Parent Brands and Brand Extension Strategies

Brand equity is the dependent variable discussed in our group project by focusing on the analysis of four steps of CBBE model and further understanding how companies can increase their brand equity in an efficient way. Brand equity of a firm from customers’ perspectives play a very important role to...

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Main Author: Al Husni, Mhd Zaid
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Online Access:https://eprints.nottingham.ac.uk/26341/
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author Al Husni, Mhd Zaid
author_facet Al Husni, Mhd Zaid
author_sort Al Husni, Mhd Zaid
building Nottingham Research Data Repository
collection Online Access
description Brand equity is the dependent variable discussed in our group project by focusing on the analysis of four steps of CBBE model and further understanding how companies can increase their brand equity in an efficient way. Brand equity of a firm from customers’ perspectives play a very important role to gain their competitive advantages in the market, while at the same time, it is used by marketers to market their new product innovation under the same brand name to target their loyal customers, which is named as brand extension strategy. Moreover, there are risks for companies to enter into a new market segmentation, which would cause financial problems, especially for SMEs due to their limitations and lower brand equity. The cost of entering a new market is estimated to be around USD50million to more than USD100million (Brown, 1985). Therefore, on the vice versa, marketers are making full use of their existing brand equity to advertise their new extensions.
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spelling nottingham-263412017-10-19T13:30:46Z https://eprints.nottingham.ac.uk/26341/ Parent Brands and Brand Extension Strategies Al Husni, Mhd Zaid Brand equity is the dependent variable discussed in our group project by focusing on the analysis of four steps of CBBE model and further understanding how companies can increase their brand equity in an efficient way. Brand equity of a firm from customers’ perspectives play a very important role to gain their competitive advantages in the market, while at the same time, it is used by marketers to market their new product innovation under the same brand name to target their loyal customers, which is named as brand extension strategy. Moreover, there are risks for companies to enter into a new market segmentation, which would cause financial problems, especially for SMEs due to their limitations and lower brand equity. The cost of entering a new market is estimated to be around USD50million to more than USD100million (Brown, 1985). Therefore, on the vice versa, marketers are making full use of their existing brand equity to advertise their new extensions. 2013 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26341/1/MhdZaidAlHusni.pdf Al Husni, Mhd Zaid (2013) Parent Brands and Brand Extension Strategies. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Al Husni, Mhd Zaid
Parent Brands and Brand Extension Strategies
title Parent Brands and Brand Extension Strategies
title_full Parent Brands and Brand Extension Strategies
title_fullStr Parent Brands and Brand Extension Strategies
title_full_unstemmed Parent Brands and Brand Extension Strategies
title_short Parent Brands and Brand Extension Strategies
title_sort parent brands and brand extension strategies
url https://eprints.nottingham.ac.uk/26341/