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VALUES
Chapter 3
Lecturer Md
Shahedur Rahman
Brand Positioning
Is at the heart of the marketing strategy
. . . the act of designing the companys
3.2
Determining a frame of
reference
Marketers need to know:
competitors ?
4. How the brand is different from
them ?
3.3
Target Market
A
3.5
3.6
segment?
Size: Is there adequate sales potential in
the segment?
Accessibility: Are specialized distribution
outlets and communication media available
to reach the segment?
Responsiveness: How favorably will the
segment respond to a tailored marketing
program?
3.7
Points-of-Parity
Points-of-parity associations
3.8
Points-of-Difference
Points-of-difference (PODs) are
3.9
3.10
frame of reference
Determine category membership
Which products or sets of products does the
brand compete?different category often result in
different competitive frames of reference and
thus different POPs and PODS?
Choosing and establishing points-of-parity
and points-of-difference
3.11
perspective)
Personally relevant
Target customer must find the POD personally relevant
and important
Distinctive and superior
Find a viable basis for differentiation
3.12
Profitable
Pre-emptive, defensible, and difficult to
attack
3.13
3.14
Strategies to Reconcile
Attribute and Benefit Trade-offs
Establish separate marketing programs
Leverage secondary association (e.g., co-
brand)
Re-define the relationship from negative
to positive
3.15
difference
Mental map Core brand values Brand
mantra
3.16
Examples: of International
brands
Colgate
is
Lux
Protection
is
Glamour
Fedex
is
Overnight
Axe
is
Opposite attraction
Volvo
is
Safety
Qatar Airlines is
5 star
18
Examples: of Bangladeshi
brands
Spring
is
Natural
Fruitika
is
Pure
Xpel
is
Stops Mosquito
Irritation
Magic
is
Removes bad
breathe
19
Brand Mantras
An communication of the heart and soul of
the brand
Similar to brand essence or core brand
promise
Short three- to five-word phrases that
capture the convincing essence or spirit of the
brand positioning and brand values
Considerations
Communicate
Simplify
Inspire
3.20
3.21
3.22
Emotional
Modifier
Descriptiv
e
Modifier
Brand
Functions
Nike
Authentic
Athletic
Performance
Disney
Fun
Family
Entertainment
Fun
Folks
Food
Internal Branding
Members of the organization are properly
3.23
Brand Audit
Externally, consumer-focused assessement
A comprehensive examination of a brand
3.24
3.25
3.26
Brand Inventory
A current comprehensive profile of how all the
3.27
better managed
Assesses consistency in message among
activities, brand extensions, and sub-brands in
order to avoid redundancies, overlaps, and
consumer confusion
3.28
Brand Exploratory
Provides detailed information as to how
equity
Uncovers knowledge structures for the core
brand as well as its competitors
3.29
recommendations
3.30