Solved: Define product positioning. what are two approaches to product positioning? give

Define product positioning. what are two approaches to product positioning? give an example of each approach.

Expert Answer

Product positioning is how the customers percieves our products as a Brand, therefore product positioning:is defined as the place a product occupies in consumers’ minds based on important attributes relative to competitive products

Two Approaches to Product Positioning

1.head-to-head positioning-nvolves competing directly with competitors on similar product attributes in the same target market

2.differentiation positioning-involves seeking a less-competitive, smaller market niche in whicht o locate a brand

Still stressed from student homework?
Get quality assistance from academic writers!