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4 pages/≈1100 words
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3
Style:
APA
Subject:
Business & Marketing
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Essay
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English (U.S.)
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Topic:
Value proposition and positioning
Essay Instructions:
Write a four-page paper on value proposition and positioning. Focus on attributes and benefits.
While doing this assignment, think about a company you would be interested in creating a marketing plan for. How you position your product or service and the value associated is a part of the marketing plan.
The same company used for the SWOT Analysis paper
Use as a source: Title: Marketing Management: Knowledge and Skills
Authors: Kotler, Keller, and Chernev
Volume: 16th Edition
Publisher: Pearson
• ISBN:9780136708643
Kotler, P., & Keller, K. L. (2016). Marketing management. Pearson/Prentice Hall.
Essay Sample Content Preview:
Value Proposition and Positioning
Your Name
Course and Section
Professor’s Name
March 24, 2024
In business, tactics and proper planning are always needed to succeed. Relying on luck cannot make a business thrive; SWOT analysis, data, and graphs can show and predict the future to plan the business's present and future moves. In the field of business, the value and proposition of products and services are essential to gain a competitive advantage. The proposition is defined as the benefit and relevance of the product or service they offer to their customers. At the same time, positioning is where a certain product or service lies within a particular target market (Lusha, 2023). In this paper, the author will explore the value proposition and positioning of a product or service, focusing on its attributes and benefits within the context of the Recreational Vehicle (RV) dealership market with a connection to the SWOT analysis that has been done before this paper.
Value Proposition
As said earlier, the value proposition is the business's relevance to the life of its customers. It discusses how a product or service benefits and the advantages of choosing it over other brands available in the same market category. In this case, the RV dealership value propositioning should emphasize what the company can offer over the other brands or companies that offer the same service they promote to their customers, questions like" Why should the customer buy an RV from you?" or "What can you offer that other cannot?"
Features like product diversity, cutting-edge features, quality, customer service, and expertise are small things that make the difference between a sale and no sale. One of the ways a company can offer its uniqueness from others is by offering extensive RV choices that the customer can pick from, including motorhomes, travel trailers, and campers, catering to diverse customer preferences. Furthermore, when clients experience the product and develop a passion for it, the quality of the car will determine their feedback and, in the future, will establish the company's value proposition and place in the market (Kotler et al., 2021).
Positioning
Positioning is defined as the way the consumer sees the product or service of the company relative to the competition. It can also be how a company describes how it is seen by customers based on comparison. It is the engagement of ascertaining a particular market spot where the product or service can effectively serve the needs and desires of the target customer by ensuring that the product is differentiated from the existing ones. Indeed, the dealership for RVs can make the competit...
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