Positioning a brand effectively depends on aspects including the industry: Marketing Management, Essay, OUM, Malaysia
| Subject | Marketing and Management |
Positioning a brand effectively depends on aspects including the industry, target audience, competition, and brand identity. Structured approaches, such as the competitive positioning model, offer an organised framework for detecting similarities and differences in comparison to competitors.
On the other hand, unstructured approaches that emphasise storytelling and tales can be effective for brands aiming to establish emotional connections, provoke certain sensations, or convey a broader brand identity.
These techniques typically emphasise the brand’s narrative, principles, and character, connecting with people on a profound level. Identify examples of both approaches, elaborate and offer your opinion on how to determine the most effective positioning strategy.
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