Brand Extension Activity for Dove: Principles of Marketing
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This report discusses the brand extension activity of Dove, an American-based company dealing in self-care products like soap. The report uses Kapferer's Brand Identity Model and Tauber's Model Theory to analyze the brand extension process and method.
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CW2 – PRINCIPLES OF MARKETING BRAND EXTENSION ACTIVITY NAME OF STUDENTS: GROUP: LECTURER:
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BRAND PRESENTATION Inthisreportconsideringthedovecompanywhichis American based company deals in self care products like soap and more It was founded in 1957 , USA. The consider brand is well recognised in the global market it covers the huge market share in the segment. thatTo analyse the brand extension process and method there is a modelbeing used which is described below.
KAPFERER’S BRAND IDENTITY MODEL The brand determination prism operates as a structure that assist in understanding the factors and how they are related to each other. This helps the institution in building strong brand, which in return aids in communicating clearly and transparently and give the ease that can be easily remember and can recognised. It consist a common factors which are physique personality culture relationship self image Reflection
THE NEW PRODUCT: BRAND EXTENSION The company uses the Taubers model theory to expand the product in the market. The theory explains the brans expansion practice that include the brand practice the establishment of the newproductqualityinthemarket.Thebranddoveis introducing the product named dove toothpaste in the market. The brand is already dealing inbody care products (Ansoff, and et,. al. 2018).
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ANSOFF’S MATRIX The product and the market is same , this method emphasize on increasing the sale. The company follows this function in existing market by improving the product in better way in order to increase the sale. It refers to introducing and coming up withanewproductinanexisting market. The brand adapts this technique tointroducethenewproductinthe existingmarkettoattractthemore customers in the segment. It is exploring new market with the same product. It is to expand the business demographically or geographically It is basically entering a whole new market with a new product. Dove company usually follows this technique when they are wish to expand the business this is the risk taking method for business. Existing ProductsNew Products Existing MarketsNew Markets
KEY TRENDS
COMPARATIVE ANALYSIS
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REFERENCES •Ansoff, and et,. al. 2018.Implanting strategic management. Springer. •Ansoff,and et,. al. , 2019. Strategic Diagnosis. InImplanting Strategic Management(pp. 77-91). Palgrave Macmillan, Cham. •Koopman, and et,. al. ., 2019. C. elegans as a model for synucleinopathies and other neurodegenerative diseases: tools and techniques. InAlpha-Synuclein(pp. 93-112). Humana Press, New York, NY. •Martin, L., 2021. International Business Development in Context—History, Trends and Realities. In International Business Development(pp. 1-14). Springer Gabler, Wiesbaden.