Brand Extension of Dove: Product Diversification Strategy

   

Added on  2023-04-25

13 Pages1555 Words395 Views
BRAND EXTENSION OF
Brand Extension of Dove: Product Diversification Strategy_1
INTRODUCTION
Dove is a brand owned by Unilever limited which primarily deals in
toiletries . The brand was introduced in the United Kingdom in the year
1955 .
The products of Dove are manufactured in many countries such as
Indonesia, Japan, Pakistan, Australia , Argentina ,Poland , Turkey and many
others. The products of the company are sold in almost 80 different
countries around the world.
The products of the company include beauty bars, facial care, lotions,
antiperspirants and many others (Dove UK 2019). The products of Dove
are made of vegetable oils, animal fats , surfactants. Since the year 2010,
the company has also launched men’s care products
Brand Extension of Dove: Product Diversification Strategy_2
BRAND EXTENSION
The brand extension can be defined as using the
existing brand name to introduce new products in the
product category .
It is a popular brand strategy which helps to enter the
new category of products.
The strategy of brand extension is advantageous as it
reduced the expenses of new product introduction
and enhances the profitability of the new product.
It is one of the most influential areas in the marketing
and is directly related with the parent brand .
Ex- There are various brands which extends itself by
the product diversification . The existing brand works
as a marketing tool for the new brands .
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EVOLUTION OF BRAND DOVE
1. 1957- The brand launched in the market for the first time by
Unilever
2. 1970s- The popularity increased as a milder soap
3. 1980s- It started its global rollout
4. 1990s- The famous litmus test started
5. 1994- Expansion in 80 countries
6. 1995-2001- The extension in the product range
7. 2002- The real beauty campaign
8. 2005- The self esteem campaign (Dove UK 2019).
Brand Extension of Dove: Product Diversification Strategy_4

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