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How early should I be thinking about the positioning of my new product?

 
Asked by Janice Pittis, October 2007   -  Contact this person

2 Answers

  1. It can never be to early to think about this.

    Kotler advocates the "STP" approach to marketing.

    S - Segment; What is the likely buying-preference of your customers
    T - Target; How can you reach those customers showing this preference
    P - Position; What is the "message" that you want your customers to associate with your product/service

    If you can get this clear in your mind, you are on the way to attracting customers (and investment!)
  2. Yes I agree with Darran Foxon - just remember it will take a lot longer than you think - but keep going.

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