MARKETING TERM of the WEEK: Triangulation Edition

What marketing tool includes a description of a product’s target market, the frame of reference in which it’s to be perceived, and an articulation of its differentiating benefits?

ANSWER

positioning statement contains a description of the target market, the frame of reference in which the product is to be perceived, an articulation of the product’s differentiating benefits, and the reason for the consumer to believe the claims. READ MORE…

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