Question

In: Economics

Without using any examples from the textbook, give an example of a brand that is positioned...

Without using any examples from the textbook, give an example of a brand that is positioned in each of the following methods. Explain your answer.

1. Postioned by Salient Attributes

2. Positioned by Symbols

3. Positioned by Competion

Solutions

Expert Solution

1. Positioning by attribute would mean postioning your brand on the basis of some specific feature or function. In this type the marketer tries to position the product on the basis of salient features, features that are important to the customer and are the basis of making purchase decision. For example: Ariel. A customer wants that product that would help him/her get rid of even the dirtiest of clothes and the purchase decision is on the basis of how much dirt can a detergent get out of the clothes. The company thus emphasized upon the micro cleaning particles of the product and positioned it in a way making it better and unique from others.

2. Positioning by symbols: This is a strategy where in cultural symbols are used to position a product in the minds of the customers. This strategy involves a brand making a unique status of its own within a culture or region. For example: any product endoresed by Pele in Brazil will come under cultural symbol positioning.

3. Positioning by competition: This is when a brand highlights itself among it's competitors. For example: Onida. The brand launched its colour TV with the tagline, 'Neighbour's envy, owner's pride', highlighting the fact that all other brands are clones and only Onida is the market leader.   


Related Solutions

give an example of a function of several variables, but without using a mathematical formula. Can...
give an example of a function of several variables, but without using a mathematical formula. Can you think of a real life example of something which depends on two, three, or more things? Dont use textbook examples. This is more of a concept type of question. Please write in complete sentences
Give a recent example and explain the reasoning for any criticism it received for using a...
Give a recent example and explain the reasoning for any criticism it received for using a tax haven. What was the firm’s rationale for doing so?
Define and give unique example for the following term: (Please do not copy from textbook it...
Define and give unique example for the following term: (Please do not copy from textbook it needs to be in your own words) Opportunity Cost Positive and normative statments Production possibilities frontier Productive efficiency
1. Explain fully brand personality and give examples.
1. Explain fully brand personality and give examples.
In python Using the example code from the HangMan program in our textbook, create a Word...
In python Using the example code from the HangMan program in our textbook, create a Word Guessing Game of your choice. Design a guessing game of your own creation. Choose a theme and build your words around that theme. Keep it simple. Note: I would highly recommend closely reviewing the HangMan code and program from Chapter 10 before starting work on this project. You can run the program via my REPL (Links to an external site.). Using python Similar to...
Provide examples of the following Structural conditions. Give an example of stress. Give an example of...
Provide examples of the following Structural conditions. Give an example of stress. Give an example of strain. Give an example of shear. Give an example of an item that has moved beyond the elastic range and become plastic.
Without using any equations from the book, calculate DOL and DFL implied in these numbers.
Given the following base case scenario:    BASE CASEsales $5,000,000Variable costs $1,600,000Cash fixed costs $1,800,000Depreciation Expense $600,000  Interest Expense   $400,0001. Calculate the OCF. (0.50 point)2. Calculate the no-tax cash income. (0,50 point)3. Without using any equations from the book, calculate DOL and DFL implied in these numbers. (2 points)
Complete the following using the resources from the textbook and lab manual plus any outside sources...
Complete the following using the resources from the textbook and lab manual plus any outside sources you elect to use. Answers may be used more than once or not at all Identify the vessel that follows the internal jugular vein anterior tibial vein Identify the area that the pulmonary veins lead to Basilar The brachial veins lead to which vessel Basilic vein The three major veins of the upper arm are the Brachial vein The vessel following radial vein brachiocephalic...
without plagiarism please .. 1/Give example of company using ABC costing and explain the process used...
without plagiarism please .. 1/Give example of company using ABC costing and explain the process used in this company to assign costs in an ABC system? Q 2 Give examples of questions managers could ask to help them identify relevant qualitative factors that will be used before making decision? Q 3 Kadhim Co. manufactures product B which is a part of its main product. Kadhim Co makes 50,000 units of product B per year. The production costs are detailed below....
How can you give someone $83 using exactly 7 bills, without using any one dollar bills?
How can you give someone $83 using exactly 7 bills, without using any one dollar bills?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT