Corporate Strategy and Valuation
Market positioning refers to the process of establishing a brand or product in the minds of consumers relative to competitors. It involves differentiating a company’s offerings and creating a unique identity that resonates with target customers. This concept is essential for effective strategic planning, as it influences how a company addresses strengths, weaknesses, opportunities, and threats, leverages its portfolio for competitive advantage, and adapts to external environmental factors.
congrats on reading the definition of Market Positioning. now let's actually learn it.