Hormel owns a variety of brands, including Jennie-O, Muscle Milk, Skippy, and Justin's. For these brands, Hormel uses a ________ strategy.

Name: Hormel owns a variety of brands, including Jennie-O, Muscle Milk, Skippy, and Justin's. For these brands, Hormel uses a ________ strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Hormel uses a multibranding strategy, where it markets multiple brands in the same product category, such as Jennie-O, Muscle Milk, Skippy, and Justin's, each targeting different consumer segments.

Hormel Owns a Variety of Brands, Including Jennie-O, Muscle Milk