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picture1_Marketing Ppt 67803 | Mktg 3 02 Ppt Students 1


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File: Marketing Ppt 67803 | Mktg 3 02 Ppt Students 1
define competitive advantage the set of unique features of a company and its products that are perceived by the target market as significant and superior to the competition positioning developing ...

icon picture PPTX Filetype Power Point PPTX | Posted on 28 Aug 2022 | 3 years ago
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   Define:
    Competitive Advantage – the set of unique 
    features of a company and its products that 
    are perceived by the target market as 
    significant and superior to the competition. 
    Positioning – developing a specific marketing 
    mix to influence potential customers’ overall 
    perception of a brand, product line or 
    organization in general. 
   Describe the purpose of 
   positioning.
     Marketers use positioning to find a place for the 
     product in the marketplace and to distinguish the 
     product from competitors. 
     The actual position is how the customers see the 
     product. The positioning and the actual position of 
     the product are the same, if marketing has been 
     successful. 
    Relationship between the target 
    market and positioning
      The objective is for marketers to position their 
      products to appeal to the desires and 
      perceptions of a target market. 
    Relationship between the 
    competition and positioning.
      It is important to use positioning to your 
      advantage. You want to position your product 
      so that customers will continue to purchase 
      from you rather than the competition.  
      The pricing, promotion, product development, 
      and distribution strategies are all planned with 
      an eye toward the competition. 
   Market Position
    unique image of a product or service in a 
    consumer’s mind relative to similar 
    competitive offerings. 
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...Define competitive advantage the set of unique features a company and its products that are perceived by target market as significant superior to competition positioning developing specific marketing mix influence potential customers overall perception brand product line or organization in general describe purpose marketers use find place for marketplace distinguish from competitors actual position is how see same if has been successful relationship between objective their appeal desires perceptions it important your you want so will continue purchase rather than pricing promotion development distribution strategies all planned with an eye toward image service consumer s mind relative similar offerings...

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