Introduction to market positioning, Marketing Management

Assignment Help:

Positioning:

Meaning and definitions: positioning is a platform for the brand. It facilitates the brand of to get the target consumer. Positioning is the act of fixing the locus of the product offer in the minds of the target consumers. In positioning, the firm decides how and around what parameters, the product offer has to be placed before the target consumers. The significance of the product positioning can be easily understood from David Ogilvy's words, "the results of your campaign depends less on how we write your advertising than on how your product is positioned.

According to the Kotler, "positioning is the act of designing the company's offering and image to occupy a distinctive place in the target market's mind".

According to the Reis and trout, "positioning starts with a product. A price of merchandise, a service a company an institution or even a person but positioning is not what you do a product. Positioning is what you do to the mind of the prospect. That is you position the product in the mind of the prospect."

According to the Sengupta, "the aim of the product positioning is to create a preparation for out brand in the prospect's mind so that it stands from competing brands.....  We must cover that space in the consumer's minds as if we had won a long term lease. We must find a strong position in that mind and sit on it.


Related Discussions:- Introduction to market positioning

Co branding, what type of co branding is Nike and Apple involved into?

what type of co branding is Nike and Apple involved into?

Marketing, what are the core marketing concepts?

what are the core marketing concepts?

Useful marketing planning tool, Question 1: a. What is a SWOT analysis...

Question 1: a. What is a SWOT analysis and how does it lead to an understanding of realistic market opportunities? b. Describe the importance of marketing planning for a n

What is providing value cost balance, What is providing value cost balance?...

What is providing value cost balance? Providing Value Cost Balance: Customers expect exact benefits by the product. Marketers require adding as many benefits to their pr

Building new knowledge through research and development, Question : (a)...

Question : (a) "America's investors are as busy as they have ever been and its entrepreneurs are seizing on their ideas with the same alacrity as always. Investment in resear

Put video games in their life cycle, considering the concept of product lif...

considering the concept of product life cycle, where would you put video games in their life cycle

Strategic aspects in international human resource management, Question 1: ...

Question 1: Explain how effective management of expatriates is increasingly been recognised as a major determinant of success or failure for international businesses. Quest

Selection of an advertising agency, Q. Selection of an Advertising Agency? ...

Q. Selection of an Advertising Agency? The advertiser should be very careful in selecting the advertising agency. The success of advertising-campaign mainly depends on the sele

Describe effective advertising, Question 1: (a) Explain in thorough det...

Question 1: (a) Explain in thorough details what is advertising. (b) A standard definition of advertising is said to have five basic components. With particular reference

Factors influencing changes in product mix, Factors influencing changes in ...

Factors influencing changes in product mix 1.       Change in market demand: the change in the demand of a product (due to change in habits, fashion, purchasing power, in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd