2. Positioning?
The act of designing a company’s offering and image to
occupy a distinctive place in the minds of the target market.
3. the strategies
1. Determining a competitive frame of reference.
2. Identifying optimal POPs and PODs.
3. Choosing PODs and POPs.
4. Brand Mantras.
5. Establishing Brand positioning.
6. Alternative approach to positioning.
4. Determining a competitive frame of reference
Defines which other brands compete with
and
therefore which brands should be the focus of competitive analysis.
5. Determining a competitive frame of reference
• Start Knowing which
companies satisfying the
same customer need.
Identifying
competitors
• Gather information
about each competitor’s
real and perceived
strengths and weakness.
Analysing
competitors
6. Identifying optimal PODs and POPs
Points of Difference (PODs)
•Attribute or benefits strongly associated
with brand and couldn’t be found in the
same extent with a competitive brand.
Points of Parity (POPs)
•Attribute or benefits not necessarily
unique to the brand but may in fact be
shared with others brands.
7. Choosing POPs and PODs
Perceptual mapping of consumer perceptions and preferences.
creating market opportunities by overlaying
consumer preferences with brand perception.
8. Please make some small words….
Capture the irrefutable essence or spirit of the Brand position.
13. Establishing Brand positioning
Communicate PODs and POPS
Kill this difficulty by
Addressing brand attributes or benefits separately as PODs or POPs.
Developing a product or service that performs well on both dimensions.
14. Alternative approaches to positioning
Some provocative ideas on how to positive a brand
BRAND NARRATIVES AND STORYTELLING
Describing a Brand as a narrative or
story.
BRAND JOURNALISM
Communicating different message to
different market segments.
CULTURAL JOURNALISMCUTURAL
Assembling cultural knowledge.
15.
16. Created by Pranav Anand, IIT Kharagpur
during an internship by Prof. Sameer Mathur, IIM Lucknow.
Web: www.IIMInternship.com