unique activity-enabling qualities, and for nearly four years, dominated hardware sales
in the gaming industry as any true competition for the product was yet to be introduced.
However, this changed in late 2010 as Sony introduced its own motion-detecting
gaming system to the market, the Playstation Move. Sony has marketed the product as a
superior product to Nintendo’s, claiming that it is more precise and flaunts the
Playstation’s highquality graphics. Sony’s Move has been a topic of great debate, but the
reception of the product over the long haul is yet to be seen. To dethrone the Wii, Sony
will need to find a way to appeal to those that have not yet bought into
“motiongaming.” And of course, it wouldn”t hurt if Sony somehow found a way to
entice Nintendo followers to switch over to its newest addition to the gaming industry.
Individuals who have been using the Wii do not want to switch to the Move because
they relate it to a superior gaming experience and also because it has been in the market
for a long time. The Wii is an example of a product that has ______.
a. brand equity
b. brand variance
c. brand extension
d. elasticity of demand
Scenario1-1
In 1996, a graduate from the University of Maryland, Kevin Plank founded Under
Armour, a performance apparel company that now competes with some of the top
apparel brands in the industry. During its first ten years of operations, the company was
known primarily for its sweat-wicking clothing line. In late 2010, however, Under
Armour released its first line of basketball shoes since the company’s inception. “Along
with the new product line, the company must have a new brand image,” said Plank. “I
called our marketing team and asked them to go through this building and find anything
that says that we are only an apparel brand and throw it away.” The company has also
removed all advertisements carrying the word “apparel,” and will begin exploring new
ways to promote the brand. The company hopes its new efforts will allow the company
to be viewed as an overall “performance” company, which will ultimately enable it to
compete with footwear from powerhouses Nike and Adidas, and will help increase its
current 1.1 percent market share.