This document discusses product positioning. It begins by defining positioning as designing company offers and images to occupy a distinct place in customers' minds. It provides examples of how Pringles and M&M's are positioned. The document outlines strategies for positioning like using product attributes, association, problem-solving, usage occasions, competitors, and differences. It discusses differentiating products through better, newer, faster, or cheaper offerings. Steps of positioning and criteria for success like clarity, consistency, credibility, and competitiveness are presented. Common errors in positioning like under positioning and over positioning are explained. The document concludes that effective positioning connects products to target markets for competitive advantage and market coverage.