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Arranging for a market offer to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is called:

ABranding
BPositioning
CSegmentation
DBenchmarking

Explanation

* Positioning defines how a brand is perceived in the minds of consumers relative to competitors.
* Perceptual maps are visually used by marketers to plot consumer perceptions of competing brands along key attributes.
* A strong value proposition forms the foundation for effective brand positioning.

Exam Relevance
  • Topic: STP Marketing
  • Subtopic: Brand Positioning
Submitted by: mcqstutor Team More Marketing MCQs →

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