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Author:Tauber, E. M.
Title:Brand leverage : strategy for growth in a cost-control world.
Journal:Journal of Advertising Research
1988 : AUG-SEP, VOL. 28:4, p. 26-30
Index terms:BRANDS
CORPORATE GROWTH
CORPORATE STRATEGY
Language:eng
Abstract:Capitalizing on the equity in established brand names has become a major strategy of product planner. In the previous decade, firms have bought, sold, licensed, and extended brands to an unprecedented degree. The cost of introducing new brands became prohibitive. A firm wishing to enter a new category has two options: purchase a brand in a new category or extend their own brand. Brand extension uses a brand in one category to introduce products in totally different categories.The benefits of brand extension are a perfect fit to the corporate needs of 1980s.
SCIMA record nr: 63158
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