Keeney, Ralph L.; Sloan School of Management; Lilien, Gary L.
Synopsis "A Utility Model for Product Positioning"
A Utility Model for Product Positioning, authored by Ralph L. Keeney and Gary L. Lilien, presents a formal approach to understanding and optimizing product positioning strategies. This work delves into the construction and application of a utility model designed to assess consumer preferences and predict market response to various product attributes. The model offers a quantitative framework for businesses aiming to strategically position their products in the marketplace, taking into account consumer behavior and competitive dynamics.This research is particularly relevant for marketers and managers seeking a structured method for decision-making in product development and marketing campaigns. By employing econometric techniques and management science principles, this model provides a valuable tool for evaluating the potential success of different product positions, enhancing the likelihood of achieving a competitive advantage.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
