Your company is preparing to launch a new product next month. Since you are leading the launch effort, you called a meeting of all stakeholders to discuss how the product should be positioned in the market. You acknowledge that the product will carry a higher price than competing products, but all the independent rating agencies have concluded that the product has superior performance characteristics relative to its competing brands.
Which of the following bases for positioning should you use for this product?
A) Avoiding competition should be the basis for positioning the product.
B) The style of the product should be the basis for positioning the product.
C) The target market for the product should be the basis for positioning the product.
D) Head-to-head competition should the basis for positioning the product.
E) The price of the product should be the basis for positioning the product.
Correct Answer:
Verified
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