Brand repositioning is also known as Blank______.Multiple choice question.rebrandingco-brandingbrand dilutionbrand licensing
Question
Brand repositioning is also known as Blank______.
Multiple choice question.
- rebranding
- co-branding
- brand dilution
- brand licensing
Solution
Break Down the Problem
- Identify the concept of brand repositioning.
- Analyze the provided options for their relevance to brand repositioning.
Relevant Concepts
- Brand Repositioning: This involves changing the brand's status in the market to target a different customer segment or to refresh its image.
Analysis and Detail
- Rebranding: This is the term that closely aligns with brand repositioning, as it typically involves altering aspects of the brand to attract new audiences or change perceptions.
- Co-branding: This refers to a partnership where two brands collaborate, which is not the same as repositioning.
- Brand Dilution: This indicates a reduction in brand value, often due to overextension, thus not relating to repositioning positively.
- Brand Licensing: This involves granting permission to another party to use the brand's trademark, which is a different concept altogether.
Verify and Summarize
After analyzing the options, "rebranding" is the term that directly correlates with brand repositioning, as both involve making changes to update or alter a brand's identity in the market.
Final Answer
Brand repositioning is also known as rebranding.
Similar Questions
Multiple Choice Question_____ is the process of naming and identifying products.Multiple choice question.PackagingLabelingBrandingSegmenting
Testing a product among potential users is Blank______.Multiple choice question.target marketingbrandingconcept reviewtest marketing
A Blank______ orientation is finding out what the consumers want and providing it for them.Multiple choice question.marketcustomersellingproduct
Fill in the Blank QuestionFill in the blank question. competition is competition illustrated through product differentiation and advertising.
Creating a brand identity is the _____ step in branding?*thirdsecondfirstfourth
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.