Question: Create a positioning map for your product in relation to the four main competitors in your competitive analysis. For reference, please refer back to your

Create a positioning map for your product in relation to the four main competitors in your competitive analysis. For reference, please refer back to your MKTG 111 textbook and team project completed in MKTG 111. Please also reference your MKTG 111 text book for an explanation and an example of a positioning map. Label each axis with parameters that are important to the purchase decision of consumers for your service, noting that price is rarely one of these primary decision-making variables. Clearly identify each competitor as well as your own product. Please use the following grid to create your positioning map: On your brand and the four competitors. And also a short summary on it positioning Analysis.
Your Brand
Competitor #1
Competitor #2
Competitor #3
Competitor #4
PRODUCT (Identify features of your product and what sets it apart from the competition)
Shopify
E-commerce platform for online stores and POS systems
Wix
Drag & drop website creation tool
Squarespace
Services for website building and hosting
Square Online
Tools used to create and customize e-commerce websites
BigCommerce
E-commerce platform that offers SaaS for customer groups and segmentation, web hosting, and more
PRICE (detail your products price points vs. the competition)
Basic:
$38/ mo
Shopify:
$99/ mo
Advanced:
$389/ mo
Free for create a website
Business Basic:
$28/ mo
Business Unlimited:
$36/ mo
Business VIP:
$49/ mo
Personal:
$16/ mo
Business:
$23/ mo
Basic Commerce:
$27/ mo
Advanced Commerce:
$49/ mo
Free for create a website
Professional:
$12/ mo
Performance:
$26/ mo
Premium:
$72/ mo
Standerd:
$29.95/ mo
Plus:
$79.95/ mo
Pro:
$299.95/ mo
PLACE (detail the online and offline alternatives for purchasing the product list specific stores e.g., Loblaws, Wal-Mart, Costco, Amazon, etc.
Online:
Shopify website (It is possible to buy and sell products on Facebook, Instagram and Walmart Marketplace through the service)
Offline:
No offline
Online:
Wix website
Offline:
No offline
Online:
Squarespace website
Offline:
No offline
Online:
Square Online website (Sell a complete POS system with one of the hardware kits)
Offline:
No offline
Online:
BigCommerce website
Offline:
No offline
PROMOTION (List & explain the online and offline promotional approaches used by your brand and its competitors)
Free trial for 3 days by entering only our email address
Free trial and 3 months of Shopify for $1/ mo on select plans
Offers a 50% discount to new users
Save 10% on a participating Yearly Premium Plan purchase using Wix Promo Code
Offers 10% off a website or domain on any plan with enter the promo code
Offers 50% off an annual website plan for students
All Square hardware comes with free 30-day returns
Free trial for 15 days

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