Product Positioning, Branding and Product Line Strategies

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Presentation transcript:

Product Positioning, Branding and Product Line Strategies MBM6 Chapter 7 1971 1987 Chapter 7 Objectives Product Positioning & Positioning Strategies Branding and Brand Management Strategies Product Line Strategies 1992 2011 Why would Starbucks change it’s logo in 2011? Copyright Roger J. Best, 2012

Product Positioning & Positioning Strategies Product Positioning, Branding and Product Line Strategies MBM6 Chapter 7 Product Positioning & Positioning Strategies In this section we will focus on different approaches to product positioning. Copyright Roger J. Best, 2012

Starbucks Brand Strategy MBM6 Chapter 7 Starbucks Brand Strategy Core Brand Branded Product Lines The new logo frees Starbucks from a pure coffee brand and allows for other products to evolve under the new brand logo. Copyright Roger J. Best, 2012

Intel Product Positioning Strategy MBM6 Chapter 7 Intel Product Positioning Strategy Year Introduced Mid 2000’s Late 1990’s Early 1990’s 2000 What is the logic behind the Intel’s Product Positioning? Why is Celeron a Fighter Brand? Copyright Roger J. Best, 2012

Black & Decker Positioning Strategy MBM6 Chapter 7 Black & Decker Positioning Strategy Black & Decker (B&D) owns DeWalt. Why don’t they use B&D with the DeWalt brand name? Copyright Roger J. Best, 2012

Repositioning Strategy Marketing Performance Tool 7.1 Loctite Quick Metal Copyright Roger J. Best, 2012

Nike Product Positioning MBM6 Chapter 7 Nike Product Positioning Product positioning has many elements. Explain how each play a role in Nike’s product position and market share. Copyright Roger J. Best, 2012

Samsung – Repositioning Strategy MBM6 Chapter 7 Samsung – Repositioning Strategy Copyright Roger J. Best, 2012

Positioning Strategies MBM6 Chapter 7 Name a different company that has built it’s positioning strategy around one of the five area of positioning shown above. Copyright Roger J. Best, 2012

Nike Shoe Positioning MBM6 Chapter 7 Which product features drive interest in this Nike shoe? Copyright Roger J. Best, 2012

GE Appliance Product Line Positioning Strategy MBM6 Chapter 7 What is the logic behind GE’s Product Line Strategy? Copyright Roger J. Best, 2012

Nordstrom Service Quality MBM6 Chapter 7 Nordstrom Service Quality Customer service has become synonymous with Nordstrom Every register at Nordstrom stores has pen and paper for customers to share their stories. Every morning before each store opens, Nordstrom employees gather in the main lobby for the store manager to share some of the best stories from the previous day and reward the employees in those stories. Copyright Roger J. Best, 2012

Branding & Brand Management Strategies Product Positioning, Branding and Product Line Strategies MBM6 Chapter 7 Branding & Brand Management Strategies In this section we will focus on different approaches to branding products and product lines. Copyright Roger J. Best, 2012

Branding Strategies MBM6 Chapter 7 Cessna Citation CJ1+ Copyright Roger J. Best, 2012

Company Name – Product Name MBM6 Chapter 7 Company Name – Product Name The new logo frees Starbucks from a pure coffee brand and allows for other products to evolve under the new brand logo. Copyright Roger J. Best, 2012

Why did Toyota introduce the Lexus brand? MBM6 Chapter 7 Toyota Brand Strategy Why did Toyota introduce the Lexus brand? Copyright Roger J. Best, 2012

Textron’s Branding Strategy What is Textron’s branding strategy? MBM6 Chapter 7 Textron’s Branding Strategy What is Textron’s branding strategy? Copyright Roger J. Best, 2012

P & G’s Branding Strategy What is P&G’s Detergent branding strategy? MBM6 Chapter 7 What is P&G’s Detergent branding strategy? Copyright Roger J. Best, 2012

Brand Name Strategies MBM6 Chapter 7 Copyright Roger J. Best, 2012

Marketing Performance Tool 7.2 Developing a Brand Name Marketing Performance Tool 7.2 is designed to create a brand name such as the one above. Copyright Roger J. Best, 2012

Product Line Strategies Product Positioning, Branding and Product Line Strategies MBM6 Chapter 7 Product Line Strategies In this section we will look at different product line strategies. Copyright Roger J. Best, 2012

Marketing Performance Tool 7.3 Brand Assets & Brand Liabilities Copyright Roger J. Best, 2012

Measuring Brand Equity MBM6 Chapter 7 How was Toyota’s brand equity effected by Massive Toyota recalls in 2010 and 2011? Copyright Roger J. Best, 2012

Product Line Breadth & Profitability MBM6 Chapter 7 Product Line Breadth & Profitability Why would companies with broader product lines be more profitable? Copyright Roger J. Best, 2012

Product Line and Branding MBM6 Chapter 7 Product Line and Branding Copyright Roger J. Best, 2012

Frito-Lay Umbrella Brands MBM6 Chapter 7 The Frito-Lay product line is differentiated by type of product and brand name. Copyright Roger J. Best, 2012

Lean Cuisine – Horizontal and Vertical Product Line Strategy MBM6 Chapter 7 How has this expanded product line lower the average cost of each product? Copyright Roger J. Best, 2012

How does the Honda name and image Honda Branding and Product Line Strategy MBM6 Chapter 7 How does the Honda name and image help sell their extensive product line? Copyright Roger J. Best, 2012