
Marketing 13th Edition by Gary Armstrong, Philip Kotler
Edition 13ISBN: 978-0134149530
Marketing 13th Edition by Gary Armstrong, Philip Kotler
Edition 13ISBN: 978-0134149530 Exercise 9
Plymouth Rock Assurance is an insurance company with a brand-ing tale to tell. What started as a single Massachusetts-based auto insurance company in the early 1980s quickly grew into a group of separate companies that write and manage property and casualty insurance in various states. To streamline operations, cut costs, and better serve customers, the company undertook a rebranding process to combine three distinct auto insurance brands-Plymouth Rock, High Point, and Palisades-into one.
Rather than remaking the brand overnight, the company carried out a gradual transformation that retained existing brand equity and put customers' minds at ease. With Plymouth Rock as the parent brand and High Point and Palisades as sub-brands, the company transitioned the three into a single brand in incremental steps.
After viewing the video featuring Plymouth Rock Assurance, answer the following questions:
Describe the process that Plymouth Rock Assurance used to rebrand the company. How does this process differ from other options it could have pursued?
Rather than remaking the brand overnight, the company carried out a gradual transformation that retained existing brand equity and put customers' minds at ease. With Plymouth Rock as the parent brand and High Point and Palisades as sub-brands, the company transitioned the three into a single brand in incremental steps.
After viewing the video featuring Plymouth Rock Assurance, answer the following questions:
Describe the process that Plymouth Rock Assurance used to rebrand the company. How does this process differ from other options it could have pursued?
Explanation
Branding is done by most skilled profess...
Marketing 13th Edition by Gary Armstrong, Philip Kotler
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