Final Customer Purchasing from the Product Producer
Use Steps: Use steps include all the customer's value added activities or the consumption of the product itself. These steps include all the costs the customer incurs in employing the product in its intended use.
C.
Experience: Enhance the experience the customer has with the product
3. Increase the customer's sense of security with the product
C. Your investment is safe
Use different brands for different price points
No. | SIC | Year | Note |
1 | 0 | 2003 | The use of sub-brands and endorsed brands help handle situations where the corporate brand is stretched. However there are challenges that corporations still face. Corporate brands are trying to stay relevant, create value propositions, manage negative associations, adapt the corporate brand to different contexts and make the corporate brand identity happen. A brand's boundaries directly affect the relevance of the brand and its potential to extend into new product markets. |
2 | 2084 | 2002 | Ravenswood Winery has produced a Vintners Blend. The collection is fruitier and easier to drink and retails for about $7 a bottle. 400,000 cases are produced a year. There is a pricier line, the Vineyard Designated Series which sells for about $50 a bottle. |
3 | 2200 | 2003 | Springs Industries, the textile maker, uses the Wamsutta brand for its upper-price-point products. |
4 | 2300 | 1997 | Levis is waking up with a move to pump up its Silver Tab brand, the eight-year-old brand considered more stylish among young consumers. |
5 | 2389 | 2002 | Levi is also introducing a new sub-brand called "Type One". This new sub-brand is distinguishable from the "red tab" line in that in includes lower-slung fronts, narrower knees and extra-wide flares. This sub-brand will sell from $35 to $95. |
6 | 2851 | 1992 | Sherwin-Williams has aimed its individual brands at specific markets and priced them competitively–different within each market. |
7 | 3531 | 1985 | Cat is turning its attention to broad-scale marketing of smaller equipment that it already sells. It has grouped its smaller machines under a single marketing umbrella and is selling them as the Century Line. |
8 | 3674 | 2003 | Until recently, Power Integration's products were in 15% of a then-$700 million addressable market. Those products included its mainstay TopSwitch for the high end voltage market and TinySwitch I for the lower end. |
9 | 3711 | 2000 | BMW has announced a plan to build an entry-level compact under the BMW marquee. This is the very step that BMW tried to avoid by acquiring Rover. They wanted to protect the prestige of BMW by selling higher-volume, cheaper cars under the Rover brand. |
10 | 3949 | 1999 | Brunswick Corp. entered the bicycle business in 1996 with the purchase of the low-priced Roadmaster brand from Roadmaster Industries for $109 million. Brunswick added the Mongoose line of bicycles in 1997, a moderate-to high-end bicycle sold by mass merchants. |
11 | 5311 | 2003 | To meet the demands of its customers for a cosmetics department, Kohl's discount department store recently made a deal with Estee Lauder cosmetics company. Estee Lauder, not wanting to jeopardize its upscale name or its relationship with high-end department stores, is creating a new company division called BeautyBank to develop products and brands exclusively for Kohl's. |
12 | 7011 | 2001 | Some large hotel chains including Starwood Hotels & Resorts Worldwide (which owns and operates hotels like Sheraton and Westin) have begun cashing in on the popularity of boutique properties. Starwood launched its W brand to compete in the boutique-hotel market. |
13 | 7011 | 2005 | Starwood Hotels & Resorts was the first major hotel firm to introduce a boutique brand for urban markets with the W Hotel. InterContinental launched the Indigo last year, and recently Choice Hotels came out with Cambria Suites. |
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