MARKETING MANAGEMENT 13th edition

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Presentation transcript:

MARKETING MANAGEMENT 13th edition 10 Crafting the Brand Positioning Kotler Keller

Marketing Strategy Segmentation Targeting Positioning

Positioning Act of designing the company’s offering and image to occupy a distinctive place in the mind of the target market.

Choosing a Positioning Strategy Step 1. Identifying Possible Competitive Advantages Step 2. Selecting the Right Competitive Advantage Step 3. Communicating and Delivering the Chosen Position

Defining Associations Points-of-parity (POPs) Associations that are not necessarily unique to the brand but may be shared with other brands Points-of-difference (PODs) Attributes or benefits consumers strongly associate with a brand, positively evaluate, and believe they could not find to the same extent with a competitive brand

Consumer Desirability Criteria for PODs Relevance Distinctiveness Believability

Deliverability Criteria for PODs Feasibility Communicability Sustainability

Examples of Negatively Correlated Attributes and Benefits Low-price vs. High quality Taste vs. Low calories Nutritious vs. Good tasting Efficacious vs. Mild Powerful vs. Safe Strong vs. Refined Ubiquitous vs. Exclusive Varied vs. Simple

Developing and Communicating a Positioning Strategy Positioning: How many ideas to promote? Unique selling proposition Four major positioning errors Underpositioning Overpositioning Confused positioning Doubtful positioning

Differentiation Strategies Product Personnel Channel Image

Product Differentiation Product form Features Performance Conformance Durability Reliability Reparability Style Design Ordering ease Delivery Installation Customer training Customer consulting Maintenance

Identity and Image Identity: The way a company aims to identify or position itself Image: The way the public perceives the company or its products