Brand Extension

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf Marketing Strategy
gptkbp:alsoKnownAs Brand Stretching
gptkbp:benefit Faster acceptance of new products
Reduced launch costs
gptkbp:contrastsWith Multi-brand Strategy
New Brand Strategy
gptkbp:defines A marketing strategy in which a firm uses an established brand name to introduce new products or product categories.
gptkbp:example Apple introducing Apple Watch
Coca-Cola introducing Diet Coke
https://www.w3.org/2000/01/rdf-schema#label Brand Extension
gptkbp:purpose To leverage existing brand equity to launch new products
gptkbp:relatedTo Brand Equity
Parent Brand
Sub-brand
gptkbp:riskFactor Brand dilution
gptkbp:studiedIn Marketing
Brand Management
gptkbp:type Category Extension
Line Extension
gptkbp:usedBy Companies
gptkbp:bfsParent gptkb:Ruthless_Aggression_Era
gptkbp:bfsLayer 5