What is Repositioning?

What is repositioning?

Repositioning involves making a significant shift in how a brand or product is perceived by its target market. It is a strategic decision to alter the positioning of a product to better align with changing market conditions, consumer preferences, or competitive landscapes. Successful repositioning requires the firm to reshape the target market’s understanding of the product, which can be particularly challenging for well-established or strongly branded products with entrenched perceptions.…

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Determinant Attributes

But what is meant by a ‘determinant’ attribute? Well, a simple way to think about determinant attributes is to consider the particular attributes a consumer uses when they are determining their choice between competitive offerings. In other words, determinant attributes are the most important for them and are used to differentiate key offerings.

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