Six steps to creating a differentiating position for your brand 1- Survey your competitors. Identify which is your competitors’ position and if it is likely to gain any traction in the market. 2- Develop a hypothesis What niches of market are occupied by your competitors? Have they missed any you could benefit of? 3- Talk to your target. — Confirm the category and who prospects perceive as the major players in that category — Describe how prospects position the various brands in their own words. — Describe how prospects position your brand in their own words. — Arrive at a description prospects feel best distinguishes your brand. — Assess and discuss the appeal of your list of potential positions. — Assess and discuss the believability of your list of potential positions. 4- Define your position. Final position = relevant positions to your target + areas you can excel in according to your own assessment 5- Support your position. How? Prioritising the more convincing points for your target means believable communication. 6- Communicate your position. Ways of brand communication: advertising, packaging, customer service, pricing plans, corporative buildings decoration… Position should form the backdrop, define your tone and manners and be developed into a theme that frames your relationship with the market. Read the full guide: 6 steps to creating a differentiating position for your brand by @Duffy_Agency http://bit.ly/CompPositionGuide