Professional Documents
Culture Documents
Course Objectives
Upon completion of this course, students will be able to:
Understand the scope of new product
Comprehend the processes of new product development
Recognize the importance of branding and brand positioning
Specify the steps in brand development
Identify and evaluating brand development
Identify and evaluating branding alternatives
Evaluate the necessity of developing new brands vs brand extensions
Identify positioning frames of reference and guidelines
Chapter Five – Introducing and naming new product and brand extension
A decision to name a new product
Brand extension as a growth strategy
When to extend brands
Category extension
Line extension