-Widening their image to meet the needs of a different segment of the market
dis
- losing the current market because the target audience is not realli specific to them animore
- cost in conducting advertising and other marketing ploys
ad
- increase in sales > increase revenue
-acquiring another company to maximise sales for a particular product their compay sells
dis
- cost of acquisition, financial and intellectual
- maximise sales is not guaranteed. after the axqusition, the company might develop a whole new marketing strategi and it might not work well with the consumers as consumers usually dont like change, from a psychological pt of view
ad
- saving cost in the future as some workers who overlap are made redundant
- acuiring knowledge from other company, a possible discunt in intellectual property, patents, copyright
- acqusiiton usualli extends to a synergetic effect ie: '1+1=3'
-expanding their image for growth
dis
- cost of expansion
- risking of losing sales/growth. This might be because the current marketing mix is spot on and does not require drastic changes
adv
- great way to revive the current biz and ensure continous future profits
thatz all i can think of at the top of my head...