Saturday, January 4, 2014

Brand Positioning

Define competitive frame of reference
Target market
Nature of competition
Define desired brand knowledge structures
Points-of-parity: necessary - competitive
Points-of-difference: strong, favorable, and unique brand associations

Issues in Implementing Brand Positioning
         Establishing Category Membership
Product descriptor
Exemplar comparisons

         Identifying & Choosing POP’s & POD’s
    Desirability criteria (consumer perspective)
  Personally relevant
  Distinctive & superior
  Believable & credible
         Deliverability criteria (firm perspective)
  Feasible
  Profitable
  Pre-emptive, defensible & difficult to attack

         Communicating & Establishing POP’s & POD’s
Create POP’s and POD’s in the face of attribute & benefit trade-offs
  Price & quality
  Convenience & quality
  Taste & low calories
  Efficacy & mildness
  Power & safety
  Ubiquity & prestige
  Comprehensiveness (variety) & simplicity
  Strength & refinement

         Sustaining & Evolving POD’s & POP’s
Core Brand Values:
  Set of abstract concepts or phrases that characterize the 5-10 most important                 dimensions of the mental map of a brand.
  Relate to points-of-parity and points-of-difference
  Mental Map à Core Brand Values à Brand Mantra
Brand Mantras:
  A brand mantra is an articulation of the “heart and soul” of the brand.  Brand       mantras are short three to five word phrases that capture the irrefutable essence   or spirit of the brand positioning and brand values
  Nike: Authentic Athletic Performance
  Disney: Fun Family Entertainment


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