Re-offering
The act of presenting something for sale, provision, or consideration again, often after a previous attempt or iteration. This can involve financial instruments like stocks or bonds, goods and services, or even the opportunity for participation in an event. The purpose of a re-offering is typically to either capitalize on market conditions, correct previous failures, generate renewed interest, or introduce the same item under potentially more favorable terms. This term is commonly used in business, finance, and marketing contexts.
Re-offering meaning with examples
- After the initial public offering (IPO) saw underwhelming demand, the company decided on a re-offering of shares at a lower price point to attract more investors. The revised strategy included a more focused marketing campaign and clearer communication about the company's future prospects to generate the necessary buzz.
- The restaurant, experiencing a decline in patronage, decided to execute a re-offering of their menu by introducing new dishes, updating the ambiance, and implementing a targeted marketing approach to win back loyal customers and attract new ones, making a concerted effort.
- Following a product recall, the company planned a re-offering of the modified product, ensuring that the necessary safety improvements had been made and communicated to reassure consumers. This included a relaunch campaign focused on demonstrating the product's improved safety and value.
- The investment bank handled a re-offering of a municipal bond after initially struggling to find takers, adjusting the yield and maturity to align with current investor demands. The renewed promotion included updated data concerning the municipality's finances to attract bondholders.
- Due to a scheduling conflict, the concert organizers decided on a re-offering of the tickets at a later date. This provided them with more time for promotion to increase attendance and address a shortage of tickets, and also provided them time to book another venue.