How do brands adapt to changing markets?
Brands adapt by analyzing market trends, consumer behavior, and competitor strategies to stay relevant.
Can you give me an example of a brand that successfully adapted?
Sure! Coca-Cola adapted by diversifying its product line to include healthier options in response to consumer demand.
What challenges do brands face during adaptation?
Brands often face challenges like resistance to change, misreading market signals, and resource constraints.
How can brands measure the success of their adaptation strategies?
Brands can measure success through sales data, customer feedback, and market share analysis.
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