Emergency Banking Relief Act 1933 Helps You Achieve Your Goals
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Published date: 2024-08-18
- Location: 1950, Kerala, India
Introduction:
Brand extension is a strategic marketing approach that involves leveraging the existing brand equity to introduce new products or services in the market. It is a common practice among companies to extend their brands into new categories to capitalize on the brand's recognition, reputation, and customer loyalty. This article aims to define brand extension, explore different strategies companies employ, and examine its impact on consumer behavior.
Definition of Brand Extension:
Brand extension refers to the process of using an established brand name to introduce a new product or service in a different product category. In the event you loved this article and also you would want to obtain details about e-check meaning generously stop by the site. It allows companies to leverage the positive associations customers have with their existing brand and transfer them to the new offering.
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