In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this

Question

Elenna [48]

1 year ago

15

In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this

is to __________ the brand.

Business

1 answer:

Leya [2.2K] · Answer 1 · 2024-02-10T08:14:11+03:00

In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this is to reposition the brand.

This is further explained below.

<h3>What are high-end brands?</h3>

Generally, It's possible that some high-end businesses may try to appeal to a wider variety of consumers while the economy continues to struggle as a whole.

Repositioning the brand is one approach that may be used in this direction.

In conclusion, The highest-end versions of things, particularly electronic ones, often come with the highest price tags.