Repositioning existing brands is simpler than creating a new brand in a global market.

Name: Repositioning existing brands is simpler than creating a new brand in a global market.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

Repositioning existing brands in a global market can be complex and challenging due to established perceptions, cultural differences, and consumer loyalty to the current brand positioning. Creating a new brand allows for a fresh start without these constraints.

Repositioning Existing Brands Is Simpler Than Creating a New Brand