• 2021-04-14
    _____________ is arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers.
  • Market positioning

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    • 0

      The goal of positioning is to create a clear and positive image about____.( ) A: how a product competes against competitors B: what a product is about C: where consumers can get a product D: when a product will reach the market

    • 1

      Which of the following is the aim of the product concept? A: focus on the target market and make products that meet those customers' demands B: focus on making continuous product improvements C: market only those products with high customer appeal D: improve the marketing of a firm's best products

    • 2

      ( ) are usually low priced, and marketers place them in many locations to make them readily available when customers need or want them. A: Convenience products B: Shopping product C: Specialty product D: Unsought products

    • 3

      Which of the following is least accurate regarding product development and marketing for firms under monopolistic competition A: Firms that bring new and innovative products to the market face relatively more elastic demand curves than their competitors. B: Relative to other types of competition, product innovation is critical to the pursuit of economic profits. C: Advertising is necessary to communicate the uniqueness of the firm’s products relative to its competitors.

    • 4

      The target consumers of the newly-established cashmere brand are _____.