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Enjoy Your Favourite Book as a Movie: Using an Experiential Learning Exercise to Improve Student Understanding of Brand Extensions and Marketing Plan Preparation

By: Contributor(s): Material type: TextTextDescription: 112-126 pSubject(s): In: Sage Publication IIM KOZHIKODE SOCIETY AND MANAGEMENT REVIEWSummary: Marketers frequently use brand extensions to introduce new products and services. However, educators have limited resources to simulate the challenges of this strategy in classrooms. Using the scenario of a book being turned into a movie, we describe an experiential learning activity that guides students through the many stages of developing a brand extension. In this project, they also have the opportunity to put themselves in the shoes of a marketing manager in the preparation of a thorough plan for expanding an established brand to a new target market. The outcomes of its implementation in a marketing course, as well as the implications for marketing educators, are reviewed.
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Holdings
Item type Current library Call number Vol info Status Notes Date due Barcode Item holds
Journal Article Journal Article Main Library JOURNAL/MGT/Vol 12, No 1/55513474JA8 (Browse shelf(Opens below)) Available Vol 12, No 1 55513474JA8
Journals and Periodicals Journals and Periodicals Main Library On Display JOURNAL/MGT/Vol 12, No 1/55513474 (Browse shelf(Opens below)) Vol 12, No 1 (01/01/2023) Not for loan IIM Kozhikode: Society Management Review - January 2023 55513474
Total holds: 0

Marketers frequently use brand extensions to introduce new products and services. However, educators have limited resources to simulate the challenges of this strategy in classrooms. Using the scenario of a book being turned into a movie, we describe an experiential learning activity that guides students through the many stages of developing a brand extension. In this project, they also have the opportunity to put themselves in the shoes of a marketing manager in the preparation of a thorough plan for expanding an established brand to a new target market. The outcomes of its implementation in a marketing course, as well as the implications for marketing educators, are reviewed.

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