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Brand
Positioning
DeVera, Dianne
Lu, Vida
Mantos, Charles
Valeroso, Eunice
Brand
The American Marketing
Association defines brand
a name, term, sign,
symbol, or design, or a
combination of them,
intended to identify the
goods or services of one
seller or group of sellers
and to differentiate them
from those of
competitors.
Positioning
Positioning is the act of designing
the companys offering and image
to occupy a distinctive place in the
mind of the target market.
The goal is to locate the brand in
the minds of consumers to
maximize the potential benefit to
the firm.
Identifying Competitors
Category membershipthe products or sets
of products with which a brand competes and
which function as close substitutes. This is a
good starting point to determine a competitive
frame of reference for brand positioning
vs
vs
vs
Identifying Competitors
We can examine competition from both an
industry and a market point of view.
An industry is a group of firms offering a product
or class of products that are close substitutes for
one another.
Using the market approach, we define
competitors as companies that satisfy the same
customer need.
Analyzing Competitors
Points-of-difference (PODs)
Are attributes or benefits consumers strongly
associate with a brand, positively evaluate, and
believe that they could not find to the same
extent with a competitive brand. Strong,
favorable, and unique brand associations that
make up PODs may be based on virtually any
type of attributes or benefits.
Points-of-Parity
are attributes or benefits associations that are
not necessarily unique to the brand but may
in fact be shared with other brands.
These types of associations come in two basic
forms:
Category points-of-parity
Competitive points-of-parity
Brand Mantras
An articulation of the heart and soul of the brand
and is closely related to other branding concepts
like brand essence and core brand promise.
Brand mantras are short, three- to five-word
phrases that capture the irrefutable essence or
spirit of the brand positioning.
Brand mantras are designed with internal purposes
in mind. A brand slogan is an external translation
that attempts to creatively engage consumers.
Establishing Brand
Posistioning
Establishing
marketplace
brand
requires
positioning
that
in
the
consumers
Differentiation Strategies:
Means of Differentiation
Personnel
Companies can have better trained
Employees.
Image
Companies can craft powerful,
compeling images.
Channel
Companies can more effectively
and efficiently design their
Distribution channels coverage,
Expertise, and performance.
Service
Faster delivery system that
Provides more effective and
Efficient solutions to consumer
Differentiation Strategies:
Emotional Branding
Brand Journalism
Just as editors and writers for newspapers and
magazines tell many facets of a story to capture
the interests of diverse groups of people, Light
believes marketers should communicate different
messages to different market segments, as long
as they at least broadly fit within the basic broad
image of the brand.
Cultural Branding
Douglas Holt believes for companies
to build iconic, leadership brands,
they must assemble cultural
knowledge, strategize according to
cultural branding principles, and hire
and train cultural experts.