000 02021pab a2200205 454500
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040 _cWelingkar Institute of Management Development & Research, Mumbai
_aWelingkar Institute of Management Development & Research, Mumbai
041 _aENG
082 _a
_bTha
100 _aThamaraiselvan N
245 _aHow Do Consumers Evaluate Brand Extensions-Research Findings from India
250 _a1
260 _a
_bApr-Sep 2008
_c0
300 _a43-62 Pp.
490 _v8
520 _aIn today's intense competitive environment, companies launch new products to satisfy constantly changing consumers' preferences. The new products are prone to failures due to many factors. Companies take efforts to reduce new product failure rates to maximize their returns for their stakeholders. A brand extension, leveraging existing brand names to new product categories is one such strategy to reduce the risk of new product failures. Despite two decades of research in branding, many vagaries are yet to be explored and understood. This study primarily focuses on how consumers evaluate brand extensions for FMCG (Fast Moving Consumer Goods) and service product categories in Indian market conditions. It explores how exactly the consumers evaluate different product categories based on factors like, similarity fit, perceived quality, brand reputation and perceived risk. It brings out the impact of brand reputation of the core brand and perceived service quality on the brand extensions evaluations. It highlights the role of perceived risk involved in the extended product category in brand extensions evaluations. Most importantly, this study establishes the relationships among similarity fit, brand reputation, perceived service quality and perceived risk in extended product categories through appropriate multivariate analysis.
650 _aConsumers Behaviour, Brand Extensions
856 _uhttp://192.168.6.13/libsuite/mm_files/Articles/AR10203.pdf
906 _a29559
999 _c30053
_d30053