13 min listen
147 | What Is A Brand Extension Strategy? (+ Good And Bad Examples)
147 | What Is A Brand Extension Strategy? (+ Good And Bad Examples)
ratings:
Length:
7 minutes
Released:
Sep 4, 2021
Format:
Podcast episode
Description
By the end of this episode, you’ll know what a brand extension strategy is, and how to use it to expand and grow brands across multiple categories and sectors.
? Learn more: https://brandmasteracademy.com/brand-master-podcast/
First, you’ll learn that the brand reputation and brand equity that is achieved by established brands is the asset that’s leveraged within a brand extension strategy.
Next, you’ll learn what a brand extension strategy is before we explain it with an example from one of the most successful brands to leverage it. The Nike Brand Extension is a great example.
Then you’ll learn why and when you would use a brand extension strategy and how opportunity, relevance, and reputation play a big part in its success.
Next, you’ll discover the advantages, disadvantages, and risks of using a brand extension strategy and with an example of what can go wrong with a brand extension fail from cosmopolitan magazine
For more brand strategy resources and downloads visit https://brandmasteracademy.com/
? Learn more: https://brandmasteracademy.com/brand-master-podcast/
First, you’ll learn that the brand reputation and brand equity that is achieved by established brands is the asset that’s leveraged within a brand extension strategy.
Next, you’ll learn what a brand extension strategy is before we explain it with an example from one of the most successful brands to leverage it. The Nike Brand Extension is a great example.
Then you’ll learn why and when you would use a brand extension strategy and how opportunity, relevance, and reputation play a big part in its success.
Next, you’ll discover the advantages, disadvantages, and risks of using a brand extension strategy and with an example of what can go wrong with a brand extension fail from cosmopolitan magazine
For more brand strategy resources and downloads visit https://brandmasteracademy.com/
Released:
Sep 4, 2021
Format:
Podcast episode
Titles in the series (100)
006 | 12 Brand Strategist Skills & Traits You Need To Develop by Brand Master Podcast