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N O C O M P A N Y C A N
W I N I F I T ’ S
P R O D U C T S
R E S E M B L E E V E R Y
O T H E R P R O D U C T
A N D O F F E R I N G
CRAFTING THE BRAND POSITIONING
By – TEJAS GATTANI
Indian Institute of Technology
MARKETING STRATEGY
Segmentation Targeting Positioning
POSITIONING
• Designing company’s offerings and image to occupy a distinctive place in minds of the
target market
• E.g. Philips is a market leader in:
– Medical diagnostic imaging
– Patient monitoring systems
– Energy efficient lightning solutions
– Personal lifestyle solutions
COMPETITIVE FRAME OF REFERENCE
• Identifying competitors
• Analyzing competitors
• E.g. Philips need to
identify and analyze
the Japanese
manufacturers
BRAND MANTRA
BRAND MANTRA
• Based on market research and customer needs
• Wanted to remove technology hassle and make
easy to access
• First to take action on basis of target audience
• Audience consisted of youth from 35-55 yrs.
• Required as for to develop global marketing
strategy
EVALUATE PHILIPS’ “SENSE AND
SIMPLICITY” STRATEGY. WHAT ARE
THE RISKS COMPANY FACES IN
USING THIS TAGLINE ?
REASONS
• Compromise on advancement in technology to make things simpler
• Give impression of less advanced electronics manufacturer because of simpler design
• Vague tagline as meaning is unclear:
– Simplicity in terms of design or use?
• Expectations differ from offerings
WHAT STRATEGIES CAN PHILIPS
FOLLOW TO WARD OF COMPETITION
FROM JAPANESE MANUFACTURERS
OF CONSUMER ELECTRONICS ?
REASONS
• Automating its manufacturing plants
• Investing in R&D to create low cost solutions
• Emphasizing on opponents POD’s
REFRENCES
• Google Images
• Marketing Management by Philip Kotler, Kevin Keller
THANK
YOU

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Philips case study chapter 10

  • 1. N O C O M P A N Y C A N W I N I F I T ’ S P R O D U C T S R E S E M B L E E V E R Y O T H E R P R O D U C T A N D O F F E R I N G
  • 2. CRAFTING THE BRAND POSITIONING By – TEJAS GATTANI Indian Institute of Technology
  • 4. POSITIONING • Designing company’s offerings and image to occupy a distinctive place in minds of the target market • E.g. Philips is a market leader in: – Medical diagnostic imaging – Patient monitoring systems – Energy efficient lightning solutions – Personal lifestyle solutions
  • 5. COMPETITIVE FRAME OF REFERENCE • Identifying competitors • Analyzing competitors • E.g. Philips need to identify and analyze the Japanese manufacturers
  • 7. BRAND MANTRA • Based on market research and customer needs • Wanted to remove technology hassle and make easy to access • First to take action on basis of target audience • Audience consisted of youth from 35-55 yrs. • Required as for to develop global marketing strategy
  • 8. EVALUATE PHILIPS’ “SENSE AND SIMPLICITY” STRATEGY. WHAT ARE THE RISKS COMPANY FACES IN USING THIS TAGLINE ?
  • 9. REASONS • Compromise on advancement in technology to make things simpler • Give impression of less advanced electronics manufacturer because of simpler design • Vague tagline as meaning is unclear: – Simplicity in terms of design or use? • Expectations differ from offerings
  • 10. WHAT STRATEGIES CAN PHILIPS FOLLOW TO WARD OF COMPETITION FROM JAPANESE MANUFACTURERS OF CONSUMER ELECTRONICS ?
  • 11. REASONS • Automating its manufacturing plants • Investing in R&D to create low cost solutions • Emphasizing on opponents POD’s
  • 12. REFRENCES • Google Images • Marketing Management by Philip Kotler, Kevin Keller