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MARKETING MANAGEMENT 12th edition

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Presentation on theme: "MARKETING MANAGEMENT 12th edition"— Presentation transcript:

1 MARKETING MANAGEMENT 12th edition
10 Crafting the Brand Positioning Kotler Keller

2 Chapter Questions How can a firm choose and communicate an effective positioning in the market? How are brands differentiated? What marketing strategies are appropriate at each stage of the product life cycle? What are the implications of market evolution for marketing strategies?

3 Marketing Strategy Segmentation Targeting Positioning

4 Positioning Act of designing the company’s
offering and image to occupy a distinctive place in the mind of the target market.

5 Value Propositions Perdue Chicken Domino’s
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

6 Writing a Positioning Statement
Mountain Dew: To young, active soft-drink consumers who have little time for sleep, Mountain Dew is the soft drink that gives you more energy than any other brand because it has the highest level of caffeine.

7 Defining Associations
Points-of-difference (PODs) 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 (POPs) Associations that are not necessarily unique to the brand but may be shared with other brands

8 Conveying Category Membership
Announcing category benefits Comparing to exemplars Relying on the product descriptor

9 Consumer Desirability Criteria for PODs
Relevance Distinctiveness Believability

10 Deliverability Criteria for PODs
Feasibility Communicability Sustainability

11 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

12 Addressing Negatively Correlated PODs and POPs
Present separately Leverage equity of another entity Redefine the relationship

13 Differentiation Strategies
Product Personnel Channel Image

14 Product Differentiation
Product form Features Performance Conformance Durability Reliability Reparability Style Design Ordering ease Delivery Installation Customer training Customer consulting Maintenance

15 Identity and Image Identity: The way a company aims to identify or
position itself Image: The way the public perceives the company or its products

16 Product Life Cycle Introduction Growth Maturity Decline

17 Facts about Life Cycles
Products have a limited life. Product sales pass through distinct stages. Profits rise and fall at different stages. Products require different marketing, financial, manufacturing, purchasing, and human resource strategies in each stage.

18 Marketing Program Modifications
Prices Distribution Advertising Sales promotion Services

19 Market Evolution Stages
Emergence Growth Maturity Decline

20 Emerging Markets Latent Single-niche Multiple-niche Mass-market


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