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Also whether a champion was a success during that era (1992 through to the MNW) had less to do with ratings and buy rates and the likes they are judged by nowadays. The main indicator in those days was the house show attendance.
Bret was not lucky to be coming off the back of the Hogan run by any stretch because Bret (and Flair before him) were at the head of the biggest domestic downswing the WWF had ever seen in 1992 which virtually crippled the company to the point where house shows were regular money losers for the company right through to 1997/98 when things got hot again.
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