UNFINISHED THEME 1.1.3 Flashcards

1
Q

what is POSITIONING?

A

Positioning is where a product is placed in the market relative to its customers.

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2
Q

what is MARKET MAPPING?

A

a market map is a diagram technique that enables businesses to display the perceptions of customers.

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3
Q

what does a market map look like?

A
high quality  
                       !     
                       !
                       !
low price 
      \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_high 
                                         price
                       !
                       !
                       !
          low quality
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4
Q

What does USP mean?

A

Unique Selling Point

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