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

Keywords:

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

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.

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Published

2012-10-05

Issue

Section

Articles

How to Cite

Differentiation and Positioning Strategy: A Toss of the Same Coin. (2012). International Journal of Management and Sustainability, 1(2), 53-65. https://doi.org/10.18488/journal.11/2012.1.2/11.2.53.65