Co-branding occurs when two or more brands enter into a partnership that potentially
serves to enhance both brands’ equity and profitability.
According to the MECCAS model, the value orientation represents the product value
level on which the advertising style focuses and can be thought of as the driving force
behind the advertising execution.
Coupons are the premier sales-promotion device for generating trial usage.
Assume that you are working in the marketing department of Keebler. The company is
developing a new cracker. You are convinced that promotion is the best way to launch
this new product. Explain what the term ‘promotion’ means, discuss how it is different
than advertising, and list the types of promotions appropriate for each of the potential
targets of sales promotion for this type of product.