Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Part 1: Competitive Advantages List the competitive advantages of the product, service or organization you're focusing on: the things that make it different from competitors

Part 1: Competitive Advantages

List the competitive advantages of the product, service or organization you're focusing on: the things that make it different from competitors in positive ways.

Part 2: Market Niche and Positioning Strategy

Describe the market niche you want to fill, along with the positioning strategy you recommend using. Why do you think this is the right approach?

Part 3: Positioning Statement

Develop a positioning statement using this formula: "To [target audience], [product/service/organization name] is the only [category or frame of reference] that [points of differentiation/benefits delivered] because [reasons to believe].[1](Links to an external site.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advertising and Promotion An Integrated Marketing Communications Perspective

Authors: George Belch, Michael Belch

10th Edition

78028973, 978-0078028977

More Books

Students also viewed these Marketing questions

Question

What have been misses?

Answered: 1 week ago

Question

What do you notice have been hits in terms of meeting your mission?

Answered: 1 week ago