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Straight product extension is the practice of releasing an existing product without making any changes to it while releasing it to a foreign market. This practice can be used without negative repercussions with the right PR of a company and it's products if the company exists in the United States. The United States is popular for releasing trends in the world therefor allowing this practice to go inhibited for US based companies with built reputations. Consideration however must always be made in the impact to culture and other environmental factors a product may make.

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What does the straight extension adaptation strategy of international marketing entail?

the same product is marketed to all countries (a "world" product), except for labeling and language used in the product manuals. The assumption behind this strategy is that consumer needs are essentially the same


Why product extension and refinement are important.?

Product extension and refinement are crucial for maintaining a competitive edge and meeting evolving customer needs. By extending a product line, companies can tap into new markets and diversify their offerings, which can lead to increased revenue. Refinement, on the other hand, ensures that existing products remain relevant and high-quality, enhancing customer satisfaction and loyalty. Together, these strategies help businesses adapt to market changes and drive long-term growth.


What is the difference between a wholesaler and a retailer?

A wholesaler is a product distributor straight from the factory. A retailer usually gets their products from a wholesaler but it costs you a little more money.


Why is product loyalty important to product developers?

I assume you are asking a straight forward question and not the reversal (ie, you are asking "why is product loyalty important to product developers" and not "how does product developer improve product loyalty.") Product Loyalty is important because it creates a "constrain" on how much to change. Ie, if you have a lot of loyal customers using a product and you are going to make a new product, you don't want to create a completely new design, because that will cause your existing loyal customers to go crazy. So, you want to make it easy for your existing loyal customers to use the new product yet at the same time, introduce new features/ways to use it. Loyal customers are also more "tolerant" towards faults in the new product. They are more kind to "over-see" a minor design error as compared to a new competitor. "Resistant to change" is important key.


Is acquisition a kind of brand extension?

Brand extension is when your company (brand) goes to overseas markets so the answer would be no. An acquisition would be increasing brand equity.

Related Questions

What does the straight extension adaptation strategy of international marketing entail?

the same product is marketed to all countries (a "world" product), except for labeling and language used in the product manuals. The assumption behind this strategy is that consumer needs are essentially the same


What is extension in terms of marketing?

Brand Extension: Using a well-known brand to launch new products in different areas. Product Line Extension: Adding new versions or types of an existing product (like different sizes or flavors).


What is the definition of 'brand extension'?

A brand extension is the use of an established brand name on a new product to help increase sales on the new product. An example of a brand extension would be Jello gelatin creating Jello pudding pops or Bic, known for making pens also making shaving razors.


What is product extension communication adaptation?

It is extending the product line and length and designing the promotional strategy like wise.


What is the difference between product extension and brand extension?

Line Extension is mean adds a variety in their existing line, for example: for soft drink manufacture, their decide to come out new favor like 'Diet' or 'Cherry' in the cola line; the toy manufacture come out a new character or accessories in its product lines. They still have related to their old product. Brand Extension means the product are using the same brand name but different product class, for example: the soft drink manufacture coming out the juice drinks under their company name. Because the customer is familiar to the brand name, so this can drive them to try a new product than totally unrelated to the old product lines.


What does the root word rect mean?

Rectify is derived from the Latin "rectus", meaning "straight". Hence rectify means "to straighten" or by extension "to correct" or "to make right".


What are the different types of extension cord ends available for purchase?

The different types of extension cord ends available for purchase include straight blade, locking, twist-lock, and weatherproof.


Is khirki extension regularised colony in delhi?

Straight answer No! But some parts can be regularised as they do not cover ASI's restricted area.


What is an example of a product extension merger?

An example of a product extension merger is the 2000 merger between Quaker Oats and Gatorade. Quaker Oats sought to expand its product offerings beyond traditional food items and leveraged Gatorade’s strong position in the sports drink market. This merger allowed Quaker Oats to tap into the growing health and fitness trend, while Gatorade benefited from Quaker's distribution network and resources.


What can you put in your hair so it stays straight?

product... daaah! idiot.


If you add a 6 ext to your torque wrench do you have to change the torque setting?

as long as the extension is perpendicular to te wrench it will not affect the torque. if your extension makes your torue wrench longer or shorter this will give you more leverage and will give you less torque than desired more leverage vice versa if extension is lower than socket drive. if its sticking straight out you will be fine as long as the extension is perpendicular to te wrench it will not affect the torque. if your extension makes your torue wrench longer or shorter this will give you more leverage and will give you less torque than desired more leverage vice versa if extension is lower than socket drive. if its sticking straight out you will be fine


What is an extension past the anatomical position?

An extension past the anatomical position refers to moving a joint beyond its neutral or straight position. For example, hyperextending the knee means straightening the leg beyond the normal straight position. This movement can be done intentionally or unintentionally and may result in injury if taken too far.