Entrepreneurship: Customer Needs and Expectations Market Positioning
Entrepreneurship: Customer Needs and Expectations Market Positioning
Entrepreneurship HIGH
SCHOOL
Module
· Customer Needs and Expectations 10
· Market Positioning
Quarter 1
Entrepreneurship
Quarter 1 – Self-Learning Module 10: Customer needs and Expectations, and
Market Positioning
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Self-Learning
Module
10
Quarter 1
In addition to the material in the main text, you will also see this box in the
body of the module:
As a facilitator you are expected to orient the learners on how to use this
module. You also need to keep track of the learners' progress while allowing them
to manage their own learning. Moreover, you are expected to encourage and assist
the learners as they do the tasks included in the module.
For the learner:
Posttest - This measures how much you have learned from the
entire module.
EXPECTATIONS
LEARNING OBJECTIVES: At the end of the lesson, the learners will be able to:
PRETEST
Direction: Read each item carefully. Select the letter of the best answer from the
choices given.
RECAP
Direction: Identify your target market for the following products.
LESSON
Ask students to cite at least 3 products that they need and 3 products that
they want?
Guide Question:
The best way to get people understand what the product is all about is by
keeping its messaging as simple as possible and through the art and science of
Positioning.
The final step in strategic marketing approaches that will assist the
entrepreneur in defining the specific market of the product.
Figure 4.1. 2.. The Three Entrepreneurial Marketing Strategies to identify the
market
- Is the process of communicating the image of the brand into the minds of
consumers. The objective is to make the brand stand out in comparison to
its competitors. (So & Torres, 2016, p.60)
The first logical steps that the entrepreneur must perform in the market positioning
is to determine that the product is truly differentiated from competition primarily in
terms of value and benefits that the customers will gain from it.
1. Cellphone
2. Education
3. Insurance
4. House
5. Vacation
Activity 2: How and Why: Based on your answer in activity 1, fill out the first
column of the table with the list of products you need or want then in the second
and third column, explain why and how those products satisfy your needs and
wants.
2.
4.
5.
Activity 3: Product Hunting. Direction: Visit a grocery store in your area.
Identify the products that you really need and want. Evaluate each product and
analyze its key element including its benefits and attributes by filling out the table
below.
1.
2.
3.
WRAP-UP
Direction: Fill in the blanks to complete the paragraph. Choose your answer from
the words written inside the box.
VALUING
POSTTEST
Direction: Write True if the statement is correct and False if the statement
is wrong.
_____ 1. The product must not occupy the same place or position being
occupied by the competitor.
_____ 2. A product with more benefits and attributes is hard to sell in the
market.
_____ 3. Market positioning is the process of communicating the image of the
brand into the minds of consumers
_____ 4. The last phase of Market Positioning is to Evaluate the benefits of
every Market Position.
_____ 5. There are two basic dimensions that must be seriously considered in
deciding the market position of the product. These are the price and
quantity.
KEY TO CORRECTION
References
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