Market Positioning

Cards (4)

  • Market positioning is where your product or brand stands in relation to the products or other brands in the market
  • Having conducted market research and identified its target market segments, a business will be in a position to decide how to position its products
  • The business can then use market maps to help it do this e.g. high price / low price
  • Positioning can be achieved by changing elements of the marketing mix to meet the needs of the target market