Develop a new positioning plan or a rationale for maintaining the existing positioning plan for an existing product or service.
Development should include
- a description of competitive positioning
- the creation of a new positioning plan or an assessment of an existing positioning plan
- a recommendation for maintaining or changing the plan.
Process/Skill Questions:
- What circumstances would necessitate a change in positioning?
- How does market research play a role in the positioning plan?
- How does defining the target market affect the positioning plan?
- How is market share related to the positioning plan?
- Why would quantitative market research be important in a positioning plan?
- What does the phrase name is everything mean in a positioning plan?