Axe Anarchy - En avvikelse från det vanliga
En studie av hur Axe
Consumer based brand equityBrand extensionAxeAxe AnarchyKonsumentbaserat varumärkesvärdeVarumärkesutvidgningAxeAxe Anarchy
The concept of brand equity emerged inthe eightiesto justify the long term value of marketing investments. Brand equity signify the value that a brand adds to a product and is the result of the marketing of a brand. One of the most widely used strategies to enhance brand equity is to do a brand extension, which means that a firm uses an established brand to introduce a new product to the market. At worst, a failed brand extension can damage the brand equity, which Vinjamuri (2008) claims that the brand Axe is currently in danger of doing. This January Axe launched an extention including products for both men and women for the first time and Vinjamuri claims that this can disappoint Axe´s former target group (men between 14 and 27 years old) (Newman, 2012). In this thesis Axe´s brand equity among the extensions target group (men and women, age 14 to 27) in Sweden is studied to find out if the brand extension is likely to affect the brand equity in the target group. The research, that is mainly based on theory by Keller et al. (2008), is made through a comperative study of two groups, where one group is given information about the brand extension. The results of the research indicate that Axe's brand equity is neutral or negative among the target group and that the brand extension has no noticable impact on Axe´s brand equity.