Perception is Reality

We have probably heard the cliché ‘perception is reality’. This means that we need to consider how the marketplace actually perceives the positioning of different products, rather than a technical/objective assessment of the product.

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Determinant Attributes

But what is meant by a ‘determinant’ attribute? Well, a simple way to think about determinant attributes is to consider the particular attributes a consumer uses when they are determining their choice between competitive offerings. In other words, determinant attributes are the most important for them and are used to differentiate key offerings.

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