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line extension

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line extension

Extension of an existing product line or brand by the addition of a new modification, such as a new flavour. An example would be the addition to the existing product line of a milk chocolate version of a chocolate bar. An advantage of line extension is that it protects a product line from competition by anticipating a rival's product development. However, a possible disadvantage is that, rather than adding additional customers, it merely spreads the existing customers over a wider product range.



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We plan to enhance our brand equity and facilitate product line extensions," said Kaizer Federal, managing director of Kaizer.
FireAngel is gaining greater brand recognition and we have seen significant growth from our non-retail customers thanks to the successful introduction of derivative product line extensions.
In fact, GSK said yesterday the days of product line extensions were numbered.
 
 
 
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