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Homework: Brand Extension
Choose a product and write 5 pages summary discussing how you would create a brand extension of that product. Include your rationale for the brand extension.
Headings to include:
Brand (to include a brief background)
Extension idea
Rationale/justification or need for the new idea- include relating the idea back to the company's mission statement
Target market
Marketing/launch strategy (to include pricing and channel strategy)
Ethical considerations Course Objectives:
Question 1. Develop a Marketing PlanQuestion 2. Define the types of marketing researchQuestion 3. Analyze potential pricing alternatives.Question 4. Define channel strategyQuestion 5. Design a sales management plan.
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