BizNews
Looking to introduce a new brand extension? Be sure to leverage brand equity of parent brand as well as extension fit
Managers expect that introducing a new product under an existing brand name can reduce introduction costs, lower the risk of failure, and increase firm profit. However, only 30% of all brand extensions in the US consumer packaged goods market survive the first two years.
BizNews
In-aisle store displays might crowd shoppers and reduce overall sales
Retailers might seek strategies to boost product exposure without also increasing crowding – especially for cart shoppers who may experience greater crowding effects – and that excessive use of in-aisle fixtures will likely dampen sales at the aggregate level rather than increasing it.
BizNews
Structure of online reviews shapes their helpfulness
Reviews that grow increasingly positive are most helpful to readers, while those that turn negative are least helpful. For average-rated products, progressively negative trajectories enhance helpfulness, whereas reviews that start negative and grow positive are least effective.
BizNews
Reversible words can lower consumer disbelief in ads
A simple word choice in marketing messages can significantly impact how confident consumers feel about believing – or not believing – a claim.
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BizNews3 weeks agoStructure of online reviews shapes their helpfulness
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BizNews3 weeks agoReversible words can lower consumer disbelief in ads
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BizNews2 weeks agoIn-aisle store displays might crowd shoppers and reduce overall sales
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