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Published byElmer Reeves Modified over 8 years ago
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Positioning defines the market niche you focus on relative to the competition. Sometimes, positioning is as simple as saying "Best-selling minivan" or "The world's favorite airline." However, leading the market isn't the only position available. You can position your company based on customer service, pricing, quality, delivery, innovation, style, and so on. Product Positioning
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The focus of positioning is the image a product projects. The goal of product positioning is to set the product apart from the competition. Products can be positioned: by price and quality by features and benefits in relation to the competition in relation to other products in a line Product Positioning Slide 1 of 3
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Positioning by Price and Quality Stresses paying more as a symbol of quality or low price as an indication of value. Positioning by Features and Benefits Stresses product features and benefits, or unique characteristics. Marketed as a platform for audio and visual media such as books, periodicals, movies, music, and games, as well as web content Slide 2 of 3 Product Positioning
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Positioning in Relation to the Competition Stresses comparison to the competition or play to the competitor's weaknesses. Positioning in Relation to Other Products in a Line Stresses association with a successful brand. Slide 3 of 3 Product Positioning
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