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Discussion Question Chapter 8: Positioning and Differentiation Instructions Write a post for the Discussion Question on this topic, addressing the questions below. Unless otherwise specified, each...

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Discussion Question Chapter 8: Positioning and Differentiation



Instructions

Write a post for the Discussion Question on this topic, addressing the questions below. Unless otherwise specified, each part should be 1–2 paragraphs or several bullet points in length.

Part 1: Competitive Advantages

List the competitive advantages of the product, service or organization you’re focusing on: the things that make it different from competitors in positive ways.

Part 2: Market Niche and Positioning Strategy

Describe the market niche you want to fill, along with the positioning strategy you recommend using. Why do you think this is the right approach?

Part 3: Positioning Statement

Develop a positioning statement using this formula: “To [target audience], [product/service/organization name] is the only [category or frame of reference] that [points of differentiation/benefits delivered] because [reasons to believe].[1]

Answered Same Day Nov 23, 2021

Solution

Sanjukta answered on Nov 24 2021
146 Votes
Running Head: POSITIONING AND DIFFERENTIATION
POSITIONING AND DIFFERENTIATION 2
Positioning and Differentiation
The company that is taken into account Nestle and the product that is selected is Maggi.
Part 1- Competitive advantage
The following are some of the competitive advantages of Nestle that makes them stand out of the crowd:
· Research and development can be regarded as one of the main competitive advantages for the firm. Each year Nestle spends a lump sum amount of money in this department and this investment also gets paid off in form of a lot of revenue generation. At present, the company knows how to capture the marketplace as well as driving a lot of sales for boosting revenue earnings that keep them ahead of the competitors. Moreover, the superiority of Nestle in this segment also provides a long-term success and sustainable competitive advantage (Stuckler & Nestle, 2012)
· Nestle also introduced the market of the meatless meal that offers plant-based...
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