Examples of how company might target products

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1. Give three examples of how a company might target products to children in an ethical way. Discuss why these would be effective.

2. Tide laundry detergent maintains the same market share it had 50 years ago because of the sales contributions from its various line extensions. It can be said that Tide employs a preemptive cannibalization strategy in generating line extensions. What does this mean? Why do they choose to use this strategy? Thinking of your final project company, would this strategy work for you- why or why not?

3. As a brand manager, you would like to have your brand (brand name) be protectable. Explain what you mean by “protectable” and give an illustration.

4. Randall Ringer and Michael Thibodeau see narrative branding as based on deep metaphors that connect to people’s memories, associations, and stories. Briefly describe their framework for a brand story. Create a brand story for a well-known campaign.

5. Simpsons, a manufacturer of air conditioners, finds that its sales potential is less than its market potential even when it spends a sufficient amount on advertisements and after sale services. What is the basic reason behind such an observation by the marketers of Simpsons? Discuss how to deal with this issue.

Reference no: EM132210285

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