Positioning the Battle for Your Mind_Hamneesh_PA1
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Transcript of Positioning the Battle for Your Mind_Hamneesh_PA1
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7/30/2019 Positioning the Battle for Your Mind_Hamneesh_PA1
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Positioning of Leader
First Brand into the brain has an advantage
Maintain Momentum. Think Long Term
Do not state obvious
Rubbing It in e.g Coca Cola Real Thing
Cover all betsDont disdain the Competitorsproduct.See new product or service as anopportunity, not as competition.
Power from the Product
Cover with a broader name. e.g. New York CentralRail Road V/s American Airlines
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Positioning of a Follower
Look for a hole and then fill it. Not in
the factory but in the mind.
Dont fall in the technology trap e.g. Frost
8/80First Dry White whiskey
Dont Appeal to everybody
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The Power of Name
How to Choose aName ?
Name should jumpstart the positioning
Process Sometimes strong
generic likedescriptive nameswill block me-toocompetition
How Not to Choose aName ?
Example Time V/sNewsweek
Time-Short Catchybut Subtle & Tricky
Time- Could be aTrade Magazine for awatch industry
Fortune V/s Businessweek
When to ChooseMeaningless Name?
First Company intomind with new
product or service isgoing to becomeFamous
e.g. Coke (Residual ofcoal)
New Product that
millions of peopleare certain to wantcan afford anymeaning less name.
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No Name Trap
Use Initials to name your company, after itbecomes famous. E.g IBM , P&G
The name must sound good, not just look good as
a logo. If Phoenetic Length of Word is same as Phoenetic
Length of Initials People Prefer Initials
E.g. West-ern Un-ion V/s Dou-ble-U U
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Repositioning The Competition
Basic Underlying MarketingStrategy has got to beReposition the Competition
To Move New Idea intoMind, Move the Old oneout of mind.
We are better than ourcompetitors- ComparativeAdvertising
Most of the ComparativeAdvertisements failed toreposition the competitors