When a company sells a new product with the current brand name to enter a new market segment in its product class, it is using a __________ strategy.

When a company sells a new product with the current brand name to enter a new market segment in its product class, it is using a __________ strategy.



a.

mixed branding

b.

brand extension

c.

co-branding

d.

family branding

e.

product line extension



Answer: product line extension


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