In today's competitive market place strategic product positioning is the key to any successful business strategy. Whether the product or service is new or well established, periodic assessment of the product positioning with respect to the market and competition is vital to the overall success.
The product or service marketing should examine and address the following major areas:
Customer feedback
Market demand
Competition
Pricing strategy
Revenue and profit analysis
Sales and marketing approach
Organizational strength and weaknesses
Product strengths and weaknesses
Roadmap and future strategy