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Topic: |
Business
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Number of pages / Number of words: |
35 / 9542 |
Essay's paper body
A decision that is essential at the brand level is positioning. Options here may range from a high quality, premium product to a lower priced value product. Note here that the same answer will not be appropriate for all firms in the same market since this will result in market imbalance?there should be some firms perceiving each strategy, with others being intermediate...
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In order to secure a more exclusive brand label, for example, it is usually necessary to sacrifice volume?it would do no good, for Mercedes-Benz to create a large number of low priced automobiles. Some firms can be very profitable going for quantity where economies of scale come into play and smaller margins on a large number of units add up?e...
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General points of the essay
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