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)
Extension idea
Rationale/justification or need for the new idea- include relating the idea back to the company’s mission statement
Target market
Marketing/launch strategy (to include pricing and channel strategy)
Ethical considerations
Develop a Marketing Plan
Define the types of marketing research
Analyze potential pricing alternatives.
Define channel strategy
Design a sales management plan.
