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Line Extension Brand Strategy
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Brand Extension Brand Strategy
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Brand extension strategy involves the introduction of a new brand, in a new market, after consolidating your brands' name in a related field. This brand strategy can be seen in Hershey Foods Inc. They make Twizzlers, and since they have done well in satisfying the market for chewy candy snacks, perhaps Twizzler Bites might reach a new market.

New Brand, Brand Strategy
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The new brand strategy is when a firm creates a new brand to go along with a new product. The new brand strategy is the most costly, since starting a new brand includes costs such as advertising, sales personnel, manufacturing costs and more. Frito Lay has created many different salty snacks under different brand names including Doritos, and Cheetos. Although this brand growth strategy is the most costly it can also reap the most benefits if done correctly. By introducing an entirely new product to the market you will be able to capture market share by serving different ends of the spectrum.

Flanker Brand Strategy
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Brand extension strategy involves the introduction of a new brand, in a new market, after consolidating your brands' name in a related field. This brand strategy can be seen in Hershey Foods Inc. They make Twizzlers, and since they have done well in satisfying the market for chewy candy snacks, perhaps Twizzler Bites might reach a new market.

A brand is a voice and a product is a souvenir.
- Cherry Fields

Pointers to Consider

  • The Four Essentials Every Business Needs To Have A Strong Online Presence · 1. Website · 2. Blog · 3. Landing Page · 4. Web Application/Platform.

  • Engaging Social Media Content
  • Clear Post Strategy Across top Platforms

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