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The strategy in which marketers change a brand's focus to target new markets, or realign the brand with changing market preferences, is known as Blank______.Multiple choice question.brand extensionbrand licensingbrand repositioningco-branding

Question

The strategy in which marketers change a brand's focus to target new markets, or realign the brand with changing market preferences, is known as Blank______.Multiple choice question.brand extensionbrand licensingbrand repositioningco-branding

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Solution

The strategy in which marketers change a brand's focus to target new markets, or realign the brand with changing market preferences, is known as brand repositioning.

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