How do you choose the optimal level of fit between the parent brand and the brand extension?
Brand extensions are a common strategy to leverage the equity of a parent brand and introduce new products or services. However, not all extensions are equally successful. One of the key factors that determines the performance of an extension is the level of fit between the parent brand and the extension. How do you choose the optimal level of fit that maximizes the benefits of brand awareness and minimizes the risks of brand dilution? In this article, we will explain what brand fit is, why it matters, and how to measure and optimize it for your brand extension.
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Harvinder Singh???315 X Linkedin Top Voice ???|| 8% in Generative AI & 17% in Influencing others Voice ||10% in Business…
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Waqqad Khan??Digital Marketing Strategist & Web Developer | SEO & Content Marketing Specialist | Driving Brand Growth through…
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Lisette PrinsMarketing Manager & Sustainability Marketing lead at bol (a B corp organisation)