Principles of Marketing Communication: Burberry Brand Repositioning
VerifiedAdded on 2022/10/12
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This assignment analyzes the brand repositioning strategy of Burberry, a luxury brand aiming to enhance its image and market position. The study examines the relevance of brand positioning and repositioning for marketers, emphasizing their role in improving brand value and image. It explores the implications of successful repositioning, including competitive advantage, increased sales, and adaptation to market changes. A positioning map illustrates Burberry's shift toward the high-quality, high-price quadrant, comparing it with competitors like Gucci and Primark. The assignment further discusses two key methods for brand repositioning: symbolism-oriented and celebrity-oriented approaches, providing a comprehensive overview of strategies to achieve brand objectives and address market changes. The report concludes by summarizing the advantages of brand repositioning for businesses and providing actionable insights for marketing professionals.
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