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Sagot :
Final answer:
Businesses position products through differentiation, cost leadership, and niche marketing. Market share is calculated using a specific formula.
Explanation:
Product positioning in the marketplace:
- Differentiation: Offering unique features or benefits that set the product apart from competitors (e.g., Apple products).
- Cost leadership: Providing products at lower prices than competitors (e.g., Walmart).
- Niche marketing: Focusing on a specific segment with specialized needs (e.g., Tesla targeting electric car enthusiasts).
Market share formula: Market share = (Company's sales revenue / Total market sales revenue) x 100%
Learn more about Product positioning and market share in business here:
https://brainly.com/question/44172929
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