Questions
COMM_V 296 103 104 2025W1 2025W1 COMM 296 Final Exam - December 15- Requires Respondus LockDown Browser
Single choice
Together, Dr. Pepper and LipSmackers by Bonne Bell released a flavoured lip balm that tastes like the soft drink. What is this an example of?
Options
A.Decommoditization
B.Co-marketing
C.None of the other answers listed
D.Commodification
E.Co-branding
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Step-by-Step Analysis
Consider the collaboration described: two brands from different categories team up to create a product that leverages both brand equities.
Option 1: Decommoditization. This term would imply removing the commodity nature, or making a product feel more unique or personalized. The co-branded lip balm doesn't transform the product into something less market-like; it actually relies on ......Login to view full explanationLog in for full answers
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