Identify the essential elements of a positioning statement


Homework

Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

Should a firm change its positioning depending on the market? What are the potential advantages and disadvantages of doing this?

Write a position statement for yourself to convince your favorite company to hire you.

Reflection Topic - Positioning

Learning Objectives:

• Understand the concept of positioning and its importance.

• Learn how perceptual maps facilitate an understanding of a company's or brand's position in the marketplace.

• Introduce the positioning matrix.

• Identify the essential elements of a positioning statement.

Task

Activity: Find a company that is struggling. Where is it in the positioning matrix? Could the company be more successful if it changed any of its Ps (e.g., to head to the lo-lo-lo-lo or hi-hi-hi-hi cells)?

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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