Thanks to visit codestin.com
Credit goes to www.scribd.com

0% found this document useful (0 votes)
47 views14 pages

Brand Positioning and Values: MMKT 641: Strategic Brand Management Kusom Mba

Uploaded by

wakiga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
47 views14 pages

Brand Positioning and Values: MMKT 641: Strategic Brand Management Kusom Mba

Uploaded by

wakiga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 14

MMKT 641: Strategic Brand Management

KUSOM MBA
Summer 2020

You are with: $

Lecture 03:
Brand Positioning and Values

© Sujan R Shrestha, KUSOM 2020.


What is Brand Positioning?

Positioning refers to the place in consumers’ minds

occupied by the brand.


The positioning strategy a marketer adopts for a brand will

influence the knowledge structures consumers develop.


This involves:

segmenting the market,

evaluating the competition, and

selecting a target market.


Brand Positioning

Define competitive frame of reference


Nature of competition
Target market

Define desired brand knowledge structures


Points-of-parity
 necessary

 competitive

Points-of-difference
 strong, favorable, and unique brand associations
Issues in Implementing Brand Positioning

1. Establishing Category Membership

2. Identifying & Choosing POP’s & POD’s

3. Communicating & Establishing POP’s & POD’s

4. Sustaining & Evolving POD’s & POP’s


Establishing Category Membership

Product descriptor

Exemplar comparisons
Identifying & Choosing POP’s & POD’s

Desirability criteria (consumer perspective)


Personally relevant
Distinctive & superior
Believable & credible

Deliverability criteria (firm perspective)


Feasible
Profitable
Pre-emptive, defensible & difficult to attack
Major Challenges in Positioning

Find compelling & impactful points-of-difference

(MacMillan & McGrath, HBR, ‘97)


How do people become aware of their need for your

product and service?


How do consumers find your offering?

How do consumers make their final selection?

How do consumers order and purchase your product or

service?
Major Challenges in Positioning

Find compelling & impactful points-of-difference (cont…)

What happens when your product or service is

delivered?
How is your product installed?

How is your product or service paid for?

How is your product stored?

How is your product moved around?


Major Challenges in Positioning

Find compelling & impactful points-of-difference (cont…)

What is the consumer really using your product for?

What do consumers need help with when they use your

product? What about returns or exchanges?


How is your product repaired or serviced?

What happens when your product is disposed of or no

longer used? https://www.youtube.com/watch?v=IkdzqjHtfcY


https://www.youtube.com/watch?v=JPDY6q_H0c0
https://www.youtube.com/watch?v=b_u5C749aKQ
Communicating & Establishing POP’s & POD’s

Create POP’s and POD’s in the face of attribute & benefit


trade-offs
Price & quality
Convenience & quality
Taste & low calories
Efficacy & mildness
Power & safety
Comprehensiveness (variety) & simplicity
Strength & refinement
Strategies to Reconcile
Attribute & Benefit Trade-Offs

Establish separate marketing programs

Leverage secondary association (e.g., co-brand)

Re-define the relationship from negative to positive


Sustaining & Evolving
POP’s & POD’s

Core Brand Values &


Core Brand Proposition
Core Brand Values

Set of abstract concepts or phrases that characterize the

5-10 most important dimensions of the mental map of a

brand.

Relate to points-of-parity and points-of-difference

Mental Map  Core Brand Values  Brand Mantra


Brand Mantras

A brand mantra is an articulation of the “heart and

soul” of the brand.


Brand mantras are short three to five word phrases

that capture the irrefutable essence or spirit of the


brand positioning and brand values.
Nike: Authentic Athletic Performance

Disney: Fun Family Entertainment

You might also like