What does "brand positioning" establish in market perception? 🔊
"Brand positioning" establishes a distinct identity in the market, defining how a brand is perceived relative to its competitors. It involves identifying target audiences, conveying unique selling propositions, and aligning marketing strategies to create a favorable impression. Effective brand positioning helps companies communicate their value effectively, differentiate themselves, and build customer loyalty. A well-positioned brand can enhance competitive advantage and improve relationships with consumers, influencing purchasing decisions and strengthening overall market presence.
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