Product Positioning
The process of defining how a product is perceived in the minds of consumers, relative to competing products, to create a unique market identity.
The process of defining how a product is perceived in the minds of consumers, relative to competing products, to create a unique market identity.
The reduction in sales of a company's existing products due to the introduction of a new product by the same company.
The practice of comparing performance metrics to industry bests or best practices from other companies.
Strengths, Weaknesses, Opportunities, and Threats (SWOT) is a strategic planning tool that is applied to a business or project.
A brief description of how a product, service, or brand meets the needs of its target audience and stands out from competitors.
A small, cross-functional team of 6-12 people focused on delivering a specific product feature or component.
The process of gathering and analyzing information about competitors to inform business strategy and decision-making.
The degree to which a product satisfies strong market demand, often considered a key indicator of a product's potential for success.
Areas of unmet demand in a market where opportunities for growth and development exist.