Selecting the position concept:
Study the positioning of competing brands using attributes that are
important to existing and potential buyers of the competing brands. Use
brand perceptual maps.
Determining positioning
- Customer and competitor research
- Test marketing
- Positioning models - formal model of decision analysis based on extensive
research data.
Implications of positioning for the marketing strategy - B. Products
- Product positioning - new products
- Product repositioning - existing products
- Product overlap - existing products, product line decisions
- Product scope - existing products; product mix decisions
- Product design - existing and new products; product mix
- Product elimination - existing products; product mix decisions
- Product diversification - adding new products or markets - business
mix decisions
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