Define: Market Position

Business, Legal & Accounting Glossary

Definition: Market Position


Quick Summary of Market Position


The relative ranking of a brand, product, or company, as reflected by sales and customer recognition.



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Examples of Market Position in a sentence


The company was in the top market position before the CEO decided to change the company’s main product, and since then they have been losing customer steadily.
The amount of the year-end bonus is tied to the company’s market position, so everyone is motivated to make sure the products sell.



Cite Term


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https://payrollheaven.com/define/market-position/
Modern Language Association (MLA):
Market Position. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 07, 2020 https://payrollheaven.com/define/market-position/.
Chicago Manual of Style (CMS):
Market Position. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/market-position/ (accessed: April 07, 2020).
American Psychological Association (APA):
Market Position. PayrollHeaven.com. Retrieved April 07, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/market-position/

Definition Sources


Definitions for Market Position are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020