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renault the entry into india
Essay specific features
Written by:
Vivienne T
Date added:
December 10, 2015
Level:
University
Grade:
A
No of pages / words:
20 / 5600
Was viewed:
4950 times
Rating of current essay:
Essay content:
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"...
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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.
The position of the brand has to be carefully maintained...
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