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