The concept of brand identity is implemented through brand positioning Positioning is outcome of our perceptions about the brands relative to the competing brands Value Proposition A good hot pizza, delivered to your door within 30 minutes of ordering, at a 1 moderate price
What is brand positioning?
The act of designing the companys offering and image to
occupy a distinctive place in the mind of the target market.
Positioning research helps answer some
important questions What are our relative (to our competitors) strengths and weaknesses? How do consumers see our product? What do they think about us? What is our image? What is our competitive advantage? (how are we better than or different from the competition) Who are our customers? Are our selling points being relayed to the right mix of consumers? Can we target our product to other markets by emphasizing other benefits? 4
Some commonly used positioning strategies are:
Positioning against abroader market
Positioning against aprice segmentof the market Positioning against ausage segmentof the market Positioning against ageographic segmentof a market Positioning against apsychographic segmentof the market Positioning against achannel of distribution
Research for Positioning
Starts with the study of the market to identify the factors which are most important to various users of the product category 1. Investigate what consumers do with the product 2. Attitudinal information should be developed according to the purpose for which the brand is to be used not just for any tow brands 3. It is important to ask why a product or brand is not being used 4. When there are existing brands, it is important to identify where they are placed in the consumers mind 5. Positioning is creative 7
Research Methods For Positioning
Qualitative methods(focus groups, depth interviews, and ethnography)