Markenverlust
Markenverlust refers to the decline in the perceived value, relevance, or strength of a brand. This can manifest in various ways, including a decrease in market share, reduced customer loyalty, negative public perception, or a weakening of brand recognition. Several factors can contribute to Markenverlust. A company's failure to adapt to changing consumer needs or market trends can lead to a brand becoming outdated. Poor product quality, ineffective marketing strategies, or damaging scandals can also erode a brand's reputation. Increased competition, where new brands offer more appealing alternatives, can also siphon away customers.
The consequences of Markenverlust can be significant. It can result in lower sales, reduced profitability, and