Differentiation and Positioning Strategy: A Toss of the Same Coin

Authors

  • Oghojafor Ben Akpoyomare Department of Business Administration University of Lagos, Lagos, Nigeria
  • Ladipo Patrick Kunle Adeosun Department of Business Administration University of Lagos, Lagos, Nigeria
  • Rahim Ajao Ganiyu Department of Business Administration University of Lagos, Lagos, Nigeria

DOI:

https://doi.org/10.18488/journal.11/2012.1.2/11.2.53.65

Abstract

The increasing rate of the incidence of globalization of market, and the attendant intense competition amongst local business organizations in rapidly developing economies has taken a shift from price competition strategy (to avoid price war) to non-price competition strategy in terms of product/service differentiation and positioning to achieve the same objectives of preventing declining sales-turnover, profitability, and market-share and by extension secure market/competitive advantage over competitors. Differentiation and positioning have each been separately discussed in marketing literature; however, this paper represents an attempt to view same as a toss of the same coin.

Keywords:

Positioning, Differentiation, Strategy, Product, Consumer perception, Positioning statement, Buying behavior

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Published

2012-10-05

How to Cite

Akpoyomare, O. B. ., Adeosun, L. P. K. ., & Ganiyu, R. A. . (2012). Differentiation and Positioning Strategy: A Toss of the Same Coin. International Journal of Management and Sustainability, 1(2), 53–65. https://doi.org/10.18488/journal.11/2012.1.2/11.2.53.65

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Articles