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Product Positioning IMAGE.

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Presentation on theme: "Product Positioning IMAGE."— Presentation transcript:

1 Product Positioning IMAGE

2 Product Positioning The efforts a business makes to identify, place,
sell its products. “The Image that a Product Projects”

3 Product Positioning GOAL: Set the Product Apart from the Competition (Differentiate) Positioning Strategies Includes: - Position by Price and Quality - Position by Features and Benefits - Position in Relation to Competition - Position in Relation to Other Products in a Line

4 Positioning by Price and Quality
High Price is a symbol of Quality Low Price is an indication of Value Company may offer: Economy, Mid-Priced, and/or Luxury Line

5 Positioning by Price and Quality
EXAMPLE FORD offers: Focus – Economical Compact Car Mustang – High-Performance Car Lincoln Continental – High-Priced Luxury

6 Position by Features and Benefits
Products are associated with a customer benefit or a special attribute (feature) Example: OIL of OLAY Special Moisturizer to Help Skin Stay Soft (Ads / Promotions will stress this)

7 Position in Relation to Competition
Position Product to Compete Directly with the Products of Another Company. Common Strategy when Trying to Solidify an Advantage Over Another Firm.

8 Position in Relation to Competition
Not Good Idea to Go Directly Against Industry Leader Unless You are Big Example: Pepsi (#2) vs. Coke (#1) if small: Southwest vs. All (Low-Fare Alternative)

9 Position in Relation to ProductLine
Promote or Advertise an entire line of goods. Relate each product to each other. Example: Campbell’s Soup Recognize the Red Can…


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