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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
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Solution

Break Down the Problem

  1. Identify the concept of brand repositioning.
  2. 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

  1. 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.
  2. Co-branding: This refers to a partnership where two brands collaborate, which is not the same as repositioning.
  3. Brand Dilution: This indicates a reduction in brand value, often due to overextension, thus not relating to repositioning positively.
  4. 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.

This problem has been solved

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