When I was growing up, there was only one kind of Peep — yellow chicks. Now the iconic marshmallow comes in a multitude of flavors and colors but more than that, the Peep line has expanded into products that have nothing to do with candy. Walmart literally has an entire aisle of Peep merchandise: socks, pillows, kids’ clothes, journals, pens, tumblers, and more. I guess the chicks have hatched!
It is wonderful for the company to have such recognition and to be synonymous with Easter but an overextension of the brand can dilute its appeal and cause challenges in execution. Slapping a pastel-colored rabbit on something isn’t anything like producing a holiday sweet treat.
Before you allow your product line to multiply like rabbits, think about the core product in which you can excel. Being great at a few things is better than being mediocre at many.
Have a Happy Easter with your peeps!