Question: Why is a brand extension platform an important benefit for companies? 1 point It takes advantage of an established brand to create one or more

Why is a brand extension platform an important benefit for companies?
1 point
It takes advantage of an established brand to create one or more new products to address different customer needs or market segments.
It takes advantage of the established brand to continue increasing sales of the same product.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!