Product Positioning Matrix

The Product Positioning Matrix is a tool used to analyze the positioning of a product or service relative to its competitors. It helps to identify the unique selling points of a product, and how it can be differentiated from other similar products.

At a very high level, the Product Positioning Matrix is used in the context of business, marketing, finance.

Product Positioning Matrix quadrant descriptions, including examples
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What is the Product Positioning Matrix?

A visual explanation is shown in the image above. The Product Positioning Matrix can be described as a matrix with the following quadrants:

  1. Product Features: Product features are the tangible characteristics of a product, such as size, weight, color, etc. For example, a laptop may have a 15-inch screen, 8GB of RAM, and a 1TB hard drive.
  2. Product Benefits: Product benefits are the intangible benefits that a product provides to its users. For example, a laptop may provide the benefit of portability, allowing users to work from anywhere.
  3. Competitive Advantages: Competitive advantages are the features or benefits of a product that give it an edge over its competitors. For example, a laptop may have a longer battery life than its competitors.
  4. Competitive Disadvantages: Competitive disadvantages are the features or benefits of a product that put it at a disadvantage compared to its competitors. For example, a laptop may have a shorter battery life than its competitors.

What is the purpose of the Product Positioning Matrix?

The Product Positioning Matrix is a tool used to analyze the positioning of a product or service relative to its competitors. It helps to identify the unique selling points of a product, and how it can be differentiated from other similar products. This matrix is especially useful for businesses that are looking to launch a new product, or to reposition an existing one.

The matrix is divided into four quadrants, each representing a different aspect of the product. The top-left quadrant is for the product's features, the top-right quadrant is for the product's benefits, the bottom-left quadrant is for the product's competitive advantages, and the bottom-right quadrant is for the product's competitive disadvantages. Each quadrant should be filled in with information about the product, its competitors, and the market.

The Product Positioning Matrix can be used to identify the unique selling points of a product, and how it can be differentiated from other similar products. It can also be used to identify potential weaknesses in the product, and how they can be addressed. This matrix can be used to inform decisions about product design, pricing, and marketing.


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What templates are related to Product Positioning Matrix?

The following templates can also be categorized as business, marketing, finance and are therefore related to Product Positioning Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

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