Positioning results from differentiation and competitive advantages. Explain with
appropriate examples from the Indian market.
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Positioning results from differentiation and competitive advantages
Explanation:
- The positioning of the product brand is an objective. It attributes with the other brands.
- Positioning means to relate the product with another product in the market.
- This process involves the analysis the weakness and strength of the product.
- In the competitive industries, there are companies that launch their product in market and to compare their benefit with the other competitor in the market.
- This type of sort positioning strategy is used by the challenger brand so that they try to present the better value.
- Major competitor used such type of an approach.
- Differentiation is an approach that is based on the product and services qualities.
- It is based on the perceived benefits of the communication.
Learn More: Attributes, brand, approach
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