Reflective Journal on Market Forces and Product Positioning

Running head: REFLECTIVE JOURNAL
Reflective responses on the statements of the students
Name of the student:
Name of the university:
Author note:

1
REFLECTIVE JOURNAL
Response 1
Hi Micheal
While reading your opinions, I found that you laid stress on the market forces, which
adversely affects the positioning of a product or brand. You are very straightforward in your
response, which provides the opportunity to the readers to understand your arguments on
positioning of a product. You have correctly pointed out that cost includes licensing and
tariffs, which influences the purchasing decision of the customers. You are correct in
projecting the importance of analysis in terms of increasing the profit margin. I affirm your
viewpoints about planning while catering to the price fluctuations. This is in terms of
bestowing innovative products upon the customers.
I liked your point regarding the consequences of positioning a product with high cost.
I support your decision regarding consideration of the new entrants for securing the market
position within a competitive ambience. I liked the way you compelled the companies and
organizations to be rational and alert in terms of dealing with the price fluctuations. I
appreciate your viewpoint regarding starting the product as premium. I think premium pricing
would help the personnel to identify the target audience. Especially, I would praise you for
emphasizing the need of strategic approach towards dealing with the sudden changes in price.
I can rate your statement as 4, as you have pointed the importance of strategic
approach towards stabilizing the financial parameter. I think this rating would act as a
valuation for voicing out your valuable opinions regarding the impact of market forces on
cost.