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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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Presentation on theme: "10 Crafting the Brand Positioning 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-2 Chapter Questions  How can a firm develop."— Presentation transcript:

1 10 Crafting the Brand Positioning 1

2 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?

3 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-3 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

4 Table 10.2 Customer Ratings of Competitors Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-4

5 Brand Positioning Statement Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-5

6 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-6 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

7 Point-of-Difference Criteria Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-7 Desirable (Consumer) Deliverable (Company) Differentiating (competition)

8 POD & POP Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-8

9 Figure 10.1a Perceptual Map: Current Perceptions Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-9

10 Figure 10.1b Perceptual Map: Possibilities Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-10

11 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-11 Group Exercise  With regards to your group project, highlight the POD and the POP.  Does it fits the POD criteria?

12 Designing a Brand Mantra Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-12 Communicate Simplify Inspire

13 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-13 Conveying Category Membership  Announcing category benefits  Comparing to exemplars  Relying on the product descriptor

14 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 Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-14

15 Means of Differentiation Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 10-15 Employee Channel Image Services


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