TOP 10 Learning Concepts for Chapter 10:  Crafting the Brand Positioning Anna Katrina L. Guray April 8, 2011 http://annaguray06.blogspot.com
OUTLINE PODs and POPs Category Membership Desirability Criteria for PODs Deliverability Criteria for PODs Differentiation Strategies http://annaguray06.blogspot.com
OUTLINE Product Differentiation Claims of Product Life Cycles Marketing Program Modifications Ways to Increase Sales Volume Market Evolution Stages Summary http://annaguray06.blogspot.com
PODs are POINTS-OF-DIFFERENCE Concept 1: PODs STRONG, FAVORABLE & UNIQUE PERFORMANCE GUARANTEED OVERNIGHT DELIVERY MINI COOPER http://annaguray06.blogspot.com
POPs are POINTS-OF-PARITY Concept 1: POPs SHARING FEATURES & BENEFITS + = = + + http://annaguray06.blogspot.com
Brand Membership is Important! Concept 2: Category Membership Announcing Category  Benefits Comparing to Exemplars http://annaguray06.blogspot.com
Brand Membership is Important! Concept 2: Category Membership Relying on the Product Descriptor http://annaguray06.blogspot.com
Consumers’ Perspective Concept 3: Desirability Criteria for PODs Relevance.Distinctiveness.Believability RELEVANT? DISTINCTIVE? BELIEVABLE? http://annaguray06.blogspot.com
Company’s Perspective Concept 4: Deliverability Criteria for PODs FEASIBILITY COMMUNICABILITY SUSTAINABILITY http://annaguray06.blogspot.com
Create Differentiation! Concept 5: Differentiation Strategies PRODUCT PERSONNEL CHANNEL IMAGE http://annaguray06.blogspot.com
Differentiation increases sales! Product Form Features Performance Conformance Durability Reliability Reparability Concept 6: Product Differentiation HOW? http://annaguray06.blogspot.com
Differentiation is distinguishing a product from others Style Design Delivery Installation Customer Training Customer Consulting Maintenance Concept 6: Product Differentiation HOW? http://annaguray06.blogspot.com
How the market really works… Products have a limited life. Products sales pass through distinct stages. Concept 7: Claims of Product Life Cycles http://annaguray06.blogspot.com
How the market really works… Profits rise and fall. Products require different strategies. Concept 7: Claims of Product Life Cycles http://annaguray06.blogspot.com
How Product Managers can stimulate sales? Concept 8: Marketing Program Modifications PRICE CUT MORE OUTLETS MORE ADVERTISING MEANS http://annaguray06.blogspot.com
How Product Managers can stimulate sales? Concept 8: Marketing Program Modifications SALES PROMOTIONS GOOD SERVICES http://annaguray06.blogspot.com
How Product Managers can increase sales volume? Convert nonusers. Enter new market segments. Attract competitors’ customers. Have consumers use the product more often. Have consumers use the product in new ways. Concept 9: Ways to Increase Sales Volume http://annaguray06.blogspot.com
How the market evolves… Concept 10: Market Evolution Stages  Stage 1: EMERGENCE Stage 2: GROWTH Stage 3: MATURITY Stage 4: DECLINE http://annaguray06.blogspot.com
STAGE 1: EMERGENCE Concept 10: Market Evolution Stages  Need for a faster means of calculation Before the maket materializes, it exists as a latent market. http://annaguray06.blogspot.com
STAGE 2: GROWTH Concept 10: Market Evolution Stages  If the product sells well, the firm enters the market IPHONES http://annaguray06.blogspot.com
STAGE 3: MATURITY Concept 10: Market Evolution Stages  Eventually competitors cover and serve all the major market segments APPLE IPAD2 BB TABLET BB TORCH.IPHONE4 http://annaguray06.blogspot.com
STAGE 4: DECLINE Concept 10: Market Evolution Stages  Societies total need level decreases or superior technology replaces the old DESKTOP LAPTOP TABLET http://annaguray06.blogspot.com
Brand Positioning is a MUST! Determine PODs and POPs. Convey Category Membership Follow the set criteria for PODs. Create Differentiation. Observe Product Life Cycles. Set a Powerful Marketing Program. Think of Ways to Increase Sales Volume. Observe how the market evolves. Summary http://annaguray06.blogspot.com

TOP 10 CONCEPTS FOR CH10

  • 1.
    TOP 10 LearningConcepts for Chapter 10: Crafting the Brand Positioning Anna Katrina L. Guray April 8, 2011 http://annaguray06.blogspot.com
  • 2.
    OUTLINE PODs andPOPs Category Membership Desirability Criteria for PODs Deliverability Criteria for PODs Differentiation Strategies http://annaguray06.blogspot.com
  • 3.
    OUTLINE Product DifferentiationClaims of Product Life Cycles Marketing Program Modifications Ways to Increase Sales Volume Market Evolution Stages Summary http://annaguray06.blogspot.com
  • 4.
    PODs are POINTS-OF-DIFFERENCEConcept 1: PODs STRONG, FAVORABLE & UNIQUE PERFORMANCE GUARANTEED OVERNIGHT DELIVERY MINI COOPER http://annaguray06.blogspot.com
  • 5.
    POPs are POINTS-OF-PARITYConcept 1: POPs SHARING FEATURES & BENEFITS + = = + + http://annaguray06.blogspot.com
  • 6.
    Brand Membership isImportant! Concept 2: Category Membership Announcing Category Benefits Comparing to Exemplars http://annaguray06.blogspot.com
  • 7.
    Brand Membership isImportant! Concept 2: Category Membership Relying on the Product Descriptor http://annaguray06.blogspot.com
  • 8.
    Consumers’ Perspective Concept3: Desirability Criteria for PODs Relevance.Distinctiveness.Believability RELEVANT? DISTINCTIVE? BELIEVABLE? http://annaguray06.blogspot.com
  • 9.
    Company’s Perspective Concept4: Deliverability Criteria for PODs FEASIBILITY COMMUNICABILITY SUSTAINABILITY http://annaguray06.blogspot.com
  • 10.
    Create Differentiation! Concept5: Differentiation Strategies PRODUCT PERSONNEL CHANNEL IMAGE http://annaguray06.blogspot.com
  • 11.
    Differentiation increases sales!Product Form Features Performance Conformance Durability Reliability Reparability Concept 6: Product Differentiation HOW? http://annaguray06.blogspot.com
  • 12.
    Differentiation is distinguishinga product from others Style Design Delivery Installation Customer Training Customer Consulting Maintenance Concept 6: Product Differentiation HOW? http://annaguray06.blogspot.com
  • 13.
    How the marketreally works… Products have a limited life. Products sales pass through distinct stages. Concept 7: Claims of Product Life Cycles http://annaguray06.blogspot.com
  • 14.
    How the marketreally works… Profits rise and fall. Products require different strategies. Concept 7: Claims of Product Life Cycles http://annaguray06.blogspot.com
  • 15.
    How Product Managerscan stimulate sales? Concept 8: Marketing Program Modifications PRICE CUT MORE OUTLETS MORE ADVERTISING MEANS http://annaguray06.blogspot.com
  • 16.
    How Product Managerscan stimulate sales? Concept 8: Marketing Program Modifications SALES PROMOTIONS GOOD SERVICES http://annaguray06.blogspot.com
  • 17.
    How Product Managerscan increase sales volume? Convert nonusers. Enter new market segments. Attract competitors’ customers. Have consumers use the product more often. Have consumers use the product in new ways. Concept 9: Ways to Increase Sales Volume http://annaguray06.blogspot.com
  • 18.
    How the marketevolves… Concept 10: Market Evolution Stages Stage 1: EMERGENCE Stage 2: GROWTH Stage 3: MATURITY Stage 4: DECLINE http://annaguray06.blogspot.com
  • 19.
    STAGE 1: EMERGENCEConcept 10: Market Evolution Stages Need for a faster means of calculation Before the maket materializes, it exists as a latent market. http://annaguray06.blogspot.com
  • 20.
    STAGE 2: GROWTHConcept 10: Market Evolution Stages If the product sells well, the firm enters the market IPHONES http://annaguray06.blogspot.com
  • 21.
    STAGE 3: MATURITYConcept 10: Market Evolution Stages Eventually competitors cover and serve all the major market segments APPLE IPAD2 BB TABLET BB TORCH.IPHONE4 http://annaguray06.blogspot.com
  • 22.
    STAGE 4: DECLINEConcept 10: Market Evolution Stages Societies total need level decreases or superior technology replaces the old DESKTOP LAPTOP TABLET http://annaguray06.blogspot.com
  • 23.
    Brand Positioning isa MUST! Determine PODs and POPs. Convey Category Membership Follow the set criteria for PODs. Create Differentiation. Observe Product Life Cycles. Set a Powerful Marketing Program. Think of Ways to Increase Sales Volume. Observe how the market evolves. Summary http://annaguray06.blogspot.com