How can a firm develop and establish an effective positioning in the market
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Transcript of How can a firm develop and establish an effective positioning in the market
Positioning is the act of designing a company’s offering and image to occupy a distinctive place in the minds of the target market.
Nike has a rich set of association's with customers, based on its innovative product designs, its sponsorships, advertising
ESTABLISHING BRAND POSITIONING
After determining the brand positioning, marketers should communicate it to everyone in the organization so it guides their words and actions.
Alternative Approach to Positioning
1.Brand Narratives and Storytelling 2.Brand Journalism 3.Cultural Branding
1 Definition of positioning 2 Methods to determine positioning 3 Establishing brand positioning 4 Alternative approach to positioning 5 Positioning and branding a small business
RECAP
Created by Bhaskar Bora, NIT Silchar, during an internship by Prof. Sameer
Mathur, IIM Lucknow.www.IIMInternship.com
DISCLAIMER