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Essay text:
market penetration
MARKET POSITIONING
Although there are different definitions of Positioning, probably the most common is: "A product's position is how potential buyers see the product", and is expressed relative to the position of competitors.
Positioning is a concept in marketing which was first popularized by Al Ries and Jack Trout in their bestseller book " Positioning - a battle for your mind". They iterate that any brand is valued by the perception it carries in the prospect or customer's mind. Each brand has thus to be 'Positioned' in a particular class or segment. For example, Mercedes is positioned as a luxury brand, and Volvo is positioned for safety...
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Common topics in this essay:
- global positioning
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- Positioning: The Battle For Your Mind by Al Ries and Jack Trout
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- Global Positioning System (GPS)
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