Essentials for Effective Positioning Strategies  Substance- must be committed to creating practical value.  Consistency- everything must work in combination.

Slides:



Advertisements
Similar presentations
6 Market Segmentation, Positioning, & the Value Proposition.
Advertisements

Reinforce company’s image to exhibit the company’s brand promise
11/11/08 Developing a Successful Marketing Strategy and Plan Transition to Value Added Products.
Chapter Fourteen Market Positioning and Branding.
Advertising and Public Relations
1 © 2009 South-Western, a part of Cengage Learning Chapter 6 Market Segmentation, Positioning, and the Value Proposition PPT 6-1.
18 Managing Mass Communications
18 Managing Mass Communications 1. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 18-2 Figure 18.1 The Five M’s of Advertising.
Copyright © 2012 Pearson Canada Inc. Part 3 Creating the Message 5-1.
International Plekhanov Conference Research of Successful Communications Planning; Team Restructuring.
© 2005 McGraw-Hill Ryerson Limited Positioning “The art and science of fitting the product or service to one or more segments of the broad market in such.
Chapter 6 Market Segmentation, Positioning, and the Value Proposition.
Market Segmentation, Positioning and the Value Proposition
The Role of IMC in the Marketing Process © 2003 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin.
Consumer Behavior: Meeting Changes and Challenges CHAPTER ONE.
Promotion Lesson Objectives:  Define promotion  List promotional mix activities  Explain what can influence the promotional mix.
Chapter 6: Strategic Brand Management
Promotions Opportunity Analysis Chapter 4 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall 4-1.
Marketing and the Marketing Concept 1.1
Introduction to Advertising
© 2006 Pearson Education Canada Inc. 5.1 Canadian Advertising in Action Chapter 5 Creative Planning Essentials.
5-1 Copyright © 2009 Pearson Education Canada CHAPTER 5 Creative Planning Essentials.
NOVEMBER 28, 2011 ADVERTISING. Advertising Any paid form of non-personal communication that promotes an idea, product, service, company or any combination.
©2005 Pearson Education Canada Inc.3-1 Chapter 3 Branding Strategy.
©2006 Pearson Education, Inc. Marketing for Hospitality and Tourism, 4th edition Upper Saddle River, NJ Kotler, Bowen, and Makens Chapter 14 Promoting.
Differentiation and Brand Positioning
1 Who Are You? Presented by Greg Rosenberg In today's competitive environment businesses need to differentiate themselves from their competitors. If you.
Fundamentals of Marketing
1 ©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Strategic Management: Text and Cases, 4e 5 Business-Level Strategy.
What is “branding”?  A business will create a brand for a product to give it a distinct identity.  Safeguards against consumers confusing the product.
1 Chapter 3 Branding Strategy. 2 The Brand “The sum of all characteristics, tangible and intangible, that make the offer unique.” Brand NameStarbucks.
Creative Strategy: Planning and Development
©2005 Pearson Education Canada Inc.4-1 Chapter 4 Advertising: Creative Planning.
Advertising & Promotion Research. Bellwork/Opening 8/31 Pretend you work for Under Armor. You have been working the last week with them and their STP.
4-1 Chapter 4 Understanding the Marketing Environment: Segmentation, Targeting, and Positioning.
© 2009 South-Western, Cengage LearningMARKETING 1 Chapter 7 COMPETITION IS EVERYWHERE 7-1Focusing on Market Segments 7-2Positioning for Competitive Advantage.
 Advertising & Media  Unit 3 – Analyzing the customer.
Building Strong Brand Dr. Ananda Sabil Hussein. Steps in Strategic Brand Management Identifying and establishing brand positioning Identifying and establishing.
OBJECTIVE 2.07 Reinforce company’s image to exhibit the company’s brand promise.
Chapter Fifteen Advertising and Public Relations Copyright ©2014 by Pearson Education, Inc. All rights reserved.
Marketing communication are messages and related media used to communicate with the market. Marketing communication is the “promotion” part of the marketing.
Strategic Research. Holiday Inn Express Stays Smart What research results led to an upgrade of all Holiday Inn Express bathrooms? How did their agency,
What Is Marketing? REVIEW. Objectives Explain why marketing is the business function that identifies customer needs Use marketing to establish your brand.
© 2006 Pearson Education Canada Inc. 3.1 Canadian Advertising in Action Chapter 3 Consumer Behaviour Concepts and Target Marketing.
Copyright © 2007 McGraw-Hill Ryerson Limited. Objectives To understand: The most important strategies used by marketers. The concept of market segmentation.
Chapter 9 Sport Marketing F. Wayne Blann, Ketra L. Armstrong.
Goals of Advertising. Brand Awareness and Positioning  Make people aware that the brand exists and how it’s positioned Brand Trial  Encourage customers.
Chapter 7 Event Marketing
Overview of Advertising Management
Market Segmentation and Target Marketing. Marketers rarely go after the entire market with one product, brand, or service. Why?
McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved. An Overview of Marketing Communications.
Brief Intro to Promotion & Promotional Mix Objectives Explain the role of promotion in business and marketing Identify the various types of promotion.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
Sarojads Services Saroj Ads is the best Ad Agency to facilitate the customers and marketers to meet at a place and it avail the facility to sell out their.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
Competitive Images & The Role of Marketing Tuesday, November 23.
The Fundamental Promotion - Objective & Budgeting Objectives are goals that the various promotion elements aspire to achieve individually or collectively.
Scheme of Work WeekTopic 1 Introduction: The Marketing & Marketing Mix; 7 P’s 2 The fundamental Promotion: Segmentation, Targeting, Positioning; Promotion.
Scheme of Work WeekTopic 1 Introduction: The Marketing & Marketing Mix; 7 P’s 2 The fundamental Promotion: Segmentation, Targeting, Positioning; Promotion.
Unit 10 Product and Service Management Chapter 30Product Planning Chapter 31Branding, Packaging, and Labeling Chapter 32Extended Product Features.
Market Segmentation, Positioning, and the Value Proposition
Understanding Product/Service Positioning
Chapter 3 – Analyzing Your Customers What You’ll Learn
Brand Management.
Chapter 3 – Analyzing Your Customers What You’ll Learn
The Brand “The sum of all characteristics, tangible and intangible, that make the offer unique.” Brand Name Coca-Cola Brand Logo Bottle Design and Red.
The Role & Impact of Marketing (Text 229 – 238)
Marketing Plan Welcome to Marketing.
Presentation transcript:

Essentials for Effective Positioning Strategies  Substance- must be committed to creating practical value.  Consistency- everything must work in combination to reinforce a perception in the consumer’s eyes.  Simple & Distinctive- communication to the target segment is key.

Fundamental Positioning Themes  Benefit Positioning-  Consumers purchase products to derive functional or emotional benefits  Colgate- Fight the Fur Factor Colgate- Fight the Fur Factor

Fundamental Positioning Themes  User Positioning-  takes a specific profile of the target user as the focal point of the positioning strategy.  Pepsi- Generation Pepsi- Generation  McDonald's- First Customer McDonald's- First Customer

Fundamental Positioning Strategy  Competitive Positioning-  The goal is to use an explicit reference to an existing competitor to help define precisely what the brand can do.  Dollar Shave Club- Free Gift Dollar Shave Club- Free Gift  Apple- Mac vs. PC Apple- Mac vs. PC

You Try It!  In a team, you will create an advertisement/skit for a brand using one of the three positioning strategies.  The advertisement/skit must explicitly state the brand name.  The advertisement/skit must have a specific speaking role for each member.  The group must be able to tell which positioning strategy you are using.  The advertisement/skit must be at least 15 seconds long and have a clear opening and closing.

Repositioning  Advertising is essential in repositioning.  New features, new styling, new image, and new theme are fundamental to repositioning.  Old Spice- And so it begins Old Spice- And so it begins  A clever ad + smart use of social media can produce a fresh identity, even for a brand that many associate with their grandfather's deodorant. "Old Spice didn't change its logo, it changed the experience," said Marc Shillum, principal at Method, Inc. a consulting agency for brand designs.