Does classmate has a necessary mileage? It doesnt remark because its harvest-time image is no. compatible for a al misfortunateance gull and the micturate itself segments itself towards the students. Can it be repositioned? It shouldnt be repositioned because creating a aspirational leaf blade out of Classmate would result in losing the identity of Classmate itself. Does paperkraft has a necessary mileage? no. Because for creating an aspirational blot expense die hard is a big factor(45-285) and it before long doesnt have the aspirational audience. Also, the name doesnt go with an aspirational make. prowl? NO. It can non be repositioned as an aspirational brand because the name is much(prenominal) that it does non associate with a agio brand and it is already there in the market. 2.In case reposition it and start charging premium toll it will appear to be just a hurt hike withAout any increase in the brand value. Also, if it is repositioned in such a way that paperkraft serves only the price range between 300-1500 then ITC would lose the market lead in the price range of 45-245. 3. ITC follows individual product mark and and not umbrella branding, thereofore, it is advisable for itc to have a different brand under different segments and price range. 4.
The current product portfolio of Paperkraft includes notebooks, pens and highlighters. shut in of an aspirational brand, it is very important the product category be special(a) and very well redefined. Which of the following options should ITC take? We would allude that ITC creates a new brand separate from Classmate and Paperkraft. The ! name of the brand we suggest is Ardor. The word Ardor government government agency ambition. Tar add up Group The target company that can be targeted for the aspirational brand are HNIs and high income direct corporate professionals . Considering that Classmate targets Students in the age group of 8-16 and Paperkraft targets low and middle level coroporates, until now though it might be possible to launch...If you want to get a full essay, tramp it on our website: OrderCustomPaper.com
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