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Book review on
RepositioningSubmitted ByNilesh Holkar (36)Nilesh Kalmegh(37)Nisha Khera (38)Nitish Tewary (39)Omkar Banore (40)
Introduction“Repositioning” book is written by Jack Trout
along with Steve Rivkin It was published in the year 2010Jack Trout is one of the most famous
marketing gurus in the worldStratergies of the Companies like
Intel,IBM,AT&TandProcter&Gamble etc was influenced by Jack Trout
What is repositioning
Repositioning is how you adjust perceptions about you and your competition and not about changing peoples mind
Be Focused on one powerful differentiating idea and drive it into your consumers mind
It is not about what you want to do but what your competitors will let you do
Need for repositioningChanging customer needsGrowing market competitionMeet customer requrementsLoss in companies salesStagnant product benefitsEmerging new technologies
Repositioning the competitionWhen you go to attack your competitor,
beware of getting attack in return Find a weakness in the leaders strength and
attack at that pointIts not about a priceRepositioning a competitor in its place
Difficulties in repositioningMinds are hard to changeCorporate egoConsumer memoryDifficult to predict the resultTime taken by the CEO to implement
ConclusionCreate a differentiating idea over competitor
and project it in consumers mind The best way to really enter minds that hates
the complexity and confusion is to oversimplify your message
THANK YOU