Proctor and Gamble repositioned its Old Spice anti-perspirant brand from a deodorant your grandfather might use to a strong,hip anti-perspirant through commercials that showed the target market of 18- to 30-year-old men advocating its use.P&G used this product repositioning strategy with its Old Spice brand anti-perspirant to __________.
A) react to a competitor's position
B) catch a rising trend
C) change the value offered
D) diversify its product portfolio.
E) reach a new market
Correct Answer:
Verified
Q202: Trading down refers to _ when repositioning
Q216: A brand name refers to
A)a product's identifier
Q217: Reducing the package content without changing package
Q220: All of the following are factors triggering
Q221: The strategy of trading down involves _.
A)adding
Q222: An aging baby boomer population has led
Q222: The term branding refers to
A)the licensing of
Q223: Which of the following barriers does downsizing
Q224: Trading up refers to _.
A)adding product features
Q237: The stylized blue and white waves that
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