Which of the following purposes do positioning maps serve?
A) They help revamp the product and the various elements of the marketing mix.
B) They are used to crystallize the image for marketers so that they can design a marketing mix that aligns with the product's positioning.
C) They help researchers analyse why consumers buy a product, the product benefit, how the product is used, and weather consumers are brand loyal.
D) They help marketers reveal gaps in the market where consumers may be underserved, while also highlighting the competitive nature of the category.
Correct Answer:
Verified
Q83: Briefly explain the concept of market segmentation?
Q86: Positioning maps can:
A)visually represent categories within a
Q87: List the steps involved in market segmentation.
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Q95: What is repositioning? Give an example of
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