When markets turn hostile, it is no surprise that managers are tempted to extend their brands vertically - that is, to take their brands into a seemingly attractive market above or below their current positions. For companies chasing growth, the urge to move into booming premium or value segments also can be hard to resist. However, leveraging a brand to access upscale or downside markets is more dangerous than it first appears. Before making a move, managers should ascertain whether the rewards will be worth the risks. In general, managers should avoid vertical extensions whenever possible. There is an inherent contradiction in the very concept because brand equity is built in large part on image and perceived worth, and a vertical move can easily distort those qualities. Still, certain situations demand vertical extensions. One way to avoid any negative repercussions of accessing a downscale market is to launch a new brand. Other options include repositioning the entire brand or using sub-brands. Similar strategies can be used when moving a brand from a mainstream market into an upscale arena.