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3 years ago

What is product positioning?

Business

2 answers:

Lera25 [3.4K]3 years ago

4 0

Answer:

Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.

Research can also determine which product benefits are the most appealing to them. Knowing this information helps streamline marketing efforts and create effective marketing messages that drive more leads and sales. It also helps differentiate the product or service from the competition in the marketplace.

Product positioning is an important component of any marketing plan, but it doesn’t have to be limited to one audience. For example, a product may have a main target audience and also a secondary audience that is also interested in the product, but perhaps in a different way. Each audience will find the product appealing for different reasons, which is why it’s important to tailor marketing messages to focus on the benefits each audience values most.

In-s [12.5K]3 years ago

3 0

Answer:

Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness

Explanation:

PRODUCT POSITIONING IS OF MANY TYPES WHAT TYPE U R ASKING U FORGET TO MENTIONED THAT

HOPE IT HELPS

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Which is not an effective principle for preparing main points? A. Balance the amount of time given to each main point B. Make su

guajiro [1.7K]

Answer:

B. Make sure each main point is brief

Explanation:

Based on the answers provided within the question it can be said that answer that is not an effective principle for preparing main points is making sure each main point is brief. Main points need to be emphasized and thoroughly detailed as they are the most important aspects in a presentation. Only the subtopics may be made brief.

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3 years ago

Read 2 more answers

How many guests may a temporary member bring to a private club?

Nastasia [14]

three guests

Explanation:

A temporary member may enjoy the club's services and privileges for a period of not more than three days per invitation. A temporary member may bring not more than three guests to the club and must remain in their presence while they are at the club.

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3 years ago

The Worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. They

LUCKY_DIMON [66]

Answer:

The correct answer is option B.

Explanation:

The Worthingtons have a motor home valued at $165,000.

Their car is worth $32,000.

They have investments worth $200,000.

Their savings is worth $20,000.

They have medical bills worth $1,300.

Their credit card balance is $3000.

Their net worth will be

= Assets - Liabilities

= $(165,000 + $32,000 + $200,000 + $20,000) - $(1,300 + 3000)

= $417,000 - $4,300

= $412,700

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3 years ago

Cheshire Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 and is expected to produce

densk [106]

Answer: Depreciation for the first year = 17825

Explanation:

Given:

Machine purchased for $125,000

Salvage value of $10,000

Output = 100,000

First year of operation, Output = 15500

First, we'll evaluate depreciation per unit over the entire life of the machine:

i.e. $Depreciation\ per\ unit = \frac{ Purchasing\ cost - Salvage\ value}{Total\ units\ produced}$

Depreciation per unit = $\frac{125000 - 10000}{100000}$

Depreciation per unit = 1.15

Now, we'll compute the depreciation for the first year:

Depreciation for the first year = Depreciation per unit × Output (first year)

Depreciation for the first year = 1.15 × 15500

Depreciation for the first year = 17825

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3 years ago

Read 2 more answers

On January 2, 2022, McClelland Company purchased a machine and signed a noninterest-bearing note in payment. The note matures in

tresset_1 [31]

The amount that McClelland Company should record the machine upon purchase is $56,505.

<h3>Recording the transaction</h3>

The proper way to record the transaction based on U.S. GAAP polices is to debit the Machine account with the price of $56,505 as this represents the market value of the machine.

The company should also credit the Notes payable account with $70,000 being the value of the note acquired. A debit will go to the Discount on Note account for $13,495 which is the difference between the note and value of machine.

Find out more on recording Notes Payable at brainly.com/question/17073934.

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2 years ago