand Identity Created in 1930 by Rene Lacoste‚ a tennis player‚ the first knit wear short sleeved shirt has appeared in 1933. During the 18 first years of existence‚ the brand won’t extend his product line so much. For instance‚ the polo shirt will be distributed in a unique colour‚ the white. In 1951‚ Lacoste decided to launch three new colours: sky-blue‚ navy and red. This revolution underlines the first steps of the brand out of tennis courts‚ and premises of its diversification’s
Premium Brand management Brand Branding
Brand Extension Brand Extension In the past‚ Target Corporation has partnered with many already successful designers. Jason Wu‚ Missoni‚ Yves Saint Laurent‚ and Zac Posen are just a few examples of the designers chosen for these profitable partnerships. Target Corporation is known for partnering with popular designers to create items that are not only affordable but also quite innovative. Each time that Target releases a new partnership line‚ fashionists rush to their nearest Target store
Premium Brand Target Corporation Brand management
turnaround that included brand extensions into licensed goods‚ such as apparel and related accessories. Now a publicly owned company‚ Harley has scored double digit growth for eighteen consecutive years. Harley transformed itself into a strong marketing company with a focus on lifestyle image and product quality. Background A brand over-extension While motorbike apparel (Motorclothes® merchandise) and ornaments probably matched the Harley Davidson cult heritage brand‚ the company had lost focus
Premium Motorcycle Harley-Davidson Branding
Maggi’s Brand Extension: In 1998‚ Nestle launched Maggi’s first brand extension‚ Maggi soup. At this stage‚ There was no organized packaged soup market in India. Nestle planned to create a market for packaged soup as it felt the category had a lot of potential. However‚ according to analysis‚ the company had introduced soups only to cash in on the Maggi’s brand name‚ and was never very serious about the segment. In 1993‚ “Sweet Maggi”‚ the first variant of Maggi noodles was launched. The company
Premium Indian cuisine Sauce Tomato
Title The Relationship of Brand Equity and Brand Extension: Low Involvement products vs. High Involvement Products Background and Significance In the present‚ technology enhances modern goods production resulting producers can provide resemble products in physical aspects such as quality or packaging. These create no differentiate of products. Consequently‚ Product Brand as well as the customer’s perception is the significance that promotes product differentiates or product
Premium Brand Brand equity Branding
Brand extension success factors Problem definition and objectives In a highly competitive environment‚ organizations are convinced that the launch of new products in order to stratify the need of consumers can lead to an increase the success of a company. The strategy of launching new products can be successful but it remains some risks. Indeed‚ the launching from 30 to 35 % of new products has failed. Because of some factors like the high level of advertisement costs and the increasing competition
Premium Brand Branding Brand equity
To ensure that the brands can successfully reach and attract their target customers in retailing industry‚ brand positioning should be developed. Positioning can be defined as a clear and distinctive image‚ which marketers try to create and reinforce‚ to be identified in the target customers’ minds relative to other competitors. However‚ once the brands’ existing positioning is no longer appropriate because of the internal or external factors‚ strategic repositioning should be launched to
Premium Marketing Change Brand management