What is Positioning Error ?

Types of positioning error

Major Positioning Errors Not all the time, companies are right with their positioning strategies. There is multiple evidence where a product or a brand could not benefit from the company’s positioning strategies. Sometimes companies under position its products or brands and sometimes over position it. There are four major positioning errors. They are: Under Positioning  … Read more

Brand Positioning : Importance and Benefits

Benefits of brand positioning

Strategic Importance of Brand Positioning An internal positioning summary called a brand positioning statement is what businesses use to explain and promote the value their brand offers to target markets and customers. It is employed as a method of clearly stating the value proposition of a brand. Brand positioning statements should strike a balance between … Read more

Brand Positioning : Elements and Characteristics

Elements of brand positioning

Introduction to brand positioning Kotler has defined brand positioning as “the act of designing the company’s offering and image to occupy a distinctive place in the mind of the target market.” In other words, brand positioning explains how a brand differs from its rivals and how it appears to customers. In order to influence how … Read more

Marketing Channels : Types, Importance, Benefits

Marketing channel strategy

Introduction A marketing channel is any of the numerous tools, platforms, and touchpoints that companies employ to interact with certain market segments and direct them along the customer experience. A marketing channel involves different processes, steps and people who help in getting the products from a business to the customers. To put it another way, … Read more

Soft Sell Vs Hard Sell

Difference between hard sell and soft sell

Difference between Soft Sell and Hard Sell Approach Teams in sales and marketing adjust to the circumstances of their respective sectors. In industries where immediate sales are necessary, they utilize hard selling, and in those where repeat business is necessary, they use soft selling. Soft selling focuses on building relationships and consultative selling whereas hard … Read more

Soft Selling : Advantages and Disadvantages

ADVANTAGES OF SOFT SELLING

Introduction A soft sell is a strategy to marketing and sales that uses tactful language and a non-aggressive style. The goal of a soft sell is to prevent upsetting potential consumers and turning them away. Soft selling is a convincing, subtle, low-pressure sales method. It may not result in a sale the first time a … Read more

Relationship Marketing : Levels and Benefits

Benefits of Relationship marketing

Introduction Relationship marketing is a special approach for building deeper connections with customers. This marketing focus on increasing brand loyalty, customer retention, and customer lifecycle value. Relationship marketing recognizes the effort that a successful business goes beyond one time transaction and achieves an enduring relationship with their target audience. Its main objective is to make … Read more

What is Experiential Marketing?

What is Experiential Marketing?

Introduction Experiential marketing, as opposed to traditional or online marketing strategies, is a particularly quick and efficient technique to increase brand exposure through making personal relationships with customers. All five senses are stimulated, evoking feelings that create enduring memories that have been found to increase brand loyalty. Through experiential marketing, businesses may engage with consumers … Read more

Best Business Schools in India [2024 Edition]

Best colleges for MBA

Introduction The Master of Business Administration (MBA) course has been the golden course for all the aspiring graduates across the world. In India, pursuing a MBA degree has become a mantra to success. Every undergraduate student wants to pursue an MBA as a graduate degree.  The growing economy, modern economic transformation, exponential growth in technology, … Read more

Effective Ways To Manage “Personal Finance”

Effective ways to manage personal finance

Introduction The modern day requirement is financial stability and a secure and better future. Every individual aims for these two things in life. To achieve financial stability and a secure future, we must understand the concept of ‘personal finance’.  Personal finance, in simplest form, refers to how an individual manages his/her money, makes his/her financial … Read more