Preview

9 Element of Brand Positioning

Good Essays
Open Document
Open Document
483 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
9 Element of Brand Positioning
Brand Postioning: brand positioning means emphasizing on distinctive characteristic of a product that makes it different from competitor’s product and it appeals to the public. It is the sum of total that differentiates one brand from another.
Root Strength: It is the original product, value or belief that made a brand great and on its basis brand is now growing. Brand root strength may be a format of a product, distinctive features in a product. For example Sony’s first commercial product was transistor radios. Transistors were the distinctive feature in the product.
Competitive environment: the market and alternative choices as seen by the consumer. A company is looking all the competitors for its product either related directly or indirectly. For Example: Coke would see all the manufacturers of soft drinks, juices, milkshakes, lassi, wines etc…
Target: the target is the person or situation for which the brand is the best choice. It describes the chooser of the brands. This is the person for whom the brand is the first choice. Tarang is targeting
Insight: insight is the deep understanding of consumer’s need and wants. Insight is not we observe in customer but it is the basic need due to which a consumer buys a product. Through insight a company can gain competitive advantage. For Example women use rexona to remove odor from their body, the ultimate aim of using rexona is that due to bad odor they will not feel confident or may be feel reluctant to go in public gathering.
Benefits: benefits are the differentiating aspects in the product which motivate customer to purchase a product. Benefits provide customers’ with the solutions for their problems. They improve the overall life of a person. Benefits should be both functional as well as emotional. For Example: Head and shoulder anti dandruff removes my dandruff and it makes my hair beautiful. Now I look smarter.
Values, beliefs and Personality: Values means what the brands stand for and what the brand

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Section 9 Study Questions

    • 397 Words
    • 2 Pages

    Market positioning is when your company makes an effort to actively control and shape your brand image with your target market.…

    • 397 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    It is combined marketing strategies that result in how the organisation wants a product or brand to be perceived by the market. Positioning is directly related to brand values, market demographics and the image of the product in the marketplace.…

    • 1201 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Customer Value – Buyer’s benefits, including quality, convenience, on-time delivery, and before- and after-sale service at a specific price.…

    • 691 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mkt 220 Test One Review

    • 2104 Words
    • 9 Pages

    Value – a customer’s subjective assessment of benefits relative to costs in determining the worth of a product.…

    • 2104 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Porters Typology

    • 1114 Words
    • 5 Pages

    Some marketing researchers have concluded that “brands are one of the most valuable assets a company has”, A, Neumeier, Marty B (2006). Another source suggest “brand value is one of the factors which can increase the financial value of a brand to the brand owner”, Grannell, C (2009).Time Warner states…

    • 1114 Words
    • 5 Pages
    Better Essays
  • Best Essays

    In this day and age it is seen to be highly important for businesses to recognise the value the Brand, image and atmospherics can have on consumer values on the company, it will inevitably decide the difference between a successfully business.…

    • 1770 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Perceptual Mapping

    • 1542 Words
    • 7 Pages

    Perhaps, consumers typically do not make decisions on the basis of attributes or image alone. Rather they use a combination of both to infer some benefit, adds Iacobucci. A benefit is an abstract concept such as convenience, pleasure, or fun. The rationale for a benefit is the fact that it has some attributes or that certain people use it on particular occasions. An example is how the beer industry emphasize the taste benefit supported by specifying the brand’s choice by showing young adults enjoying it at social gatherings, sports, or at home with friends.…

    • 1542 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    The competitive environment consists of certain basic things which every firm has to take note of. No company, howsoever large it may be, enjoys monopoly. In the original business world a company encounters various forms of competition. The most common competition which a company’s product now faces is from differentiated products of other companies.…

    • 2192 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Espn

    • 272 Words
    • 2 Pages

    Positioning - the act of designing the company’s offerings and image so that it occupies a distinct and valued place in the target customer’s mind relative to competitive choices.”…

    • 272 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    First words on the subjects goes to Branding expert and author Jack Trout who advocates the simplest brand positioning strategy possible. He believes that the best and most successful brands occupy very specific positions in consumers minds, and those positions can be translated into a brand positioning statement of no more than three words. He wrote a post on Branding Strategy Insider where he said:…

    • 1232 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Brand Repositioning

    • 5706 Words
    • 23 Pages

    Brand re-positioning is changing the positioning of a brand. A particular positioning statement may not work with a brand. Brand re-positioning is undertaken in order to increase a brand competitive position and therefore increase sales volume by seizing market share from rival products. When re-positioning companies can change aspects of the product, change the brand’s target market or both. There are four types of re-positioning options for develop a new product in market.…

    • 5706 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    CHOOSING BRAND ELEMENTS TO BUILD BRAND EQUITY Brand elements, sometimes called brand identities, are those trademarkable devices that serve to identify and differentiate the brand. The main brand elements are brand names, URLs, logos, symbols, characters, spokespeople, slogans, jingles, packages, and signage. Independent o f the decisions made about the product and how it is marketed, brand elements can be chosen in a manner to build as much brand equity as possible. That is, according to the customer-based brand equity model, brand elements can be chosen to enhance brand awareness; facilitate the formation of strong, favorable, and unique brand associations; or elicit positive brand judgments and feelings. The test of the brand-building ability of brand elements is what consumers would think or feel about the product if they only knew about its brand name, associated logo, and other characteristics. A brand element that provides a positive contribution to brand equity, for example, would be one for which consumers assumed or inferred certain valued associations or responses. CRITERIA FOR CHOOSING BRAND ELEMENTS In general, there are six criteria in choosing brand elements (as well as more specific choice considerations in each case): 1. 2. 3. 4. 5. Memorability Meaningfulness Likability Transferability Adaptability…

    • 1161 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    This report will help you identify the key potential segmentations for your new type of Robusta raw coffee beans and analyse the different kinds of consumer behaviour in Singapore.…

    • 3620 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    "Brand positioning is an attempt to create and maintain a unique representation of the brand in customer's mind, a representation that is expected to stimulate choice of that brand" (Rossiter, 2005, p.42). Positioning, in fact, refers to how customers think about different brands in a market. Through brand positioning a company attempts to build a sustainable competitive advantage on product attributes in the consumer's mind. Nevertheless, developing a successful positioning strategy is not easy. Positioning products in a complex market can be one of a company's most difficult decisions (Gwin, 2003, p.30). Brand positioning is the first stage of marcoms planning. "Before the manager can make a reasonable decision about where the brand should be headed via its marcoms, the manager first has to decide - to change, if necessary, or to shore up and reconfirm - the brand's positioning" (Rossiter, 2005, p.32).…

    • 1882 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    ASSIGNMENT 10.1 – BRAND POSITIONING Tuan Duong TRUNG HIEU BRAND POSITIONING DEFINITION • • • A way to create a distinct impression in consumer’s mind Consumer’s reason to buy your brand A single and constant meaning behind “brand” in consumer’s mind…

    • 807 Words
    • 9 Pages
    Satisfactory Essays