Brand Positioning
The strategy of placing a brand in the market to occupy a distinct and valued place in the minds of the target audience.
The strategy of placing a brand in the market to occupy a distinct and valued place in the minds of the target audience.
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 approach a company takes to manage and market its portfolio of products, ensuring each product supports the overall business strategy.
A cognitive bias where people tend to remember the first and last items in a series better than those in the middle, impacting recall and memory.
A social norm of responding to a positive action with another positive action, fostering mutual benefit and cooperation.
A cognitive bias where the perception of one positive trait influences the perception of other unrelated traits.
A pricing strategy where a high-priced option is introduced first to set a reference point, making other options seem more attractive in comparison.
A psychological principle where people are more likely to be influenced by those they like.
An economic theory that explains why some necessities, such as water, are less expensive than non-essentials, like diamonds, despite their greater utility.