Brand positioning by jony shakya
-
Upload
jonyshakya -
Category
Documents
-
view
282 -
download
1
description
Transcript of Brand positioning by jony shakya
Strategic brand management
BRAND POSITIONING
Positioning guidelines
Use PODs & POPs as a effective tool for positioning
Starting point in defining a competitive frame of reference for a brand positioning is to determine category membership
For highly established products category membership is not a focal issue. Ex- coca cola
There are many situations in which it is important to inform consumers of a brand’s category membership. Perhaps the most important is the introduction of new product
Positioning guidelines
PDA (personal digital assistants) were launched they could have been positioned as either a computer accessory or as a replacement for an appointment book. The failure to define ‘Category membership’ was one of the reason of failure of the product.
Positioning guidelines
Sometimes consumers know a brand's category membership but may not be convinced the brand is a true.
Consumers are aware that Sony produces computers, but may not be certain whether Sony computers are in the same class as Dell, HP and Lenovo
Positioning guidelines
The preferred approach to positioning is to inform consumers of brand’s membership before stating its POD in relationship to other category members
For new products, separate marketing programs are generally needed to inform consumers of membership prior to one that states a point of difference.
Brands with greater resources can develop concurrent marketing programs, one of which features membership and the other the POD
Efforts to inform consumers of membership and POI in the same ad, however are often not effective
Positioning guidelines
There are three different ways brand’s category membership can be conveyed Communicating category benefit: (New
washing machine with powerful motor- just to create POP)
Using Exemplars: associating to well known brand (ITC using well known actress for new product)
Using product descriptor:: Product descriptor follows the brand (Videocon washing machine, Tata namak, Scooty)
Positioning guidelines
Choosing Point of Difference Two important consideration in choosing PODs are
Consumer should find POD desirable (desirability) Consumers belief about delivery by the company
(deliverability) Desirability criteria
Relevance Distinctiveness Believability
Deliverability criteria Feasibility Communicability Sustainability
Positioning guidelines
Updating positioning over time: With established brands, competitive forces
often dictate shifts in positioning strategy over time
1. Laddering:1. Deepening the meaning of the brand to tap
new core brand associations
2. Reacting1. Responding to competitive challenges that are
threatening already established product
Defining and Establishing Brand Mantras
In some cases brands span multiple product categories and therefore may have multiple distinct-yet related positioning
As brand evolves and expand across categories, marketers will want to define a set of core brand associations to capture the important dimensions of the brand meaning and what the brand represents
Core brand associations are those abstract associations (attributes and benefits) that characterize the 5 to 10 most important aspects or dimensions of a brand
Defining and Establishing Brand Mantras
To identify core brand associations marketers should create a mental map
To create mental map ask consumers their top-of-the-mind brand associations (When you think of this brand, what comes to your mind?)
Defining and Establishing Brand Mantras: MENTAL Map Mtv
04/08/2023
11
OriginalReal & genuine
For me
Fun and entertaining
Young
Hip & cool
Irreverent & rebellious
Popular
Interactive
Connected
Live & Immediate
Music
Informative
Trusting
Mainstream
Leader
Popular
Trendsetter
Changing
Defining and Establishing Brand Mantras: MENTAL Map Mtv
04/08/2023
12
Next marketers group brand associations into related categories with descriptive levels to find CORE BRAND ASSOCIATIONS
MusicWhat’s hot and what’s new
CommunityShared experience (literally and talk value)
CredibilityExpert, Trusting, Reality
ModernHip-cool
PersonalityIrreverent, Hip-cool
SpontaneityUp-to the-minuteImmediate
AccessibilityRelevant, for for everyone
OriginallyGenuine, creative
InteractivityConnected and participatory
FluidityAlways changing and evolving
Defining and Establishing Brand Mantras
Brand mantra is an articulation of the ‘heart and soul’ of the brand, a short three-to-five-word phrase that captures the irrefutable essence or sprit of the brand positioning
It is similar to ‘brand essence’ or ‘core brand promise’
Purpose of Brand mantra is to ensure that all employees and external marketing partners understand what the brand most fundamentally is to represent to consumers, so they can adjust their actions accordingly
Defining and Establishing Brand Mantras
Brand mantra are powerful devises. They can provide guidance about what products to introduce under the brand, what ad campaigns to run and where and how the brand should be sold. It may guide other decisions like look of the reception area and the way employees answer the phone
Brand mantras create a mental filter to screen out brand-inappropriate marketing activities or actions of any type that may have a negative bearing on customers’ impression of the brand
Defining and Establishing Brand Mantras
Brand mantra Nike: Authentic- Athletic- Performance Disney: Fun-Family-Entertainment
Internal branding
Internal branding is making sure that members of the organization are properly aligned with the brand and what it represents
Positioning the brand Internally Use your employees as your
ambassadors for the brand Using B2E (business-to-employee)
program