1) The advantages are that the endorsement that potential consumers see a famous person they admire and try to do everything he does, and consume the products he used. The disadvantages are that if he does something wrong, people will stop using the product.
2) Companies can create brand loyalty by consumers love the brand, which make it their own, even though the product is similar to other products protruding features stand out and are above others.
3) Examples succesful of brand stretching
Yamaha--->Motorbikes
Pianos
Sports equipament
hi-fi equipment
Virgin-----> Airplanes
Virgin media
Virgin Records
Virgin megastore
Virgin Credit card
Examples unsuccesful of brand stretching
Coca Cola ----> New Coke (1985)
4) For the expensive product launch can use existing traditional media.
TV
radio
Internet
fences
Deploying Internet.
Or to make the cheap shot you can use the Internet, social networks.
5)college women
single Women
Women single mothers
men Singles
Young married men
Professional Young Men
socioeconomic
Religion.
6)Search for other segments , renew your product , diversify or expand existing products , making comparisons with competitors to improve their own product.
Exercise book Page 10
Exercise book Page 15
Exercise book Page 18
Exercise book Page 26
Or to make the cheap shot you can use the Internet, social networks.
5)college women
single Women
Women single mothers
men Singles
Young married men
Professional Young Men
socioeconomic
Religion.
6)Search for other segments , renew your product , diversify or expand existing products , making comparisons with competitors to improve their own product.
Exercise book Page 10
Exercise book Page 18
Exercise book Page 26
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