Product Positioning A product positioning statement has four main components – the target‚ the frame of reference‚ the differentiation‚ and the reason(s) to believe. THE TARGET The target is who the product is for – who is the target user or customer of the product. The key to a good target definition is to balance being specific with being concise‚ you need to describe the target well enough that they can be identified‚ without being so verbose that your positioning statement goes beyond
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Chapter 4 TUTORIAL FOR POSITIONING ANALYSIS Concept There are three broad concepts associated with this tutorial: Differentiation‚ Positioning‚ and Mapping. Differentiation is the creation of tangible or intangible differences on one or two key dimensions between a focal product and its main competitors. Positioning refers to the set of strategies organizations develop and implement to ensure that these differences occupy a distinct and important position in the minds of customers. Thus‚ Kentucky
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Business Administration University of Santo Tomas "SNAPPLE: REVITALIZING A BRAND" In partial fulfillment of the academic requirement for the course BA31 Brand Management Submitted by: Bandian‚ Alvin Co Ting‚ Annie May W. Fernandez‚ Anthony C. Francisco‚ Mary Abelaine J. Lee‚ Marvin John C. 4M5 Submitted to: Eric G. Pasquin‚ MBA Course Lecturer September 24‚ 2013 THE MAIN PARTS OF A CASE STUDY I. Background Information Snapple Corporation was established way back to 1972 in Brooklyn
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SNAPPLE – An Introduction Started in 1972 by selling all-natural apple juice “100% Natural”- the business mantra Alternative beverage category drink Product portfolio includes juices‚ iced tea‚ lemonade‚ water By 1994‚ had sales revenue around $674 m Distributed mostly through cold channels Promotion of Snapple was an offbeat blend of PR and advertising Had huge success by creating a spokesmodel for the brand: Wendy Kaufman Brand promoted through radio programs by Stern
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Andrew Barker emerged from a lengthy discussion on the energy beverage market in the United States. As a brand manager for Snapple beverages at the Dr Pepper Snapple Group‚ Inc.‚ he was charged with assessing whether or not a profitable market opportunity existed for a new energy beverage brand to be produced‚ marketed‚ and distributed by the company in 2008. Dr Pepper Snapple Group‚ Inc. was the only major domestic nonalcoholic beverage company in the United States without a significant branded energy
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"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
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Brand Positioning Brand Positioning Positioning is owning a piece of consumer’s mind‚ Positioning is not what you do to a product It’s what you do to the mind of the prospect You position the product in the prospect’s mind ‘It’s incorrect to call it Product Positioning’ – Ries & Trout Brand Positioning is owning a piece of customer’s mind. It’s not what a marketer does to its brand but how it is perceived in the mind of the customer. For this‚ a brand has to be distinctive‚ relevant
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The Anatomy of Marketing Positioning Strategy in local Genesis Fitness Club Research has found that today’s organizations are moving towards target marketing. Segmentation‚ targeting and positioning are the three main steps in target marketing. (Kotler‚ Brown‚ Burton‚ Deans and Armstrong‚ 2010) The article aims to explain what market positioning is and how Genesis fitness club positions their services‚ by analyzing their positioning strategy from three interrelated subcomponents——Customer targets
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129 Section 01 Brief Case Study Case Study # 3: Snapple I. Diagnostic symptoms The most critical and diagnostic facts in this case primarily revolve around Snapple’s overall image as perceived by consumers. The image is what built this brand into a success and later pushed it into decline. Five most diagnostic/alarming symptoms: 1. Mismanagement of established image. (Deighton‚ 2003:5). • Quaker intended on making the Snapple brand into big business in a short amount of time
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Dr Pepper Snapple External Analysis * Bargaining Power of suppliers – Medium The switching cost to find other suppliers of commodities to produce beverage is not high‚ and those suppliers are not concentrated or differentiated. However‚ the recession significantly increased commodity prices‚ and DPS has very little power in affecting the prices they pay for these commodities. * Bargaining Power of buyers - Medium Individual buyers do not put high pressure on DPS‚ but large buyers like
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