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7 Cards in this Set

  • Front
  • Back

What is the first step in the Positioning Process

Identify the relevant products in the Target Market that it would be competing against

What is the second step in the Positioning Process

Identify set of determinant attributes that is seen in most of these relevant products that is important to the customer.

What is the three step in the Positioning Process

Collecting information from a sample of customers and potential customers on their perception or opinion of the some of these relevant products.

What is the Fourth step in the Positioning Process

Using this research to find position of ones own current product and it's competitors
BONUS: A perceptual map is normally used in this situation

What is the fifth step in the Positioning Process

Managers determine what customers most preferred determinant attributes are.


This requires further research

What is the Sixth step in the Positioning Process

Consider fit of possible positions with customer needs

What is the Seventh step in the Positioning Process

Write positioning statement to guide development of marketing strategy