Special K Essay

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NEW BRAND STRATEGY
Based on the challenge identified, regarding to the customer concerns over consumer health and wellbeing and the high sugar content contained in breakfast cereal products, as a strongly recognised brand, for great nutritional value, Kellogg’s ‘Special K’ requires implementing a brand extension and functional positioning strategy, in which the company can extend the existing brand to a new category, with the same name, and solve customer issues through providing tangible benefits.

A new ‘Special K for Kids’ brand extension, enables Kellogg’s to provide a product of great nutritional value to consumers, children, whilst being viewed by customers, parents, as a beneficial product of purchase. A multidimensional marketing strategy, …show more content…

Based mainly on distinctive, semiotic attributes of the brand such as design, colour, size, images, smell and others, these enable the ‘Special K for Kids’ brand to attract children as major the consumers.

Additionally, the CPM type enables to develop brand loyalty from the customers, who are not necessarily the consumers of the new brand extension, although the buyers of the brand. The marketing campaign considers rational, cognitive and systematic aspects, such as healthy and nutritional qualities, and great value for money, to develop brand loyalty from parents, and further purchase the product brand based on child influential preferences. This brand extension expects to develop brand equity via an IMC strategy to consumers, from aspects including personal messages, large audience reachability, a high level of interaction, and a large degree of credibility towards the targeted audience (Kitchen & De Pelsmacker, 2004). Media advertising through television commercials enables the product brand to reach a large audience scope and develop a high amount of credibility among consumers. Although this marketing channel does not appear as personable, it does develop greater responsiveness and higher credibility from child consumers, rather than

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