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The aim of this research is to analyze the strategic positioning adopted by Nowdar Company and to identify the main factors which might have a significant influence on the adoption of physical and perceptual positioning strategies by a firm. Data were collected by distributing a questionnaire among Nowdar Company personnel. The paper considers six firm-specific characteristics which can be associated with the adoption of physical and perceptual positioning strategies which include: technical characteristics, physical characteristics, objective criteria, paying attention to customers’ needs, perceptual characteristics, and subjective criteria. Results show that there is a positive association between technical characteristics and physical positioning, a positive association between subjective criteria and perceptual positioning, a significant relationship between physical positioning and strategic positioning, and a significant relationship between perceptual positioning and strategic positioning.