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10 Crafting the Brand Positioning
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Chapter Questions How can a firm develop and establish an effective positioning in the market? How do marketers identify and analyze competition? How are brands successfully differentiated? What are the differences in positioning and branding with a small business? Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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What is Positioning? Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Value Propositions Perdue Chicken
More tender golden chicken at a moderate premium price Domino’s A good hot pizza, delivered to your door within 30 minutes of ordering, at a moderate price Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Competitive Frame of Reference
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Table 10.2 Customer Ratings of Competitors
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Defining Associations
Points-of-difference 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 Points-of-parity Associations that are not necessarily unique to the brand but may be shared with other brands Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Point-of-Difference Criteria
Desirable Deliverable Differentiating Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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POP versus POD Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Figure 10.1a Perceptual Map: Current Perceptions
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Figure 10.1b Perceptual Map: Possibilities
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Brand Mantras Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Designing a Brand Mantra
Communicate Simplify Inspire Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Constructing a Brand Positioning Bull’s-Eye
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Conveying Category Membership
Announcing category benefits Comparing to exemplars Relying on the product descriptor Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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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 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Differentiation Strategies
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Means of Differentiation
Employee Channel Image Services Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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Emotional Branding Strong culture Communication style Emotional hook
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Market Share, Mind Share, and Heart Share
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Brand Narratives and Storytelling
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For Review How can a firm develop and establish an effective positioning in the market? How do marketers identify and analyze competition? How are brands successfully differentiated? What are the differences in positioning and branding with a small business? Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall
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