Introducing a host of new products under a firm’s strongest brand names
Brand extension
Adding an additional product to an existing product/brand line.
Line extension
Creating a new product line with the existing brand
Category extension
occurs when consumers no longer associate a brand with a specific or highly similar set of products and start thinking less of the brand
brand dilution
example of brand dilution
Coca-Cola Clothing
Stages of the product life cycle
Introduction
Growth
Maturity
Decline