dual branding
DESCRIPTION
The PowerPoint Presentation is about Dual branding with their advantages & disadvantages and the Success Strategy with examples.TRANSCRIPT
AJAY KUMAR
Dual Branding
What it Means
It is the combination of two
different brands by the same
firm with each contributing its
own specific meaning to the
brand architecture.
Advantages
Increase the market share
Saturating the market by filling all price
and quality gaps
catering to brand switchers users who
like to experiment with different brands
keeping the firm's managers on their
toes by generating internal competition
Disadvantages
Brand Cannibalization
Difficult to manage two different
brands, due to splitting in Ad-
spend.
Possibility of blurring brand
identity in the eyes of the
consumer.
Duplication of roles of the
corporates.
Success Strategy
Brand Positioning
Differentiate Products/services
from the existing one
Different target segment for each
brand
Appeal to different Buying
Motives
Few Examples
Best Buy & Future Shop for consumer electronic goods
Danfoss Drives & HoliP
Wendy’s & Arby’s in Restaurant Chain
Steinway Pianos & Boston and Essex
Seagate & Maxtor
Toyota & Lexus
Dow Corning & Xiameter