Definition of Market position:
A ranking of a brand, product, or company, in terms of its sales volume relative to the sales volume of its competitors in the same market or industry.
How to use Market position in a sentence?
- I wondered what the market position was of the item, so I could make sure to take note of it for future reference.
- If you are thinking about selling your company you should try to get an accurate gauge on your market position .
- We were instructed to make a graph of our brands market position in relation to similar brands in order for us to see where we stand, and the amount of improvement needed.
Meaning of Market position & Market position Definition