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Marketing Management
Canadian Fourteenth Edition
Copyright 2013 Pearson Canada Inc.
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Chapter Questions
How can a firm develop and establish an effective positioning in the market? How do marketers identify and analyze competition? How are brands successfully differentiated? What are the differences in positioning and branding with a small business?
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What is Positioning?
Positioning is the act of designing a companys offering and image to occupy a distinctive place in the minds of the target market.
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Value Propositions
Butterball Turkey
Risk- and hassle-free cooking for anyone lacking time or confidence in preparing a weekday or holiday meal
Dominos
A good hot pizza, delivered to your door within 30 minutes of ordering, at a moderate price
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Defining Associations
Points-of-difference 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
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Points-of-parity Associations that are not necessarily unique to the brand but may be shared with other brands
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Point-of-Difference Criteria
Desirable to consumer Deliverable by the company Differentiating from competitors
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Brand Mantras
A brand mantra is an articulation of the heart and soul of the brand and is closely related to other branding concepts like brand essence and core brand promise. Brand mantras are short, three- to five-word phrases that capture the irrefutable essence or spirit of the brand positioning.
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Simplify
Inspire
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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
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Differentiation Strategies
A leverageable advantage is one that a company can use as a springboard to new advantages
Microsoft has leveraged its operating system to Microsoft Office and then to networking applications
For a brand to be effectively positioned, however, customers must see any competitive advantage as a customer advantage.
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Means of Differentiation
Employee Channel
Image
Services
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Emotional Branding
Strong culture
Communication style
Emotional hook
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