positioningdefining
Positioningdefining is a term used to describe the process of determining how a product, service, or organization should be perceived within a specific target market, and articulating that intended perception in a clear, concise way. It centers on identifying a distinctive place in the minds of consumers relative to competing offerings.
The practice involves several steps. First, researchers identify the target audience and analyze the competitive landscape
The outcome of positioningdefining is typically a short, memorable positioning statement and a set of guiding
Example: a mid-priced wearable device might be positioned as “the most accurate, user-friendly tracker for everyday
Limitations include changing market dynamics, evolving consumer preferences, and the risk of over-committing to a position