<ul data-eligibleForWebStory="true">Product positioning plays a crucial role in a successful product launch strategy.It is important for defining how a product is perceived in the market and for internal team collaboration.Key aspects to consider in product positioning include defining target users, product functions, and unique selling proposition (USP).A framework with 6 essential questions can help in defining product positioning effectively.Creating a positioning statement that encapsulates the product's value proposition is essential.The positioning statement is used for product launch and forms the basis for developing messaging.Messaging aims to clearly communicate the product's features and benefits to customers.Positioning should be established before creating messaging to align communication channels effectively.Messaging should focus on showcasing the value delivered by the product and key capabilities.Including customer testimonials can provide validation and reinforce the messaging.