Understanding Market PositionWhat Is Market Position? Market position, though related to a business’s marketing efforts, is a distinct concept in business strategy. In simple terms, market position refers to the perception that consumers have of your product, service, or brand as it relates to competitors in the existing market. For example, fast-food restaurants exist within the broader …

https://www.wds-media.com/wp-content/uploads/2020/01/37210818-1.jpghttps://www.wds-media.com/wp-content/uploads/2020/01/37210818-1.jpgadminLending
What Is Market Position? Market position, though related to a business’s marketing efforts, is a distinct concept in business strategy. In simple terms, market position refers to the perception that consumers have of your product, service, or brand as it relates to competitors in the existing market. For example,...