The process which determines what place will be occupied in the-01447

Online Quiz This subjective question is related to the book/course vu eng501 History of English Language. It can also be found in vu eng501 Mid Term Solved Past Paper No. 1.

Question 1: The process which determines what place will be occupied in the given market with the ongoing products is called positioning. Explain different ways to position a product, service and idea with the help of example.
Answer:
There are nine steps involved in positioning strategy:
  1. Identify the competitor
  2. The competitor is how know and perceived by the competitor
  3. visualize the strategy used by the competitor or competitors either same product or service
  4. Try to understand customer thoroughly
  5. Try and think about different positioning strategies available.
  6. Thin about the position which is vacant and not used.
  7. check and evaluate your own strength and weakness.
  8. No select the position.
  9. monitoring and evaluation of the position:

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