Carlsberg's Brand Extension into Male Grooming: A Marketing Analysis
VerifiedAdded on 2023/05/30
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Essay
AI Summary
This essay explores Carlsberg's brand extension strategy, specifically focusing on its entry into the male grooming market with products made with beer. It defines brand extension, elaborates on the reasons why firms choose to extend their brands, and analyzes the potential advantages and disadvantages of Carlsberg's foray into male grooming. The advantages include leveraging the established brand name, easier entry into new product categories, and defensive marketing. The disadvantages include potential brand confusion, dilution of the existing brand image, and cannibalization of existing products. The essay concludes that brand extension can be a valuable strategy for penetrating advanced marketplaces, but companies must ensure product quality to avoid undermining brand credibility. Desklib provides access to similar solved assignments and resources for students.
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