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Unformatted text preview: Cola, Disney, Mercedes and Hewlett Packard. The strength of a brand can be exploited by a business to develop new products. This is known as brand extension a product with some of the brands s characteristics. Examples include Dove soap and Dove Shampoo (both contain moisturiser); Mars Bar and Mars Ice Cream. Brand stretching is where the brand is used for a diverse range of products, not necessarily connected, e.g. Virgin Airlines and Virgin Cola; Marks and Spencer clothes and food. The logo on a product is an important part of the product. A logo is a symbol or picture that represents the business. It is important because it is easy to recognise, establishes brand loyalty and can create a favourable image. Key Links for GCSE Business Studies http://www.tutor2u.net/ Discussion Board for GCSE Business Studies Other GCSE Business Studies Revision Notes and Resources from tutor2u Tutor2u GCSE Business Online Store...
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- Spring '10