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10 Crafting the Brand Positioning 1

10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions How can a firm develop

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Page 1: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

10Crafting the

Brand Positioning

1

Page 2: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Copyright © 2011 Pearson Education, Inc.  Publishing as Prentice Hall 10-2

Chapter Questions

How can a firm develop and establish an effective positioning in the market?

How do marketers identify and analyze competition?

How are brands successfully differentiated? What are the differences in positioning and

branding with a small business?

Page 3: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

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Value Propositions

Perdue Chicken More tender golden chicken at a moderate

premium price Domino’s

A good hot pizza, delivered to your door within 30 minutes of ordering, at a moderate price

Page 4: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Table 10.2 Customer Ratings of Competitors

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Page 5: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Brand Positioning Statement

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Page 6: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

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Defining Associations

Points-of-difference

Attributes or benefits consumers strongly associate with a brand, positively evaluate, and believe they could not find to the same extent with a competitive brand

Points-of-parity

Associations that are not necessarily unique to the brand but may be shared with other brands

Page 7: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Point-of-Difference Criteria

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Desirable (Consumer)

Deliverable (Company)

Differentiating (competition)

Page 8: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

POD & POP

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Page 9: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Figure 10.1a Perceptual Map: Current Perceptions

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Page 10: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Figure 10.1b Perceptual Map: Possibilities

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Page 11: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

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Group Exercise

With regards to your group project, highlight the POD and the POP.

Does it fits the POD criteria?

Page 12: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Designing a Brand Mantra

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Communicate

Simplify

Inspire

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Conveying Category Membership

Announcing category benefits Comparing to exemplars Relying on the product descriptor

Page 14: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Examples of Negatively Correlated Attributes and Benefits

Low-price vs. High quality

Taste vs. Low calories

Nutritious vs. Good tasting

Efficacious vs. Mild

Powerful vs. Safe Strong vs. Refined Ubiquitous vs.

Exclusive Varied vs. Simple

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Page 15: 10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop

Means of Differentiation

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Employee

Channel

Image

Services