Week 3 Brand Extension Assignment
Brand Extension Assignment: Choose a product and write a 5 page summary discussing how you would create a brand extension of that product. Include your rationale for the brand extension.
Headings to include:
Brand (to include a brief background)
Rationale/justification or need for the new idea- include relating the idea back to the company's mission statement
Marketing/launch strategy (to include pricing and channel strategy)
- Develop a Marketing Plan
- Define the types of marketing research
- Analyze potential pricing alternatives.
- Define channel strategy
- Design a sales management plan.