As a company grows and expands, so can its brand offerings; however, not all brands are typically a success, especially over the long-term. As a company's marketing manager, discuss what steps you...

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As a company grows and expands, so can its brand offerings; however, not all brands are typically a success, especially over the long-term. As a company's marketing manager, discuss what steps you would take to ensure the company did not have too many brands. Why? Share your findings with the class.
Answered Same DayMar 08, 2021

Answer To: As a company grows and expands, so can its brand offerings; however, not all brands are typically a...

Azra S answered on Mar 08 2021
139 Votes
The pain of too many brands
Brands are created in order to create a class and standard for a produc
t as well as to secure customer loyalty. Brands are easy to market and often get lodged inside customer’s head. Good experience gets associated with the brand name and thus brand marketing often proves a successful endeavour.
Many companies start believing as a result that the greater number of brands they create, the more profits they will earn and hence begin to...
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