This is a discussion on Does variety back fire within the Marketing & Brand Development forums, part of the Business category; For years, companies have expanded their product lives in an attempt to better meet the needs of target customers. Typically, ...
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I think that is true - you can dilute your brand by offering too much. I think this is particulary relevant with service-based companies, when they offer services that they do not have enough expertise in. I feel as long as companies always ensure that their ancillary products are in keeping with the quality of their main product, that they should be able to leverage their trust.
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Look at GM.
They offer several vehicles that are practically the same, but have different brands and model designations. The interiors are a little different and the exteriors have minor differences. I think their mid-size SUV is offered in about 5 different "flavors". It must work for them.....oh wait....they lost how many BILLION dollars last quarter? Hmmm... |
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This really depends on the product. For some products it will work wonders but for others it will not.
Coca Cola for example is a bad example for variety because it is a drink and is best left in one or at most two types (diet for those dietoholics) But other products such as vehicles it does wonders. So really I think it depends on a variety of factors including but not limited to the product.
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