When Walmart advertises that it has the lowest prices, it is using a _________ strategy to separate itself from its competitors by meeting a customer need

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07-03-2022
Business

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When Walmart advertises that it has the lowest prices, it is using a _________ strategy to separate itself from its competitors by meeting a customer need

Sagot :

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ayokenny2001 ayokenny2001 · Answer 1 · 2022-03-16T09:39:43-04:00

Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

What is positioning?

The positioning of the market is a strategic practice used to identify a brand or product in the market by a company. It is a strategy used to distinguish a firm's product.

The positioning strategy can help communicate the firm’s or the product’s value proposition, which communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it.

Hence, Walmart is using a positioning strategy to separate itself from its competitors by meeting a customer need.

Learn more about positioning here : https://brainly.com/question/14976421

Sagot :

What is positioning?

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