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Assignment:
Brands are powerful assets for a business and it is important to achieve a balanced brand portfolio.
a) List and describe four (4) types of brands that may exist in a brand portfolio.
b) Explain what a balanced brand portfolio means.
c) Reflect on your Markstrat practice. What specific marketing actions have you tried in order to achieve a more balanced brand portfolio? List at least two (2) marketing actions.
Create a marketing plan for a hypothetical company. Your company will offer a product or service. You will use the same company and product or service
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1. Why is it more affordable to retain customers than looking for new ones?
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