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Positioning Yourself 7-2.

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Presentation on theme: "Positioning Yourself 7-2."— Presentation transcript:

1 Positioning Yourself 7-2

2 Which is better?

3 Coke v Pepsi

4 Positioning In order to influence customers’ purchases, businesses position their products and services to highlight their differences from their competitors. Market Position – refers to the unique image of a product or service in a consumer’s mind relative to similar competitive offerings.

5 Positioning Methods Attribute Price and Quality Use or Application
Product Use Product Classification Competitor

6 Laundry Product A Laundry Product B Attribute Cleans quickly and easily Leaves Fresh Scent Price and Quality Low Price, Good Value Higher Price, High Quality Use or Application Use as pre wash on tough stains Use for hand washing delicates Product User Homemaker’s reliable friend New generations discovery Product Classification Used by Olympic Athletes Used by professional laundries Competitor Gets dirt out that product B can’t Gentler on clothes than Product A

7 Niche Marketing Targeting an smaller market
Smaller Markets Specific Needs Example: Doritos targeting Skateboarding fanatics, Whole Foods targeting the organic crowd.

8 Position IT Activity!


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