'Positioning is the means by which goods and services can be differentiated from one another and so give consumers a reason to buy'. Positioning encompasses:
A) the physical attributes and the functionality that a brand offers.
B) how customers perceive the brand relative to other competing brands in the market place.
C) the intangible attributes that a brand offers. For example, the reputation, prestige and allure that the brand generates.
D) all of the above options are correct.
Correct Answer:
Verified
Q2: Marketing segmentation is:
A) the process of dividing
Q3: Whilst market segmentation is a useful process
Q4: An example of a segmented market would
Q5: Using the family lifecycle concept, which of
Q6: Key variables concern age, sex/gender or gender
Q8: _ can be used to position brands
Q9: Marketing communications can be used in one
Q10: A customized targeting strategy predominates in B2B
Q11: Standard Industrial Classification (SIC) codes are used
Q12: The method by which whole markets are
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