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BRAND POSITIONING & VALUES

3.1
Brand Positioning
Is at the heart of the marketing
strategy

. . . the act of designing the


companys offer and image so that it
occupies a distinct and valued place
in the target customers minds.
Philip Kotler

3.2
Positioning
It requires the marketers to determine a
frame of reference (target market and
competition)
What are the ideal points-of-parity and
points-of-difference brand associations vis-
-vis the competition?
Marketers need to know:
Who the target consumer is (segmentation)
Who the main competitors are

How the brand is similar to these competitors

How the brand is different from them


3.3
Nature of Competition
Deciding to target a certain type of
consumer often defines the nature of
competition
Do not define competition too
narrowly
Ex: a luxury good with a strong benefit
like stereo equipment may compete as
much with a vacation as with other
durable goods like furniture

3.4
Points-of-Parity and Points-of-
Difference
Points-of-difference (PODs)
attributes or benefits that consumers strongly associate
with a brand, positively evaluate, and believe that they
could not find to the same extent with a competitive
brand.
similar to USP

On performance attributes (Eg. Hyundai) or Imagery

(Five star airlines Qatar Airways) or combined (Eg.


Lexus)
Points-of-parity associations (POPs)
are not necessarily unique to the brand but may in fact
be shared with other brands.
basic or expected product level (important for brand

extensions like Dove)


Zone of tolerance
3.5
Brand Positioning
Guidelines
Defining and communicating the
competitive frame of reference
Inform your consumers about your
valid presence in the category
Apple was known for computers not for
phones
http://
www.youtube.com/watch?v=6lZMr-ZfoE4

3.6
Brand Positioning
Guidelines
Choosing PODs
Desirability criteria (consumer
perspective)
Personally relevant (Not like Crystal Pepsi; We put
silk in the bottle Alberto Natural silk shampoo)
Distinctive and superior (Colgate Active Salt)

http://www.youtube.com/watch?v=Ml8YRYCylQo
Deliverability criteria (firm perspective)
Feasible (Mountain Dew)
Profitable

Pre-emptive, defensible, and difficult to attack

(Starbucks)

3.7
3.8
Establishing POP and POD
Trade-offs in positioning
Price and quality (Eg. JetBlue)
Taste and low calories (Cereals)

Nutritious and taste (Cereals)

Efficacy and mildness (Eg. Green


Works)
Varied and simple (Microsoft)

Smart marketers can do: BMW


performance and luxury, Ultimate
Driving Machine
3.9
Establishing POP and POD
Separate the attributes
Dual ad campaign of Head & Shoulders (Dandruff
removal and appearance and beauty of hair)
https:// www.youtube.com/watch?v=v00SgDb8ZHs
https:// www.youtube.com/watch?v=aIB31j59lt4
https://www.youtube.com/watch?v=XFf-0B3IW40
Leverage secondary association e.g., co-
brand
Boost and Sachin (taste and nutritious)
Re-define the relationship from negative to
positive
Eg. Avis, we try harder; Heinz: Its Slow Good
Updating the positioning over
Updating the positioning over
time 3.10
Establishing Brand
Mantra
Brand Associations
Set of abstract concepts or phrases
(attributes and benefits) that
characterize the five to ten most
important dimensions of the mental map
of a brand
Relate to points-of-parity and points-of-
difference
Mental map Core brand values Brand
mantra
3.11
Brand Mantras
An articulation of the heart and soul of the brand
similar to brand essence or core brand promise
Short three- to five-word phrases that capture the
irrefutable essence or spirit of the brand
positioning and brand values (McDonalds: Food, Folks and Fun)
Considerations
Communicate (what category and what is unique)
Simplify (memorable) Fun Family Entertainment
Disney; Disneyworld, Magical Fun
Inspire (Nike: Authentic athletic performance)
Emotional; descriptive and brand function

3.12
Designing the Brand
Mantra
The term brand functions describes the
nature of the product or service or the
type of experiences or benefits the brand
provides.
The descriptive modifier further clarifies
its nature.
The emotional modifier provides another
qualifierhow exactly does the brand
provide benefits, and in what way?

3.13
Designing the Brand
Mantra
Emotional Descriptiv Brand
Modifier e Functions
Modifier

Authentic Athletic Performance


Nike

Fun Family Entertainment


Disney

Fun Folks Food

3.14
Brand Audit
A comprehensive examination of a brand
involving activities to assess the health of
the brand, uncover its sources of equity,
and suggest ways to improve and leverage
that equity
Understand sources of brand equity
Firm perspective (Brand Inventory)
Consumer perspective (Brand Exploratory)
Set strategic direction for the brand
Recommend marketing programs to
maximize long-term brand equity (Polaroid from
conventional photography to fun side of peoples lives)
3.15
Brand Inventory
A current comprehensive profile of how
all the products and services sold by a
company are branded and marketed:
Brand elements, Supporting marketing
programs, Profile of competitive brands, POPs
and PODs, Brand mantra
By collecting brand names, logos, symbols,

characters, packaging, slogans, other trade


marks used, inherent attributes of the product
or brand, the pricing, communications,
distribution policies and any other relevant
marketing activities
3.16
Brand Inventory (Cont.)
Suggests the bases for positioning the
brand
Offers insights to how brand equity
may be better managed
Assesses consistency in message
among activities, brand extensions,
and sub-brands in order to avoid
redundancies, overlaps, and
consumer confusion
3.17
Brand Exploratory
Provides detailed information as to
how consumers perceive the brand:
Awareness
Favorability

Uniqueness of associations

Helps identify sources of customer-


based brand equity
Uncovers knowledge structures for
the core brand as well as its
competitors 3.18
Suggested Brand Audit
Outline
Brand audit objectives, scope, and approach
Background about the brand (self-analysis)
Background about the industries
Consumer analysis and insights (trends,
motivation, perceptions, needs, segmentation,
behavior) on the basis of surveys, depth
interviews, focus groups.
Brand inventory
Elements, current marketing programs, POPs, PODs
Branding strategies (extensions, sub-brands, etc.)
Brand portfolio analysis
Competitors brand inventory
Strengths and weaknesses 3.19
Brand Audit Outline (Cont.)
Brand exploratory
Brand associations
Brand positioning analysis
Consumer perceptions analysis (vs. competition)
Perceptual mapping
Summary of competitor analysis
SWOT analysis
Brand equity evaluation
Strategic brand management
recommendations

3.20

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