Background of chosen brand Elemis is one of the most Luxury British skin care brand manufactures and formulated their products in UK. Company beloved procollegen range was long term favourite of this brand with beauty Buffs alike.
Brand values Elemis advertise their products by choosing the best advertisement plan. WWW.elemis.comIs the website of organization where a lot of information about their goods available for consumers.
Brief explanation of new product with growth strategy brand is adopting for Face Concealer is new product of Elemis brand which is quite different and effective than other products. Product development is growth strategy company used for their new product.
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Target market for new brand extension Elemis want to extend their brand with the help of manufacturing new product, that is concealer consist the feature of dark sport reduction. For this product, they specially target women between age of 18 to 35 because most female are facing issues in their skin. Dark circle and pimple spot hinder the natural beauty of women.
Key trends and PESTLE problems that influence brand extension idea
CONT.
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Visual image of brand extension Elemis want to produce new product that is concealer for female, it helps to reduce dark spot, pigmentation and other face issues without harm because it made up with natural ingredients which prevent skin from sun damage, ageing symptoms and brighten skin tone. After using this concealer there is no need to use foundation or any other product to hide uneven skin tone. Product is packed in plastic bottle with recyclable paper label that is easy to recycle.
REFERENCES Evangeline, S.J. and Ragel, V.R., 2016. The role of consumer perceived fit in brand extension acceptability.IUP Journal of Brand Management.13(1). p.57. Hayran, C. and Gürhan-Canli, Z., 2016. Brand extensions.The Routledge Companion to Contemporary Brand Management.pp.136-152. Rothwell, E and et.al., 2019. Secondary research uses of residual newborn screening dried bloodspots: a scoping review.Genetics in Medicine. 21(7). pp.1469-1475.
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