Positioning
Positioning
Presented by: Shruti Kulkarni (PC 18) Arti Dangi (PC 03) Neelam Upadhyay (PA 09 )
Points of Discussion
Positioning
Positioning
Positioning is the act of designing the companys offering and image to occupy a distinctive place in the mind of the target market.
Why Positioning?
Consumers overloaded with information.
Consumers organize and categorize i.e. Position products and services in their minds.
A products position is complex set of perceptions, impressions and feelings that consumer have for a product.
Why Positioning?
Consumers position the products with or without the help from marketers. But its risky to leave the products positioning to chance
Hence, marketers plan position that will give the product the greatest advantage, and design marketing mixes to create these planned positions.
Positioning
To (target segment and need) our (brand) is a (concept) that (point-of-difference).
Example: 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.
Effective Positioning
eaningful to consumers M Credible/believable Unique to your brand Durable over time
If a company decides to build a position it must deliver that position and maintain it through consistent performance and communication
As a Lunch or Dinner
Housewives / Mothers take decisions Noodles as lunch or dinner item Replacing current lunch items Housewives want to serve children nutritious food Would noodles provide nutrition and replace tradition food?
As a Snack Item
Between lunch and dinner After playing or exercising Spend energy Want to eat something Quick preparation and delicious Variety of flavors Filing Will mothers accept this as a snack Item
The first competition came from the ready-to-eat snack segment, that were usually the bought out type. Eg Samosa unhealthy and uhygienic option The other competitor, homemade snacks overcame both these problems but had the disadvantage of extended preparation time at home.
Maggi was positioned as the only hygienic home made snack. Through its ads, NIL positioned Maggi as a 'fun' food for kids which mothers could prepare easily.
Mummy, bhookh lagi hai Bas 2-Minute Fast to Cook Good to Eat Health Bhi, taste Bhi
Positioning Strategy
Competitive Advantage
Point of Difference
Point of Parity
1.Competitive Advantage
Company can position itself as providing superior value by differentiating along the lines of products, services, people or image How many differences to promote? Aggressively promote one benefit to target market. Companies should develop a Unique Selling Proposition (USP) for each brand and stick to it. However, if two or more companies claim to have same USP, then the companies should position themselves on more than one differentiator attribute
1.Competitive Advantage
Which to promote?
Important Distinctive Superior Communicable Pre-emptive Affordable (to company and consumer) Profitable
2.Points of Difference
Points of difference are attributes/ benefits that consumers strongly associate with a brand/product, positively evaluate, and believe that they could not find to the same extent with a competitive brand/product. Usually in line with the Unique Selling Proposition and are critical in defining the competitive advantage of your products.
Eg. Fast-food chain Subway offers healthier meals than other quick-serve restaurants because its sandwiches have fewer grams of fat
2.Points of Difference
The sources of difference can be
Product Design Quality Additional Services Image People (Staff) Price Others
3.Points of Parity
Associations that are not necessarily unique to the brand but may be shared with other brands. While POPs may usually not be the reason to choose a brand, their absence can certainly be a reason to drop a brand.
Category point of parity means that the brand offers necessary but not necessarily sufficient category features. Eg. A bank will not be suitable, for example, unless it offers adequate ATM service. Competitive point of parity is designed to negate a competitors point of difference. Eg. Lifebuoy soap will establish competitive POP with Dettol soap by claiming that it has germ killing qualities and vice versa.
Value Proposition
Positioning Errors
Under-positioning:
Not positioning strongly enough.
Over-positioning:
Giving buyers too narrow a picture of the product.
Muddled Positioning:
Leaving buyers with a confused image of the product.
Perceptual Mapping
Displaying or graphing, in two or more dimensions. The location of products, brands , or group of products in customers minds.
Margo occupies the herbal slot Lifebuoy occupies the hygiene slot
Attribute data
Nonattribute data
Similarity
Preference
Factor analysis
Correspondence analysis
Discriminant analysis
MDS
1 2
3 4
Identify a set of competing brands Identify important attributes through Qualitative Research Conduct quantitative marketing research
Plot brands on a two dimensional brands
Positioning Bases
Attribute
Use
Product User
Competitor
Product Class
Emotion
6 sec
Attributes
Colgate
Minty taste, foaminess
Low
Forhans regular
High
Good for gums
Use
Product User
Detergent powders
Detergent bars
Cleans dirt Robin liquid is attempting to distinguish itself from Detergent products on the dimension of extra whiteness
Competitor
Mystery Shampoo
Product Class
Emotion
High Efficacy
Low Efficacy
Natural
Cinthol
Feels Good
I = Ideal Position
. Tylenol
. Bufferin . Bayer
Effectiveness
. Private-label aspirin
. Anacin
Balms
Vicks VapoRub
Multi-Purpose
Adult Day-time Forehead (colds) Specific area of pain
Colds
Child Night Nose, Throat Chest and back
Repositioning
Brand positioning, when obsolete -occurs a need to
Reposition it. E.g.: Hyundai cars 10 years 1,00,000 miles warranties And 1 yr buy back program Value for money positioning statement may not work for a brand
Positioning is the process by which marketers try to create an image or identity in the minds of their target market for its product, brand, or organization
Re-Positioning involves changing the identity of a product, relative to the identity of competing products.
De-Positioning involves attempting to change the identity of competing products, relative to the identity of your own product.
Introductory stage
Elaboration stage
Fortification stage
Radical repositioning
Environmentally driven
Consumer driven
Competitor driven
Internally driven
Falling sales:
Ambassador: From rational pitch to emotional pitch
Brooke bonds red label: Changing the tag lines
repositioned itself again with the help of cricketer Virat Kohli (during IPL season) With the tagline Alive is Awesome Targeted youth Changed the wrapper from red to bold and abstract colours
Repositioned the soap along with shower gels, deodrants and talcum powder.
Merits of repositioning:
Demerits of repositioning:
Up to date image
References:
Sengupta Subroto, Brand Positioning Strategies for competitive advantage, TATA MacGraw hills Education Private Limited, 2nd edition. Trout Jack, Ries Al Positioning - The Battle for Your Mind, McGraw Hill Professional. Lamb, Hair, Sharma, McDaniel- MKTG, CENGAGE learning.