repositioning

(adjective)

Changing the identity of a product or a company in the minds of stakeholders and competitors.

Examples of repositioning in the following topics:

  • Repositioning

    • Repositioning involves changing the identity of a product relative to competing products.
    • Repositioning involves changing the identity of a product relative to competing products.
    • Many famous companies have saved failing products by repositioning them in the market.
    • An organization can reposition a product line, a brand, or an entire company.
    • The complete dedication of stakeholders and the creation of a product that is in demand can help companies survive a repositioning strategy.
  • Adjustments to Products

    • The VW Beetle is an example of a product that has been adjusted and repositioned over the years in response to changes in technology, costs, and customer preferences.
    • Product repositioning involves changing the market's perceptions of a product or brand so that it can compete more effectively in its present market or in other market segments.
  • GE Approach

    • It is also a good way to assess how a company is doing in a specific market and if repositioning may be necessary to revive a faltering product line, brand, or organization.
  • Price Competition

    • A retailer such as K-mart, known as a discount chain, found it impossible to reposition itself as a provider of designer women's clothes .
  • Impact of the Product Life Cycle on Marketing Strategy

    • By imaginatively repositioning their products, companies can change how customers mentally categorize them.
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