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Repositioning
According to Phillip Kotler there are three positioning alternatives to be considered:
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to strengthen brands present position
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to search new still unexploited position
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to reposition
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Repositioning is the task of implementing a major change the target market’s perception of the product’s key benefits and features, relative to the offerings of competitive products.
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Repositioning is how you adjust perceptions about you and your competition instead change people’s mind.
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Repositioning is not about what you want to do but what your competitors will let you do.
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