reposition

Intermediate 📣 Marketing / Advertising

Definition

Corporate-speak for moving something (product, brand, employee) to a new spot on the strategic chessboard without admitting the old spot was a catastrophe. It sounds purposeful and planned, even when it's actually panic with a PowerPoint deck.

Example Usage

After poor Q2 sales, the company decided to reposition its flagship product as a luxury offering.

Source: Common marketing and corporate jargon

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