Transcript MARKETING MANAGEMENT 12th edition
MARKETING MANAGEMENT
12 th edition
10 Crafting the Brand Positioning
Kotler Keller
Marketing Strategy Segmentation Targeting Positioning
Positioning Act of designing the company’s offering and image to occupy a distinctive place in the mind of the target market.
Choosing a Positioning Strategy Step 1. Identifying Possible Competitive Advantages Step 2. Selecting the Right Competitive Advantage Step 3. Communicating and Delivering the Chosen Position
Defining Associations Points-of-difference (PODs) • Attributes or benefits consumers strongly associate with a brand, positively evaluate, and believe they could not find to the same extent with a competitive brand Points-of-parity (POPs) • Associations that are not necessarily unique to the brand but may be shared with other brands
Consumer Desirability Criteria for PODs Relevance Distinctiveness Believability
Deliverability Criteria for PODs Feasibility Communicability Sustainability
Examples of Negatively Correlated Attributes and Benefits • Low-price vs. High quality • Taste vs. Low calories • Nutritious vs. Good tasting • Efficacious vs. Mild • Powerful vs. Safe • Strong vs. Refined • Ubiquitous vs. Exclusive • Varied vs. Simple
Developing and Communicating a Positioning Strategy • Positioning: How many ideas to promote?
• Unique selling proposition – Four major positioning errors 1. Underpositioning 2. Overpositioning 3. Confused positioning 4. Doubtful positioning
Differentiation Strategies Product Channel Personnel Image
Product Differentiation • Product form • Features • Performance • Conformance • Durability • Reliability • Reparability • Style • Design • Ordering ease • Delivery • Installation • Customer training • Customer consulting • Maintenance
Identity and Image
Identity:
The way a company aims to identify or position itself
Image:
The way the public perceives the company or its products