Purchase Solution

Zildjian: Brand Extensions

Not what you're looking for?

Ask Custom Question

If Zildjian wants to make another brand extension other than microphones... let's say, drum sticks or something you think is cooler like an amp or clothing... *how* should they do it successfully? One citation would be fine.

Purchase this Solution

Solution Summary

The brand extensions for Zidjian is examined in the solution.

Solution Preview

The Zildjian drumsticks were introduced around the same time as the microphones, and are still being manufactured today. So the mics failed (even with Neil Peart's enthusiastic endorsement) but the sticks succeeded.

Here's a very good paper on how to make an extension succeed (from the Journal of Consumer Marketing):
http://www.niazmandieiran.com/pdfFile/BE.PDF

So we have "brand equity:" A positive association with the brand name and a new product. That's an easy one.

Then, "brand awareness" the author states,

"Brand awareness is important for other reasons besides its role in generating a consideration set. For some low involvement products, brand awareness is sufficient to create sales. Since consumers spend little time or effort on the consumption decision of low involvement products, familiarity with the brand name may be enough to determine purchase. The most important ...

Purchase this Solution


Free BrainMass Quizzes
Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.