Answer to Question #257239 in Marketing for Bella

Question #257239
Discuss the two selected positioning methods providing theory and relevant application
1
Expert's answer
2021-10-28T04:01:02-0400
  • Brand positioning- There is power in a name , logo or symbol of the product. Equally the foundation of a company is derived from the company"s brand. This involves finding a right place for a product that is to be marketed as well as being accepted by consumers. I t maximizes competitive differentiation and consumer relevancy.
  • Market positioning is a way a corporate initiate its brand marketing of products which influences the perception of consumers.

Application

  • Disney creates a family-friendly entertainment through creation of an empire that is recognizable and a lot of people can identify as a specific type of product. The brand positioning of Disney has effectively enable it to stand out amongst other companies.
  • Coca- cola company to leverage its distribution channels it had to launch mother energy drinks in 2006 in the Australian market.

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