Marketing Positioning

What is marketing positioning? Positioning in marketing is a concept that outlines what businesses should do to market their product or service to their customers. Positioning creates an image for the product or service based on the audience. The better your positioning strategy, the more effective your marketing strategy is for your business. This elevates your marketing efforts and helps a consumer move from knowing about the product or service to actually purchasing. Here are a few examples on positioning! First, target demographics. Products and services are meant to appeal to a specific group of people. You need to know who you want to appeal to. Ask yourself questions like ‘What is the age of consumers that my product would attract the most?’ or ‘Where are most of my consumers located?’. Second comes having a low-price strategy. Pricing is a big deal to a lot of consumers. It is a consideration factor that if it’s too much, consumers wouldn’t purchase. Y...