Refining
might mean increasing focus on a successful tagline or adding products to
reinforce a personification, just like Travelocity did with their “Roaming
Gnome” product line, or crystallizing and concentrating all of your efforts
towards a particular market segment.
- In the latter case, this could mean any of the following:
- A hidden market you’ve discovered
- A wildly successful market segment that is buying beyond your expectations
- The market for a higher ticket upgrade of your product that is converting below expectations
In each case, you would tweak either
your product or your promotional strategies to better please and reach the
problem or desired market segment.
It might also be simply a case of
making the most of a branding element that has turned out to be a runaway
success.
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