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Positioning considerations ways to placement an item in the minds of buyers and advise what characteristics differentiate it from your competitor's products and solutions. A company generally performs this by producing a perceptual map, which denotes similar products made in the exact same industry In accordance with how buyers perceive their price

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By selecting the most applicable channels, you make sure your product or service is visible and accessible for your new audience.By developing a stable marketing mix, you make sure your merchandise is nicely-positioned available in the market, proficiently priced, and promoted with the ideal channels, supplying your approach the most beneficial lik

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