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Brand is . . .
• . . . a promise by a company to
its customers that differentiates
its products and services over
time.
BRAND
Organizational
Brand Personality
Associations
PRODUCT Symbols
Country Scope
of Origin Attributes
Quality Brand-customer
Uses Relationships
User Imagery
Emotional
Self-Expressive Benefits
Benefits
Understanding the Brand
Promise
The brand promise defines the customer’s expectations for
the
experience.
We are Citigroup.
Being the most
Low prices are just the successful
beginning. computer company in
the
world at delivering
With our singular focus on the best
customer service, we customer experience
provide the THE RITZ-CARLTON in
most useful and ethical We are ladies and gentlemen
markets we serve.
financial serving ladies and gentlemen.
services in the world.
Brand Identity and Brand Image
↑
Brand Positioning
“To position a
product/service in the
minds of consumers
relative to competitors”
Robbertson 2000
Positioning Levels
Segmentation
Targeting
Positioning
Target Market Segmentation
• Sensory segment
– Flavor and product
appearance
Flavor, Brightness
• Sociable
– Brightness of teeth
3 stripes, one for
• Worriers each of the 3 main
– Decay Prevention segments
• Proper positioning
• How?
– Communicate category benefits
– Compare your product to exemplars
– Rely on product descriptor
FOCUS OF POSITIONING
• Competition
• Product user
• Product class
• Cultural symbols
STEPS IN POSITIONING
• Identify Competitors.
• Determine most important attributes
consumers use in choosing a brand.
• Determine consumers’ perceptions of
competitors.
• Determine perceptions of your brand
• What is the ideal brand for your market
segments?
• Assess best positioning strategy
• Track image of brand over time
Brand Positioning
Brand Positioning
– Brand positioning is all about identifying the
optimal location in our customers’ minds for
our Brand and our competitors.
• Points of Parity?
• Desirable
• Deliverable
• Necessary
• Competitive
Nuts and Bolts
• How do I decide on my PODs and POPs?
• POPs
– Analysis of category
• What attributes do all of my competitors
have? I probably need to have those, or my
competitors automatically have a POD
• POPs get you included in category
• Two types
– Category: attributes that are required to
include your product as a member of that
category
– Competitive: POP that negate your
competitors PODs
1991
1985
1975
1971
• Affluence, exclusivity
• Fun to drive
• Affluence, exclusivity
• Fun to drive
• Fun to drive
• Economical
• International
• Desirability
Managerial issues
• Criteria for POD
– Desirability
• Must be Relevant
• Must be Distinctive
• Must be Believable
– Deliverability
• Feasibility
• Communicability
• Sustainability
Establish POP and POD in marketplace
• Point of Difference?
Relevant
Compelling
Believable
Deliverable
Difficult to attack
Point of Difference Questions….
• Target Audience
• Compelling benefit
Creative Leaps
Advertising Idea
Strategy / Positioning
Product
Consumer Understanding
Going From Strategy to Idea
Advertising Idea:
Some Definitions. . . Transforms the strategy
into a powerful,
motivating, and
consumer relevant
selling idea.
Brand Positioning
Provides the strategic
framework for how we
are going to
differentiate our brand
vs. competition.
Brand Positioning
Physical Positioning
• How a firm’s product compares to the
competition’s on some set of objective
physical characteristics
Perceptual Positioning
• How a firm’s product compares to the
competition’s on some set of subjective
characteristics
A brand can be positioned in
several ways:
• Benefit positioning.
• Target positioning.
• Price positioning.
• Positioning by distribution.
Similar concepts
• Unique Selling Proposition (USP; Reeves
and Bates)
– Advertisers should give a compelling reason
to buy a product that competitors could not
match
• What component of the IBM reflects this?
• Sustainable Competitive Advantage (SCA)
• The advantage of delivering superior value in
the marketplace for a prolonged period of time
• Further, SCAs can result from any component
of the firm
– Similar to notion that Principle exists in every part of
the firm
CONCLUSION….
JOY MAJUMDER
TONY PAUL EDWIN
ABISHEK BANERJEE
DEBOJIT DUTTA
POOJA MALIK
AMIT SARKAR
“THANK YOU FOR HEARING”