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Published byCody Vincent Skinner Modified over 6 years ago
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Positioning Techniques and Brand Positions
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Positioning Techniques and Brand Positions
Presentation Structure: What is Positioning? Point of Differentiation Positioning Statement Positioning Map
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Positioning How your target market defines you in relation to your Competitors
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Thought a Benefit by Customers
Desired Position is: What makes you unique Thought a Benefit by Customers + Focus is standing out in a “noisy” market
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Difference Competitive Advantage Unique Selling Proposition
Extra Value Proposition
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Point of Difference The most compelling and motivating benefit that the brand can deliver relative to competitor offerings Differentiation: increases margins increases customer loyalty reduces switching
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Value Proposition The “core” value that you can deliver to the market
3 types of Value: Product Leadership Operational Efficiency Customer Intimacy
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Proposition to Position Statement
4 elements: Target audience – description of core customer Frame of reference - brand category Benefit/Difference - compelling benefit Reason to Believe – proof of delivery
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Positioning Statement
For target audience, brand name is the frame of reference that delivers benefit because only brand is reason to believe E.g. For a business in Taiwan, LAB is the Training provider that delivers up-to-date, applied training because only LAB has the on-site Brand Training and Consultancy expertise.
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Product Leadership Focus on Innovation and Development that aims to keep Brand always ahead of Competitors
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Operational Excellence
Focus is on Quality Value for Money
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Customer Intimacy Focus is on: Customised solutions Depth of Value
Extended Services
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Positioning Differences
Important – to target market Distinctive – compared to competition Superior – to other ways customer can get value Communicable – can be explained and communicated Preemptive – competitors cannot easily copy Affordable – buyers can pay for difference Profitable – to business
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Positioning Strategies
Product Features Customer Benefits Usage Directly against Away from Product class
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Position Map A C B Variable 2 HI Variable 2 Variable 2 HI LO LO
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Generic Positions
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Position Map : Chocolate
High Quality Belgian Milk Tray Roses Low Price High Fruit and Nut Mars Bar Low
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Summary 1 Positioning is a technique for brand strategy development
Considers both Customers and Competition Core is defining a point of Difference that matters to Customer
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Summary 2 Positioning Statement sets the scene for decisions
Positioning Map defines Competitive Position and Brand development
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