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 textbook and team project completed in MKTG Please also reference your MKTG 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 decisionmaking 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 #
Competitor #
Competitor #
Competitor #
PRODUCT Identify features of your product and what sets it apart from the competition
Shopify
Ecommerce 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 ecommerce websites
BigCommerce
Ecommerce platform that offers SaaS for customer groups and segmentation, web hosting, and more
PRICE detail your products price points vs the competition
Basic:
$ mo
Shopify:
$ mo
Advanced:
$ mo
Free for create a website
Business Basic:
$ mo
Business Unlimited:
$ mo
Business VIP:
$ mo
Personal:
$ mo
Business:
$ mo
Basic Commerce:
$ mo
Advanced Commerce:
$ mo
Free for create a website
Professional:
$ mo
Performance:
$ mo
Premium:
$ mo
Standerd:
$ mo
Plus:
$ mo
Pro:
$ mo
PLACE detail the online and offline alternatives for purchasing the product list specific stores eg Loblaws, WalMart, 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 days by entering only our email address
Free trial and months of Shopify for $ mo on select plans
Offers a discount to new users
Save on a participating Yearly Premium Plan purchase using Wix Promo Code
Offers off a website or domain on any plan with enter the promo code
Offers off an annual website plan for students
All Square hardware comes with free day returns
Free trial for days
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