In its recent "You're not you when you're hungry-Snickers satisfies" TV ad campaign, Mars, the maker of the Snickers candy bar, repositioned Snickers from a candy bar dessert-like food to a snack food that can satisfy one's immediate feeling of hunger. Mars used this product repositioning strategy with its Snickers brand to
A) react to a competitor's position.
B) catch a rising trend.
C) reach a new target market segment.
D) change the value offered to its customers.
E) implement a global strategy.
Correct Answer:
Verified
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Q202: Trading down refers to _ when repositioning
Q204: Trading up refers to
A) adding product features
Q209: Reducing the number of features, qualities, or
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Q219: The strategy of trading down involves
A)adding product
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